Legislative reform will reinvent current AML processes in the US. Is your business prepared for significant changes to KYC/AML regulations?
Momenta were delighted to host this recent event, where a panel of industry leaders debated and shared their thoughts around one of the biggest topics in US financial services companies right now.
Until now, the United States and territories have had sole responsibility for the establishment and administration of legal entities. However, a lack of transparency has led to an increase in financial crime, specifically money laundering and fraud.
The next three years will present several challenges and opportunities to compliance professionals in U.S. financial institutions, as well as highlighting the need for contingent staffing methods in ensuring that firms remain compliant.
Download our free webinar to discover how some of the leading figures in the AML and regulatory compliance space are equipping their businesses to deal with the new regulatory landscape.