Elements of Customer Risk: Assessing AML Geographic Risk
Jan 18, 2022 | 12 – 1:30 pm ET | 1 CAMS | Register Now
Foreign transaction activity is an established risk factor for money laundering. But what makes one country “riskier” than another from a money laundering or terrorist financing perspective?
During the final presentation in her Customer Risk series, Laurie Kelly, CAMS, will explore one objective methodology financial institutions may consider assessing individual countries’ money laundering risk, which in turn may be used in transaction activity monitoring, customer risk scoring and the institution’s high-level money laundering risk assessment.
By the end of this presentation attendees will:
- Understand why you need to assess geographic money laundering risk
- Know how to build a country money laundering risk methodology