Managing the AML Risk for Correspondent Banking (in Mandarin)

Presented by

Joyce Hsu, CAMS-FCI | 许胧方, Bai Ye ZHU, Margaret | 朱百叶, Serena Zhu CAMS | 朱静燕

About this talk

Correspondent banking is a vital link in global finance. However, correspondent relationships can pose unique oversight challenges, most notably reliance on third parties to identify beneficial owners and politically exposed persons. This webinar outlines common challenges and proposed solutions to the distinct compliance concerns related to correspondent banking, providing practical guidance on applying a risk-based approach to mitigate potential AML challenges, identify red flags and properly investigate and resolve potential problems. 代理银行在全球金融中是至关重要的一环。然而,代理往来关系却可能构成独特的监管挑战,最明显的是依赖第三方来确认实质受益所有权人和政治公众人物。此次网络研讨会将探讨代理银行的共同挑战和涉及不同法规遵循要求的考虑,应用基于风险的办法,以减轻潜在的反洗钱挑战、辩识危险信号、适当调查和解决潜在问题提供实务指引。 Learning objectives include 学习目标: Regulations update for Correspondent banking 代理银行业务相关的法规更新 Adapting CDD/KYC policies to address unique risks of correspondent banking such as nested accounts 调整客户尽职调查/了解您的客户政策,以适合代理银行独特的风险,如嵌套账户 Examining branches, subsidiaries and affiliates of correspondent clients to gauge AML adequacy 检验代理客户分支机构,以验证其反洗钱制度的适当性 Creating strategic profiles of respondent banks to identify and investigate aberrant transactions 创建受托银行的重要目标档案,以识别和调查异常交易

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