Cause and Impact: Inefficiencies in KYC and Sanctions Remediation

Presented by

Michael Harris and James Leake

About this talk

Is 24 hours too long for customers to wait? Are lengthy Know Your Customer (KYC) & Sanctions remediation processes having a negative effect on the customer experience? What are the causes of inefficient remediation processes? Is financial crime exposure being increased by the poor remediation of alerts? This webinar delivers the views of over 150 financial services professionals as conveyed in KYC & Sanctions Remediation: The Cost of Inefficiency. Find out the challenges your peers face when conducting Know Your Customer (KYC) and Sanctions remediation, and discover potential opportunities to improve outcomes. Learning Objectives •Gaining the perspective of leading professionals from a variety of financial institutions on the challenges they have with regard to KYC & Sanctions remediation •Understanding the impact that differing team structures have on KYC & Sanctions remediation efficiency •Evaluating the underlying causes of inefficiencies in remediation processes, and the subsequent business impacts such inefficiencies create •Considering methods which can be applied to help overcome process inefficiencies, improve the customer experience and drive better outcomes

Related topics:

More from this channel

Upcoming talks (0)
On-demand talks (83)
Subscribers (76857)
ACAMS web seminars provide a convenient method to meet training requirements and stay on top of AML trends, sanctions updates and regulatory changes, plus ask questions of industry experts.