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Insights: Get Your Business Units to Buy into AML Training

By Patrick Fogerty

By Patrick Fogerty Imagine walking across the top of a wooden picket fence, in thin-soled shoes, while juggling. Managing anti-money laundering training in an organization can sometimes feel just like that. That's because when you're in charge of BSA/AML training, you're usually trying to balance at least three things: 1.      Business needs and practices that keep your organization profitable. 2.      Regulatory requirements that maintain your good standing with auditors and examiners. 3.      Risk factors that expose your enterprise to financial losses. You don't want to keep people from doing their jobs and making money, but at the same time, you...

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