July 20 2019

When Executives Tell the BSA Team to Shut Up

When Executives Tell the BSA Team to Shut Up

The Florida BSA/AML team sounded repeated alarms about a potential money-laundering pipeline, but the response they got from executives was to shut up, focus on the transaction in front of them, file their paperwork, and move on. The billions kept flowing. Then it hit the fan. Key takeaway: don't ignore your BSA/AML team's warnings. [4/3/19]

Risk Watch 150: True Beneficiaries and Bank Secrecy Act

Why is knowing the true beneficiary a vital aspect of a financial institution’s Bank Secrecy Act efforts?This is the third of three episodes of Risk Watch highlighting notable examples of BSA reporting as recognized by FinCEN. Click here to watch now.

What is the AffirmX Platform?

Video What makes the patented AffirmX Risk Intel Platform different than anything else out there? Take the next 3 minutes to see what this revolutionary tool can do for your financial institution. Watch Video

About Risk InboX

Each day, teams of subject matter experts and analysts at AffirmX and AdvisX comb through dozens of resources to keep tabs on the latest developments in areas of risk. We share our findings here, along with a brief note about why each item matters.

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