Avoiding AML Enforcement Actions

For any bank’s anti-money laundering (AML) program, getting penalized with a regulatory enforcement action has profoundly negative impacts. It can damage the reputation of a financial institution and blemish the career of its AML/BSA compliance officer.

But there are surefire ways to successfully navigate the BSA compliance minefield. In this whitepaper we recommend three best practices for AML/BSA compliance officers to minimize their risk of becoming subject to regulatory enforcement actions.