Financial crime expert Michael Schidlow will reveal data’s power in identifying and combating financial crimes during the COVID-19 pandemic. You will learn how to update your compliance program to incorporate modern data validation practices.
What You'll Learn
- Why is data increasing at the core of regulatory findings related to compliance?
- What impact is COVID-19 having on data validation requirements?
- How are auditors shifting their focus?
- How does data affect FinCrime processes?
- How can you build current key risk indicators (KRI)?
- What sorts of data commonly fall through the cracks?
Training Overview
COVID-19 is driving an increase in financial crimes. As savvy financial institutions identify more questionable transactions, they are increasingly using data validation to ensure regulatory compliance and audit actions.
You need to update your FinCrime data validation program to keep up with the thriving fraudsters during the pandemic. If your compliance and risk team members are now working remotely from separate locations, it is even more essential to prioritize data selection and implement common procedures for its analysis.
- Why is data increasing at the core of regulatory findings related to compliance?
- What impact is COVID-19 having on data validation requirements?
- How are auditors shifting their focus?
- How does data affect FinCrime processes?
- How can you build current key risk indicators (KRI)?
- What sorts of data commonly fall through the cracks?
Who Should Attend?
- Compliance officers
- Auditors
- Risk practitioners
- IT/data risk owners
- Financial crime practitioners
Expert Presenter
Michael Schidlow
- Financial crime compliance advisory and training consultant
- Over fourteen years of experience in the legal, compliance, and audit fields
- Previously has held leadership roles with Bank of America and HSBC
- Certified Fraud Examiner (CFE)
- Certified AML Audit Specialist (CAMS-Audit)
- Licensed attorney
- Professor of criminal justice and ethics