Over the past year, Protiviti has published a series of point-of-view (POV) papers on anti-money laundering (AML) transaction monitoring systems. These papers address issues ranging from selecting and implementing the right system to employing a proper governance framework. Given the ever-increasing regulatory scrutiny related to AML issues and the ever-more-complex compliance challenges faced by financial services organizations in that regard, it is not surprising that the response from the market to our insights has been enthusiastic and overwhelmingly positive.
This publication is a compilation of these six POV papers. The compilation includes not only specific guidance regarding various aspects of deploying and leveraging AML transaction monitoring systems, but also highlights key institutional challenges and opportunities that come with an AML system deployment.