How to add predictive analytics into your risk program. Risk reports are often limited to historical insights and issues and do not provide guidance and insights into the future of the organization. Adding predictive analytics can allow your organization to detect emerging risks and create mitigation plans. This can be achieved by combining internal and external key risk indicators (KRIs) and key performance indicators (KPIs) with regulatory intelligence. This ensures that risk reports can detect more issues and highlight areas of concern. Click here to learn more.
Starting Sunday October 13, representatives from 205 countries and jurisdictions around the world, the IMF, UN, World Bank and other organizations, are meeting for FATF Week in Paris, France. Six days of meetings will focus on disrupting financial flows linked to crime and terrorism and discuss ways to contribute to global safety and security.
The FATF has announced the release of a consolidated table of assessment ratings received by the 205 FATF-member jurisdictions in their peer reviews of the effectiveness of their technical compliance with the FATF recommendations for effective AML/CFT systems.