Nepal Bankers’ Association (NBA), in collaboration with ACAMS, organized a webinar for member banks to strengthen their understanding of Anti-Money Laundering (AML) compliance and risk mitigation frameworks.
During the program, Ms. Tanya Montoya, Director of Product and Technology – AML Risks at ACAMS, provided insights into advanced approaches to AML risk assessment. She emphasized the critical need to establish global AML control standards and measure the effectiveness of institutions’ preventive and detective controls. Ms. Montoya also highlighted how institutions can leverage technology to develop robust compliance frameworks capable of addressing evolving threats and meeting regulatory expectations.
Similarly, Mr. Vanny Dang, Regional Senior Business Development Manager at ACAMS, discussed the practical aspects of AML and suspicious activity risk assessments. She underscored the importance of identifying risks across products, high-risk customer types, and geographies while addressing suspicious activities such as fraud, terrorist financing, cyber events, and money laundering.
The webinar was attended by over 50 officials from various commercial banks.
