FRAML, the compliance acronym that refers to merging fraud prevention and anti-money laundering (AML) units, has become a popular concept for financial institutions. The combination of these functions tends to bolster risk management and increase operating efficiencies. However, these distinct specialties perform discrete functions — so marrying them requires meticulous planning, careful execution and comprehensive follow-up. Join this webinar for practical advice from industry experts on building a stronger FRAML framework.
Assessing rationale for FRAML merger such as common core values and shared missions to achieve buy-in from key stakeholders
Examining and resolving potential issues to integration including workplace culture differences and disparate investigative methods
Performing post-consolidation review to make systemic adjustments as warranted and confirm FRAML benefits such as enhanced 360-degree customer view
Miembros de ACAMS
Can't attend live? Register anyway! The recording to this webinar will be available in your LMS account after the event.