Join us for a refresher on AML model validation and system tuning. Topics for model validation include: how to determine if your system is a model or a tool and whether it needs to be validated; best practices in frequency of model validation; when to perform a data validation as opposed to a full-scope model validation; regulatory trends and expectations in terms of model risk management programs; and, gaps typically identified by model validations. We’ll then turn it over to the tuning team who will discuss the types of triggers your institution should have in place for system tuning; the process of tuning an AML model; and regulatory expectations in terms of frequency and scope of tuning.