Moody’s Talks: KYC Decoded

Effectiveness > Efficiency

Episode Summary

AML effectiveness. AML efficiency. What do these words really mean and what difference do they really make in the fight against financial crime? In this episode of KYC Decoded, host Alex Pillow is joined by Natasha Vernier, co-founder and CEO of the regtech firm, Cable.

Episode Notes

AML effectiveness. AML efficiency.

What do these words really mean and what difference do they really make in the fight against financial crime? 

In this episode of KYC Decoded, host Alex Pillow is joined by Natasha Vernier, co-founder and CEO of the regtech firm, Cable. Their lively and informative discussion covers:

• How to interpret the loose definition of AML effectiveness
• Why AML effectiveness matters
• Top reasons organizations are fined and how that continues to evolve
• The role technology plays in creating efficiency & automated workflows

For additional resources on AML effectiveness, check out:

• Cable's "The Effectiveness of Financial Crime Controls" white paper series
• The OCC's 2023 Bank Supervision Operating Plan

Learn more about Cable's automated assurance tool here and increasing regulatory expectations on partner banks here.

To get a demo of Moody’s Analytics AML solutions, visit our website.