No regulator in any jurisdiction prescribes the use of automated systems to carry out transaction monitoring. Yet increasingly, institutions handling larger numbers of transactions are finding the manual approach problematic in mitigating financial crime risk.
The International Compliance Association (ICA) is a professional membership and awarding body. ICA is the leading global provider of professional, certificated qualifications in anti-money laundering; governance, risk, and compliance; and financial crime prevention. ICA members are recognized globally for their commitment to best compliance practice and an enhanced professional reputation. To find out more, visit the ICA website.
