This episode of #FridayswithFintelekt features a conversation between Shirish Pathak, Managing Director, Fintelekt and Alma Angotti, Partner and Co-Leader of the Global Investigations and Compliance Practice at Guidehouse. In this episode, Alma speaks about -
- learnings from her long career spanning regulation, advisory and law enforcement;
- the ‘tone from the top’, building a culture of AML/CFT compliance, and reinforcing this across levels within the organisation; understanding where the breakdown in compliance usually happens;
- the challenges that regulators are facing and what might be required to create a more effective system bearing in mind recent incidents such as the FINCEN leaks;
- systemic deficiencies caused by current regulatory approaches at financial intelligence units and possible solutions;
- best practices that banks and other reporting entities should follow when dealing with regulators and law enforcement agencies; and
- advice to the compliance community to ensure that they can still be effective and efficient at their jobs.
