by: Suzie Higbee
Spring trainingfor Major League Baseball is winding to a close, which means opening day will soon be upon us. Over the course of a long season, the teams that have used their spring training wisely frequently find that it makes the difference between being a playoff contender and an also-ran.
In a similar fashion, efforts to thoroughly validate an anti-money laundering system can pay off in the long run.
How do you achieve a strong AML system?Here are four areas to work on to get you closer to post-seasonform.
Have a personalized game plan
What kind of managerwould try to runhis team like anyother team, without regard for the specific strengths and weaknesses of each player. A firedmanager, that’s who. Every single baseball team requires its own, uniqueapproach. The players learn to work with each other, play totheir strengths, and compensate for theirvulnerabilities. The same goes forAML monitoring.
