Press
Solving continuation SAR conundrums is one of three new videos released
FREDERICK, MD (September 29, 2014) – A new online video in the Risk Watch series discusses issues associated with continuation Suspicious Activity Reports, submissions that financial institutions file with the Financial Crimes Enforcement Network when suspicious transactions related to previously submitted SARs recur within a specified timeframe. “When reviewing Suspicious Activity Reports, we notice a disproportionate number of issues associated with continuation SARS,” said Analyst Rachel Osborn, the video’s featured expert. Watch the video here.
This video is just one of the recently released additions to AffirmX’s series of educational videos called Risk Watch. Other videos include the following:
RISK WATCH 30: DISASTER RECOVERY AND BUSINESS CONTINUITY PLANNING AND TESTING
If a disaster struck your institution right now, would you be ready to handle it? In this video, find out how to make your plan ready to be put to the test and learn three elements of a robust disaster recovery/business continuity plan with AffirmX’s EVP and Director of Risk Management, Ken Agle.
RISK WATCH 29: CLEARING UP THE CONFUSION AROUND UDAP’S PROPOSED REPEAL
The federal regulatory agencies recently issued a joint guidance related to the repeal of unfair and deceptive practices rules. What does this mean for your institution? Find out in this episode of Risk Watch featuring AffirmX Analyst Rebecca Drebin.
THE SERIES
“The ‘Risk Watch’ video series is just one of the ways our team of experts is helping financial institutions proactively address compliance challenges,” said Ken Wolff, CEO of AffirmX, which sponsors the series. ”We encourage credit unions of all sizes to take advantage of these educational resources and contact us to learn more about our solutions.”
AffirmX provides automated risk intelligence solutions that help financial services institutions reduce risk management workloads, anxieties and costs. The AffirmX Risk Intel Center delivers accurate risk intelligence based on expert review of internal and external data sources through a query-based workflow engine. AffirmX enables clients to spend less time searching for issues and more time proactively remediating and mitigating risks so that they can focus on their core business.
Subscribe to www.riskinbox.com for email updates on what’s hot right now in compliance and risk for credit unions. For more information on AffirmX’s unique compliance solutions and consulting services, visit affirmx.com or advisx.com.