AML Model Validations: A Practical Guide for Community Banks & Credit Unions
Anti-Money Laundering (AML) models are critical for detecting suspicious activity and ensuring compliance with the Bank Secrecy Act (BSA). For community banks and credit unions, these models often include transaction monitoring systems, customer risk scoring tools, and sanctions screening applications. After performing over 100 AML model validations over the past 10 years, I understand the … Read more
