Skip to content
Awareity
Awareity
Primary Navigation Menu
Menu
  • Home
  • About
    • About
    • Awareity Butterfly Effect
    • Contact
    • Support
  • Solutions
    • Information Security Training
      • Information Security Awareness Training
      • Awareness and Accountability Vault (AAV)
    • Prevention and Connecting the Dots Platform
    • First Preventers Framework
    • Prevention and GAP Assessment
    • Threat Assessment Teams
    • Climate Surveys
    • Resellers
    • Industries
      • K12
      • Higher Education
      • Diocese
      • Healthcare
      • Government
      • Corporate
  • Blog
  • Info Request

AML

AML Fine Sends a Message to Banks

2011-05-03
By: Awareity
On: May 3, 2011
In: *Connecting the Dots Blog*, Regulatory Compliance, Risk Management

  Miami-based Pacific National was fined a $7 million penalty for violations to the Bank Secrecy and USA Patriot acts. Lessons Learned: Fines for gaps in AML practices are becoming more severe.  Financial organizations must ensure they have the appropriate policies and procedures in place and ensure their people are aware and accountable for their decisions to meet ongoing compliance requirements.  Organizations also need legal-ready and audit-ready documentation to avoid expensive fines, lawsuits, and embarrassing headlines.Read More →

READ MORE:

WATCH MORE:


Get Solutions For Your Challenges!
 
 
 
 
 
 
Don't worry, we will only call if you request "Phone" as your contact preference. We hate spam calls too!


Not seeing the form to request information? Drop us a line and we'll send you more information!

Recent Blog Posts

Bad News, Good News, and Better News

March 1, 2023

Lawsuits and Settlements Trending Sky High

February 17, 2023

Oklahoma State Department of Education Launches Awareity’s Prevention Platform & Tools

November 10, 2022

A Screw In Your Tire & Pre-Incident Prevention

August 23, 2022

When You Don’t Know What Others Know…Bad Things Can Happen (and are happening)

June 10, 2022

Support

Need more information on
Support for AAV or TIPS?

Click here

What are you looking for?

Connect the Dots With Us!

| |

Designed using Dispatch Premium. Powered by WordPress.