GRIP’s US Content Manager Julie DiMauro spoke with Karen Brown, Head of KYC compliance at a correspondent bank in New York. They talked about anti-money laundering (AML) and know-your-customer (KYC) trends and challenges, especially ones specific to the correspondent banking sector.
Karen and Julie discussed:
- the evolving AML, KYC, and ESG compliance landscapes in the correspondent banking arena;
- how regulatory exams can be used to reveal systemic weaknesses and bolster compliance;
- compliance and risk-management challenges unique to correspondent banking;
- implementing global compliance standards during a monitorship; and
- building a culture of accountability and leadership that fosters trust and morale.
A transcript of the podcast is available here.
