Crypto in Financial Institutions – How to Detect Suspicious Activity within your Investigation
As cryptocurrency-related businesses and individuals holding cryptocurrencies grow in number, how should a financial institution respond? “We don’t bank crypto” isn’t a viable option, given crypto’s prioritization by regulators and the fact that most institutions have crypto exposure – known or not.
Confronting financial crime in cryptocurrencies is now a critical part of an institution’s policies and procedures. Join this webinar for practical recommendations on detecting and preventing financial crime tied to crypto, whether you are in a traditional financial institution, a non-bank financial institution, law enforcement, or other organization.
Our speaker will explore different crypto business models, suspicious use of crypto, and the fundamentals of crypto investigation, with a heavy emphasis on the connections between the crypto world and the traditional financial system.
Join this webinar to learn:
- How common cryptocurrency businesses manifest in BSA/AML investigations
- Ways in which suspicious use of cryptocurrency can be identified
- How risk with these businesses and customers/members may differ from traditional counterparts
- How investigations may need to be modified for crypto situations
This live session is eligible for 1.25 CAFP, CERP, CRCM credits, and 1 CFCS credit.