Join Stephen Platt, a renowned leading authority in the field of financial crime prevention, for a comprehensive examination of the record fine imposed on TD Bank.
The record $3 billion fine imposed on TD Bank for significant anti-money laundering (AML) failures has sent shockwaves across the financial industry. This penalty, the largest ever imposed on a bank, is part of a broader regulatory crackdown on banks failing to meet AML standards.
In this podcast, Stephen Platt, CEO and Founder of KYC360 and original Founder of the International Compliance Association, is joined by Tom Devlin, CCO at KYC360, to provide unparalleled insights into the lessons learned from the TD Bank case, its broader implications for the financial industry and provide practical approaches for navigating the growing complexities of regulatory compliance and financial crime prevention.
This podcast will delve into several critical aspects, including:
- An analysis of the factors that contributed to the TD Bank fine.
- The repercussions and implications for the institution and its senior leadership.
- Takeaways for the broader industry to improve compliance and risk management.
- A discussion on how U.S. regulatory bodies can effectively engage with non-U.S. financial entities.
- Essential lessons learned from the TD Bank case.
Listen to the Podcast now.
Recorded: 25th November 2024