Get a chance to learn from Jim George the detection and prevention strategies for compliance failures.

1. Compliance Failures - Detection,
Prevention and Risk Mitigation
Strategies
www.onlinecompliancepanel.com | 510-857-5896 | customersupport@onlinecompliancepanel.com

2. Instructor Profile:
Jim George is an independent consultant to banks focusing
on issues of fraud. He has over 25 years’ experience as a
consultant to major banks in associate partner and principal
roles at PriceWaterhouse-Coopers Consulting, IBM
Consulting in Bank Risk and Compliance, and Andersen
Consulting (now Accenture). He has also been SVP
Operations for a Fortis-US division providing outsourcing
services to the banking industry.
His work includes projects in fraud investigation, fraud
prevention, identity issues, compliance, and AML (anti-
money laundering). Mr. George’s background also includes
work in bank operations and payments strategy,
reengineering, systems, and quality improvement.
www.onlinecompliancepanel.com | 510-857-5896 | customersupport@onlinecompliancepanel.com

3. Description:
This webinar will discuss compliance failures in banking and
how to detect and prevent them. The instructor will discuss
the impact of non-compliance on banks and financial
institutions, red flags and how to strengthen your internal
controls to mitigate risk. Specific examples that will be used
include AML, SOX and Licensing failures but the principles
apply to every area of compliance requirements.
www.onlinecompliancepanel.com | 510-857-5896 | customersupport@onlinecompliancepanel.com

4. Objectives of the Presentation:
Common AML compliance failures.
Extraordinary AML compliance failures (intentional at the executive level).
Widespread SOX failures (Sarbanes-Oxley Act) primarily control breakdowns
leading to reconciliation breakdowns and incorrect reporting.
A broad failure of licensing controls where the company providing insurance
products in the name of several major banks did not know which products were
licensed is which states.
For each case we will look at:
What was the cause of the compliance failure
How was a problem identified (red-flags, check list items, audit steps)
and communicated internally (escalation process)
What was done with regard to communication with regulatory
authorities
What did it take to investigate and address the failures
What internal controls and risk mitigation steps were taken to prevent
recurrence
www.onlinecompliancepanel.com | 510-857-5896 | customersupport@onlinecompliancepanel.com

5. Areas Covered:
The level of fines levied against banks resulting from failure to comply with
various regulations has soared, reaching into the billions of dollars in
individual instances. Every bank is responsible for compliance with a wide
variety of regulations. Compliance failures are risks to both their reputation
and their stockholders money. The Anti-Money Laundering, Sarbanes-Oxley
Law and other Licensing laws specifically requires that companies, including
banks, have accurate financial reports as well as sound controls as required to
assure the material accuracy of those reports.
This webinar will discuss common compliance failures, and:What causes
compliance failures
How can they be identified
How do they get fixed?
www.onlinecompliancepanel.com | 510-857-5896 | customersupport@onlinecompliancepanel.com

6. Who can Benefit:
Retail and commercial banking leaders
Mortgage leaders
Insurance leaders
Compliance professionals
Risk managers
Internal control professionals
Auditors
Operation managers
Department heads
Process supervisor
Track this Link:
Compliance Failures
www.onlinecompliancepanel.com | 510-857-5896 | customersupport@onlinecompliancepanel.com