The Basics of Case Clearing

Overview Many Financial Institutions have installed market-tested BSA/AML Transaction Monitoring Systems to fulfill the requirement to seek out and report on patterns of suspected money laundering and terrorist financing.  At the heart of the monitoring activity lies the process of clearing alerts and cases that the monitoring software flags as suspicious, based on the parameters […]

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About William Schlameuss

William Schlameuss has over 20 years’ experience in regulatory compliance, including BSA/AML/OFAC. He has worked with a wide range of US branches of major foreign banking organizations from all continents, both as chief compliance officer and compliance consultant. He has a prior background in IT as manager and implementer of core banking and payment systems, as well as compliance-related systems.Follow William on LinkedIn: