AML & OFAC Data Validation: What Steps Must Compliance Take to Satisfy Regulatory Expectations?

Data Validation is a Compliance Responsibility Are you, as Compliance Officer, prepared to certify that the data feeds into your AML monitoring and OFAC filtering systems are working properly? Identifying all data sources, properly mapping data feeds and validating data flows into the AML and OFAC monitoring/filtering systems require the collaboration of Compliance, IT and […]
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About Harry Wagner

Prioritizing customer service, integrity and achievement, Harry leads teams on BSA and OFAC risk assessment, model validation and other projects and manages internal quality and standardization at ARC. With over 10 years of regulatory risk experience, Harry’s focus is on advising clients on BSA and OFAC matters, and on developing, implementing and testing governance and controls to manage regulatory risk.Follow Harry on LinkedIn: