"Reviewing Vendor and Third Party Outsourcing for Better Management, Understanding and Regulatory Compliance"
The 2016 Edition of the Third Party Risk Management for Banks will be hosted at the Hyatt Chicago on the Magnificent Mile, June 7-8. While the conference promises to be an interesting and beneficial event, we at MyComplianceOffice have compiled a list of 8 must do things during your time in the Windy City.
MyComplianceOffice is proud to be a first-time exhibitor the 2016 3rd Party Risk Management for Banks conference in Chicago this June 6 through 8.
The Financial Industry Regulatory Authority (FINRA) has fined Florida-based Raymond James & Associates, Inc. (RJA) $8 million and Raymond James Financial Services, Inc. (RJFS) $9 million for failures in anti-money laundering (AML) compliance. According to the regulator, the fines are a result of an investigation which revealed that for several years, RJA and RJFS were unable to deliver a sufficiently robust AML compliance program.
From fully automated personal trading supervision to advertising review, many of the day-to-day tasks of today’s compliance officers are wrapped up in the use of technology. As such, the relationship between compliance officers and technology has shifted.
