In the News | Bank Director
The tough act of fighting financial crime
May 30, 2025 · Authored by
From cyberattacks and ransomware to sophisticated elder fraud schemes, banks are navigating a more complex threat landscape than ever.
Baker Tilly’s Ashley Farrell spoke with Bank Director about why strong Bank Secrecy Act/Anti-Money Laundering (BSA/AML) programs are essential and how the right people, tools and processes can help banks stay ahead.
Key priorities for boards and bank leaders:
- Regular suspicious activity reporting and threat updates
- Investment in skilled AML talent and advanced analytics
- Succession planning for BSA/AML leadership
Read the article
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