Welcome to the newest addition to the Compliance Podcast Network, Compliance and Coronavirus. In this episode, I am joined by Sepideh Rowland, Vice President at K2 Intelligence FIN and head of managed services. She has over 20 years of regulatory compliance experience, including leadership positions at money services businesses, large financial institutions, and community banks. She is also Co-Chair of the U.S. Capital Chapter Advisory Board for ACAMS; as Co-Chair of the Advisory Board for the ABA/ABA Financial Crimes Enforcement Conference; and as an Advisory Board Member (former Chair) for the American Bankers Association Certified AML and Fraud Professional certification program.
In this episode, we consider the impact of the Payroll Protection Program on a bank’s Financial Crime Compliance Program; how has COVID-19 and PPP has impacted money laundering and fraud typologies; and conclude with how should banks think about their staffing models and resources.