In 2015, an acquisition focused organization acquired an FI with operations in six countries, several of which rank among the fastest growing countries by GDP in the world. The investors needed to assess their new acquisition for compliance with American legislative obligations.
To expedite the assessment process and rapidly deliver an evaluation of the FI’s AML process capabilities and the extent to which they were culturally embedded, the Mizen Suite of diagnostic tools was utilized:
With full cooperation by the FI, Mizen:
Confirmed this disparity with the accumulated data and identified a number of key findings that influenced subsequent work on the remediation program and training activities
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