By PAUL O’DONOGHUE, Senior Correspondent
J. EDWARD “Ned” Conway, head of the Wolfsberg Group, has identified transaction monitoring, fraud prevention, and risk assessment as key priorities for the organization.
The Wolfsberg Group, an association of 12 global banks, develops industry standards and guidance on anti-financial crime (AFC). Conway, who became the group’s Executive Secretary in November, said improving AFC measures remains a core focus.
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