FIBA’s membership includes some of the largest financial institutions and most influential organizations in the world. Our members work on behalf of the international banking industry at the local, state, and federal levels to ensure informed policy development and decision-making. Whether it’s fostering meaningful connections between our members or helping to drive sensible well-advised public policy in the financial industry, we know that creating open, honest partnerships is what makes our organization thrive. Thus, to identify and address specific issues within each functional area of financial institutions, FIBA has developed 11 different committees that members can join. Our 11 committees are fundamental to FIBA’s successful relationship building, with one another, our community leaders, and our policymakers.
In this blog, we are highlighting the AML Compliance Committee, Chaired by Alex Fortich, SVP/BSA/AML Officer & CCD, US Century. Co-Chaired by Guillermo Horta, Chief AML Officer & Global Head, Scotiabank. With the assistance of Yamil Haidar, VP/Financial Intelligence Officer, U.S. Century Bank, and Pablo Gustavo Canton, Compliance/Bsa at Abanca USA.
The AML Compliance Committee’s mission is to advance and promote its members’ BSA and Compliance skills-set. The committee also facilitates discussion and support on current and developing industry anti-money laundering, compliance, and regulatory concerns, expectations, and practices.
Members benefit from building a strong professional network (domestically and internationally) that allows them to connect with other professionals in the same industry. Together, members collaborate and exchange ideas that help them make better decisions. The purpose is to concur in forming one voice to policymakers in hopes of better and more efficient rules and regulations.
Activities and Participation
Committee activities include furthering members’ knowledge by attending training, webinars, conferences, and completing professional certifications. Committee activities also include drafting position papers and comment letters, forming task forces to manage specific events, inviting guest speakers on a topic of interest, or recommending training programs for professional development.
The purpose of the AML committee is to identify and promote initiatives and opportunities for establishing, expanding, and strengthening collaborations or partnerships across multiple entities (academic, private sector, and government) in our profession and to acknowledge and recognize those outstanding collaborations that really make significant impacts in advancing research and influencing policy.
If you are interested in learning more about a committee or joining, please contact Tania Maysonet at firstname.lastname@example.org