Deceptive Due Diligence: Identifying Risk in Commercial Lending

Featured Speakers :
WHEN : 08/27/2020 1:00 pm 2:00 pm ET

Complimentary webinar, courtesy of Thomson Reuters and ACFCS

Crime and money laundering risks continue to evolve at a rapid pace in the commercial lending space. The financial sector is at an interesting crossroads.

The need to expand business is as much a driver for economic success as ever, while marketplace risk typologies appear to have increased exponentially. Conversely, regulatory expectations for financial institutions have become more complex and simultaneously more ambiguous as new guidance is issued for emerging risks.

Commercial lending has now been moved forward into the spotlight as one of the convergence points of credit, reputational, and financial crime risk.

In this webinar you will learn about:

  • Commercial lending and how criminals use the loan process to launder illegal funds/commit fraud
  • The role of credit analysts and loan officers as frontline surveillance safeguards against criminal activity as well as the use of software technology;
  • How financial institutions can minimize risk by spotting red flags and avoiding common pitfalls in the loan process; and
  • How COVID-19 has impacted commercial lending and the PPP loan process.

This session is eligible for 1 CFCS credits.

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