Leading Financial Crime Detection & Prevention Association Signs Major Clients to its Newest Offering

ACAMS Enterprise Provides Comprehensive Information, Training and Membership Institution-Wide

MIAMI, Sept. 20, 2012 /PRNewswire-USNewswire/ -- The Association of Certified Anti-Money Laundering Specialists (ACAMS) announced today that it enrolled its first few clients (including two of the largest banks in the U.S. as well as a top money transmitter) in its groundbreaking program – ACAMS Enterprise – and is in discussions with dozens of other institutions from the private and public sectors about the new program. ACAMS Enterprise provides institutions a company-wide membership with an unlimited number of personnel full access to acams.org and all member benefits; moneylaundering.com, its online compliance information resource; and to its online training library of more than 250 highly acclaimed web seminars.

"Our financial crime prevention colleagues around the world, in both the private and public sectors, tell us they need a comprehensive offering like this one," said ACAMS CEO Ted Weissberg. "They need to extend ACAMS training and information more broadly within their organizations so new practitioners, as well as departments with recently added financial crime prevention roles, can benefit from ACAMS resources."

The Enterprise offering was created to help banks, other financial institutions and government organizations establish a more holistic approach to AML and financial crime prevention training and education; and in the wake of the July 17 US Senate Permanent Subcommittee on Investigations addressing the HSBC case, banks will undoubtedly be looking for just that.

"We believe that the report and hearing will have a substantial impact on examinations, AML training expectations and even potential new compliance obligations," said ACAMS executive vice president John Byrne, Esq., CAMS. "ACAMS Enterprise is a cost-effective way to help fortify AML controls and vigilance throughout an organization."

SOURCE Association of Certified Anti-Money Laundering Specialists