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Hedge Fund Rules, Whistleblower Program Will Mean Changes in AML Training: Former OCC Examiner
printThough the economy is showing signs of improvement, many compliance departments are still questioning how they can maximize their compliance programs under a tight budget, says Terisa Heiman, a senior compliance consultant at the Springfield, MO-based Superior Consulting LLC. The budget issues have been exacerbated by the fact that lawmakers and the U.S. Treasury Department have ramped up their oversight of financial institutions, making it difficult for compliance departments to keep up with training, says Heiman, a former associate national bank examiner with the department's Office of the Comptroller of the Currency (OCC). Heiman spoke with reporter Larissa Bernardes about...
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