BSA/AML Examiner School - October 2023

Internal Use Only

FinCEN Priorities

1. Corruption 2. Cybercrime 3. Terrorist Financing 4. Fraud 5. Transnational Criminal Organization Activity 6. Drug Trafficking Organization Activity 7. Human Trafficking & Human Smuggling 8. Proliferation Financing

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Internal Use Only

AI & Machine Learning Technological advances in AML monitoring systems • AI, Machine Learning, other forms • BSA Officer responsibility • AML Software • Fintech Partner • Fintech Customer • Trends • Discussion with examiners

STATE OF CALIFORNIA Department of Financial Protection and Innovation GOVERNOR Gavin Newsom ꞏ COMMISSIONER Clothilde V. Hewlett

The information discussed today does not represent the direct views or opinions of DFPI, but rather the examiner’s interpretation and opinion.

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