K2 Integrity, the preeminent risk, compliance, investigations, and monitoring firm, announced its intent to partner with the American Bankers Association (ABA). The announcement was made virtually at the 32nd annual ABA/ABA Financial Crimes Enforcement Conference.
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Through this partnership, ABA member banks will gain access to K2 Integrity’s current suite of anti-money laundering (AML), countering the financing of terrorism (CFT), sanctions, anti-bribery and corruption (ABC), and fraud resources available on K2 Integrity’s e-learning platform—the Dedicated Online Financial Integrity Network (DOLFIN). ABA and K2 Integrity have agreed to collaborate on new courses and content through 2021 and beyond to help financial crimes compliance professionals develop the knowledge, technical skills, and judgment to assess and respond to evolving financial crimes risks.
“K2 Integrity, through our partnership with the ABA, will bring unparalleled financial crimes compliance and financial crimes risk management training, subject-matter expertise, and resources to assist U.S. financial institutions in meeting the growing demands of protecting the integrity of the U.S. financial system,” said Chip Poncy, Partner and Global Co-Head, Financial Crimes Risk Management, at K2 Integrity.
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“At K2 Integrity, we believe protecting the integrity of the U.S. financial system from the full spectrum of illicit finance is a pillar of our national security and an enduring responsibility of U.S. financial institutions. This partnership will help the U.S. market meet these challenges in a sustainable and cost-effective way,” Mr. Poncy concluded.
K2 Integrity’s DOLFIN platform offers training, testing, certification, and continuing education, as well as question-and-answer sessions with industry experts. The DOLFIN platform and its content were developed and are continuously maintained by financial crimes risk and compliance professionals, including experts who spearheaded the post-9/11 counter-illicit finance regime adopted in the United States and across the globe.
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