Sarah Beth Felix

Join Sarah Beth Felix, President of Palmeiro Consulting and co-founder of Acceleron Bank, as she dives into the evolving challenges of Anti-Money Laundering. She sheds light on the BSA oversight hurdles anticipated for 2025 and the regulatory complexities surrounding cryptocurrency. Sarah discusses the implications of FINRA's enforcement actions and emphasizes the need for transparency and effective risk management in banking. With insights on anti-corruption measures, she points to a future where compliance is more critical than ever.

In this conversation with Sarah Beth Felix, an anti-money laundering expert and consultant, listeners dive into the intricate world of financial crime prevention. Sarah reveals how compliance staff are the unsung heroes on the front lines. They discuss the unique mindset needed for effective AML professionals, the pitfalls of traditional hiring practices, and the importance of clear communication in suspicious activity reports. Additionally, Sarah shares insights on leveraging technology to innovate AML practices, highlighting her mission to build a bank that sets high standards in compliance.