Full implementation of the new E-13 Guideline is expected no later than six months from the effective date. Additionally, antimoney laundering and anti-terrorist financing are a heightening concern for the regulators. Accordingly, it is important that you assess whether your practices, including testing programs, meet regulatory expectations and to develop and refine your compliance action plan.

Industry leaders will provide guidance, especially:

• How the testing program could be integrated into an overall risk and control model for compliance
• Industry best practices