Rethinking AML: Cost, Effectiveness & What Needs to Change

Why AML Still Fails to Deliver — Practical Insights from a Global Investigator

AML obligations have expanded dramatically over time — yet criminal networks continue to move money with surprising ease. Frameworks originally designed to tackle clear, cash-based crime now carry far broader expectations, often without delivering proportional results. In this live, discussion-style session, we’ll examine why AML systems so often fall short and what more effective approaches could look like in practice.

Our guest is L. Burke Files, an international financial investigator, due-diligence expert, and author with experience spanning fraud and financial crime work across more than 100 countries. The conversation will focus on where AML lost focus, how that impacts compliance teams and legitimate businesses, and how the system might be refocused on outcomes.

We’ll explore:

• Why AML drifted far beyond its original mission
• How expanding obligations affect financial institutions and compliance teams
• The gap between data collection and actionable intelligence
• Where technology helps — and where it adds friction
• Practical ideas for improving AML effectiveness

Who should attend:

AML officers, MLROs, COs, compliance and risk leaders, regulators, and financial professionals. Free educational session — part of SILO’s ongoing AML Practitioner Series.