WorldCompliance Publishes Pocket Handbook for Mitigating Organizational Risk and Damage

MIAMI, Feb. 17, 2012 /PRNewswire/ -- Every year, thousands of companies in the U.S. and abroad face prosecution for violating financial security regulations. When found guilty, they usually are required to pay hefty fines that adversely impact their financial status and suffer serious harm to their reputation. As the number of legal guidelines continues to increase, compliance officers find themselves forced to deal with higher risk and need to assume greater responsibility for keeping their companies in conformity with all applicable laws. To assist them in navigating the increasingly hazardous global regulatory minefield, WorldCompliance—in conjunction with BSA Radar—has developed The U.S. Banking Compliance Pocket Handbook, a concise introduction and quick reference guide to the critical factors of the world of banking compliance.

"Every company faces the challenge of having to deal with a number of guidelines that are often complex, difficult to understand, and time-consuming to internalize," notes WorldCompliance CEO Dirk Mohrmann. "That's why, working in tandem with BSA Radar, we created a concise, easy-to-understand reference guide designed to help companies more effectively manage their compliance risk and prevent severe damage to their reputations." In concluding, Mohrmann says that WorldCompliance's U.S. Banking Compliance Pocket Handbook "serves as a guide for scrutinizing an organization's current compliance activities, as well as a convenient tool for more easily understanding a variety of existing regulations, determining possible risks, and gathering deeper insights into the challenges compliance presents."

To request your free copy of the U.S. Banking Compliance Pocket Handbook go to:
www.compliancehandbooks.com

About WorldCompliance
WorldCompliance's expertise enables its customers to identify high-risk individuals and organizations among their suppliers, vendors, and clients. The company's services help organizations combat criminal activities such as money laundering, fraud, and terrorist financing, among others. WorldCompliance provides its customers with the tools they need to comply with a multitude of worldwide legislations, ranging from the USA Patriot Act to the Third EU Money Laundering Directive, the Foreign Corrupt Practices Act (FCPA), and the UK Bribery Act.

SOURCE WorldCompliance