risk assessment

5 Sep 2017

BSA Risk Assessment: Documenting BSA/AML Risks to Comply with Regulatory Expectations

by William Schlameuss |

A Brief Summary Oddly, despite its significance in the BSA/AML/CFT/OFAC Compliance universe, the BSA Risk Assessment has no statutory requirement even though it is the foundation of any Compliance Program. As compliance professionals, we construct our transaction monitoring systems, OFAC … Read More

compliance, risk assessment
7 Jun 2016

BSA Update from the Regulators

by Rochelle Castagna, M.B.A. |

On a recent conference call, a number of regulatory bodies were represented, primarily from the northeastern area of the United States; such as the Federal Reserve of Philadelphia, Federal Reserve of New York, New Jersey Department of Banking, FDIC and … Read More

BSA, regulators, risk assessment, Transaction Monitoring