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

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Category BSA, Bank Secrecy Act, BSA best practices, AML, anti-money laundering, AML best practices, AML vendor due diligence, AML training, BSA/AML Risk Assessments, Risk Assessments, BSA AML risk assessment, BSA AML OFAC risk assessment, AML risk assessment report, bank compliance risk assessment, AML risk assessment AML, bank compliance risk assessment, compliance risk assessment, AML compliance, BSA risk assessment methodology, BSA AML compliance, bank regulatory compliance, enhanced due diligence for high risk customers, AML risk assessment report, principles of risk assessment, risk assessment and risk management, compliance risk assessment for banks

Deadline: December 06, 2017 | Date: December 07, 2017

Venue/Country: Online, U.S.A

Updated: 2017-11-14 21:56:15 (GMT+9)

Call For Papers - CFP

There has been an increase in regulatory scrutiny over how financial institutions document their BSA/AML risk controls in the risk assessment. Even though financial institutions have been documenting risk assessments over a long period of time, the expectations have moved from a generalist approach to a more meaningful and specific approach that truly outlines the specifics of the BSA/AML program. Regulators look to the bank to provide strong evidence that the risk assessment represents the BSA/AML program including customers, products & services, and geography. BSA/AML Risk Assessments that describe in depth the inherent risk, mitigating factors and residual risk are essential in a bank's strategic development and Board of Director's governance.

Objectives of the Presentation:

What is a customer?

What are products & services?

What is included in geography?

Distinguishing between those three

Secondary Risk Factors

Inherent Risk - Mitigation = Residual Risk

Calculation Methods

For Registration:

Note: Use Promo Code HYED6Z and get 10% off on registration (Valid till DECEMBER 31st 2017)

Keywords: Accepted papers list. Acceptance Rate. EI Compendex. Engineering Index. ISTP index. ISI index. Impact Factor.
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