ESPAƑOL
Call Us
Ask The Experts – What is a Risk Assessment and Do I Need One?

Ask The Experts – What is a Risk Assessment and Do I Need One?

Posted on: July 13th, 2021 by Julie

A risk assessment is a document or matrix that will identify your risk exposure. Risk exposure should include factors such as: Customer Base Products Offered Regulatory Requirements Operational Risk Geographic Location – including High Intensity Financial Crime Areas (HIFCA) and High Drug Trafficking Areas (HIDTA) A BSA/AML/OFAC compliance program must be commensurate with risk and […]

Read More
Breaking Down the BSA/AML Risk Assessment

Breaking Down the BSA/AML Risk Assessment

Posted on: January 30th, 2018 by Julie

Recently, our CAMS consultants have notice an up-rise in examiners requesting BSA/AML Risk Assessment Reviews from our customers. Although a risk assessment is nothing new, the rules and regulations are, and a risk assessment allows a financial institution to establish a more comprehensive Anti-Money Laundering (AML) Compliance Program. WHAT IS A BSA/AML RISK ASSESSMENT? By […]

Read More

You Might Also
Be Interested In...

INFiN ACAMS MSBA FSCNY CAMS CFSP Cross Tech powered by IMTC
Back to Top