There is 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 services, geography, and customer types. Meaningful risk assessments are essential in a bank’s ability to defend its BSA program.
Who Should Attend
BSA Officers and Staff, Compliance Officers, Internal Auditors, Risk Management, Senior Mangement, Executive Management, Enterprise Risk Management
If you are having issues with registering online, please contact CBAO's Education & Training Coordinator, Lianne Simeone, (614) 610-1877.