BSA/AML: Auditing Your Program

When it comes to auditing your BSA/AML program, there are a couple of different types that come into play. A BSA/AML audit could simply be a periodic check-up to ensure your BSA/AML program is operating as it should. Or, it could be your independent BSA/AML audit which is required as a pillar of your BSA/AML program. Either can be conducted internally but you have to be careful who is doing the audit.

Kevin explains more in the video.

Ready to learn more? JOIN US for our webinar, “Auditing BSA/AML”. Featured topics include:

• Current Events and Updates to the BSA/AML Exam Manual
• BSA/AML & OFAC Risk Assessments
• Program Requirements (Controls, Testing, Training, Officer & CDD)
• Customer Identification Program (CIP)
• Customer Due Diligence (Including the Beneficial Owner Rule)
• Currency Transaction Reports & Exemptions
• Suspicious Activity Reporting Requirements
• OFAC, 314(a) and 314(b) Requirements

Published
2022/05/11