can I ask again what a MLR is & how I can look at one?


Thanks! I'm just curious ...

From the OCC memo --
The OCC’s 2009 Money Laundering Risk (MLR) data collection process is about to begin. The MLR is designed to assist the OCC’s Bank Secrecy Act/Anti-Money Laundering (BSA/AML) supervision of national banks by identifying higher risk bank products, services and geographies. The MLR data is factored into the strategy development plan for individual institutions and is used to determine BSA/AML resource allocation and examiner expertise needs. MLR data is also a tool for examiners’ use in the Scoping & Planning stage of BSA/AML examinations and in selecting areas in which to perform transactional testing.

Send me your email in a PM and I will send you a blank MLR.

the MLR is the Money-Laundering Risk system that OCC banks have to report every year to their examiners.

Straying off the subject a bit, our Compliance Officer said there is a summary report published each July with the results of the MLR. Where is this found?

The OCC sends it to the contact person at each institution. It is not published publically like the SAR review (for example). At least, not to my knowledge.

It is emailed to the primary and secondary contact emails that you included when the form was filed.

Thank you. This was brought up at our Audit/Compliance meeting last Friday. Our Compliance Officer is out this week, and one of our Board members asked to see it.