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#1836492 - 07/25/13 05:52 PM High Risk Customers as per FFIEC
Calmeida12 Offline
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Joined: Sep 2012
Posts: 249
Were the boat dealers, art dealers, auctioneers, etc removed from the latest FFIEC manual?

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#1836499 - 07/25/13 05:58 PM Re: High Risk Customers as per FFIEC Calmeida12
rlcarey Offline
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rlcarey
Joined: Jul 2001
Posts: 77,215
Galveston, TX
What manual, the BSA/AML exam manual? Those terms are in neither the latest version - 2010 or the 2007 version
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#1836503 - 07/25/13 06:03 PM Re: High Risk Customers as per FFIEC Calmeida12
Calmeida12 Offline
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Joined: Sep 2012
Posts: 249
Yes, I think. I'm almost positive that it was in the BSA/AML exam manual.

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#1836510 - 07/25/13 06:09 PM Re: High Risk Customers as per FFIEC Calmeida12
MagicCity Offline

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MagicCity
Joined: Apr 2003
Posts: 3,003
Fort Lauderdale, Florida
I think that you may be referring to the old OCC list...?

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#1836538 - 07/25/13 06:45 PM Re: High Risk Customers as per FFIEC Calmeida12
NotDoneYet Offline
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NotDoneYet
Joined: Jul 2010
Posts: 482
PA
Some of those you mentioned are on the list for ineligible businesses for exemption. (2010 p.92)

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#1836547 - 07/25/13 07:00 PM Re: High Risk Customers as per FFIEC Calmeida12
Dr.Ozya Offline
Member
Joined: Mar 2013
Posts: 84
Phila
Boat sales are still listed on Appendix D as financial institutions (requiring additional scrutiny), and auctioneers are ineligible businesses for Phase II.
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