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#1849859 - 09/09/13 02:26 PM BSA Risk Assessment
Kelsey D Offline
Platinum Poster
Joined: Aug 2006
Posts: 516
Has anyone defined the different ratings for the quantity of risk (high, moderate, low) and the quality of risk (strong, satisfactory, weak) in their BSA/AML risk assessment? If so, would you be willing to share your definitions? Thanks!
Don't make me say, "I told you so!" Sincerely, your friendly Compliance Officer.

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#1850334 - 09/10/13 01:21 PM Re: BSA Risk Assessment Kelsey D
joser Offline
Joined: Sep 2005
Posts: 68
Only added trending based on analysis or risk mitigants: examples
Low and Stable. High and decreasing. Moderate and increasing etc.

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#1850372 - 09/10/13 02:12 PM Re: BSA Risk Assessment Kelsey D
Xian Ngyuen Offline
100 Club
Joined: Aug 2013
Posts: 221
we used 'intrinsic' (pre-mitigation), and 'residual' (post-mitigation) to moderate High/Med/Low.

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