Skip to content
BOL Conferences
Thread Options
#1934893 - 06/23/14 07:52 PM AML Risk Assessment
AquaMarine Offline
100 Club
Joined: Jun 2011
Posts: 156
New York, NY
I recently took a role as the bank's BSA Officer. I'm new to this role and currently in the process of learning as I go. In terms of AMLRA, is there a specific format/template the regulator and/or the IA prefers? I've never done this before and would like some insight from an external standpoint. Would be grateful if you're willing to share a sample of the assessment.

Thanks!

Return to Top
BSA/AML/CIP/OFAC Forum
#1934932 - 06/23/14 09:20 PM Re: AML Risk Assessment AquaMarine
ACBbank Offline
Power Poster
ACBbank
Joined: Jul 2006
Posts: 4,344
New York City
If you look at Appendix J of the FFIEC BSA/AML Exam Manual, you can get a very basic RA template. I would not recommend using it for your formal RA, unless your FI is clearly a Low Risk shop. That said, it's a strong starting point.
_________________________
"100 victories in 100 battles isnt the most skillful. Subduing the other's military w/o battle is the most skillful." Sun-Tzu

Return to Top

Moderator:  Andy_Z