Non-Profit Risk Mitigation Form?

Posted By: Princess of Power

Non-Profit Risk Mitigation Form? - 02/10/11 07:50 PM

Does anyone have a risk mitigation form that they use (and are willing to share) in conjunction with opening depository accounts for non-profits that would encompass the bullet points outlined in the FFIEC BSA/AML Exam Manual 9pg 320-321) that our new accounts & relationship managers could use when opening such accounts.
Posted By: WonderWoman

Re: Non-Profit Risk Mitigation Form? - 02/10/11 08:26 PM

We consider our NGO base low-risk and follow our normal risk assessment procedures.

Depending on their final risk rating (based on products/services/etc) - depends on any EDD conducted.

I'll shoot you a PM