BSA Risk Assessment

Posted By: Kelsey D

BSA Risk Assessment - 09/09/13 02:26 PM

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!
Posted By: joser

Re: BSA Risk Assessment - 09/10/13 01:21 PM

Only added trending based on analysis or risk mitigants: examples
Low and Stable. High and decreasing. Moderate and increasing etc.
Posted By: Xian Ngyuen

Re: BSA Risk Assessment - 09/10/13 02:12 PM

we used 'intrinsic' (pre-mitigation), and 'residual' (post-mitigation) to moderate High/Med/Low.