Performing BSA/AML/OFAC Risk Assessments: Components, Techniques and Best Practices
OVERVIEW This 60-minute webinar will summarize the importance of performing BSA/AML/OFAC risk assessments properly. It will discuss the various components needed in order to implement an effective risk assessment, as well as, what is needed to maintain an appropriate risk assessment on-going of BSA/AML/OFAC. It will provide insight to what regulators and examiners expect from financial institutions in their BSA/AML/OFAC risk assessments. WHY SHOULD YOU ATTEND Attend the webinar to learn the techniques of performing BSA/AML/OFAC risk assessments properly and know why it is so important for financial institutions. BSA/AML/OFAC Risk Assessments AREAS COVERED BSA/AML/OFAC risk assessment expectations Importance of working with all areas of financial institution for establishing appropriate risk ratings for BSA/AML/OFAC Areas to be covered by the risk assessment Risk rating guidelines and suggestions Monitoring of banking risk threshold and risk ratin...