The Secret BSA/AML Weapons of Smaller Financial Institutions (Part 2)

What must your small financial institution do to determine whether its BSA/AML monitoring system is as sound as those applied by their far larger counterparts? In Part 1 of this two-part post, we discussed the first secret weapon vital to the smaller financial institution's BSA/AML monitoring systems: sufficiency. This week, we'll examine the second and final essential element. [9/29/15]