Five Essential Steps to an Examination-Ready BSA Risk Assessment

Scrutiny of Bank Secrecy Act compliance at financial institutions everywhere is surging. Fines and enforcement orders are all over the headlines. Regulators, as well as board members, want to know that banks and credit unions have taken a good look at what their exposure is, and have a solid plan in place to address those risks. What are the elements of a solid BSA Risk Assessment? [3/8/16]