bsaaml.ffiec.govFFIEC BSA/AML

contains topical materials that supplement manual content and are for informational purposes Glossary Definitions of terms found in or relating to BSA/AML manual concepts × Table of Contents Introduction Introduction Close × Table of Contents Scoping and Planning Scoping and Planning Introduction Risk - Focused BSA/AML Supervision Examination Procedures Developing the BSA/AML Examination Plan Examination Procedures Close × Table of Contents BSA/AML Risk Assessment BSA/AML Risk Assessment Examination Procedures Close × Table of Contents Assessing the BSA/AML Compliance Program Assessing the BSA/AML Compliance Program Examination Procedures BSA/AML Internal Controls Examination Procedures BSA/AML Independent Testing Examination Procedures BSA Compliance Officer Examination Procedures BSA/AML Training Examination Procedures Close × Table of Contents Developing Conclusions and Finalizing the Exam Developing Conclusions and Finalizing the Exam Examination Procedures Close × Table of Contents Assessing Compliance with BSA Regulatory Requirements Introduction Customer Identification Program Examination Procedures Customer Due Diligence Examination Procedures Beneficial Ownership Requirements for Legal Entity Customers Examination Procedures Suspicious Activity Reporting Examination Procedures Currency Transaction Reporting Examination Procedures Transactions of Exempt Persons Examination Procedures Special Information Sharing Procedures Examination Procedures Purchase and Sale of Certain Monetary Instruments Recordkeeping Examination Procedures Funds Transfers Recordkeeping Examination Procedures Due Diligence Programs for Correspondent Accounts for Foreign Financial Institutions Examination Procedures Due Diligence Programs for Private Banking Accounts Examination Procedures Prohibition on Correspondent Accounts for Foreign Shell Banks; Records of Owners and Agents Examination Procedures Summons or Subpoena of Foreign Bank Records Examination Procedures Reporting Obligations on Foreign Bank Relationships with Iranian-Linked Financial Institutions Examination Procedures Special Measures Examination Procedures Reports of Foreign Financial Accounts Examination Procedures International Transportation of Currency or Monetary Instruments Reporting Examination Procedures Close × Table of Contents Office of Foreign Assets Control Office of Foreign Assets Control Examination Procedures Close × Table of Contents Program Structures BSA/AML Compliance Program Structures Examination Procedures Foreign Branches and Offices of U.S. Banks Examination Procedures Parallel Banking Examination Procedures Close × Table of Contents Risks Associated with Money Laundering and Terrorist Financing Introduction – Customers Correspondent Accounts (Domestic) Examination Procedures Bulk Shipments of Currency Examination Procedures U.S. Dollar Drafts Examination Procedures Payable Through Accounts Examination Procedures Pouch Activities Examination Procedures Electronic Banking Examination Procedures Funds Transfers Examination Procedures Automated Clearing House Transactions Examination Procedures Prepaid Access Examination Procedures Third-Party Payment Processors Examination Procedures Brokered Deposits Examination Procedures Independent Automated Teller Machine Owners or Operators Examination Procedures Nondeposit Investment Products Examination Procedures Insurance Examination Procedures Concentration Accounts Examination Procedures Lending Activities Examination Procedures Trade Finance Activites Examination Procedures Trust and Asset Management Services Examination Procedures Nonresident Aliens and Foreign Individuals Examination Procedures Politically Exposed Persons Examination Procedures Embassy, Foreign Consulate, and Foreign Mission Accounts Examination Procedures Non-Bank Financial Institutions Examination Procedures Professional Service Providers Examination Procedures Charities and Nonprofit Organizations Examination Procedures Business Entities (Domestic and Foreign) Examination Procedures Cash-Intensive Businesses Examination Procedures Close × Table of Contents Appendices Appendix 1 – Beneficial Ownership Appendix A – BSA Laws and Regulations Appendix B – BSA/AML Directives Appendix C – BSA/AML References Appendix D – Statutory Definition of Financial Institution Appendix E – International Organizations Appendix F – Money Laundering and Terrorist Financing Red Flags Appendix G – Structuring Appendix H – Request Letter Items (Core and Expanded) Appendix I – Risk Assessment Link to the BSA/AML Compliance Program Appendix J – Quantity of Risk Matrix Appendix K – Customer Risk Versus Due Diligence and Suspicious Activity Monitoring Appendix L – SAR Quality Guidance Appendix M – Quantity of Risk Matrix – OFAC Procedures Appendix N – Private Banking – Common Structure Appendix O – Examiner Tools for Transaction Testing Appendix P – BSA Record Retention Requirements Appendix Q – Abbreviations Appendix R – Enforcement Guidance Appendix S – Key Suspicious Activity Monitoring Components Appendix T – BSA E-Filing System Close BSA/AML InfoBase Manual Quickly access all the sections of the BSA/AML Manual INTRODUCTION An introduction to the Examination Manual and related concepts. SCOPING AND PLANNING Guidance to examiners on risk-focused supervision and developing the examination plan. BSA/AML RISK ASSESSMENT Guidance to examiners on reviewing the bank's BSA/AML risk assessment process. ASSESSING THE BSA/AML COMPLIANCE PROGRAM Guidance to examiners on assessing the bank’s BSA/AML compliance program. DEVELOPING CONCLUSIONS AND FINALIZING THE EXAM Guidance to examiners on...