The Online link under “View” allows you to see the selected section online or by selecting PDF under “Download” you can print or save the selected section.
CUNA’s compliance staff have detailed the changes on CompBlog. Objective.
Assess the adequacy of the bank’s systems to manage the risks associated with senior foreign political figures, often referred to as "politically exposed persons" (PEP), and management’s ability to implement effective risk-based due diligence, monitoring, and reporting systems. The Federal Financial Institutions Examination Council (FFIEC) will host an interagency webinar on Friday, June 26, 2020 on the 2020 updates to the FFIEC’s BSA/AML Examination Manual. The FFIEC has made several updates to the BSA/AML Examiner’s Manual. BSA/AML Manual.
BSA/AML Examination Manual Section List and Download Options.
The BSA/AML InfoBase Home Page (this screen) provides users with access to everything in one place. To view specific sections of the manual, select within the left column. April 2020 Update . Politically Exposed Persons — Overview.
Board of Governors of the Federal Reserve System, Federal Deposit Insurance Corporation, National Credit Union Administration, Office of the Comptroller of the Currency, Consumer Financial Protection Bureau and State Liaison Committee . At the top of the screen, across the banner from left to right, users can get to the Infobase Home Page, the Online BSA/AML Manual, Examination Procedures, References, and the FFIEC Home Page. BSA/AML Manual; Risks Associated with Money Laundering and Terrorist Financing; Trade Finance Activites; Risks Associated with Money Laundering and Terrorist Financing. Objective. Trade Finance Activities—Overview . Bank Secrecy Act/ Anti-Money Laundering Examination Manual .
Federal Financial Institutions Examination Council .
They are unrelated to the coronavirus disease (COVID-19) pandemic, nor do they include any new requirements.