Independent Review for Banks - The Complete BSA/AML Audit Workbook

Front Cover
Lulu.com, Jul 17, 2008 - Business & Economics - 380 pages
Using the FFIEC Examination Manual to conduct an independent review is like using the owner's manual of a car to judge a driver's abilities. Wrong tool for the job! The Complete Audit Workbook ensures that audit professionals and BSA officers have the right tool to conduct the PATRIOT Act (Section 352) required independent review. The Workbook breaks down BSA/AML regulatory requirements into component parts that enable an auditor to judge whether all the i's and t's of a BSA compliance program are dotted and crossed. Guidance for each major category of questions (over 50 in all!) is included. Audit traps, --items seen only in confidential exit interviews-- are also included. The audience for this book is both BSA auditors and compliance officers. The latter can utilize the Workbook to design a comprehensive, sustainable AML program. The former can use this Workbook to check their firm's BSA program status and carry out their duty to keep senior management informed.
 

What people are saying - Write a review

We haven't found any reviews in the usual places.

Contents

INTRODUCTION
1
CDD EDD
14
CORRESPONDENT ACCOUNTS DOMESTIC
30
CURRENCY FLOWS REPORTING LARGE CASH
57
DEPOSIT AND NONDEPOSIT ACCOUNT TYPES
76
EDUCATIONTRAININGAWARENESS
90
ELECTRONIC 3RDPARTY PAYMENT PROCESSOR SERVICES
107
FUNDSWIRE TRANSFER BENEFICIARY BANKS
122
INTERNATIONAL TRANSPORTATION OF CURRENCY
179
KNOW YOUR EMPLOYEE
204
NGOS AND CHARITIES
218
PARALLEL BANKING
235
SENIOR FOREIGN POLITICAL FIGURES
250
PROFESSIONAL SERVICE PROVIDERS
275
REPORT FILING
299
SPECIAL MEASURES
319

INFORMATION SHARING
135
INTERNAL CONTROLS
155
SYSTEMS AND IT SUPPORT
347
TRUST AND ASSET MANAGEMENT SERVICES
363

Common terms and phrases

Bibliographic information