Anti-Money Laundering Exam Manual Revised Guidelines Identifies High-Risk Areas for Examiners. This year’s guidance includes points for examiners to follow when examining an institution’s MSBs. MSBs can include check cashing stores, Western Union-type money transfer companies or other types of funds transfer businesses. The revised AML/BAS exam manual lays out that banks are not meant to be “de facto” regulators, American Bankers Association’s Sepidah Behram says.”]
Source: https://www.bankinfosecurity.com/anti-money-laundering-exam-manual-revised-a-622