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New Version of Bank Secrecy Act/Anti-money Laundering Examination Manual Released

New Version of Bank Secrecy Act/Anti-money Laundering Examination Manual released. Federal Financial Institutions Examination Council issues revised version of the manual. U.S. Treasury Secretary Henry Paulson recently announced initiative to ensure compliance obligations are treated in a manner that helps avoid expenditures that are not commensurate with actual risk. The revised manual is located on the FFIEC BSA/AML InfoBase at: 2007 Version BSA-AML Examination Manual. The 2007 version further clarifies supervisory expectations since July 28, 2006 update.”]

Source: https://www.cuinfosecurity.com/new-version-bank-secrecy-actanti-money-laundering-examination-manual-released-a-547

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