This manual provides guidance to examiners for carrying out Bank Secrecy Act/ Anti- Money Laundering and Office of Foreign Assets Control (OFAC) examinations. An effective Bank Secrecy Act/Anti-Money Laundering compliance program requires sound rish management. This manual also provides guidance on identifying and controlling risks associated with money laundering and terrorist financing.qTrade finance typically involves short-term financing to facilitate the import and export of goods. These operations can involve payment if documentary requirements are met (e.g., letter of credit), or may instead involve payment if the original obligor ... complying presentation, by advancing or agreeing to advance funds to the beneficiary on or before FFIEC BSA-AML Examination Manual 267 - - 2/27/2015.
|Title||:||Bank Secrecy ACT/Anti- Money Laundering Examination Manual|
|Author||:||Federal Financial Institutions Examinati, Federal Financial Institutions Examination Council (U S )|
|Publisher||:||Government Printing Office - 2015-05-20|