Introductory BSA/AML Examiner School, Atlanta, CA

Customer Due Diligence

Exam Procedures

2. Determine whether policies, procedures, and processes allow for changes to a customer’s risk rating or profile. Determine who is responsible for reviewing and approving such changes.

Customer Due Diligence

Exam Procedures

3. Review enhanced due diligence procedures and processes the bank uses to identify customers that may pose higher risk for money laundering or terrorist financing.