Money Laundering


MONEY LAUNDERING
The revised Bank Secrecy Act/Anti-Money Laundering (BSA/AML) Examination Manual is available at the Federal Financial Institutions Examination Council home page. The latest version updates guidance on risk-based policies, procedures and processes for banking organizations to comply with the BSA and safeguard operations from money laundering and terrorist financing.

The Federal Reserve Board, FDIC, National Credit Union Administration, Office of the Comptroller of the Currency, Office of Thrift Supervision, and the CSBS worked on the revisions with the Financial Crimes Enforcement Network, the federal agency responsible for administering the BSA.

The manual can be downloaded at www.ffiec.gov/bsa_aml_infobase/default.htm.

SPONSORED REPORT

2018 financial reporting survey: Challenges and trends

Learn the top reporting challenges that emerged in a survey of more than 800 finance, accounting, and compliance professionals across the world, and compare them with your organization's obstacles.

PODCAST

How the skill set for today’s CFO is changing

Scott Simmons, a search expert for large-company CFOs, gives advice for the next generation of finance leaders and more, including which universities are regularly producing future CEOs and CFOs.