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.
