Finally, there is a one-stop Enhanced Due Diligence reference source! This book clearly presents methods for risk assessing customers and developing policies, procedures and controls for implementing a sustainable AML enhanced due diligence compliance program. The book not only addresses risk models, risk categories and risk elements, but also provides detailed information regarding specific high risk customer types. "The Desktop Reference" contains sample EDD reviews and everything you need to develop and maintain your EDD program, train your staff, and reduce regulatory risk. This book also teaches how to risk assess different customer types, how to conduct customer on-boarding EDD, and how to conduct ongoing EDD reviews. Sample EDD reviews include those for: Cash Intensive Businesses, Charities and NGOs, Foreign Correspondent Banks, and Private Banking Customers. Also covered are: MSBs and NBFIs, Senior Foreign Political Figures, Non Resident Aliens, and generic high risk customer types.

Finally there is a reference source that brings together all the available anti-money laundering and Bank Secrecy Act guidance and best practices for conducting suspicious activity report (SAR) investigations. This book offers a trove of information that will make your SAR process more efficient while simultaneously reducing compliance risk. The authors detail how to conduct suspicious activity investigations in a step-by-step manner and provide all the information you'll need to understand and identify a full range of financial crimes and schemes.

The Bank Secrecy Act (BSA) requires that designated financial institutions implement and maintain anti-money laundering (AML) programs. Tribal casinos have been designated as financial institutions under the BSA since 1996, and the BSA regulations issued by the Treasury Department in 31 C.F.R. 103.64 prescribe the minimum standards for those programs. All tribal governments conducting or sponsoring gaming activities - whether for one night out of the year or throughout the year, whether in their primary place of operation or at remote sites - must be aware of the federal requirements associated with the Bank Secrecy Act. This workbook will allow the casino compliance officer to conduct and write a formal risk assessment that can serve as the basis for the casino's AML program.

Using the FFIEC Examination Manual to conduct an independent review is like using the owner's manual of a car to judge a driver's abilities. Wrong tool for the job! The Complete Audit Workbook ensures that audit professionals and BSA officers have the right tool to conduct the PATRIOT Act (Section 352) required independent review. The Workbook breaks down BSA/AML regulatory requirements into component parts that enable an auditor to judge whether all the i's and t's of a BSA compliance program are dotted and crossed. Guidance for each major category of questions (over 50 in all!) is included. Audit traps, --items seen only in confidential exit interviews-- are also included. The audience for this book is both BSA auditors and compliance officers. The latter can utilize the Workbook to design a comprehensive, sustainable AML program. The former can use this Workbook to check their firm's BSA program status and carry out their duty to keep senior management informed.