Enhanced Due Diligence - The Complete BSA/AML Desktop Reference (Hardcover) (ISBN-13: 9780615237893)

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.

Author: Howard Steiner, Stephen L. Marini
ISBN-10: 0615237894
ISBN-13: 9780615237893
Publisher: Impactaml-Inx3 Financial Press
Language: English
Published: 06/06/2008
Pages: 218
Format: Hardcover
Weight: 1.05lbs
Size: 9.00h x 6.00w x 0.63d