What does risk-based CDD mean for your BSA program?
Abrigo
AUGUST 19, 2022
Joint s tatement emphasizes understanding a customer’s risk profile for BSA/AML An individualized, risk-based CDD approach is best when it comes to creating your BSA program protocols. You might also like this webinar, "Balancing compliance risk & reward with high-risk businesses." WATCH . Takeaway 1 Regulators recently reminded financial institutions to have risk-based customer due diligence ( CDD ).
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