Joint Agency Statement Emphasizes Risk-Based Approach to BSA/AML Exams
As part of an ongoing effort to enhance the efficiency and effectiveness of the Bank Secrecy Act/anti-money laundering regime, the ...
Tag: Examinations
GAO Finds Inconsistencies in Agencies’ Communication, Use of Supervisory Data
A recent review by the Government Accountability Office found notable variations in how federal banking regulators communicate their supervisory concerns ...
GAO Recommends Beefing Up FTC, CFPB Enforcement of Nonbank Data Privacy
To mitigate the risk of data breaches like the Equifax breach in 2017, the Federal Trade Commission should have civil ...
Agencies Issue Policy Statement on Examination Reports
As part of its ongoing exam modernization initiative, the Federal Financial Institutions Examination Council today issued a policy statement aimed ...
