Case Study

Enterprise-wide AML/BSA risk assessment for a large regional bank under a formal action by its federal regulator

AML RightSource created an enterprise-wide AML/BSA risk assessment (“EWRA”) for a large regional bank that was under a formal action by its federal regulator. AML RightSource provided a qualitative and quantitative review of the banks’ customers, products, services, geographies, and other known risk indicators. The EWRA AML RightSource provided serves as the banks’ AML/BSA programmatic guidepost for transaction monitoring, customer due diligence, watch list filtering, and staffing for the foreseeable future.