Daniel P. Stipano quoted in ACAMS article, “With new handbook, US regulators expect deeper AML risk assessments”
ACAMSDaniel P. Stipano
Daniel P. Stipano was quoted on May 1, 2020 in an ACAMS article, “With new handbook, US regulators expect deeper AML risk assessments,” which discussed the new FFIEC anti-money laundering exams handbook and how the risk assessments will play a bigger role than in the past.
Stipano noted, “What they are basically saying is the type of exam that you get is going to build off that risk assessment and your audit. It’s putting the risk assessment and audit in a very important place in terms of the type of exam you’re going to get.”
Click here to read the full article. Subscription required.