AML/CFT & OFAC Overall Risk Assessment

Updated 07/24/2025

  1. Tool Name: AML/CFT & OFAC Overall Risk Assessment
  2. Tool Description: This risk assessment will enable the bank to assess its inherent risk and residual risk related to BSA/AML/OFAC regulatory requirements. All updates are highlighted within the Risk Assessment.
  3. Rule or Guidance: FFIEC BSA/AML Manual
  4. C/A Toolkit: BSA/AML/OFAC Toolkit
  5. Keywords: Anti-Money Laundering, Countering the Financing of Terrorism (AML/CFT), Bank Secrecy Act, BSA, Office of Foreign Assets Control, OFAC, Internal Controls, Audit, Risk Management, Money Laundering, Terrorist Financing.

 

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