Financial Examiner how-to
How to Test a Bank’s Anti-Money Laundering Program
AML protects the financial system.
Quick answer
AML protects the financial system. In short: review; test; sample, then complete the remaining steps below.
Step by step
Review the risk assessment.
Test customer due diligence.
Sample alerts.
Review suspicious activity reports.
Check training.
Write findings.
Safety reminders for financial examiners
- Protect confidential supervisory information
- Avoid conflicts of interest
- Follow travel safety
- Report wrongdoing
Key terms
CAMELS · Capital adequacy · Asset quality · Call report · BSA · AML: see the full financial examiner glossary.