May 12, 2017.
The sections of the FFIEC BSA/AML Examination Manual that have been added or significantly modified from the previous edition are reflected by date. .
”11 The application of the risk-based approach starts, ideally, on the BSA/AML risk. The Federal Financial Institutions Examination Council (FFIEC) 1 recently issued examination procedures for the Financial Crimes Enforcement Network (FinCEN) rule, Customer Due Diligence Requirements for Financial Institutions, which was issued on May 11, 2016.