All financial institutions have some level of risk to money laundering, terrorist financing, or financial fraud. The cornerstone of any good anti-money laundering (AML) compliance program is an assessment of these risks in order to develop strategies to manage and mitigate them. The principle of the risk-based approach is that resources are directed congruently with priorities so that the greatest risks receive the highest attention.

Deploying an extensive team of experienced consultants, Chartwell Compliance can either create a new BSA/AML or Office of Foreign Assets Control (OFAC) risk assessment or assess the effectiveness of an existing BSA/AML or OFAC risk assessment

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