Risk-based transaction monitoring: How banks align monitoring to risk

Transaction monitoring is a critical component of a strong BSA/AML program, and a risk-based approach can help financial institutions make the best use of valuable resources. anti-money laundering/countering the financing of terrorism (AML/CFT) teams manage many responsibilities, including currency transaction reports, enhanced due diligence reviews, board reporting, and suspicious activity The post Risk-based transaction monitoring: How banks align monitoring to risk appeared first on Abrigo .