A review of the Risk Assessment helps the Board demonstrate they have knowledge of the risks faced

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A review of the Risk Assessment helps the Board demonstrate they have knowledge of the risks faced by the institution, which supports them in their obligation to set the institution's risk appetite and develop an effective BSA compliance program.In your opinion, should the Board "approve" the Risk Assessment? Why, or why not?

Posted Date: Jun 13, 2024 05:17 AM

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A review of the Risk Assessment helps the Board demonstrate they have knowledge of the risks faced

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