🔍 One Question of the Week: Is your BSA/AML program as strong as you think it is?
Not that anyone's counting, but 47 of the last 160 consent orders cite BSA concerns ... so it seems that there is a chronic issue with meeting all the requirements of the Bank Secrecy Act.
Many banks have solid documentation but still fail during exams — because the actual risk assessment is stale, surface-level, or disconnected from operations.
In this 70-second video, CEO Shawn Sweeney shares how to spot the warning signs that your BSA/AML framework may not hold up under regulatory pressure.