Docy Child

AML Officer

Estimated reading: 1 minute 84 views
 

The designated person responsible for managing an entity’s AML Program and ensuring compliance with the AML Program and the BSA, and, often, training other employees on their obligations under the BSA. The AML Officer can be held personally liable for failure to comply with the obligations of the role. Every entity subject to the requirements of the BSA and its implementing regulations must have an AML Officer (also known as a BSA Officer).

Share this Doc
CONTENTS
Share to...