High Risk Customers Enhanced Due Diligence/Beneficial Owners

Our Compliance Officer is looking to enhance some of our credit unions overall procedures and ongoing monitoring and has asked me to reach out to the ACUARP to see if anyone is willing to share their current procedures, internal training materials and/or items being regularly tracked/monitored related to the following areas:

Higher Risk Customers - Enhanced Due Diligence 

Beneficial Owner Triggering Events

Compliance/AML/BSA Metrics 

Fraud Trends

If willing to share information, please forward to myself and/or our Compliance Officer Kim at kim.duchan@covantagecu.org.  We can also share our current procedures with you as well, if interested.

Thank you!