Compliance Risk Assessment for BSA/AML

We will help financial institutes identify, assess and reduce risks associated with money laundering, terrorist financing or regulatory noncompliance. It also helps them determine if they should adopt new policies or processes to protect themselves from losses related to identified risks.

As part of this review, UpwardIQ will

• Identify the customers, products, services and transaction risk factors.

• Analyse the information collected about the risk factors.

• Review BSA/AML policies and controls.

• Create a risk assessment report.