This document focuses on assessing the adequacy of a bank’s systems to manage the risks associated with accounts of nonbank financial institutions (NBFI). NBFIs are broadly defined as institutions other than banks that offer financial services. The document highlights that banks are not expected to serve as the de facto regulator of any NBFI industry or individual NBFI customer. It emphasizes the need for banks to develop policies, procedures, and processes to identify and assess the potential risks posed by NBFI relationships.

This document focuses on assessing the adequacy of a bank’s systems to manage the risks associated with privately owned ATMs and ISO relationships. Privately owned ATMs, often found in convenience stores, bars, restaurants, grocery stores, or check cashing establishments, are susceptible to money laundering and fraud. ISOs, acting as agents for merchants and ATM owners, process electronic transactions. Due to the lack of registration, ownership limits, monitoring, or examination of privately owned ATMs and ISOs in most states, they pose increased risks.

This document, issued by the Federal Financial Institutions Examination Council (FFIEC), provides guidance on assessing the adequacy of a bank’s systems to manage the risks associated with its relationships with third-party payment processors. It applies to banks that offer account services to these processors. The document highlights the risks associated with processors, such as money laundering, identity theft, fraud schemes, and other illicit transactions. It emphasizes the importance of implementing policies, procedures, and processes to address these risks, including conducting background checks, verifying merchant identities, and monitoring processor relationships for unusual or suspicious activities.

This document outlines the objective of developing and documenting the BSA/AML examination plan for banks. Examiners are required to review a bank’s BSA/AML compliance program during each examination cycle by conducting appropriate examination and testing procedures. The initial examination plan enables the examiner to establish the procedures needed to assess the adequacy of the bank’s BSA/AML compliance program and its compliance with BSA regulatory requirements. The plan should consider factors such as the bank’s risk profile, size or complexity, organizational structure, quality of independent testing, changes to the bank’s BSA/AML compliance officer or department, expansionary activities, innovations, new technologies, and other relevant factors.

This document, titled ‘Risk-Focused BSA/AML Supervision’, provides guidance on conducting BSA/AML examinations for banks and financial institutions. The objective is to assess the adequacy of the bank’s BSA/AML compliance program and its compliance with BSA regulatory requirements. The document emphasizes a risk-focused approach, tailoring examination plans to each bank’s unique risk profile. Examiners should review the bank’s BSA/AML risk assessment, independent testing or audits, previous examination findings, management’s responses, offsite and ongoing monitoring, and BSA reporting available from FinCEN.

This document, part of the Federal Financial Institutions Examination Council (FFIEC) BSA/AML Examination Manual, provides guidance to examiners on scoping and planning for the examination of a bank’s money laundering, terrorist financing (ML/TF), and other illicit financial activity risk profile. The objective is to develop a risk-focused examination scope and document the Bank Secrecy Act/anti-money laundering (BSA/AML) examination plan. Examiners assess the adequacy of the bank’s BSA/AML compliance program and its compliance with BSA regulatory requirements.

This document provides an offense seriousness ranking table for all criminal offenses in Arkansas. The table includes the statute number, class of the crime, name of the crime, and the seriousness ranking. The seriousness ranking ranges from 1 to 10, with 1 being the least serious and 10 being the most serious. The document does not mention any exceptions or specific penalties for non-compliance. It serves as a reference for determining the seriousness of different criminal offenses in Arkansas.

This document, part of the California Code of Regulations, pertains to the Major League Sports Raffle Program under the Bureau of Gambling Control. It specifies that raffle tickets can only be sold to individuals who are 18 years of age or older. Eligible organizations are responsible for ensuring that ticket sellers at registered events ask for and verify the age of ticket purchasers using valid government-issued identification. The document references Section 320.

This document provides limitations, requirements, and information on raffle tickets in the context of the Major League Sports Raffle Program regulated by the Bureau of Gambling Control in California. According to the document, individuals participating in a raffle at a registered event are not required to pay anything more than the raffle ticket price to enter. Each sale of a raffle ticket must be recorded with a receipt issued to the player, and a corresponding counterfoil must be deposited into a container.

This document, part of the California Code of Regulations, governs the standards for electronic raffle equipment used by eligible organizations at registered events. The electronic raffle system must be certified by an independent gaming test laboratory and meet standards no less stringent than GLI-31. The document references the authority cited as Section 320.6(o) of the Penal Code and the reference as Section 320.6 of the Penal Code. The history section mentions the filing and refiling of the section as an emergency, with the requirement of transmitting a Certificate of Compliance to OAL by specific dates.