Introductory BSA/AML Examiner School, Providence, RI

high-risk transactions (i .e., international wires; cash or wire structuring, cash or wire micro-structuring, cash transactions in typically non-cash businesses, etc.) d. Review the parameters and thresholds established by management to determine if they are commensurate with the risk profile of the organization. e. Review sample alerts from Verafin to verify that the alerts are being generated in accordance with established thresholds. Shatswell is providing us with their standard document request list for this type of audit in order to provide the department will the necessary components for the review. Steve will report the results directly to the Audit Committee.

Please let me know if this plan is acceptable for the BSA validation requirement.