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On October 3, 2018, an Interagency Statement was issued by five agencies/regulatory bodies to provide banks with an option to enter into a collaborative arrangement involving two or more banks to share their available resources in order to ensure compliance with Bank Secrecy Act/Anti-Money Laundering (“BSA/AML”) requirements...
Farrukh Qureshi, CAMS, CIA, CRCM, CFE, CITP, CRMA, CCSA
Associate Director, Internal Audit - BSA/AML & OFAC
Farrukh Qureshi leads the BSA/AML Audit Team at P&G Associates, performing targeted and specialized BSA/AML Compliance reviews for banking and credit union clients of varying sizes. He is a Certified Anti-Money Laundering Specialist (“CAMS”) and is involved in the assessment of the adequacy of Enhanced Due Diligence ("EDD") process and Customer Identification Program ("CIP").