The Morley Group is thoroughly experienced in conducting institutional risk assessments.

The June 2005 FFIEC Bank Secrecy Act Anti-Money Laundering Examination Manual states "...risk assessment...is critical in the development of applicable internal controls, as required for the BSA/AML compliance program." In fact, a bank's BSA/AML/OFAC compliance system is determined by the bank's overall risk.

Every financial institution is now required to have an institutional risk assessment. If the financial institution has not conducted an institutional risk assessment, the regulators will take it upon themselves to do so. For any number of reasons, the former approach is far preferable to the latter.

Assessing the risk of a financial institution is a complex process, drawing upon a number of data sets obtained from the bank's core computer system and other sources of information both within and outside the bank. The Morley Group has conducted a number of risk assessments for financial institutions. We have developed a cost-effective, yet comprehensive approach to this particular requirement of the bank regulators. In addition, through our BSA/AML/OFAC Assessment process, we can assist financial institutions in adapting their transaction monitoring systems to the appropriate risk level of the institution.