Bank Secrecy Act / Anti-Money Laundering (BSA/AML)
Customer Identification and Due Diligence

Bank Secrecy Act / Anti-Money Laundering (BSA/AML) BSA-CDD-3: Customer Risk Profiling

Financial institutions must develop a customer risk profile for each customer, understanding the nature and purpose of the customer relationship. Risk profiles guide ongoing monitoring.

Maintained by Gerard BlokdykVerified against the published standard Control text last updated

What else in your programme already covers this

This control maps to 16 controls across 10 other frameworks. If you already hold one of them, the evidence you collected for it is the starting point here rather than new work.

FTC GLBA Safeguards Rule (16 CFR Part 314) · 3 controls

  • FTC-Safeguards-EffectiveDate-Small-Institution Effective Date, Small Institution Exemption and Sectoral Coordination (16 CFR 314.5, 314.6)
  • FTC-Safeguards-Program-Qualified-Individual Comprehensive Information Security Program + Qualified Individual (16 CFR 314.3, 314.4(a))
  • FTC-Safeguards-Scope-Defs Scope, Definitions and Financial Institution Applicability (16 CFR 314.1, 314.2)

AML/CTF Act 2006 (Australia) · 1 control

  • AMLCTF-PartB-RBA Risk-Based Approach to CDD

APRA CPS 230 Operational Risk Management · 1 control

  • CPS230-40 Mandatory Minimum Classification of Material Service Providers

Florida Digital Bill of Rights (FDBR) · 1 control

  • FDBR-Scope-Defs Scope, Applicability Thresholds and Definitions (Fla. Stat. 501.701, 501.702, 501.703, 501.704)

GHG Protocol · 1 control

  • GHG-Scope3-Value-Chain-15Categories Scope 3 Value Chain Emissions - 15 Categories (8 Upstream + 7 Downstream)

IFRS 17 - Insurance Contracts · 1 control

  • IFRS17-Disclosure-Amounts-Risks-DataQuality-Granularity IFRS 17 - Disclosure + Objectives + Amounts Recognised + Significant Judgements + Nature and Extent of Risks + Data Quality + Granularity (Paragraphs 93-132)

India CERT-In Cyber Security Directions 2022 · 1 control

Nevada Gaming Control Board Cybersecurity Requirements · 1 control

  • NGCB-1 Regulation 5.260 Scope, Applicability, and Licensee Categories

Nigeria Open Banking Regulatory Framework (CBN, 2023) · 1 control

  • NGOB-1 Open Banking Registry Participation, Tiered Categorisation, and KYP

US Gramm-Leach-Bliley Act (GLBA) - Higher Education Safeguards Rule · 1 control

  • HE-1 Financial institution status of higher education

Every mapping shown was judged rather than inferred from wording similarity, and the ones that failed review are published too. See the coverage reports and what was rejected.

Other controls in Customer Identification and Due Diligence

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MCP endpointAll Bank Secrecy Act / Anti-Money Laundering (BSA/AML) controls