The interagency US body that issues uniform examination standards for banks — its BSA/AML Examination Manual is a global de-facto reference.
The FFIEC is an interagency body of the US federal financial regulators (the Federal Reserve, OCC, FDIC, NCUA, CFPB, and a state-regulator liaison) that issues uniform examination procedures for US banks and credit unions. Its outputs include cybersecurity assessment tools, IT examination handbooks and, most prominently in the AML space, the FFIEC BSA/AML Examination Manual.
The FFIEC BSA/AML Examination Manual is the operational checklist US examiners use during bank supervision. Because it is detailed and public, it has become a de-facto reference work far beyond the US — European compliance teams routinely benchmark their own AML programmes against FFIEC chapters on customer due diligence, transaction monitoring, suspicious-activity reporting and high-risk customer types.
Bucephalus AML scenario coverage is mapped against both EBA and FFIEC examination chapters as a cross-check, so that institutions facing either supervisory tradition find their expected control taxonomy in the platform.
