BSA is an on-going, ever-changing “safety and soundness” issue. This workshop will provide current, updated tools, techniques, and “real world” examples for learning the critical components of a BSA/AML Program. We will review the basic BSA regulatory framework and provide you with an understanding of the BSA, OFAC, and core recordkeeping requirements as well as current hot topics and emerging trends.

There will be a morning break, lunch from 12pm ET - 12:45pm ET and afternoon break.

Add to Calendar aCLuDhaqizCaPxAftmqF167204 03/29/2022 03/29/2022 true BSA/AML Virtual Session BSA is an on-going, ever-changing “safety and soundness” issue. This workshop will provide current, updated tools, techniques, and “real world” examples for learning the critical components of a BSA/AML Program. We will review the basic BSA regulatory framework and provide you with an understanding of the BSA, OFAC, and core recordkeeping requirements as well as current hot topics and emerging trends. The specific components to be covered during this BSA Fundamentals include: Money Laundering and History of Bank Secrecy Act The Tools of BSA The Role of FinCEN BSA/AML Violations and Penalties BSA/AML Risk Assessment BSA/AML Compliance Program and 4 Components Customer Identification Program Customer Due Diligence and Beneficial Ownership Enhanced Due Diligence BSA Reporting and Record Keeping Currency Transaction Reporting (CTR) CTR Exemptions Monetary Instrument Logs (MIL) Funds Transfers Suspicious Activity Reporting (SAR) Hot Topics Office of Foreign Assets Control (OFAC) Compliance BSA and OFAC Training Record Retention There will be a morning break, lunch from 12pm ET - 12:45pm ET and afternoon break. Our speaker will be Dianne Barton with Performance Solutions, Inc. AAP/APRP credits 7.0 Location: Virtual Session Pricing: Member Price: $250 Click here to register Virtual

Details

March 29, 2022

BSA/AML Virtual Session

9:30am ET - 4:30pm ET

Virtual