Some think that regulatory attention to the BSA has let up over the past couple of years, given other difficulties and areas of concern, such as mortgage lending. Think again.
With the safety and soundness of the entire industry the focus of news stories every day and well-publicized enforcement actions, the regulators obviously haven't eased up. In fact, recent enforcement actions suggest risk assessments for BSA are still in focus.
We'll talk about where the risk areas are in these rules, and where examiners are criticizing institutions. Your comprehensive program must be updated continually, and we'll make sure you have the information you need to meet expectations.Covered Topics:
- Updating your risk profiles, including due diligence
- Where regulatory attention is being placed
- Changes in funds transfers and BSA definitions
- Currency Transaction Reporting hotspots
- Suspicious Activity Reporting - the backbone of an effective BSA program, plus e-Filing
- Selling monetary instruments for cash - collecting and retaining information, plus the addition of gift cards
- Funds transfer record keeping
- OFAC rules - who to screen?
- Blocked and rejected transactions - what's the difference and how do you know which to do?
- Additional requirements, such as 314(a), PEPs, and Pouch activities
- Identifying customers and maintaining proper evidence under CIP rules
- FinCEN hotspots and areas for review
- And more
Who Should Attend:
Anyone in your institution who has direct dealings with customers, such as Customer Service Representatives and Tellers. Also Loan Officers and others who make important customer-related decisions. Compliance Officers, Auditors, Attorneys, and Management too will benefit from this information, as well, as they often are the ones who must draft these complex programs, administer them, and audit them.
About Your Presenter
Carl Pry is a Certified Regulatory Compliance Manager (CRCM) and Certified Risk Professional (CRP) who is a Senior Director for Treliant Risk Advisors in Washington, DC.
Through his working career, as well as through his experience as a banking attorney and officer, he has provided a variety of regulatory compliance and financial performance services to financial institutions and other clients throughout the country.
He has written extensively regarding consumer and commercial compliance, tax, audit, and financial institution legal issues, and is a frequent contributor to and currently serves on the Editorial Advisory Board for the ABA Bank Compliance magazine. He has spoken at dozens of banking, compliance, and state bar associations, and has conducted training sessions for financial institutions across the country.
|About The Provider:
||Since 1983 Total Training Solutions has produced dozens of videotapes, CD-Roms, DVD's and web-based training modules. In addition to off-the-shelf products, Total Training Solutions also develops custom training products and consults with financial institutions to develop their own training curriculum.
For timely delivery of training topics, webinars or web conferencing is an unbeatable option. We now offer over 100 live programs per year and you can even purchase the recorded or ondemand session if you are unable to attend the live program.
We have worked exclusively with the financial industry since our founding. Because of this, we understand the needs of training departments in financial institutions and are alert to changes which affect the industry.
Attend the live session with the opportunity to ask questions to the presenter. You also receive a link to the handouts. All registrations for a live event will be given access to the OnDemand recording, at no additional cost, for seven days following the event. This will allow a flexible alternative when last minute conflicts intrude on scheduled events.
CD-Rom includes audio and video of recorded webinar plus hard copy handouts. You will also receive 6 months access to the OnDemand weblink as an added free bonus.
Includes a weblink for unlimited viewing for 6 months after the date of the webinar as well as a link to handouts.
Live + Recorded:
Includes all three options above. Live session, OnDemand Weblink, and CD-Rom plus Hardcopy Handouts.
Live + OnDemand:
Includes two of the options above. Live session and 6 months access to OnDemand Weblink plus link to handouts.