Recent Updates to the BSA/AML Examination Manual

Qty: On-Demand ($149.00)

Course Summary:

Learn how to utilize the BSA/AML manual as a guide to assess the adequacy of your bank's BSA/AML compliance program.

Course Details:

The Federal Financial Institutions Examination Council (FFIEC) has released updates to certain portions of its Bank Secrecy Act/Anti-Money Laundering (BSA/AML) Examination Manual in recent years.

The BSA/AML manual outlines the guidelines bank examiners follow when assessing the adequacy of a bank's BSA/AML compliance program. However, it can also serve as a tool for financial institutions to provide insight into expectations for regulatory compliance and how institutions are evaluated during the examination process.What You'll Learn:Updates to FFIEC's BSA/AML Manual 2020

• Points of Emphasis
  
• Impact of Updates

Updates to FFIEC's BSA/AML Manual 2021

• Sections of Manual Affected?
  
• Impact of Updates

Anti-Money Laundering Act of 2020 (AMLA)

• Introduction
  
• Key Provisions
  
• Purpose
  
• National AML Priorities
  
• Corporate Transparency Act
  
• Beneficial Ownership