314a And 314b Information-Sharing Requirements Updates

with
Michael Schidlow
On-Demand
$149.00
Training Includes:
  • Certificate of Attendance
  • All resources and training materials
  • An on-demand recording will be available after the live presentation.

Financial compliance expert Michael Schidlow will detail the recent and potential changes to these regulations. You will look at SAR and CTR filings through the lens of a strong 314a and 314b information-sharing program.

What You'll Learn

  • What do the latest advisories regarding information sharing require?
  • How does rescinding the previous guidance affect your institution?
  • How can you balance customer privacy with government obligations?
  • What information should you share with other financial institutions?
  • When and how should you share this information?
  • How must you act on AML information you receive?

Training Overview

Newest FinCEN guidance on section 314 and illegal activity. Learn the guidance for collaborating with other institutions.

In December, FinCEN released new guidance on applying section 314 of the U.S. Patriot Act governing information sharing. The global pandemic and changes to anti-money laundering regulations require you to adapt your practices.

Financial institutions are encouraged to share customer and transaction details to enhance compliance with anti-money laundering/counter-terrorist financing requirements. You need to understand what information you may share, when you should share it, and how to communicate with other financial institutions.

  • What do the latest advisories regarding information sharing require?
  • How does rescinding the previous guidance affect your institution?
  • How can you balance customer privacy with government obligations?
  • What information should you share with other financial institutions?
  • When and how should you share this information?
  • How must you act on AML information you receive?

Who Should Attend?

  • Compliance analysts

  • AML specialists

  • BSA officers

  • BSA team members

  • Compliance officers

  • Operations officers

  • Auditors

  • Consultants

  • Lawyers

  • C-suite officers

Expert Presenter

Michael Schidlow

  • Financial crime compliance advisory and training consultant
  • Over fourteen years of experience in the legal, compliance, and audit fields
  • Previously has held leadership roles with Bank of America and HSBC
  • Certified Fraud Examiner (CFE)
  • Certified AML Audit Specialist (CAMS-Audit)
  • Licensed attorney
  • Professor of criminal justice and ethics

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