BSA 101: 2022 Training For All Staff And Employees Of Financial Institutions

with
Timothy Dunfey
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 attorney Timothy Dunfey will provide a comprehensive overview of BSA and highlight the latest requirements. You will learn the specific steps your institution must take to comply.

What You'll Learn

  • What is money laundering?
  • What must financial institutions do to stop it?
  • How can you comply with BSA, AMLA, USA Patriot Act, and OFAC?
  • What are the five pillars of AML?
  • What risks do financial institutions face related to financial crime?
  • How can you mitigate risks?

Training Overview

BSA training for all staff in 2022. Update everyone on your institution’s obligations to reduce risk and improve compliance.

This year, FinCEN issued national priorities for AML and countering the financing of terrorism. These priorities launched a series of new requirements for financial institutions, several with 2022 deadlines. You need to ensure every single person at your bank or credit union is aware of their obligations before the new year begins. Bank Secrecy Act missteps can lead to risk, regulatory scrutiny, and penalties.

All financial institution staff members must understand the current requirements of the Bank Secrecy Act, USA Patriot Act, and The Anti-Money Laundering Act. New legislation has driven changes that require banks and credit unions to revise policies and practices while providing updated training to all employees.

  • What is money laundering?
  • What must financial institutions do to stop it today?
  • How can you comply with BSA, AMLA, USA Patriot Act, and OFAC?
  • What are the five pillars of AML?
  • What risks do financial institutions face related to financial crime?
  • How can you mitigate risks?

Who Should Attend?

  • Compliance officers
  • Compliance staff
  • Business unit and department managers
  • Anyone responsible for training in BSA

  • Financial institution employees

Expert Presenter

Timothy Dunfey

  • Financial crimes compliance attorney and consultant with over 20 years of experience in financial services management, sales, operations, and compliance
  • Currently overseeing legal and compliance matters for a credit card company
  • Previously Compliance Officer at Citibank, overseeing EDD for the highest risk customers, and Deputy BSA Officer at Great Florida Bank
  • As a consultant with Promontory Financial Group, represented boards regarding regulatory deficiencies, managed numerous FCC improvement projects, and conducted audits and risk assessments across a wide variety of financial institutions
  • J.D. degree

For Teams

Have a team that needs training? Our enterprise customers receive custom branding, reporting and analytics tools, and of course, preferred pricing.