Compliance expert Timothy Dunfey will provide step-by-step guidance to help you create a BSA policy that incorporates all the current requirements. You will learn how to change your practices to reflect recent updates.
Topics Covered
- What sections should your BSA policy contain?
- What changes do the FFIEC Exam Manual updates dictate?
- What information limitations will make it easier to manage annual updates?
- What recordkeeping and reporting requirements must you include?
- Which laws, rules, and regulations apply to BSA policies?
- How can you ensure timely board approval?
Training Overview
Update your BSA policy. Learn what changes the new requirements dictate.
The FFIEC Exam Manual was updated three times in 2021. You need to modernize your BSA policy to address these changes. A well-written BSA policy that meets the stringent government requirements is a must-have for every financial institution.
To please regulators and reduce risk, you must include the prescribed elements and follow best practices when writing or revising your BSA policy.
- What sections should your BSA policy contain?
- What changes do the FFIEC Exam Manual updates dictate?
- What information limitations will make it easier to manage annual updates?
- What recordkeeping and reporting requirements must you include?
- Which laws, rules, and regulations apply to BSA policies?
- How can you ensure timely board approval?
Who Should Attend?
- Compliance officers
- Chief compliance officers
- Compliance analysts
- Risk managers
- Compliance attorneys
- Bank or financial institution managers
- Bank or financial institution officers
- Board members
- BSA/AML officers
- BSA analysts
- BSA investigators
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