Financial institutions are required to adhere to the Bank Secrecy Act and its many obligations to detect, prevent, and report money laundering concerns. These sessions focus on BSA/AML details and offer tactical guidance to ensure compliance.
BSA expert Doug Keipper will review the CDD Rule and the new requirements issued by FinCEN. You will learn the information you must collect and the procedures to follow to determine beneficial ownership.
What is beneficial ownership?
How can you determine beneficial ownership?
What does the new Customer Due Diligence Beneficial Owner Rule require?
How should you modify your policies and procedures in your institution?
Financial compliance expert Timothy Dunfey will share the details of all the newest BSA/AML priorities and developments. You will learn how to adapt your practices to fulfill the current regulatory requirements.
What are the 2022 national anti-money laundering priorities?
What do the 2022 FFIEC Exam manual updates entail?
How have AML/CTF regulations changed over the past year?
What impact will these changes have on your institution?
Compliance expert Doug Keipper will highlight the customer due diligence requirements examiners are focusing on today. You will learn the specific steps your institution should take to ensure compliance.
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.
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?
Financial compliance attorney Timothy Dunfey will highlight the escalating risks associated with third-party relationships and explain the details of relevant regulations you must follow to contain them. You will learn how to protect your institution.
What are the risks associated with third-party relationships?
What risk management process should you follow for these vendors?
What supervisory process is related to third-party risk?
Financial compliance attorney Timothy Dunfey and renowned corporate trainer Bob Greene will reveal the BSA compliance landscape. You will learn the criminals’ latest tactics and the regulators’ current expectations.
What You'll Learn
What are regulators’ initial reactions to the pandemic?
What are the most significant changes in the BSA/AML Examination Manual?
What are the current BSA reporting requirements?
What does the USA Patriot Act require of financial institutions?
How are criminals exploiting COVID-19?
What are the expected fraud trends?
What are the most common red flags for balance sheet fraud?
How should you investigate fraud or other criminal activity?
How should your institution respond?
What are the most recent regulatory updates and statements?
5 Sessions scheduled for 60 minutes including question and answer period.Monday, July 24 - Friday, July 28, 2023; 12:00 PM Eastern or Monday, September 25 - Friday, September 29, 2023; 12:00 PM Eastern
Regulatory expert Timothy Dunfey will lead this comprehensive series. Start the year with new knowledge and increased value.
Benefits of Certification
Hear practical solutions and best practices from an industry expert
Manage your institution’s BSA/AML program while minimizing risks
Demonstrate to regulators that your institution is serious about its responsibilities