Video Webinar: BSA Basics
Bank Secrecy Act (BSA) and Anti-Money Laundering (AML) rules present one of the higher risk areas for any financial institution. Reviewed in each Safety and Soundness exam by your primary regulator, BSA/AML programs are no problem - until they aren’t. The reality is that BSA/AML program requirements are very complicated and are something that examiners review closely during each examination. Therefore, it is important that financial institutions have a strong understanding of what is required of them.
BSA Basics is a program designed as a higher-level overview of the requirements of a BSA/AML program for banks and credit unions. Taking just over an hour to complete, BSA Basics is a quick and efficient way to get general BSA/AML training - without even leaving your office. As you are most likely well aware of, examiners often want to see that both BSA officers and applicable staff/management receive appropriate “outside” BSA/AML training - and BSA Basics is an easy and affordable way to do just that.
In this program, we discuss:
What is BSA?
What is Money Laundering?
A simple example of how money laundering can work.
The five pillars of BSA (with a good look at the newest pillar, CDD)
A general overview of many key BSA requirements including SARs, CTRs, CIP, 314(a), OFAC, record keeping requirements, and others.
Additional resources for learning more about BSA/AML rules.
This program would be beneficial for new BSA Officers and staff, compliance officers, senior management looking for quick executive summary-type BSA training, auditors, branch managers, department managers, and anyone looking for an overview of the BSA/AML requirements for financial institutions.
NOTE: If you are looking for a more thorough and comprehensive course on BSA/AML rules, be sure to check out our BSA Bootcamp in our store here.
$199 (Early bird discount off regular price of $249 through 9/19/19.)