BSA 101: The Basics of BSA – ON-DEMAND WEBINARS

$305.00$705.00

This purchase gives you a single license for a single user and should not be shared.
This purchase gives you up to five licenses for five users.
SKU: SWBSB Category:
Overview

Recorded: August 3, 2021

Presented by: Mr. Mark Dever, VP and Senior Consultant, FORVIS

A two-hour webinar to help “back-up” BSA Officers as well as new members of the BSA compliance department understand the Bank Secrecy Act, and the responsibilities under the BSA / AML / and CFT regulations. As all employees play a critical part in the institution’s success or failure with the BSA, a basic knowledge of the requirements shortly after joining the department or receiving the “back-up-officer” designation could be most beneficial. This webinar will give the new compliance team member and the “back-up” BSA Officer an introduction into the BSA responsibilities and requirements.

Here’s What You’ll Learn:

  • Background and overview of the statutory requirements;
  • Latest status of the Anti-Money Laundering Act (AMLA) 2020;
  • Money Laundering, trends, stages, and causes;
  • Reporting and Recordkeeping requirements;
  • Statistical trends;
  • Lessons learned from recent enforcement actions;
  • Current audit focus; and
  • Allow questions from participants.

Recent well-publicized BSA enforcement actions, fines, and deferred prosecution agreements continue to support a climate proving BSA compliance remains of paramount importance to all financial institutions. This two-hour webinar from FORVIS will provide the “back-up” BSA Officer, and the new members of the BSA compliance department with a “snapshot” of the BSA and its many requirements and challenges for financial institutions.

Who Should Listen

This webinar will be of most value to team members who have recently joined the BSA compliance department, and to those team members appointed to the position of “back-up” BSA Officer. The webinar will also be of value to the entire compliance community as it will assist in meeting the annual BSA training requirements. The webinar will also be helpful to senior audit managers and members of the audit team responsible for performing the independent testing for compliance with the BSA.

​Program Level: Basic

Prerequisite/Advanced Preparation: Basic Knowledge of AML/BSA Rules

Field of Study: Specialized Knowledge

Copyright Disclaimer

Any recording, transmission, retransmission, or republishing of any portion of this webinar is prohibited.