$305.00 – $705.00
Recorded: July 13, 2021
Presented by: Mr. Mark Dever, VP and Senior Consultant, FORVIS
Under Section 314 of the USA PATRIOT Act, law enforcement agencies investigating terrorist activity or money laundering may ask FinCEN to solicit certain information from financial institutions on their behalf. In addition, FinCEN encourages financial institutions and associations of financial institutions located in the United States to voluntarily share certain information to identify and report activities that may involve terrorist activity or money laundering. This two-hour webinar will review both sections of the information sharing program, as well as discuss overall information sharing requirements and responsibilities.
Here’s What You Will Learn:
Recent well-publicized BSA enforcement actions, fines, and deferred prosecution agreements continue to support a climate proving that BSA compliance remains of paramount importance to all financial institutions. This two-hour webinar from FORVIS will not only provide the compliance and audit staffs with a current update on compliance with the information sharing requirements and opportunities, but it will also discuss other regulatory and legal issues related to counter-terrorist financing activities.
This webinar will be of value to anyone involved in the information sharing program, and/or for anyone involved in managing the BSA compliance “program” within the financial institution. This webinar will also be of value for, compliance officers, training coordinators, and members of the audit staff.
Program Level: Basic
Prerequisite: Basic Knowledge of Anti-Money Laundering and Bank Secrecy Act
Advanced Preparation: None
Field of Study: Specialized Knowledge