BSA Information Sharing: 314(A) and 314(B) – 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: SWBIS Category:
Overview

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:

  • Section 314(a) requirements;
  • Section 314(b) opportunities;
  • Recently released Section 314(b) Fact Sheet; and
  • Exam Focus – Information Sharing

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.

Who Should Listen

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

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