$305.00 – $705.00
Date Recorded: September 27, 2022
Presented By: Mark Dever, AAP, CAMS
A two-hour webinar to update members of the compliance community on the current BSA/AML Examination.
In April 2020, the regulatory agencies transitioned from a “paper-book” examination materials format to an on-line InfoBase structure. The InfoBase was developed to provide the field examiners at the regulatory agencies with an electronic source for training and distributing needed examination information. Financial institutions have access to this InfoBase and can benefit from the extensive training and examination information with many new tools and resources to assist in surviving the exam. The examination materials were updated three times last year, with many of these revisions designed to emphasize and enhance the Agencies’ risk-focused approach to BSA/AML supervision. The Agencies made revisions throughout the updated sections to ensure the language clearly distinguishes between mandatory regulatory requirements, and supervisory expectations set forth in the guidance.
Here’s What You’ll Learn:
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 ProBank Austin will not only provide the compliance and audit staffs with a current “snapshot” of the impacts from the updated sections of the examination manual, but it will also discuss other regulatory and legal issues related to anti-money laundering and counter-terrorist financing activities.
This webinar will be of most value to members of the compliance community to help them prepare for a successful BSA/AML examination, and to assist them in meeting their annual BSA training requirements. The webinar will also be helpful to senior audit managers.
Program Level: Basic
Prerequisite: Basic Knowledge of BSA/AML Regulations
Advanced Preparation: None
Field of Study: Specialized Knowledge
Any recording, transmission, retransmission, or republishing of any portion of this webinar is prohibited.