Start Date: 7/28/2020 1:00 PM MDT
End Date: 7/28/2020 2:30 PM MDT
BSA examiners are digging deeper during exams and have begun to ask more questions about the lending function. Could a BSA examiner find loan fraud that has gone undetected by your institution’s due diligence process? Is there a system for identifying false statements and attempts at identity theft on business loan applications? Do your lenders know that these activities may require filing a SAR? Is beneficial ownership effectively documented? This program will address those questions and provide five important reasons that BSA training must be provided for lenders who open business accounts and loans.