Start Date: 1/28/2021 1:00 PM MST
End Date: 1/28/2021 2:30 PM MST
The mission of the Financial Crimes Enforcement Network (FinCEN) is to “safeguard the financial system from illicit use, combat money laundering and its related crimes including terrorism, and promote national security through the strategic use of financial authorities and the collection, analysis, and dissemination of financial intelligence.” The Bank Secrecy Act (BSA) is an integral part of that mission and applies to financial institutions nationwide.
The regulation requires every financial institution to have a written, board-approved BSA program designed to ensure compliance. With the ever-changing financial services landscape, the security function must be vigilant and capable. From reporting transactions to recordkeeping and staff training to third-party software, there is much to master. The key is understanding the duties and marshalling the necessary assets.
Participants will gain insight from an attorney and “recovering” BSA officer as he guides you through the law, program requirements, essential elements of the BSA officer’s responsibilities, available resources, and highlights of the most common compliance landmines. Whether you are an experienced executive or a novice BSA officer, you are sure to benefit from this great overview of the evolving BSA responsibilities every financial institution faces daily.
Attendance certificate provided to self-report CE credits.