Event Calendar

Thursday, July 20, 2023

Webinar - BSA Overview for Non-Transactional & Support Staff

Start Date: 7/20/2023 9:00 AM MDT
End Date: 7/20/2023 10:00 AM MDT

United States 

Bank Secrecy Act (BSA) compliance is not just for employees who handle accounts and transactions. In fact, SAR reports involving non-transactional employees, directors, officers, and owners/shareholders at financial institutions accounted for almost 16,000 SARs in 2022 and almost 23,000 in 2021. If you add other insiders such as accountants, attorneys, appraisers, and agents it adds another 1,200 and 1,700 SARs respectively. Your role puts you in a unique position to see things that other employees and management might not be able to see and to recognize things that seem odd or suspicious – whether it be insiders or accountholders. This webinar will provide a basic understanding of the requirements of the Bank Secrecy Act and Office of Foreign Assets Control (OFAC) as it applies to support and administrative staff.


Preferred Providers