Wednesday, September 27, 2017
9:00 am – 10:30 am HST
12:00 pm – 1:30 pm PT
1:00 pm – 2:30 pm MT
2:00 pm – 3:30 pm CT
3:00 pm – 4:30 pm ET
Last year over 958,000 suspicious activity reports (SARs) were filed by financial institutions! Your institution is required by FinCEN to file SARs that are complete, thorough, and timely. But in a form with 98 fields and an open narrative, getting it right can be overwhelming. This session will review how to properly complete a SAR and make it an effective vehicle for delivering information to law enforcement. It will address how to write a quality SAR narrative and detail procedures and best practices for determining when to file, how to complete the form, and what to do after filing. Don’t miss this jam-packed session!
Continuing Education: Attendance verification for CE credits upon request
- The escalation process expected by the examiners in identifying, investigating, and reporting suspicious activity
- Review of the field-by-field requirements
- Writing an effective SAR narrative
- Proper SAR completion for hot button areas: elder abuse, cyber fraud, and human trafficking
- Procedures for SAR filing on continuing activity
- Best practices for board reporting
- TAKE-AWAY TOOLKIT
- SAR completion procedures
- Frequently asked questions on suspicious activity reports
- Suspicious incident report
- Red flags for training of your staff
- Sample language for SAR escalation procedures
- Employee training log
- Quiz you can administer to measure staff learning and a separate answer key
RELATED WEBINAR STILL AVAILABLE!
|"Creating an Effective Suspicious Activity Program: Efficiency, Examinations & Fraud"
Tuesday, July 18, 2017
WHO SHOULD ATTEND?
This seminar is designed for BSA officers, compliance officers, security officers, and anyone responsible for managing your BSA/AML program.
PLEASE NOTE: Program content is subject to copyright and intended for your individual financial institution’s use only.