Nov 21

BSA Special Risks: Policy, Law Enforcement & Regulator Issues

Registration Options & Pricing

Please select your membership status.

Recorded Webinar Includes

  • Recording of the Live Webinar
  • Available two Business Days Following Live Date
  • Handout and Take-Away Toolkit
  • Available on Desktop, Mobile & Tablet
  • Free Digital Download, yours to keep
  • Share link with anyone at your credit union
  • Presenter’s contact info for follow-up

10:00 am – 11:30 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

Will your BSA/AML program pass the next exam? BSA/AML programs must be constantly updated because of the evolving threats of money laundering, financial crimes, and regulatory changes. What should you know about issues ranging from beneficial ownership to marijuana-related businesses? This webinar will review what’s old, what’s new, and what’s to come. It will highlight hot issues and provide key take-aways that will strengthen your BSA/AML program.

Attendance certificate provided to self-report CE credits.


  • Hot issues
    • Marijuana banking – FinCEN guidance and policy development
    • Cybersecurity threats and fraud risks – FinCEN guidance and detection
    • Elder financial exploitation – tips for detection and SAR requirements
    • August 2019 FinCEN advisory on trafficking Fentanyl and Synthetic Opioids (FIN-2019-A006)
  • Enforcement actions – failure to implement risk-driven compliance, untimely SAR filings, inaccurate CTRs, and more
  • CDD and beneficial owners – are you prepared for the next exam?
  • Monitoring for high-risk activities – identification and risk mitigation steps
  • SARs and detecting red flags – new fields and best practices for effective monitoring
  • Inadequate testing and monitoring systems – regulators’ expectations for automated and manual approaches
  • Challenges of banking money services businesses
  • Privately-owned ATMs – definitions, Independent Sales Organization relationships, and best practices
  • Cryptocurrency – FinCEN guidance and special issues

    • SAR checklist to identify, monitor, and report suspicious activity
    • Sample BSA responsibility matrix, including SAR monitoring and CIP
    • Sample CDD policy for new beneficial ownership requirements and the fifth pillar of BSA
    • SAR investigation report template
    • Format for quarterly BSA/AML/OFAC reporting to the board
    • Employee training log
    • Interactive quiz


This informative session is designed for new account representatives, call service representatives, branch managers, assistant branch managers, branch administration, deposit operations, BSA CIP staff, and anyone who works with or manages new accounts.


NOTE:  All materials are subject to copyright. Transmission, retransmission, or republishing of any webinar to other institutions or those not employed by your financial institution is prohibited. Print materials may be copied for eligible participants only.


Compliance Consulting and Training for Financial Institutions
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