Breaking Down the Anti-Money Laundering Act & Preparing for Impact
On-Demand Webinar:
StreamedMar 22, 2022Duration90 minutes
- Unlimited & shareable access starting
two business days after live stream - Available on desktop, mobile & tablet devices 24/7
- Take-away toolkit
- Ability to download webinar video
- Presenter's contact info for questions
2022 is set to be the year of the BSA!
Do you know the
eight AML priorities that should be incorporated into your program? How does virtual currency affect definitions
and red flags? What about FinCEN’s
information-sharing frameworks? Join us
to sift through the shifting sands of the AML landscape.
AFTER
THIS WEBINAR YOU’LL BE ABLE TO:
- Incorporate the eight AML/CFT priorities into your BSA/AML risk assessment and red flag monitoring programs
- Explain the details of FinCEN’s NPRM to implement beneficial ownership reporting
- Understand FinCEN’s frameworks to facilitate information sharing among financial institutions and their service providers, regulators, law enforcement, and others
- Detail how virtual currency is now considered in regulatory definitions and red flags you should know
- Prepare for proposed changes to CTR and SAR reporting, including thresholds and required fields
- Use the information and tools provided to inform management and the board of current and future changes
WEBINAR DETAILS
The passage of the AML Act enacts a number of
elements that will impact your risk-based BSA program and potentially change
recordkeeping and reporting requirements. From risk assessments to beneficial
ownership to CTRs and SARs, changes big and small are on the way.
This session will detail how to address the
provisions of the AML Act already in place and plan for those that are coming
soon. Join us to discover the impact to your policy, risk assessment, procedure
monitoring, and training program, and use the provided tools and examples to
help navigate the changes.
WHO SHOULD ATTEND?
This informative session is designed for BSA officers, compliance officers, security officers, and anyone responsible for managing the BSA/AML program.
TAKE-AWAY TOOLKIT
- AML Act implementation plan
- Sample BSA/AML risk assessment (updated for the AML Act)
- Employee training log
- Interactive quiz
- PDF of slides and speaker’s contact info for follow-up questions
- Attendance certificate provided to self-report CE credits
NOTE: All materials are subject to copyright. Transmission, retransmission, or republishing of any webinar to other institutions or those not employed by your agency is prohibited. Print materials may be copied for eligible participants only.
Presented By
Brode Consulting Services, Inc.
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