BSA Risks in 2024: What's New & in the News?

Collections Compliance Directors Frontline & New Accounts Human Resources IRA Lending Operations Security & Fraud Senior Management

On-Demand Webinar:

StreamedJan 18, 2024Duration60 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

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This fast-paced 60-minute session will prepare you for the BSA risks and challenges 2024 will bring.

With current information garnered from a variety of resources, you’ll get the important highlights of regulatory changes, enforcement actions, and examiner expectations.

AFTER THIS WEBINAR YOU’LL BE ABLE TO:

Understand how global financial crimes and terrorist activity may impact your financial institution
Use FinCEN advisories and guidance to effectively update risk assessments
Identify action steps to update BSA/AML compliance in 2024
Recognize suspicious activity regarding elder financial exploitation, rampant check fraud, and human trafficking
Develop an effective program for the challenges of banking or restricting cannabis-related businesses

WEBINAR DETAILS

Compliance with BSA regulations and maintaining an effective AML (anti-money laundering) program continue to be areas of intense focus. Growing global conflicts concentrate attention on detecting terrorist financing and following numerous OFAC sanctions. Additionally, six important sections of the BSA exam manual were updated in 2023. Other “hot spots” include digital currency and cybersecurity breaches. Lessons learned from BSA enforcement actions will be highlighted, as well as current examiner expectations for an effective BSA/AML program.

WHO SHOULD ATTEND?

This informative session is designed for BSA officers and staff, compliance officers, fraud/risk managers, auditors, and all staff involved in maintaining a successful BSA/AML program.

TAKE-AWAY TOOLKIT

Template for a 2024 BSA/AML plan
Important FinCEN resources
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 institution is prohibited. Print materials may be copied for eligible participants only.