Failure to File SARs: Sex Trafficking & Big Settlements

Senior Management & Directors Bank Secrecy Act (BSA)Fraud

On-Demand Webinar:

StreamedJul 28, 2026Duration90 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

See Registration Options

How much can it cost to do nothing?

Would you believe more than 400 million dollars? This program will break down the critical SAR and monitoring failures behind recent major settlements and show how you can apply lessons learned directly to your BSA/AML program.

KEY WEBINAR TAKEAWAYS

Allowing transactions that are illicit to flow through your institution can cause harm to people
SAR filing is subjective and discretionary, but you can be sued when your program fails
Key red flags for human trafficking and how to write your SAR narrative
Developing a human trafficking SAR referral form

BONUS MATERIALS

Checklist for monitoring
Red flags for sex and human trafficking
SAR referral form for human trafficking
SAR narrative template for human trafficking

WEBINAR DETAILS

Jeffrey Epstein’s victims sued several large banks and have won huge settlements. These institutions face financial loss in the millions and reputational damage for allowing millions of criminal transactions to flow through their institution. What does this mean to you? In these settlements the institutions were noted to fail to file Suspicious Transaction Reports and monitor transactions appropriately. We will look at the lessons learned from these settlements of over $400 million and apply those lessons to our own BSA/AML risk programs.

WHO SHOULD ATTEND?

BSA and AML officers and staff
Risk management
Legal
Senior management

TAKE-AWAY TOOLKIT

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.