Failure to File SARs: Sex Trafficking & Big Settlements
July 28, 2026
Live Webinar:
DateJul 28, 2026Duration90 minutes
08:00 AM PDT09:00 AM MDT
10:00 AM CDT11:00 AM EDT
- Unlimited connections for your institution
- Available on desktop, mobile & tablet
- Take-away toolkit
- Presenter’s contact info for questions
On-Demand Webinar:
- 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
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.
Presented By
Gettechnical Inc.
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