High-Risk Accountholders & Services

Compliance Frontline & New Accounts Marketing Operations Security & Fraud

On-Demand Webinar:

StreamedMay 10, 2023Duration90 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

There is a list of high-risk customers and services in the BSA exam manual.

Are you familiar with it? Do you understand how they impact your anti-money laundering program and how to mitigate the risks? Learn about the additional due diligence that is required.

WEBINAR HIGHLIGHTS:

Nonresident aliens and foreign individuals (NRA)
Politically exposed persons (PEP)
Embassy and foreign consulate accounts
Nonbank financial institutions and MSBs
Professional service providers
Nongovernmental organizations and charities
Cash intensive businesses
Cannabis-related businesses
Private ATMs
Virtual asset service providers
Third-party payment processors (TPPPs)

WEBINAR DETAILS

Many types of accountholders come to your financial institution seeking many types of services. The BSA exam manual identifies many services and accountholders as high risk for money laundering. This webinar will cover those high-risk accountholders and services and explain their impact on the AML program. What makes them high risk? What extra due diligence is required? How do high-risk accountholders and services impact your institution’s BSA risk rating? This detailed webinar will cover it all.

WHO SHOULD ATTEND?

This webinar is designed for BSA officers, BSA coordinators, compliance officers, and security officers.

TAKE-AWAY TOOLKIT

FFIEC’s BSA/AML Examination Manual
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.