During this class we will cover the topics for your annual training. We will get you updated and ready for a good examination with many hot spots discussed and hopefully you will avoid some of the issues that many institutions are facing in 2021.
Covered Topics
- Beneficial Ownership
- Customer Identification Program including Online Account Opening Issues
- Aliens
- Money Service Businesses
- SARs and CTRs Update
- Keep Open Requests
- Current examination hot spots – changes to the exam manual
- BSA Fines and Penalties
- Audits, Training and Internal Controls
- All new guidances, rulings and changes
- OFAC
- FFIEC Exam Manual Updated
- Revised Audit Worksheets
- CTR Examples
Who Should Attend?
BSA Officers, Compliance Officers, Internal Auditors, any person within the bank who has responsibility for setting BSA policy and procedure.