During this program we will cover everything a BSA officer needs to know to run a good program.
We will study the new issues in 2021 including the new revised exam manual chapters, the new AML Act, the status of CTR changes and many other pending issues.
Covered Topics
- Three newly rewritten chapters of the FFIEC BSA Exam Manual
- AML Act of 2020 passed in 2021
- De-Risking and Charities
- Penalty letters from FinCEN
- Where are we on beneficial ownership?
- Status of CTRs and Changes that are still pending
- COVID and crime
- Transaction monitoring—what has happened
- Revised audit procedures for new chapters
- Record keeping on virtual currency—where are we?
Who Should Attend?
BSA Officers, Compliance Officers, Internal Auditors, any person within the bank who has responsibility for setting BSA policy and procedure.