Learn how to open and close accounts fairly. This program provides a second quarter outlook at our regulatory and compliance challenges with BSA and OFAC and what the examiners are hot on this year.
What You’ll Learn:
- New! AML Fundamental Rule Change Proposal Update
- Reputational risk and your risk assessments
- 4 new FAQs on SARs: what do they mean?
- Suspicious Activity Reporting – cyber, cash, and check fraud
- SAR narrative templates and referral forms
- Hot spots for examiners this year
- Marijuana Update – Schedule III or no?
- Streamline Act: where are we on legislation to change CTR numbers?
- Beneficial ownership relief on existing customers
- OFAC videos, search engine, record retention, new reports, and sanctions
Who Should Attend:
This session is ideal for BSA officers, BSA staff, OFAC officers, OFAC staff, compliance, operations, training, and management.