As well, we’ll may eventually see (fingers crossed) changes in CTR and SAR thresholds. New leadership at the Treasury Department seems to be more dedicated to modernizing those procedures than what we’ve seen in the past, so we’ll discuss what may be coming down the road. But that doesn’t change what is always important when it comes to BSA, so we’ll emphasize those points so your program is up to date as well as effective.
There is a lot going on – in this webinar, we’ll cover new mandates, requirements, and recommendations, as well as talk about what’s coming and when, and provide recommendations on how to deal with critical BSA/AML issues right now.
What You’ll Learn
- Potential threshold changes for CTR and SAR reporting
- Obtaining TINs from third parties to satisfy CIP requirements
- Status of Beneficial Owner requirements (and reporting mechanism)
- Additional coming and potential regulatory changes
- Current examiner expectations
- Hot spots and developing areas of concern
- Enforcement trends and actions – what we can learn
- AML threats in digital activities and cyber
- Cannabis banking and AML expectations
- Weaknesses in CDD programs
Who Should Attend
The program is designed for BSA officers, compliance officers, auditors, and those responsible for either overseeing BSA in general or those within the lending business units with BSA responsibilities.