We will take an in-depth look at the new BSA changes including the new advisories, guidance, and changes with BSA for 2024. We will also look at what is changing with beneficial ownership, de-risking, keep-open request orders, and more.
What You’ll Learn
- Lessons from 3 consent orders
- Customer identification programs and customer due diligence
- Beneficial ownership certification
- CTRs and SARs
- Convertible virtual currency
- Detecting and reporting the hot crimes—money mules, virtual currency, real estate, check fraud
- Transaction monitoring
- 314 a and 314 b
- Financial crimes—terrorism
- Updates through the advisories
- Risk assessments and enhanced due diligence
- Status of marijuana legislation
Who Should Attend
BSA Officers, BSA Staff, Operations, Compliance, and Security personnel will all benefit from this course.