Aug 4, 2020 to Aug 5, 2020
After 50 years, compliance with the Bank Secrecy Act (BSA) continues to be a top priority of the regulators. Examiners are increasing their focus to ensure financial institutions are complying with all aspects of the Bank Secrecy Act (BSA) and its many regulatory requirements.
Potential legislative changes to the Bank Secrecy Act are in the works in the U.S. House and Senate. In addition, the dramatic increase in the number of sanctioned individuals and entities and the growing complexity of the OFAC sanctions. And, the changing landscape of banking the cannabis industry continues to be an evolving hot topic.
The BSA/AML Compliance School is a comprehensive 2-day program featuring industry experts, law enforcement, and regulators who will discuss the latest changing BSA topics above as well as other BSA/AML priorities, and offer tips and tools to develop and manage an effective BSA program. Topics this year include: In the Weeds, Managing Alerts, Red Flags for Insider Abuse, and more.
Attendees will review "real world” situations, and develop "take-aways” that can be implemented back at their banks. Attendees will also benefit from shared knowledge, networking, and best practices. Be sure and register for this timely, AML/BSA program which provides an in-depth coverage of current trends and tools for today's BSA Officers and BSA team members.
This School assists financial institutions in fulfilling the annual training requirements by the BSA regulations.
The dates of the BSA/AML Compliance School will be August 4-5, 2020.
Registration will be at 8:30 a.m. on Tuesday. Class will begin on both Day 1 & Day 2 at 9:00 a.m. and end at 4:00 p.m.
Day 1 - AUGUST 4
8:30 Registration and Welcome
9:00 Recap of Major AML/BSA Trends in 2019 -2020
9:45 Update of FFIEC BSA/AML Examination Manual - April 15, 2020, Step-by-Step Guide for Update Your BSA Program
10:45 Managing Alerts and False Positives
11:30 Learning from Recent Enforcement and Audit Findings
Best Practices - Protecting Your Financial Institution – Breakout Session
12:00 – 12:45 LUNCH
12:45 SAR Completion: Tips and Tools – To File or Not File
1:30 Cannabis Banking – MRB, Hemp, and CBD – To Bank or Not Bank?
Cannabis Banking – Update Your Policy and Procedures
3:00 OFAC Update
3:45 Ensuring BSA Team Cross Training and Development
4:30 Evening Assignment and Wrap Up
Day 2 - AUGUST 5
9:00 Recap of Day 1
9:15 Insider Abuse and Complicity and Red Flags
10:15 Regulatory Panel
12:00 – 12:45 LUNCH
2:00 Getting the Most from Your Core Provider – Breakout Group
2:45 Elderly and Vulnerable Adults Financial Exploitation – Can We Really Make a Difference?
3:15 Tips, Tools, and Takeaways
3:45 What’s Ahead in 2020
4:00 Wrap Up
Dianne Barton - Performance Solutions, LLC is our lead faculty member. More speakers to be announced.
Target Audience: This program is designed for those who have a working knowledge of BSA compliance including BSA, AML, Compliance and Fraud Officers Team Members, and Auditors. Individuals with accountability for BSA Compliance will also benefit from this program, such as: retail management, risk management, operations, and employee development.
COVID-19 RELEASE AND HOLD HARMLESS: By registering for and attending an Indiana Bankers Association (“IBA”) event or meeting, you acknowledge that there is an unknown risk of potential exposure to COVID-19 from contaminated surfaces or contact with other persons and you voluntarily agree to assume and accept said risks. Such exposure could result in illness, disability or death. You agree to waive, release hold harmless, and indemnify the IBA and its affiliates, directors, officers, employees and agents from and against any and all claims of liability and/or damages from exposure to COVID-19. Registrants and attendees warrant and represent that they will comply with all governmental, IBA, and host facility laws, orders, restrictions and guidelines regarding COVID-19 when participating in an IBA event or meeting.
$495 first registrant
$445 for each additional registrant
Participation in IBA programs is limited to members, associate members, and nonmembers from an eligible membership category at applicable member or non-member rates. Surcharge of 100% for Non-Members.
Fees include, casebook, study materials, continental breakfast, lunch and refreshment breaks each day.
We're Going VIRTUAL for the 2020 BSA/AML Compliance School.
While we may not be able to get together "in person" for this event as originally planned given the circumstances, we know that education/training to stay current and be the best banker you can be is important. That's why we're committed to providing this session and we're taking it online via webinar technology. Same instructor with the same content, but you'll have the ability to join from wherever you're located from the convenience (and safety) of your computer.
We look forward to seeing you online! You will receive your manual 2-3 days in advance should you want to print this to have during training. At this time, you will also receive log in instructions. This is a completely LIVE virtual training where you will be able to ask questions directly to the speaker.