Jan 28, 2021
3:00 pm – 4:30 pm EST
(90-minute webinar – recording also available)
A BSA compliance program is only as effective as the person monitoring it. So, new BSA officers need to hit the ground running. A look at FinCEN’s on-going enforcement actions and guidance serves as a good reminder of the increasing perils of an ineffective BSA program. With this webinar, new BSA officers can shift from being overwhelmed to being knowledgeable and focused on their new responsibilities.
The mission of the Financial Crimes Enforcement Network (FinCEN) is to “safeguard the financial system from illicit use, combat money laundering and its related crimes including terrorism, and promote national security through the strategic use of financial authorities and the collection, analysis, and dissemination of financial intelligence.” The Bank Secrecy Act (BSA) is an integral part of that mission and applies to financial institutions nationwide.
The regulation requires every financial institution to have a written, board-approved BSA program designed to ensure compliance. With the ever-changing financial services landscape, the security function must be vigilant and capable. From reporting transactions to recordkeeping and staff training to third-party software, there is much to master. The key is understanding the duties and marshalling the necessary assets.
WHO SHOULD ATTEND?
This informative session is designed for BSA officers, senior executives, directors, compliance staff, audit staff, security officers, and anyone involved with the BSA program.
AFTER THIS WEBINAR YOU’LL BE ABLE TO:
David A. Reed, JD, Reed & Jolly, PLLC
Attorney, author, consultant, and nationally recognized speaker, David Reed is a partner in the law firm of Reed & Jolly, PLLC. He provides guidance to financial institutions on establishment and revision of policies and procedures, organizational compliance, collections, security, contractual agreements, regulatory matters, and corporate governance. His engaging speaking style has made him a nationwide lecturer on regulatory compliance, consumer lending, bankruptcy, and collections.
A former trial attorney and vice president and general counsel of a large regional financial institution, David is also a Certified Fraud Examiner. He is particularly known as an expert in the areas of operations, bankruptcy, and collections. He has trained state and federal examination staff on numerous issues, including BSA, ID theft red flags, SAFE Act, third-party contract management, and bankruptcy.
Webinar Details Continued:
Participants will gain insight from an attorney and “recovering” BSA officer as he guides you through the law, program requirements, essential elements of the BSA officer’s responsibilities, available resources, and highlights of the most common compliance landmines. Whether you are an experienced executive or a novice BSA officer, you are sure to benefit from this great overview of the evolving BSA responsibilities every financial institution faces daily.
$255.00 Up to three locations
$155.00 Each additional location
Recorded Webinar & Free Digital Download (Available two business days after Live Webinar date)
Premiere Package (Live & Recorded Webinar with Free Digital Download)
If you have any questions or need additional information, please contact Marcy Borden at 317-387-9380 or firstname.lastname@example.org
Within three or more business days prior to the day of an educational program, no cancellation charge will be assessed. If your bank is unable to participate after registering, you can select to purchase the on-demand presentation.