BSA/AML/CFT for the New Members of the Board 2022 | ProBank Austin | 22 April 2022 | Webinar

As all members of the Board are both ultimately responsible, and personally liable for their institution’s success and/or failure under the BSA, a basic knowledge of requirements shortly after joining the Board could be most beneficial. This webinar will give the new director an introduction into the BSA responsibilities and requirements.

Here’s What You’ll Learn:
• Background and overview of the statutory requirements;
• Money Laundering, trends, stages, and causes;
• Reporting and Recordkeeping requirements;
• Statistical trends;
• Lessons learned from recent enforcement actions;
• Current audit focus;
• Director responsibilities under the BSA;
• Major Components of the Anti-Money Laundering Act (AMLA) 2020; and
• Allow questions from participants.

2022 Presenter

Mark W. Dever
Vice President, ProBank Austin