Cryptocurrency Regulatory Expectations & Guidance 2023 | Community Bankers Webinar Network | 11 April 2023 | Webinar

Does your institution provide cryptocurrency services?
Even if you don’t, you need to understand the attendant regulations to deal with accountholders that have embraced it. Every financial institution needs to understand the agency-issued guidance, red flags, and potential for fraud. Now is the time to learn more.

AFTER THIS WEBINAR YOU’LL BE ABLE TO:
• Understand crypto-asset risks to financial institutions
• Identify potential red flags and risks with cryptocurrency
• Explain related regulatory expectations and guidance
• Define common cryptocurrency industry terminology
• Recognize crypto asset-related frauds and scams

Even if your institution is not planning to actively participate in cryptocurrency, you should be aware of the expectations when banking an accountholder that has embraced the distributed ledger technology. Cryptocurrency activity is conducted by millions of Americans, and financial institutions must understand the risks and red flags. The regulatory agencies have issued guidance explaining their expectations. Do your policies and procedures address these expectations? Have you implemented gates and guardrails to control risk? As the digital asset world continues to evolve, it is critical that your institution understands regulatory expectations and is ready to handle accountholders that engage in cryptocurrency activity. This program will explain current crypto asset-related frauds and scams and red flags to help protect your accountholder’s assets.

This informative session is designed for compliance officers, BSA officers, managers, trainers, and all staff that want to understand the current regulatory expectations and guidance regarding cryptocurrency and digital assets.

2023 Speaker

Presenter:

Molly Stull
Consultant, Brode Consuulting Services