ProBank Bank Secrecy Act 2018 - Harrisburg | Professional Bank Services | 9 August 2018 | Hilton Garden Inn, 3943 Tecport Dr, Harrisburg, PA 17111, USA

A two-day program designed to encompass the broad range of topics included in the realm of the Bank Secrecy Act.

• Implementing the Beneficial Ownership and Customer Due Diligence Requirements
• Suspicious Activity Reporting – the Form and the Process
• Identifying High-Risk Customers/Members
• Surviving the Inter-Agency BSA Examination
• Risk Assessment Alternatives
• Completing the Currency Transaction Report
• Exempting Eligible Clients from CTR filing
• Customer/Member Identification Program
• OFAC Compliance
• Establishing the Appropriate Culture of Compliance
• Other Statutory and Regulatory Requirements

Recent Congressional focus and well-publicized BSA enforcement actions and fines continue to support a climate proving BSA compliance remains of paramount importance to all financial institutions. Treasury continues to rely on financial institutions to serve as the “front-line gatekeepers” for law enforcement efforts to safeguard the U.S. financial system from the abuses of financial crimes, including money laundering and terrorist financing. The federal regulatory agencies continue to rely on financial institutions to take “every reasonable step” to identify, minimize, and manage any risks that illicit financial activity may pose to the individual institution and the industry. Ongoing initiatives by the Financial Crimes Enforcement Network (FinCEN), and continued expansions of the federal examination procedures, reinforce the need to have a strong BSA program at your institution.

This two-day school covers in detail the issues and opportunities in the ever-expanding environment of the Bank Secrecy Act and reviews the entire realm of BSA from “A” to “Z”. From decades old Currency Transaction Reporting (CTR) and various recordkeeping requirements, to institutional risk assessment, customer/member due diligence (CDD), beneficial ownership expectations, and suspicious activity reporting, students from the novice appointee to the tenured BSA professional will find the discussions and interactions to be of great value.

Who Should Attend?

This program is designed for personnel who have management-level responsibilities for BSA compliance. Individuals with retail banking, risk management, compliance, audit, operational, corporate banking, and training responsibilities will benefit from this program.

• Program Level: Intermediate
• Prerequisite/Advanced Preparation: Basic Knowledge of of AML/BSA Regulations
• Delivery Method: Group - Live
• Field of Study: Specialized Knowledge and Applications

2018 Presenter:

Mark W. Dever
Vice President, ProBank Austin