BSA Officer Update

1-Day Virtual Class | October 4, 2024 | 9:00am – 3:00pm CENTRAL Time

New! AML CFT Proposed Program rules have been released. This change will affect your risk assessments, policy and some procedures!

During this webinar, we will bring you up to speed on all things BSA and OFAC for 2024.  It’s been a busy year as beneficial ownership continues to roll out amidst legal battles.  New National Risk assessments have been published and crime abounds.   This program provides a mid-year look at our regulatory and compliance challenges with BSA and OFAC and what the examiners are hot on this year.

 Class Agenda:

9:00 am to 10 am CENTRAL TIME

• AML Program Rules Proposed
• Creating six pillars
• Statutory Risk Assessment
• Connecting it with National Priorities and Risk Assessment

10:00 am to 10:15 am CENTRAL TIME – Break

10:15 am to 11:00 am CENTRAL TIME

• Beneficial Ownership Update, CIP for Online Banking and OFAC
• Status Report of BOI Rules—It’s Complicated
• CIP for Online Banking Changes
• OFAC Updates

11:00 am to 11:15 am CENTRAL TIME – Break

11:15 am – 12:00 Noon CENTRAL TIME

• Customer Due Diligence and Enhanced Due Diligence
• Marijuana and a schedule III Change
• Enhanced Due Diligence Hot Spots
• High Risk Customers

1 Hour Lunch

1:00 pm – 2:00 pm CENTRAL TIME

• SAR Hot Exam Spots
• Counting the dollars
• Continuing SARs
• The Committee
• The Decision Making
• The Narrative
• Check Fraud, Cyber, Elder Fraud

2:00 pm to 2:15 pm CENTRAL TIME –  Break

2:15 pm to 3:00 pm CENTRAL TIME

• Consent Orders, Third Party Relationships, Advisories and Other News
• 2024 Consent Orders Lessons Learned
• Third Party Relationships and your Risk Assessments
• 2024 Advisories what to know and do

 Who should attend?  BSA Officers, BSA Staff, OFAC Officer and OFAC Staff, compliance, operations, training and management

Seminar Instructor

Deborah Crawford is the President of Gettechnical Inc., a Florida-based firm, specializing in the education of banks across the nation.  Her 40+ years of banking and teaching experience began at Hibernia National Bank in New Orleans. She graduated from Louisiana State University with both her bachelor’s and master’s degrees.  Deborah’s specialty is in the deposit side of the financial institution where she teaches seminars on regulations, documentation, insurance, and Individual Retirement Accounts.

Registration 

The cost to attend this all-day seminar is $299 for one connection*. *You may have as many listeners as you wish for your ONE connection (ONE computer login). If you would like additional logins for additional locations/computers, please contact our office or note names and email addresses in the comments sections of the registration form. A fee of $100 will be billed for each additional login. Please register the person you wish to receive the log-in and handouts links.

Registration fees include instruction, live interaction with the instructor, any materials and supplements used by the instructor (digital), and a link to the recordings of the class. (You will have unlimited access to the recording for 90 days.)

Cancellation and More Information

Full registration fees will be refunded if a cancellation is received on or before ten business days prior to the meeting. If the date of cancellation is less than ten days prior to the meeting, a $75 processing fee will be retained. No refunds will be given for cancellations made the day of the program. If you need additional information, please call (888) 773-4839.