90-minutes | $99 | Added to our BSA Annual Training Bundle! 

In the last year, FinCEN has reduced SAR burdens, provided exceptive relief on beneficial ownership and now FinCEN proposes rule to fundamentally reform financial institution programs designed to fight illicit finance. The proposed rule would revise FinCEN’s regulations to reflect statutory changes made by the Anti-Money Laundering Act of 2020. This proposed revision of AML/CFT programs fully supersedes a prior proposed rule FinCEN published on July 3, 2024, and FinCEN is withdrawing that proposed rule. During this summer update, we will detail how these changes will and can affect your BSA/AML programs.    Learn how to get on board with the new tone from the top and run a great effective program and reduce the paperwork and increase time spent on high risk transactions   This program provides a second quarter outlook at our regulatory and compliance challenges with BSA and OFAC and what the examiners are hot on this year.

 What will be covered:

• New! Proposed AML Rule with fundamental changes to BSA
• Reputational risk and your risk assessments
• 4 New FAQs on SARs what do they mean?
• Suspicious Activity Reporting—Cyber, Cash and Check Fraud
• SAR Narrative Templates and referral forms
• Hot Spots for examiners this year
• Streamline Act–where are we on legislation to change CTR numbers
• OFAC videos, search engine, record retention, new reports and sanctions

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

Seminar Instructors

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.

Leslie Nicely, Senior Vice President for Gettechnical Inc. brings with her a wealth of practical banking experience.  Her 30+ years include various positions with a local community bank including teller, teller supervisor, new accounts, lending, Branch Administration Officer, BSA/AML Officer and Security Officer and more.  She graduated from the Virginia Bankers Association School of Bank Management. Her experience includes management, operations, lending compliance, fraud management, training, security and customer service.  Her down-to-earth approach to training and her technical expertise makes her a real asset to our industry.

OnDemand Registration 

The cost for 90 days of unlimited access to this recording is $99.

You will receive a download link for any materials and manuals used by the instructor (digital), and a viewing link to the recordings of the class. (You will have unlimited access to the recording for 90 days.)

More Information

Please call (800) 354-3051 for additional information.