Webinar | 90-minutes | $199

How much can it cost to do nothing? Would you believe more than 400 million dollars?

Jeffrey Epstein’s victims sued several large banks and have won huge settlements.  These institutions face financial loss in the millions and reputational damage for allowing millions of criminal transactions to flow through their institution. What does this mean to you? In these settlements the institutions were noted to fail to file Suspicious Transaction Reports and monitor transactions appropriately. We will look at the lessons learned from these settlements of over $400 million and apply those lessons to our own BSA/AML risk programs.

This program will break down the critical SAR and monitoring failures behind recent major settlements and show how you can apply lessons learned directly to your BSA/AML program.

Highlights:

• Allowing transactions that are illicit to flow through your institution can cause harm to people
• SAR filing is subjective and discretionary, but you can be sued when your program fails
• Key red flags for human trafficking and how to write your SAR narrative
• Developing a human trafficking SAR referral form
• Checklist for monitoring
• Red flags for sex and human trafficking
• SAR referral form for human trafficking
• SAR narrative template for human trafficking

Who Should Attend?

BSA/AML Officers and Staff, Risk Management, Legal Departments, Senior 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 $199.

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.