Speaker: Ann Brode-Harner, Brode Consulting
About the Program
Wire transfers are very high-risk in terms of fraud, money
laundering, and other unlawful activities. Regardless of your
institution’s size, compliance with wire transfer regulations is
required. Examiners are scrutinizing policies, procedures, and forms to
ensure the risk is ultimately mitigated.
This webinar will cover the regulatory requirements and how to identify
and react to potential wire fraud attempts. Since policies and
procedures are key to successfully handling compliance and risk, the
webinar manual will be structured as a policy/procedure template so you
can compare it to your existing policy and update as necessary.
Sample policies/procedures will include:
Requirements on incoming and outgoing wires, both domestic and
Bank Secrecy Act requirements for wires and recordkeeping
Identification and authentication requirements (including