Education & Events

Get connected & sponsor a League event
Wisconsin's Credit Unions Unite for Good
Wisconsin Credit Union Foundation

BSA Compliance Hotspots: Regulators, Litigation, Policies & Procedures

Learn where the highest risks for money laundering are and how should they be monitored, plus receive a checklist to ensure you have current, comprehensive BSA policies and procedures.

Apr 26, 2017 02:00 PM   -­­  Apr 26, 2017 03:30 PM
CT
Location


,


For More Information


p: 

c: 

Type of Event
On Demand Webinar

Who Should Attend
  • On Demand
  • Webinars
  • Member Services
  • Compliance

Register

Description

Bank Secrecy Act (BSA/AML) issues are some of the most challenging facing the financial industry. The expectations for mitigating AML risk keep changing, because money launderers continually alter their techniques. Where are the highest risks for money laundering and how should they be monitored? What do examiners expect and what issues have they cited recently? Do you know about recent litigation and legal risk? Join us to learn the answers to these questions and more, plus receive a checklist to ensure you have current, comprehensive BSA policies and procedures.

Learning Objectives

  • List of monitoring reports and what can be learned from each
  • SAR advisory key terms – information from FinCEN regarding the types of activities to monitor (e.g., e-mail compromise, human trafficking, funnel accounts, etc.)
  • Dealing with accountholders who are marijuana dispensaries – procedures, monitoring, and reporting
  • OFAC
    • Weak processes identified by examiners
    • Monitoring procedures and samples
  • Learning from others’ mistakes – recent BSA/AML penalties and what went wrong

Speaker

Ann Brode-Harner, Brode Consulting Services, Inc.

Download the brochure >>