The frontline is the first line of defense in identifying and reporting
suspicious activity. Therefore, it’s crucial that frontline staff receive
initial and annual training on BSA/AML requirements and fully understand what is
expected during their day-to-day duties. This session will detail BSA/AML rule
components, including red flags for money laundering, CIP documentation, CDD
rules, OFAC screening, CTR completion, maintaining information for the sale of
monetary instruments, and much more! Arm your frontline with the knowledge and
tools needed to comply.
- Overview of the five BSA pillars
- Currency transaction reporting (CTR) rules and how to avoid errors
Identifying and reporting suspicious activity
- OFAC screening
- Gathering the information required to meet CDD
- Red flags for hot-button, high-risk activities, including
elder financial exploitation, marijuana-related businesses, and human
- Noncompliance penalties
Dawn Kincaid, Brode Consulting Services, Inc.
Live and recorded webinar, handouts, quiz with answer key and training log are included.