BSA compliance remains one of the hottest topics for examiners and auditors. Frontline
staff are considered the first tier in identifying, preventing, and mitigating potential money
laundering and terrorist financing activities.
Learn the specific
requirements of their job duties related directly to BSA/AML and anti-terrorist financing
compliance. From opening accounts, due diligence, and recognizing when enhanced due
diligence may be necessary, to red flags for account opening and transactions, this
webinar will teach staff their responsibilities. It will address the reasons behind the tasks
they are asked to do and, most importantly, provide useful tools and red flag takeaways
to help them do it. FinCEN guidance on human trafficking, unemployment insurance fraud,
and other COVID-19-related red flags highlight the need to keep abreast of recent
developments, frauds, and money-laundering techniques and trends. This could be the
most important training your frontline receives all year!