Menu Toggle Search

SAR Decision-Making

Oct 06 2:00 PM - Oct 06, 2021 3:30 PM
Oct 06, 2021 2:00 PM - 3:30 PM
Add event to: ICal Outlook Google Calendar

Will you make the right decision? What red flags and circumstances tip the balance toward filing a SAR? The combination of events and circumstances are limitless. Clever criminals are hoping you’ll miss the warning signs. Will one of them slip through the cracks?

Learning Objectives

  • What is a red flag?
  • What should your response be?
  • What does it mean to conduct an investigation?
  • When do you file a SAR? What are the time constraints?
  • How often do you have to file SARs?
  • When do you close an account?
  • How do you put together the pieces of an AML program?

There are two major sources of red flags that help determine next steps with regard to filing a Suspicious Activity Report:

  1. The system
  2. The frontline

What are your procedures to move a red flag from system or frontline, to investigation, to filing a SAR? The answer to this question becomes your AML program. Proper procedures could save your institution from fraud and money laundering; improper processes could cause an unsystematic approach to the AML program to the detriment of your organization. Learn more about the elements that go into making solid SAR decisions. In addition, this program will include a review of the new SAR and its new data fields.

Agenda

Speakers

Deborah Crawford, Gettechnical Inc.

Deborah Crawford is the President of Gettechnical Inc., a Virginia/Florida based firm, specializing in the education of financial institutions across the nation. Her 30+ years of experience began at Hibernia National Bank in New Orleans. She graduated from Louisiana State University with both her bachelor’s and master’s degrees.

Debbie specializes in the education of financial institution employees and officers in the areas of deposit account laws, new account documentation, insurance, complex compliance regulations, and IRAs.

Location

Fees

$259.00 

Additional Info

Event Type

On-Demand Webinar

Topics Covered

  • On-Demand Webinars
  • Member Service
  • Lending & Collections
  • Fraud, Security & Technology
  • Compliance