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CTR Line-by-Line: Accuracy & Insight

Jan 26 2:00 PM - Jan 26, 2023 3:30 PM
Jan 26, 2023 2:00 PM - 3:30 PM
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Garner CTR acumen and expertise with this line-by-line look at the form. Do you understand aggregation and know when to use “unknown”? Learn more about FinCEN’s requirements and guidance. This detailed review will bring you newfound insight, increase reporting accuracy, and ensure compliance.

Learning Objectives

  • Understand the difference between aggregate and multiple transactions
  • Know the two options for reporting transactions of a sole proprietorship
  • Explain when separate transactions should be aggregated
  • Distinguish between when “unknown” should and should not be used
  • Report multiple cash-in and cash-out transactions on a single CTR

Whether you are new to CTRs or have some experience, little nuances and off-pattern scenarios can cause confusion. This webinar will guide you through the report process by explaining each section, incorporating FinCEN’s own instructions, FAQs, and guidance. Accurately completing the CTR not only provides vital information for law enforcement, but also keeps your institution out of trouble with the regulators. Join us to gain valuable insights into the CTR reporting process.

Agenda

Speakers

Mary-Lou Heighes, Compliance Plus, Inc.

Mary-Lou Heighes is President and founder of Compliance Plus, Inc., which has assisted financial institutions with the development of compliance programs since 2000. She provides compliance training for trade associations and financial institutions. Mary-Lou has been an instructor at regulatory compliance schools, conducts dozens of webinars, and speaks at numerous conferences throughout the country.

Involved with financial institutions since 1989, Mary-Lou has over 30years’ compliance experience. Beforestarting Compliance Plus in 2000, she spent five years working as a loan officer, marketer, and collector.She also worked at a state trade association for seven years providing compliance assistance and advisingon state and federal legislative issues that affect financial institutions.

Location

Fees

$259.00 

Live and recorded webinar, handouts, quiz with answer key and training log are included.

Your registration includes unlimited locations, making it easier to share and learn with remote staff.

Please note: You may share the link with others at your credit union, however the confirmation will be sent to one primary contact at your credit union. It will be up to the primary contact to share the material with others.

Additional Info

Event Type

Webinar

Topics Covered

  • Compliance
  • Operations
  • Executive Management
  • Live Webinars