2022 BSA/AML Lender Training

Description

All financial institutions are required to provide BSA/AML training tailored to each department’s job functions. AML-ology has created a BSA/AML training that enables you to give your lenders an overview of the basics of BSA and understand their role in preventing money laundering and terrorist financing within your institution.

Since all the departments of financial institutions need the same basic material, the slides are similar in nature with a specific focus for Lenders. However, in the recorded/live presentation, our trainer will tailor the entire slide deck to the Lenders’ responsibilities as compared to the Front-Line or Back Office.

What is Included?

Note: Divider Slides are not included in the slide count.

BSA Overview

• Introduction to BSA/ML/TF – 5 Slides
• Requirements of BSA including SARs/CTRs – 2 Slides
• The Importance of SARs – 1 Slide
• FFIEC Exam Manual/5 Pillars of BSA – 4 Slides
• Identity Theft/Synthetic ID Theft – 3 Slides

AML Act of 2020 – 2 Slides

Beneficial Ownership

• Introduction – 1 Slide
• Shell & Shelf Companies – 4 Slides
• Pandora Papers – 6 Slides
• “Acres of Money Laundering” – Report on Money Laundering in Real Estate – 3 Slides

Red Flags for Lenders – 4 Slides

2022 Hot Topics – 1 Slide Each Subject

• Data
• Cyber Security
• Virtual Currency
• Cannabis
• Source/Purpose of Funds

Consent Orders – 5 Slides

OFAC

• Overview – 2 Slides
• Consent Order Example – 2 Slides

Russian Sanctions – 2 Slides

Conclusion

• Questions – 1 Slide
• Company Overview – 3 Slides
• Speaker Contact Information – 1 Slide