Are you in need of annual BSA/AML Training and would like the flexibility to build your own one-day or half-day training? We have what you need! This training package would be delivered virtually on the date of your choosing, subject to approval, and built based on your needs. You would receive a recording of the event for future playback. Simply choose how long you would like the training to be – full-day (6 hours) or half-day (3 hours) – and the topics you would like covered from the list below.
By purchasing this product, you agree to these terms and conditions.
If you would like to learn more, discuss these topics, or have additional topics you would like to request, please use the “Contact Us” form at the bottom of this page. Please include your preferred topics and time frame.
Introduction to BSA
314(a) and 314(b)
All About Cannabis (including Marijuana/Hemp/CBD)
Beneficial Ownership Recent Guidance/Shell/Shelf Companies
BSA Recent News
30 – 60 minutes
Beneficial Ownership (Shell/Shelf Companies, Pandora Papers, Latest FinCEN Updates)
Cannabis Considerations (Marijuana, Hemp, CBD and Various New Drug Concerns)
CIP (Customer Identification Program) Basics
Conducting Customer Reviews – Basics
COVID – Fraud & Cyber Crime
Customer Onboarding (CIP/Synthetic ID Theft/Risk Considerations – Customer, Products, Services, Geographies, CDD/EDD)
Deep Dive into Risk Assessments (What are they? What should be included? What types of risk do you consider? High Risk Customer Management and Understanding and Evaluating Your Data))
Exam Manual Updates
Human Trafficking (Defined/Victim Stories/Case Study/Red Flags for Branch Personnel/Back Office/BSA Monitoring)
30 – 60 minutes
Fintechs/Payments and Impact on Banking
Lessons Learned from Recent BSA/OFAC Consent Orders
Monetary Instruments/Funds Transfers – Basics
Monitoring Basics & Software/Data Overview
Overview of OFAC
Overview of Virtual Currency (Definitions/Guidance/ Concerns/Monitoring Considerations)
Writing Effective SARs & Partnering with Law Enforcement
There are no reviews yet.