BSA High-Risk Customers:
Identifying, Enhanced Due Diligence & Monitoring
(90-minute webinar – recording also available)
Wednesday, January 8, 2020
12:00 PM Pacific 1:00 PM Mountain
2:00 PM Central 3:00 PM Eastern
With BSA, the higher the risk, the more due diligence and monitoring that are necessary. Have you identified your high-risk customers and products? Are you conducting enhanced due diligence as required?
AFTER THIS WEBINAR YOU’LL BE ABLE TO:
- Create a proper customer risk profile and properly assign risk ratings
- Distinguish which customers should be deemed higher risk
- Determine the appropriate due diligence required at account opening and later throughout the relationship
- Explain when a high-risk customer or product can be reduced to a moderate or low risk
- Conduct a BSA/AML quantity of risk assessment for your institution
WEBINAR DETAILS
BSA/AML compliance programs are always a hot button with examiners and are even more important now. All institutions must use a risk-based approach to ensure their policies, procedures, and processes are commensurate with the risk associated with particular customers or products. This webinar will explain how to identify and assess the risk – low, medium, or high – associated with customers and products. You’ll learn the additional steps to conduct the “enhanced” due diligence required for higher-risk customers and the customer and product due diligence necessary for ongoing monitoring.
WHO SHOULD ATTEND?
This informative session will benefit all account opening personnel, compliance staff, BSA and security officers, operations department staff, auditors, and managers.
TAKE-AWAY TOOLKIT
- FFIEC BSA/AML manual’s Quantity of Risk Matrix
- Employee training log
- Interactive quiz
DON’T MISS THESE RELATED WEBINARS!
The Changing Face of BSA Administration:
What BSA Officers & Management Must Know
on Wednesday, December 11, 2019
BSA Special Risks: Policy, Law Enforcement & Regulator Issues
on Wednesday, November 20, 2019
 MEET THE PRESENTER
Elizabeth Fast, JD, CPA, Spencer Fane LLP
Elizabeth Fast is a partner with Spencer Fane LLP where she specializes in the representation of financial institutions. Elizabeth is the head of the firm’s training division. She received her law degree from the University of Kansas and her undergraduate degree from Pittsburg State University. In addition, she has a Master of Business Administration degree and she is a Certified Public Accountant. Before joining Spencer Fane, she was General Counsel, Senior Vice President, and Corporate Secretary of a $9 billion bank with more than 130 branches, where she managed all legal, regulatory, and compliance functions. She is a member of the Missouri State Banking Board by appointment of the Governor.
Please note: The live webinar option allows you to have one internet connection (from a single computer terminal). You may have as many people as you like listen and watch from your office computer.
THREE REGISTRATION OPTIONS
Note: All materials are subject to copyright. Transmission, retransmission, or republishing this webinar to other institutions or those not employed by your financial institution is prohibited. Print materials may be copied for eligible participants only.
- LIVE WEBINAR
The live webinar option allows you to have one internet connection from a single computer terminal. You may have as many people as you like listen and watch from your office computer. Registrants receive a website address and passcode that allows entrance to the seminar. The session will be approximately 90 minutes, including question and answer sessions. Seminar materials, including instructions, passcode, and handouts will be emailed prior to the broadcast. You will need the most current version of Adobe Reader available free at www.adobe.com.
- RECORDED WEBINAR + FREE DIGITAL DOWNLOAD
Can’t attend the live webinar? This option provides a recording of the live event, including audio, visuals, and handouts. We even provide the presenter’s email address for follow-up questions. You will receive an email with the recorded webinar link, which can be viewed anytime 24/7, beginning 6 business days after the webinar. You will also receive instruction on how to download a free digital copy of the webinar to your PC, which you may keep and use indefinitely.
The recorded webinar may ONLY be ordered for 6 months following the live webinar. In addition, the download must be completed within 6 months of the live webinar date.
- BOTH LIVE WEBINAR & RECORDED WEBINAR + FREE DIGITAL DOWNLOAD
Options 1 and 2 described above.
AFFORDABLE, PROFESSIONAL TRAINING, WHEN AND WHERE YOU CHOOSE
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