Avoiding BSA Compliance Violations - Details

Avoiding BSA Compliance Violations

 (90-minute webinar – recording also available)

Tuesday, December 1, 2020

12:00 PM Pacific       1:00 PM Mountain

2:00 PM Central       3:00 PM Eastern

Beef up your BSA program by learning lessons from other institutions’ mistakes.  Compliance has become even more important as regulators are now penalizing individuals responsible for AML program deficiencies.  Your institution is expected to create a culture of compliance.  Learn how. 

AFTER THIS WEBINAR YOU’LL BE ABLE TO:

• Avoid compliance violations by learning from others’ mistakes
• Mitigate compliance risks with internal controls and processes
• Convey to stakeholders, management, and the board why a “culture of compliance” is not only desirable, but expected
• Distinguish actual violations of laws and regulations from recommendations made by examiners and auditors
• Explain how regulators are issuing penalties against those responsible for AML program deficiencies
• Recommend important changes to your BSA/AML program, or confidently describe why the existing program sufficiently addresses compliance risks

WEBINAR DETAILS

Everyone wants a comprehensive, risk-based approach to their BSA/AML program.  A good way to determine what regulators and auditors will examine is to learn why other institutions have been cited and fined.  Their shortcomings can become your to-do list. Use those fines and publicly announced enforcement actions to drive changes and obtain high-level buy-in – and within all organizational levels.

This webinar will also address:

• Consequences when an institution fails to comply with a Cease and Desist Order or Examination Findings
• Keeping up on emerging trends in financial crime and proceeds of criminal activity, such as COVID-19 fraud schemes
• Why you must update your risk assessment and internal controls for new products and services
• Examiner expectations regarding the institution’s role in preventing money laundering and terrorist financing

WHO SHOULD ATTEND?

This informative session is designed for BSA officers, managers, compliance personnel, auditors, and staff who identify, investigate, and report fraud and BSA-related activities. 

TAKE-AWAY TOOLKIT

• List of current guidance and advisories with SAR “key phrases”
• Summaries of enforcement actions
• Checklist of updated BSA examination directives
• Employee training log
• Interactive quiz

DON’T MISS THESE RELATED WEBINARS!

Leveraging BSA Controls for More Effective OFAC Compliance
on Wednesday, May 13, 2020 

Risk Officer Series: Advanced BSA Officer Training:
Risk, Compliance & Real-Life Scenarios
on Tuesday, October 27, 2020 

     MEET THE PRESENTER - 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 25 years’ compliance experience.  Before starting 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 advising on state and federal legislative issues that affect financial institutions.

THREE REGISTRATION OPTIONS – WHAT YOU GET

1. Live Webinar Includes

• Unlimited connections within your institution to the Live Webinar
• Handout and Take-Away Toolkit
• Available on desktop, mobile & tablet
• Presenter’s contact info for follow-up 

2. Recorded Webinar Includes

• Recording of the Live Webinar
• Available two business days following Live date
• Handout and Take-Away Toolkit
• Available on desktop, mobile & tablet
• Free Digital Download, yours to keep
• Share link with anyone at your institution
• Presenter’s contact info for follow-up

3. Purchase the BOTH Option to receive all the benefits listed above! Full registration descriptions can be found here.

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.

AFFORDABLE, PROFESSIONAL TRAINING, WHEN AND WHERE YOU CHOOSE