FinCEN SAR Advisory Update & Handling Increasing Fraud - Details

FinCEN SAR Advisory Update & Handling Increasing Fraud

(90-minute webinar – recording also available)

Tuesday, June 15, 2021

This is a morning webinar

8:00 AM Pacific        9:00 AM Mountain

10:00 AM Central     11:00 AM Eastern

As if COVID hasn’t caused enough suffering, fraudsters are piling on COVID-related scams at an alarming rate.  Of course, they are also keeping up with their regular bag of tricks.  FinCEN has issued advisories regarding fraud and reporting.  Attend this timely webinar to ensure you can properly complete the SAR fields and narrative in fraud situations. 

AFTER THIS WEBINAR YOU’LL BE ABLE TO:

• Understand how recent FinCEN advisories impact the SAR filing procedures
• Use provided tools to track advisory requirements and increase SAR accuracy
• Identify red flags for emerging fraud areas and determine when filing a SAR is necessary
• Write an effective SAR narrative containing all required components detailed in recent advisories and guidance
• Correct errors on previously filed reports

WEBINAR DETAILS

Pandemic-related fraud is on the rise.  A number of familiar schemes with a COVID-19 slant have resurfaced with a vengeance!  In its first guidance early in the pandemic and in many additional advisories since, FinCEN has advised us to be alert. 

But just because there’s an uptick in pandemic-related fraud, that doesn’t mean the “old” types have slowed down.  SAR filings remain high for suspicious activity related to virtual currency, elder financial exploitation, marijuana-related businesses, and cyber incidents.  This jam-packed session will review FinCEN’s related reporting guidance.  You’ll learn how to properly complete the SAR fields in these situations and how to ensure your SAR narrative contains the elements needed to best assist law enforcement.  Participant materials will include procedures and best practices for determining when to file, SAR completion, and what to do after a filing.

WHO SHOULD ATTEND?

This informative session is designed for BSA officers, compliance officers, security officers, and anyone responsible for managing your BSA/AML program.  

TAKE-AWAY TOOLKIT

• Easy reference chart for recent FinCEN SAR-filing guidance
• Sample SAR completion procedures
• Suspicious activity report frequently asked questions
• SAR review checklist
• Sample suspicious incident report
• Employee training log
• Interactive quiz 

DON’T MISS THESE RELATED WEBINARS!

Advanced SAR Training: Beyond the "Textbook"

on Monday, October 5, 2020

SAR Decision-Making

on Wednesday, October 6, 2021 

    MEET THE PRESENTER - Dawn Kincaid, Brode Consulting Services, Inc.

Dawn Kincaid began her banking career while attending The Ohio State University.  She has over 20 years’ experience in client service, operations, information technology, administrative and board relations, marketing, and compliance.  Most recently Dawn served as the Senior Vice President of Operations for a central-Ohio-based community bank, where she created and refined policies and procedures, conducted self-audits and risk assessments, and organized implementation of new products and services.  Dawn has served in the roles of Compliance, BSA/AML, CRA, Privacy, and Security Officer.  She has led training initiatives, prepared due diligence information, completed a variety of regulatory applications, coordinated internal and external audits and exams, and presented for numerous state associations.

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