BSA Exam Manual Series

This webinar will focus on the first section of the BSA exam manual. It will encompass the risk assessment, compliance program, internal controls, audit, BSA officer, and training. New AML program rules will affect the risk assessment process and add risk assessments to the regulation. The AML/CFT program rules will change the title of the BSA officer and make other exciting changes to the pillars.

This webinar will cover the CIP, CDD, and high-risk customers sections of the FFIEC’s BSA/AML Examination Manual line-by-line. It will provide in-depth information on how to know and manage accountholders. Learn how regulators think about risk rating accountholders and move them up and down in risk. A key component to your overall program is to identify and develop a baseline for each accountholder. This component then allows you to adequately monitor and respond to alerts in their behavior.

This webinar will cover everything in the exam manual related to CTRs and SARs. From national security letters to CTR exemptions, this program will provide a comprehensive look at what regulators will examine. The CTR has some regulator “hot spots” and the exemption process is key to successful CTR management. The SAR is a key tool for law enforcement, and good decision-making is key to filing and continuing to track suspicious activity. Join us for an in-depth look at suspicious activity monitoring and SAR filing.

This session will cover recordkeeping requirements, OFAC, and working with law enforcement. It will look at key aspects of the examination and the pitfalls of these areas of the BSA exam. In addition to the recordkeeping requirements, this webinar will look at OFAC management and compliance program and procedures. You’ll learn how to avoid sanctions and maintain a good examination process for OFAC.