This is a morning webinar.
8:00 am – 9:30 am PT
9:00 am – 10:30 am MT
10:00 am – 11:30 am CT
11:00 am – 12:30 pm ET
Has COVID-19 impacted your BSA procedures? Are your accountholders more prone to fraudulent attacks? What is the “new” normal during and after this pandemic? Join us to learn how to stay in compliance with existing and developing BSA requirements amid the COVID-19 crisis.
AFTER THIS WEBINAR YOU’LL BE ABLE TO:
- Navigate CDD requirements
- Develop a contingency plan for your AML monitoring program
- Update policies, procedures, and risk assessments to comply with recent regulatory guidance
- Document exceptions to BSA policy and procedures to avoid examination scrutiny
- Identify red flags for common COVID-19-related scams and recognize when a SAR may be warranted
In a few short weeks COVID-19 has dramatically changed our daily lives. Your accountholders have been forced to change how they conduct even the most basic banking transactions. Many branch lobbies are closed to everyday traffic, employees are working remotely, and in some cases, accountholder activities are shifting toward a “new” normal. Amid of all this, your institution is still required to adhere to BSA requirements and ensure the five pillars supporting your BSA program hold strong despite the chaos.
Join this jam-packed session to learn how the COVID-19 pandemic and related regulatory orders and guidance have affected BSA compliance. It will address policy and risk assessment considerations, proper CIP exception documentation, what to do if reports can’t be filed on time, and how to protect accountholders from potential scams and report suspected fraud. You’ll learn the latest regulatory guidance, plus tips and best practices to navigate today’s unique challenges.
Attendance certificate provided to self-report CE credits.
WHO SHOULD ATTEND?
This informative session is designed for BSA officers, compliance officers, new accounts personnel, and branch managers.
- Sample BSA risk assessment updated to address COVID-19
- Spreadsheet to track pandemic-related BSA program changes
- Employee training log
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Wednesday, January 8, 2020
NOTE: All materials are subject to copyright. Transmission, retransmission, or republishing of any webinar to other institutions or those not employed by your financial institution is prohibited. Print materials may be copied for eligible participants only.