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Audit Compliance Series:
Auditing for BSA Compliance

Registration Options and Pricing

Please select your membership status.

Tuesday, August 23, 2016

12:00 pm – 1:30 pm PT
1:00 pm – 2:30 pm MT
2:00 pm – 3:30 pm CT
3:00 pm – 4:30 pm ET

BSA is comprised of four pillars:

  1. Designated BSA officer
  2. Development of internal policies, procedures, and controls
  3. Annual training of all employees and the board
  4. Independent testing and review

This webinar will provide the necessary tools to address the fourth pillar. Do you understand the scope and procedures necessary to ensure a comprehensive, risk-based audit program? This webinar will ensure your BSA audit is comprehensive and meets regulatory guidelines (whether you are conducting the audit or are the BSA officer monitoring whether a strong audit is performed).

This webinar will include resources to effectively test the adequacy of your BSA program. It will include a review of your BSA risk assessment and risk profile, the adequacy of the identification of higher-risk accountholders and transactions, and transaction testing of monitoring systems.

Continuing Education: Attendance verification for CE credits upon request

HIGHLIGHTS

  • How to get started with an audit game plan – from the examiners’ viewpoint
  • Making the audit risk-based
  • How to test down to the transaction level – including different transactional testing checklists
  • Determining whether your anti-money laundering program is adequate
  • What and how to report to the board
  • Handling third-party BSA audits

  • TAKE-AWAY TOOLKIT
    • BSA policy checklist
    • Sample BSA request memo
    • Transactional testing checklists for CIP, CTRs, cash aggregation, higher-risk accountholders, information sharing 314(a) & 314(b), funds transfers, SARs, privately-owned ATMs
    • Employee training log
    • Quiz you can administer to measure staff learning and a separate answer key

WHO SHOULD ATTEND?

This must-attend session is directed to BSA officers, compliance officers, senior management, and internal staff who conduct audits.

PLEASE NOTE:    Webinar content is subject to copyright and intended for your individual financial institution’s use only.