Friday
Apr 24
2020

BSA Compliance Requirements During the COVID-19 Challenge

Registration Options & Pricing

Please select your membership status.


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 bank
  • Presenter’s contact info for follow-up
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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

WEBINAR DETAILS

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.

TAKE-AWAY TOOLKIT

  • Sample BSA risk assessment updated to address COVID-19
  • Spreadsheet to track pandemic-related BSA program changes
  • Employee training log

DON'T MISS THESE RELATED WEBINARS!

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

"Avoiding BSA Compliance Violations"
Tuesday, December 1, 2020

"BSA High-Risk Customers: Identifying, Enhanced Due Diligence & Monitoring"
Wednesday, January 8, 2020
Available Now

 

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.

MEET THE PRESENTER

Brode Consulting Services, Inc.
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