BSA Officer Part 1: BSA Update for BSA Officers

This session will highlight critical BSA issues that present high risk and attract examiner attention, including fraud trends, cryptocurrency activity, and P2P payment scams. Learn how to strengthen your programs to address AI-driven risk detection, integrate the latest SAR reporting guidance from FinCEN, and manage ongoing regulatory change. Get best practices for BSA change management and communication, so you can effectively inform staff and boards about evolving compliance responsibilities.

The world of BSA is constantly evolving. This session will address current and pending BSA regulatory issues that bring the highest risk and are most often cited by examiners. This includes identifying and reporting fraud, preparing programs for the use and identification of AI, and incorporating SAR reporting guidance from FinCEN into policies and procedures. In addition, the program will focus on high-risk BSA topics, including cryptocurrency and P2P payment scams. We will also discuss the change management process for BSA and detail best practices for how to keep staff and the board apprised of BSA changes. 

NOTE: All materials are subject to copyright. Transmission, retransmission, or republishing of any webinar to other institutions or those not employed by your institution is prohibited. Print materials may be copied for eligible participants only.