BSA Officer Reports to the Board

Compliance Directors Security & Fraud Senior Management

On-Demand Webinar

StreamedFeb 8, 2022Duration90 minutes

Unlimited and shareable access
two business days after live streaming
Available on desktop, mobile & tablet devices 24/7
Take-away toolkit
Ability to download webinar video
Presenter's contact info for questions

See Registration Options

BSA officers play a vital role in the wellbeing of each financial institution.

Although the buck stops with the board, the board relies on BSA officers and management to provide the necessary information. Are you confident in your reporting process? Join us to learn best practices and walk away with a sample BSA board report.

AFTER THIS WEBINAR YOU’LL BE ABLE TO:

Understand directors’ BSA responsibilities
Develop a comprehensive, ongoing BSA training program for the board
Explain your institution’s current BSA/AML risks and the impact of pending BSA regulations and changes
Create detailed board reports using the provided templates
Identify key details examiners will look for in board reports

WEBINAR DETAILS

Ultimate responsibility for your BSA program rests with the board. Recent BSA enforcement actions have cited lack of board and management oversight as a significant violation. But since directors don’t oversee day-to-day operations, they must rely on information provided by the BSA officer and management to make the strategic, risk-based decisions needed to maintain compliance and avoid costly incidents of fraud.

BSA officer and board communication starts with effective initial and ongoing training and continues with periodic reporting regarding your BSA program and the ever-changing regulatory environment. This webinar will address appropriate training content, the frequency and type of reporting, and the details directors need most for decision-making and to enhance their understanding of your institution’s BSA/AML risks.

WHO SHOULD ATTEND?

This informative session will benefit BSA/AML officers and senior management.

TAKE-AWAY TOOLKIT

Sample BSA board report
Director training documentation
Employee training log
Interactive quiz
PDF of slides and speaker’s contact info for follow-up questions
Attendance certificate provided to self-report CE credits

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.