CTR Line-by-Line: Accuracy & Insight

Compliance Frontline & New Accounts Operations Security & Fraud

On-Demand Webinar

StreamedJan 26, 2023Duration90 minutes

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

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Garner CTR acumen and expertise with this line-by-line look at the form.

Do you understand aggregation and know when to use “unknown”? Learn more about FinCEN’s requirements and guidance. This detailed review will bring you newfound insight, increase reporting accuracy, and ensure compliance.

AFTER THIS WEBINAR YOU’LL BE ABLE TO:

Understand the difference between aggregate and multiple transactions
Know the two options for reporting transactions of a sole proprietorship
Explain when separate transactions should be aggregated
Distinguish between when “unknown” should and should not be used
Report multiple cash-in and cash-out transactions on a single CTR

WEBINAR DETAILS

Whether you are new to CTRs or have some experience, little nuances and off-pattern scenarios can cause confusion. This webinar will guide you through the report process by explaining each section, incorporating FinCEN’s own instructions, FAQs, and guidance. Accurately completing the CTR not only provides vital information for law enforcement, but also keeps your institution out of trouble with the regulators. Join us to gain valuable insights into the CTR reporting process.

WHO SHOULD ATTEND?

This informative session is designed for BSA staff, anyone responsible for any aspect of CTR reporting, branch management, compliance personnel, and auditors.

TAKE-AWAY TOOLKIT

Sample CTR reporting policy
CTR cheat sheet
Internet links to helpful resources
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 institution is prohibited. Print materials may be copied for eligible participants only.