Tellers and Customer Service Representatives play a crucial role when it comes to developing a customer’s risk profile.  They are on the frontline working directly with the customer which gives them the ability to ask questions.  Knowing what to ask and when are vital to your BSA/AML program.

Kevin explains more in the video.

Ready to learn more?  JOIN US for our webinar, “BSA for Tellers & Customer Service Representatives”.  Featured topics include:

• Customer Identification Program
• Account Opening Customer Due Diligence
• Identifying Unusual Activity and Asking the Right Questions
• Performing & Documenting Customer Due Diligence
• Identifying, Verifying and Certifying Beneficial Owners of Legal Entity Customers
• Ongoing Customer Due Diligence and Updating the Customer Risk Profile
• Currency Transaction Reports & Monetary Instruments
• Suspicious Activity Reporting Requirements

Published
2022/02/11

With the rapid growth of cryptocurrencies and other virtual assets, regulators are working to update the requirements for financial institutions to help mitigate the associated risks. 

Your BSA/AML Program will need to evolve with these changes, and we can help keep you up to date!

Join us for our webinar, “BSA/AML: Crypto/Virtual Currency,” where we will cover all of the following:

• Crypto Lingo Crash Course: Exchanges, Miners, Tumblers, etc.
• Understanding and Assessing the Risks
• Updating Your BSA/AML Program
• Customer Due Diligence: What Questions Should You Be Asking?
• Ongoing Customer Due Diligence and Updating the Customer Risk Profile
• Enhanced Customer Due Diligence
• Is This Crypto Business A Money Service Business?
• Red Flags for Virtual Currency Abuse and Spotting Unusual Activity

Published
2022/02/07

The idea behind having a BSA Risk Assessment is to break down your bank’s BSA/AML risks into smaller, more manageable parts.  There is no specific methodology which means that each bank’s risk assessment can, and likely will, look different.  No two banks are the same.  The BSA Officer and your BSA Team play a crucial role in developing and updating your risk assessment.

Kevin explains more in the video.

Ready to learn more?  JOIN US for our webinar, “Bank Secrecy Act Officer/Team Responsibilities”.  Featured topics include:

• Current Events and Hot Topics
• Updates on AML Reform and the New Exam Manual
• BSA/AML & OFAC Risk Assessments
• Program Requirements (Controls, Testing, Training, Officer & CDD)
• Customer Identification Program
• Customer Due Diligence (Including the Beneficial Owner Rule)
• Currency Transaction Reports & Exemptions
• Suspicious Activity Reporting Requirements
• OFAC, 314(a) and 314(b) Requirements

Published
2022/02/07

Be sure to JOIN US for our webinar, “BSA/AML: Crypto/Virtual Currency.”

Crypto/Virtual currency is growing by leaps and bounds and is becoming more prevalent and mainstream.  If you haven’t seen it pop up yet at your institution, it’s probably only a matter of time.  If you haven’t conducted a risk assessment from a BSA/AML perspective, it’s something you are going to want to do.  Management needs to be aware of the potential risks as well as how to mitigate those risks as you move forward.

Kevin discussed crypto/virtual currencies at our January Monthly Connection.  Here is a short clip from that discussion.

ONE HOUR TRAINING

Featured Topics: 

• Crypto Lingo Crash Course: Exchanges and Miners and Tumblers, Oh My!
• Understanding and Assessing the Risks
• Updating Your BSA/AML Program
• Customer Due Diligence: What Questions Should You Be Asking?
• Ongoing Customer Due Diligence and Updating the Customer Risk Profile
• Enhanced Customer Due Diligence
• Is This Crypto Business A Money Service Business?
• Red Flags for Virtual Currency Abuse and Spotting Unusual Activity 

Designed for BSA/AML officers, teams, management, compliance officers, auditors, and other risk management personnel.

(1.25 Continuing Education credit hours)

PRESENTERS LIVE ON VIDEO!

NO CHARGE FOR ADDITIONAL LOCATIONS!