BSA/AML 2014 Update & Expectations

In the mid-2000s Bank Secrecy Act and Anti-Money Laundering (BSA/AML) was the most critical compliance topic in all financial institutions. Enforcement has seen a comeback, especially when considering penalty amounts. Expectations have increased, and there are new critical risk areas to consider. As well, the rules could soon change, further changing the landscape. This session will focus on these new developments and point out various risks to consider.

Covered Topics

  • BSA/AML Renewed Emphasis
  • BSA/AML Program Expectations
  • Where is the Risk?
  • What Does the Future Hold?

Who Should Attend?

Anyone in the institution having compliance responsibilities - when you think about this, it could be just about anyone in the institution. This may include members of senior management, operations personnel, lending personnel, underwriters, customer service representatives, back-room personnel, and of course compliance officers, auditors, and attorneys, and anyone else in the institution that might benefit from this valuable information.

The biggest value of the series..."Ability to have someone explain in plain English what is going on." Christine G., Bank Fund Staff Federal Credit Union