2021 BSA Officer and Staff Annual Update and Review Seminar OnDemand with Live Streaming

Attend the BSA Officer and Staff Annual Review Seminar from the convenience of your own office via Live Streaming Video as it happens on Wednesday, February 24th (9:00 am - 4:00 pm Central Time), or at your own convenience with 6 months of OnDemand playback.

All day virtual training for BSA Officers and staff for 2021 is a must this year! National Defense Authorization Act provides that the government will build a database for beneficial ownership. Does this in any way change your responsibilities? Not today but maybe in the future.

With everything going on you won’t want to miss this opportunity to get your BSA training in for 2021. COVID 19 fraud and FinCEN advisories are keeping us busy with SAR filing requirements. Currency Transaction rules on businesses are still pending and lots of changes in the transaction monitoring area. Plus, you can only imagine the challenges institutions are having with online account opening and identification processes as we change our Customer Identification Programs to open accounts when we are not face to face. Its going to be a big, busy year with many new types of customer services, fraud and CIP Procedures.

Seminar Overview:

  • National Defense Authorization Act—BSA Implications for Beneficial Ownership, CTRs and SARs
  • Managing risk assessments, internal controls, audit and training
  • Beneficial ownership issues and changes
  • Customer Identification Program and Customer Due Diligence
  • OFAC
  • SAR Reporting and Decision Making
  • Currency Transaction Reporting
  • 314 A and 314 B
  • Funds Transfers and Monetary Instrument Rules
  • COVID 19 Fraud
  • Virtual Currency Issues
  • Geographic issues
  • Cyber Crimes, Elder Fraud, Human Trafficking and Human Smuggling
  • Challenges when you open accounts online

This is part one of a three part series. Find complete series information Here: 3 Day Deposit, BSA and Account Opening Update and Review Seminar OnDemand with Live Streaming

Training Day Agenda (Subject to Change)

  • 9:00-10:15am
    • Content followed by a 15 minute break and Q&A
  • 10:30-12:00pm
    • Content followed by a 45 minute lunch break and Q&A
  • 1:00-2:15pm
    • Content followed by a 15 minute break and Q&A
  • 2:30-4:00pm
    • Remaining content and final Q&A

Who Should Attend?

BSA Officers and Staff, Bank Management and Board of Directors