BSA: Is Your Customer Hiding Money?

BSA Red Flags for Money Laundering

During this program, we will look at the professionals who help the criminal enterprise.

Sometimes a single individual and sometimes a business that will launder the proceeds of crime. FATF released in 2018 a report on these businesses that will help you detect and identify these businesses in your banks. From A to Z on how these business work and the techniques they employee to move illicit funds.

The "BSA: Is Your Customer Hiding Money? " has been approved for 2 CAMS credits. Credits are redeemable for Live attendance only. Users must connect to the streaming individually and enter their name and email for reporting purposes. Accreditation is valid for one year from the date of the event. 

Covered Topics

  • Characteristics of Professional Money Laundering
  • Specialized services and business models
  • Types of dedicated ML Organizations:
    • Money Mules
    • Digital Money and Virtual Currency
    • Networks
  • Mechanisms that are used
    • Trade Based Money Laundering
    • Account Settlements
    • Underground banking
  • Criminal Service Providers
    • Banks
    • Lawyers
    • Payment Processors

Who Should Attend?

Who should attend? BSA Officers, BSA Investigators, SAR Reporting Staff, Compliance, Security and Training.