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Re-Formulating your AML/CFT Program: What Does FinCEN’s Proposed Rule Mean for BSA Compliance and Your Institution?

FinCEN's recent proposal on overhauling the AML/CFT program requirements promises a major impact on how regulated institutions formulate their BSA/AML responsibilities. We'll explore the proposal and discuss what to do to prepare.
Upcoming
DATE

Wednesday, September 9, 2026
11:00 am - 1:00 pm

INSTRUCTOR

Carl Pry

FORMAT

Webinar

CREDIT TYPE

2.5 CRCM Credits

$299.00 or 1 Token

Includes: Live Access, 30 Days OnDemand Playback, Presenter Materials and Handouts

  • Artificial Intelligence (AI)
  • Auditing
  • BSA
  • Compliance
  • Fraud
  • General Compliance
  • Risk Management/Legal
  • Transaction Compliance
  • Bank Legal Counsel
  • Bank Secrecy Act Officer/BSA Specialist
  • Compliance Officer
  • Internal Auditor
  • Risk Manager
  • Security Officer
  • Senior Management

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FinCEN and the banking regulators have recently proposed a major re-write of the AML/CFT program requirements. This proposal, which has a very high likelihood of being finalized much as proposed, will cause every regulated financial institution to take a fresh look at their program, how they do things, and refocus on how their BSA/AML tasks are performed. We'll delve deeply into the proposal and discuss what it means, and what to do to prepare for the changes.

This proposal is part of the AML Act, so we've known its coming for some time. But it memorializes the requirement to perform a risk assessment, refocuses compliance efforts on high-risk areas, and involves FinCEN much more into the regulatory process, among other changes. We'll make sure you have the information you need to meet expectations and plan for the changes in your program.

What You'll Learn

  • Consolidation of the rules into a single standard applicable to all institutions
  • Providing for "greater flexibility" and focus on high-risk areas
  • Inclusion of federal AML/CFT priorities
  • FinCEN's role in the supervisory process
  • Assuring the "effectiveness" of your AML/CFT program - this is primary!
  • Establishment" and "maintenance" of your program - what does this mean?
  • Changes to the 4 pillars of BSA/AML compliance

    • Who Should Attend

    Anyone involved in financial crimes compliance.
    Carl Pry

    Instructor Bio


    Carl Pry is a Certified Regulatory Compliance Manager (CRCM) and Certified Risk Professional (CRP) who is a Senior Advisor for Asurity Advisors in Washington, DC. Through his more than 35-year working career, as well as through his experience as a banking attorney and officer, he has provided a variety of regulatory compliance and financial performance services to financial institutions and other clients throughout the country. He has written extensively regarding consumer and commercial compliance, tax, audit, and financial institution legal issues, and is a frequent contributor to and currently serves as the Chair of the Editorial Advisory Board for the ABA Bank Compliance magazine. He has spoken at scores of banking, compliance, and state bar associations, and has conducted training sessions for financial institutions across the country.


    Continuing Education Credit Information

    Re-Formulating your AML/CFT Program: What Does FinCEN’s Proposed Rule Mean for BSA Compliance and Your Institution? has been approved for 2.5 CRCM credits. This statement is not an endorsement of this program or its sponsor. Credits are redeemable for both Live and OnDemand viewing. For questions on certificates, please email support@oncourselearning.com. Certification holders must report these credits at https://aba.csod.com.

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