BSA Officer Training

This training agenda covers various topics, from foundational BSA principles to practical implementation, risk assessments, and staying current with emerging trends. It ensures that BSA Officers are well-equipped to fulfill their role in compliance with current federal regulations.

BSA and AML Regulations

• Overview of BSA and Its Purpose
• Regulatory Framework
• BSA Officer's Role and Responsibilities

Core Components of BSA Compliance

• Customer Identification Program (CIP) (MIP)
• Currency Transaction Reports (CTRs) and Suspicious Activity Reports (SARs
• Recordkeeping and Reporting

BSA and AML Risk Assessments

• Risk Assessment Framework
• OFAC Compliance

Implementing an Effective BSA / AML Program

• Developing Internal Policies and Procedures
• Training and Education
• Audits, Examinations, and Reporting
• Creating Culture of Compliance

Emerging Trends and Best Practices

• Emerging BSA / AML Trends
• Best Practices and Case Studies
• Questions & Answers
• Wrap-up

Who should attend?

This seminar is appropriate for anyone who is responsible for your BSA / AML program, especially designated officers, risk managers, compliance / operations / administration executives, auditors, and select volunteers.

Personalized Training Completion Certificate

Every registrant who completes the three hour training session will receive a printable digital certificate signifying that this seminar meets the required training obligations of the Bank Secrecy Act as mandated by FinCEN.

Interactive Discussions and Experience Sharing

Attendees of this virtual session are strongly encouraged to utilize the full audio and visual capabilities of their computer throughout this four hour session to achieve the same level of communication and knowledge sharing of an inperson session. Please be prepared to participate and increase the educational value of the seminar for all.