BSA/AML - What is Old is New Again?

This webinar will provide attendees a clear understanding of the compliance department of the future. Attendees will learn the best practices to ensure BSA and AML compliance and avoid failure and fines.

Why Should You Attend:

BSA and AML compliance is a must. Compliance is not only good for avoiding fines and sanctions, it is even better for the financial institution. BSA and AML compliance should be proactive in nature, very open about its activities and authentic to its mission to be as effective as possible. Part of that is getting back to the core of the process and seeing what has worked, what does not work and where to spot the changes that are occurring every day.

Both the compliance failures and the frauds all have common elements - the financial professionals were not up to speed on current law changes and best practices. This webinar will focus on current enforcement trends, systemic risks to compliance, a glimpse into the future and getting it right and writing it up.

Areas Covered in the Webinar:

• A clear definition of Due Diligence, from the man who wrote the book.
• Where new regulatory attention is being focused - very important.
• How to find your exposure to systemic risk and guaranteed fine.
• How compliance can be guaranteed to fail.
• The role of the compliance officer and team.
• New ways of laundering money
• Art
• Securities
• Steps to avoid failure and fines
• Getting up from your desk
• Third party help
• Writing the reports; SAR, internal, etc.

Who Will Benefit:

• Compliance Personnel
• Risk Managers
• Any branch or OSJ manager
• Lawyers - not for law but on what is to be expected of compliance officers
• Members of Audit Committee and Risk Committees
• Securities Broker Dealers