This webinar will help attendees to learn the current issues and changes to BSA/AML compliance obligations and the common regulator findings related to payments and customer risk.
Why Should You Attend:
Join us to round out 2017 with a look at issues and changes to BSA/AML compliance obligations and the most common Regulator findings related to payments and customer risk. We’ll review some significant FinCEN changes, plus review how state laws could further impact compliance programs. We will conclude with a look at what to expect in 2018 so you are prepared for even more changes!Learning Objectives:
- Identify common regulator findings to ensure compliance
- Define areas of significant risk
- Evaluate expectations
- Document necessary program updates as applicable
Areas Covered in the Webinar:
- FinCEN final rule on customer due diligence and beneficial ownership
- OFAC Sanctions Regulations
- BSA/AML state laws and initiatives
- Suspicious Activity Reports
- Third-Party Payment Processors
- Risk rating customers
- Applicability of AML to emerging payments/new payments
- Most common Regulator findings
- Risk assessments too narrow
- Failure to verify CIP
- CDD
- Inadequate transaction monitoring
- Failure to customize monitoring programs
- Failure to properly classify/monitor customer risk
- A look ahead - anticipated 2018 focus and initiatives
- Resources to learn more
Who Will Benefit:
- BSA Officer
- BSA Coordinator(s)
- Internal Auditors
- Risk Officers
- Compliance Officers
- Compliance Professionals
- Operational Risk professionals
- Audit Committee Members
- Information Security
- Trainers
- Executive Management
Course Provider
Rayleen M Pirnie,
