Alert! Proposed BSA/AML Program Rule Changes Webinar

Much of this will be in the big picture of your BSA/AML program, including regulating risk assessments and many other issues.

Many of you have been waiting for the AML Act of 2020 to be codified and here it comes. Adding the national priorities, putting risk assessments into regulation, and adding two pillars to our program rules.

There’s more involved so you might want to comment on these changes and there is still time.

What You’ll Learn

• Statement on the Purpose of an AML/CFT Program Requirement
• Inserting the Term “CFT” Into the Program Rules
• Defining “AML/CFT Priorities”
• “Effective, Risk-Based, and Reasonably Designed” AML/CFT Program Requirements
• Risk Assessment Process
• Identifying and Evaluating ML/TF and Other Illicit Finance Activity Risks
• Review of Reports Filed Pursuant to 31 CFR Chapter X
• Other Components of an Effective, Risk-Based, and Reasonably Designed AML/CFT Program
• Establishing, Maintaining, and Enforcing an AML/CFT Program by Persons in the United States

Who Should Attend
BSA officers, BSA staff, compliance staff, management, risk departments, and training personnel will all find this session valuable.