July 16, 2024
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10:00 am
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12:00 pm
Your staff members must understand the importance of helping BSA detect financial crimes through referrals and identification of suspects. The regulators expect your staff to have job-specific training on all aspects of BSA and job-specific training for their individual roles. This program will serve as that training for 2024.
What You’ll Learn
- Overview of BSA and OFAC
- Currency Transaction Reports and Tricky Customer Questions
- Suspicious Activity Referrals to BSA
- Customer Identification Programs and Customer Due Diligence
- Beneficial Ownership Update
- Recordkeeping for Monetary Instruments and Funds Transfers
- What is Money Laundering?
- What is Structuring?
- Hot Financial Crimes and BSA Referrals
- OFAC Blocking and Rejecting
- Checking OFAC and Using the Sanctions Lists
Who Should Attend
Customer Service Representatives, Call Center, Personal Bankers, Branch Staff, BSA, Compliance, OFAC, and Training