Documenting BSA High Risk Reviews

Total Seats: 150

Date and Time:

25 October, 2023 10:30 am PDT - 30 October, 2023 - 11:30 am PDT

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Description

COURSE DESCRIPTION:

A significant BSA regulatory requirement is the ongoing review of higher-risk clients. Periodic high-risk reviews help financial institutions ensure they have updated Customer Due Diligence and identified risks associated with a client that presents an elevated level of risk due to the nature of their business or other factors.

This webinar will provide attendees with the best practices of how a review should be performed, leading practices on what should be included in the high-risk review, and how the financial institutions should incorporate the physical onsite visits into the overall review of such high-risk review.

AREAS COVERED:

  • Background information relating to the high-risk customer
  • FFIEC guidance for determining high-risk customers
  • Important components to include in your high-risk reviews
  • Common audit findings in high-risk reviews
  • Leading business practices for performing and tracking ongoing high-risk reviews.

WHY SHOULD YOU ATTEND:

This webinar takes attendees through rules changes, requests for comments, and industry initiatives that could potentially impact your ACH operations, treasury management, risk management, and payments strategy.

WHO WILL BENEFIT:

  • BSA/AML Compliance Officers at banks and MSBs
  • Front Line BSA/AML Staff
  • Internal and Independent Auditors
  • Deposit Operations/ Electronic Banking
  • Treasury Sales and Operations
  • Bank and MSB Staff with Roles and Responsibilities in BSA/AML Management and Oversight
  • Risk and Compliance Management
  • Consultants in the AML/BSA Industry specializing in MSBs
  • Information Security

ABOUT THE INSTRUCTOR:

Doug Keipper is Vice President, BSA/AML Officer at BankSouth. His experience includes:

  • Certified Anti-Money Laundering Specialist (CAMS) since 2005
  • Bank Secrecy Act Officer for a billion-dollar bank
  • Selling BSA software for eight years
  • Teaching anti-money laundering classes since 2008
  • Has talked with over 500 BSA officers throughout the USA and Caribbean
  • Spent over 20 years in retail banking, wholesale mortgages, and financial services

REFUND POLICY:

Attendees may cancel up to 24 hours before the course start date and the refund will be processed within two working days.

We will process/provide A refund if the webinar is canceled. Refunds will not be given to participants who do not show up for the webinar. On-Demand Recordings can be requested in exchange. Webinars may be canceled due to a lack of enrolment or unavoidable factors. Attendees will be notified 24 hours in advance if a cancellation occurs. Substitutions can happen anytime.

If you have any concerns about the content of the webinar and are not satisfied please contact us at care@thecomplyguide.com

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