Event Detail

Event Description

This webinar addresses all requirements of the bank’s BSA/AML training program as outlined in the BSA/AML examination procedures. The manual and presentation provide a complete training solution on this important topic.

Bank Secrecy Act compliance is a “safety and soundness” issue. To pass the test financial institutions are required provide annual BSA training for appropriate personnel, including, but not limited to tellers, customer service representatives, lending officers and all other customer contact employees. This program addresses all requirements of the bank’s BSA/AML training program as required by federal regulators and outlined in the BSA/AML examination procedures. The manual and the presentation provide a complete solution for training on this important topic.

Highlights
• Currency transaction reporting,
• Exemptions from currency transaction reporting,
• Record retention requirements,
• Customer Identification Program requirements,
• Customer Due Diligence responsibilities,
• Money Services Businesses requirements,
• A review of money laundering methods, and techniques to recognize money laundering,
• OFAC responsibilities,
• Suspicious activity reporting requirements and
• Penalties for non compliance.

In addition, BSA training must also include a “review of internal policies, procedures and processes.”  A list of questions is provided to facilitate discussion of the bank’s program at the end of each topic in the manual.

Why Participate?
• This is the most cost effective, time efficient way to meet the BSA’s annual training requirement.
• BSA is a safety and soundness topic and, as such, carries more liability for the financial institution and its staff than any other regulatory issue.
• This program is presented using “real-world” examples in a very “down-to-earth” fashion.
• A comprehensive, easy-to-use manual is provided as a desk-top reference.

Audience
Anyone with BSA responsibilities, including tellers, CSRs, lending officers and all customer contact personnel. The program is suitable for new and experienced personnel. It is presented at the basic level.
CE Applied: 2.5 hours CRCM/CBT/CCSR/CPB/CFSSP credit with the ICB

Speaker
Laura Wilson is a principal with Pegasus Educational Services, LLC.  Audiences routinely comment on her unique recollection of material and sense of humor.  At one time she served as compliance trainer for a $3 billion savings bank.  Later, she was a senior consultant/trainer for a consulting firm for financial institutions.

Instructions

What is a Webinar?
A webinar is an enhanced telephone seminar. The audio portion of the program is delivered by speaker phone. You may also view a corresponding PowerPoint presentation using a PC. No special hardware is needed. You may still participate by phone only. The program consists of 90 minutes instruction and 30 minutes live Q&A. Each webinar registration provides 1 connection to the live webinar, written materials and access to the Webinar Archive for 30 days following the broadcast. You may have unlimited listeners on your connection by speaker phone and PC. You will receive a PIN, written materials and instructions prior to the seminar.  If you do not receive a confirmation at least 2 days prior to the event call 888-262-7701.

What is an On-Demand Webinar?
An On-Demand Webinar is a live webinar that has been recorded and then streamed to your computer to watch at your convenience. The program can be viewed any time 24/7. You can watch a portion of the program, come back and pick up where you left off! You may also review the program at will if you need a refresher. Anyone at your branch may access the program from a computer using the login and password. When you purchase a webinar archive, you have unlimited access to the program for six months from the date of purchase.

Transmission, retransmission or republishing of the audio portion of the seminar is prohibited. Your registration entitles you to 1 connection at 1 location with permission to copy materials for participants. Complete one registration per location.

Webinar (09/08/10 1:30 - 3:30 p.m.)

Information & Registration form (pdf file)

Online Registration