Covers core BSA reporting requirements including CTRs, SARs, and compliance obligations for comprehensive understanding
Emphasizes risk-based, independent audits to ensure robust internal controls and regulatory adherence
Highlights common deficiencies in BSA audits to identify areas for improvement
Offers practical best practices for audit planning, documentation, and fostering a compliance culture
Utilizes FFIEC manual resources to strengthen compliance programs
Summarized by Shop
The webinar reviews the fundamental requirements of the Bank Secrecy Act (BSA) and its role in safeguarding the financial system against money laundering and illicit activity. It emphasizes the importance of independent, risk-based audits and the use of resources like the FFIEC manual to strengthen compliance programs. The session also h
Banks, credit unions, financial institutions, compliance officers, risk and fraud teams
Accreditation
Not NASBA accredited
Learning Objectives
Understand BSA core reporting, identify best practices for audits, recognize compliance deficiencies, recognize leadership and documentation roles in compliance
