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AML/BSA Workshop

AML/BSA Workshop

Who Should Attend

This workshop is suited for employees with AML/BSA responsibilities who have a basic understanding of anti-money laundering laws and regulations, including BSA officers, compliance officers, auditors, head tellers, and risk managers. Day 2 will focus on intermediate and advanced topics for BSA Officers who have been in the position for a while but need training on current BSA challenges.

13.5 CE hours will be given for this program

 

Program Topics

Day 1: BSA:  Advanced Issues and Hot Topics

This session is designed to be a higher-level overview of the day to day responsibilities of the BSA officer.

In this session, we will cover the areas needed to provide you a good understanding your roles and responsibilities and what examiner expectations are of this position including:

  • Regulatory hot topics and the importance of the BSA Officer
  • A comprehensive review of frequently asked CTR and SAR completion questions
  • SAR or No SAR! – When to file and when to investigate
  • Navigating the who, what, when, where why of SARs:  Tips for writing comprehensive SAR narratives
  • CDD for high-risk entities, such as ATM owners and charitable organizations
  • Developing, maintaining and monitoring a high-risk customer base
  • Documentation and account requirements for foreign customers, including W8BENs and ITINs
  • How to ace (or blow) a BSA exam!
Day 2: BSA:  Emerging Trends

BSA compliance is not just about properly completing regulatory reports, but also being aware of the emerging trends that face the banking industry. This session will be dedicated to those issues that worry you the most. It is designed to provide an overview of all other high-risk pressing issues that you face.

  • Updates to the beneficial ownership rule requirement, including addressing frequently asked questions and answering participant questions
  • CIP requirements for entities and fiduciary accounts, including compliance with the beneficial ownership rule
  • Banking hemp growers, manufacturers and distributors
  • Identifying common customer scams
  • Combating employee fraud
  • Regulatory enforcement actions

Presenters

Robin Guthridge, Senior Manager, CAMS, CRCM, Wipfli LLP
Kristen Ferwerda, Senior Compliance Specialist, Wipfli LLP

Registration Fee (This fee includes materials, lunch, and refreshments)

Member: $295 per day or $500 for both days

Second person from same bank:  $245 per day  
Qualified non-member bank:
$500 per day or $1,000 for both days

NOTE:  A bank may purchase one registration for the entire seminar and send different people to each day. Please submit separate registration forms for each person.

Note:  You will be given the option to pay by credit card or to invoice your company during the checkout process.

Dates & Times

April 8 & 9, 2020
Check in:  8:30 AM
Program:  9:00 AM - 4:00 PM each day

Location

Embassy Suites Hotel
2800 American Boulevard West
Bloomington, MN 55431
952-884-4811
Click here for directions

Lodging

Housing accommodations can be made directly with the Embassy Suites Bloomington by calling 952-884-4811. Ask for the Minnesota Bankers Association room block or group code MN1 or go to the Personalized Group Webpage. Group rate cut-off date is March 19, 2020. Attire is business casual.

Cancellation Policy

The MBA reserves the right to cancel programs due to insufficient enrollment, instructor illness, or other reasons. Participants wishing to cancel must inform the MBA in writing prior to the event. Send cancellation notices to maryh@minnbankers.com. A cancellation fee of 25% of the program cost will be charged for withdrawing, or you may send a substitute. The full program fee will be charged for withdrawing after the event has taken place or a no-show.

Non-Members

Qualified non-members are encouraged to apply. Please call our office for further information.

Special Needs

If you have a disability that may affect your participation in this program - or any dietary issues - please send a statement regarding any special needs to maryh@minnbankers.com at least two weeks prior to the program. We will contact you to discuss accommodations.
When
4/8/2020 9:00 AM - 4/9/2020 4:00 PM
Where
Embassy Suites 2800 American Boulevard West Bloomington, MN 55431
   
 
Time
4/8/2020 9:00 AM - 4/9/2020 4:00 PM
4/8/2020 9:00 AM

Time
9:00 AM - 4:00 PM
4/8/2020 9:00 AM

4/8/2020 9:00 AM

Time
9:00 AM - 4:00 PM
4/9/2020 9:00 AM

4/9/2020 9:00 AM

Please note that you must be logged in to register online

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