Who Should Participate
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
Day 1: BSA: AML Hot Topics
This session is designed to be a higher-level overview of the day to day responsibilities of the BSA Officer.
We will cover the areas needed to provide you with a good understanding of your roles and responsibilities and what examiner expectations are of this position including:
• Overview of risk based BSA exams
• Beneficial ownership updates and frequent exam findings
• Updated CTR completion rules
• SAR FAQs and frequent SAR exam findings
• SAR or No SAR! – when to file and when to investigate.
• Updated regulatory CDD/EDD expectations
• Evaluating risk rating methodologies
• BSA exam preparation
Day 2: BSA: Advanced Issues and 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 is dedicated to emerging hot topics and trends that face the banking industry. We will cover the areas needed to provide you a good understanding of your roles and responsibilities and what examiner expectations are of this position, including:
• Managing remote audits
• Overview of the AMLA Act of 2020
• Guide to banking cannabis
• Deciphering NGOs versus NPOs
• BSA/CIP requirements for accounts opened online
• Banking NRAs and foreign customers
• Deconstructing regulatory enforcement actions
As part of the paid attendance, each attendee will receive an updated comprehensive BSA/AML policy which will include a comprehensive cannabis and hemp policy.
Robin Guthridge, Director, CAMS, CRCM, Wipfli LLP
Kristen Ferwerda, Manager, CRCM, Wipfli LLP
Registration Fee (This fee includes materials)
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. Only one textbook will be included.
||$295 per day or $500 for both days
|Second person from same bank:
||$245 per day or $490 for both days
|Qualified non-member bank:
|$500 per day or $1,000 for both days
This webinar will be held via Zoom. Attend virtually from the comfort of your home or office! You will receive the webinar link the day prior to the webinar. Please note: Each link is uniquely coded and may only be used by the individual registered for the course. We ask that you do not share the link and reserve the right to remove unregistered attendees.
Dates & Times
April 14 & 15, 2021
9:00 AM - 4:00 PM each day
At Your Desk
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 firstname.lastname@example.org. 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.
Qualified non-members are encouraged to apply. Please call our office for further information.
By registering, you hereby grant the MBA permission to use your likeness in a photograph, video, or other digital media in any and all of its publications or promotional materials, without payment or other consideration.