Year-End BSA Issues: FAQ Guidance, Enforcement Actions & Red Flags

BSA has been like the 2020 bouncy ball of compliance. BSA issues and challenges are everywhere, yet sometimes elusive and difficult to grasp – especially with the added pandemic disruptions. The changes have been rapid and more are coming. This is the perfect opportunity to get up to speed on BSA and effectively manage whatever is thrown at you.

AFTER THIS WEBINAR YOU’LL BE ABLE TO:

• Effectively manage your BSA/AML program in 2021 and identify key risks
• Understand the impact of the April 2020 BSA/AML examination manual updates
• Determine the effect of FinCEN’s guidance on the BSA program in a year of rapid change and emerging risks from the pandemic
• Anticipate changes from FinCEN’s advanced notice of rulemaking on September 17, 2020, to “modernize” BSA/AML programs
• Manage the key challenges of:
  • Elder financial exploitation
  • CIP and CDD options for opening accounts online
  • Enhanced due diligence
  • CBD and hemp issues
  • Beneficial ownership
  • Lessons learned in recent enforcement actions

For more information or to register CLICK HERE.