(From the NCUA Newsroom) – Credit unions will receive valuable information on best practices in Bank Secrecy Act programs and avoiding pitfalls from non-compliance during a National Credit Union Administration webinar, “The Bank Secrecy Act: Review and Reminders,” scheduled for June 17.
This 90-minute webinar is scheduled to begin at 3 PM Eastern. Online registration is available here.
Participants will use the registration link to log into the webinar and should allow pop-ups from this website. There is no charge to participate.
The webinar panel includes Andrew Bludorn, BSA Officer with the NCUA’s Office of Examination and Insurance; Damon Frank, trial attorney with the NCUA’s Office of General Counsel; and Cathryn Martin, Assistant Vice President and BSA Compliance Officer with Tower Federal Credit Union, and will cover the top five compliance concerns and discuss elements of a strong BSA/anti-money laundering program, including:
- Timely Section 314a searches
- BSA training for appropriate staff
- Real-world case studies of BSA compliance failures
You can submit questions in advance at WebinarQuestions@ncua.gov. The email’s subject line should read, “The Bank Secrecy Act: Review and Reminders.” Participants with technical questions about accessing the webinar may email email@example.com.
This webinar will be closed captioned and then archived approximately three weeks following the live event.
NCUA’s Office of Credit Union Resources and Expansion supports low-income-designated credit unions and credit unions interested in a low-income designation; minority credit unions; credit unions seeking changes in their charters, bylaws, or fields of membership; and groups organizing to start new credit unions.