BSA/AML/OFAC Risk Assessments and Evaluation Compliance Program - How to Deal, Change and Create Efficiencies and Effectiveness Processes 2014

Topics

• Where regulatory attention is being placed
• Updating your risk profiles, including due diligence
• CTR hotspots
• Changes in funds transfers and BSA definitions
• Selling monetary instruments for cash - collecting and retaining information, plus the addition of gift cards?
• Suspicious Activity Reporting (SAR)- the backbone of an effective BSA program, plus e-Filing
• OFAC rules - who to screen?
• Funds transfer record keeping
• Additional requirements, such as 314(a), PEPs, and Pouch activities
• Blocked and rejected transactions - what`s the difference and how do I know which to do?
• FinCEN hotspots and areas for review
• Identifying customers and maintaining proper evidence under CIP rules

Who should Attend

• Internal Auditors
• BSA / AML Officers
• Money Service Business BSA/AML Officers
• Staff with roles and responsibilities in BSA / AML management and oversight
• Compliance Officers
• Corporate Audit
• Risk Managers