Compliance Anchor BSA Schools

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Some people may think that regulatory attention to the Bank Secrecy Act has let up over the past couple years….think again! With news stories and a few well-publicized enforcement actions, the regulatory focus continues to be on BSA rules and their impact on the safety and soundness of the industry.

The foundation for a well-rounded BSA compliance program is education. The Compliance Anchor BSA Schools will provide a clear understanding of BSA/AML execution, and will keep you up to date with regulatory requirements. During the interactive three-day event, we will review areas of risk, and hot topics.

Attendees will also benefit from sharing knowledge, forms and current practices, networking with peers, and developing best practices. The BSA Schools present information for BSA Officers, both new and seasoned, with options for one, two, or three days of guidance. A certificate for CAMS credits will be awarded for each day of attendance.

Day 1 – BSA Basics Includes:

  • 314(a) & 314(b)
  • CIP (Customer Identification Program) basics
  • Monitoring and Customer Reviews
  • CTRs and SARs Step by Step
  • OFAC

Day 2 – Beyond the Basics of BSA Part 1 Includes:

  • KYC and Account Opening
  • CDD/EDD
  • Beneficial Ownership
  • SAR Process, Writing, and SAR Scenarios

Attendees will also benefit from group discussion of their current practices for KYC, CDD and EDD and networking with peers, to enhance their BSA program.

Day 3 – Beyond the Basics of BSA Part 2 Includes:

  • Risk Assessments
  • Marijuana
  • Human Trafficking
  • Crypto

Attendees will also benefit from group discussion of their current practices for Risk Assessments and the other topics presented and networking with peers, to enhance their BSA program.  Click the link below to register for each date.

April 29, 30 & May 1    Best Western Plus, Kingston, NY

June 24, 25 & 26           Courtyard Marriott, Natick, MA