Advanced BSA For Community Banks
* Registration open until 3/5/24 at 12:00 AM (EST)
Event Details
About our Advanced BSA/AML Program
To meet the ongoing regulatory requirements, VACB is pleased to offer the Advanced BSA/AML/CFT Compliance Program. This two-day program focuses on the latest changing BS/AML/CFT Compliance arena and offers tips and tools to develop and manage an “adequate” and “an effective and reasonably designed” BSA program. This program also assists financial institutions in meeting the annual training requirements by the BSA regulations.
Attendees will receive a Training Program Manual, an updated FFIEC BSA/AML Examination Manual, a Resource Manual (packed with examples, forms, templates, handouts), and opportunities to network with peers on current challenges and trends.
Advanced BSA For Community Banks Agenda Topics:
- Brief Recap of Major AML/BSA Trends for 2024
- FinCEN Updates and Anticipated Rulemaking
- Anti-Money Laundering Act of 2020
- Corporate Transparency Act (Beneficial Ownership)
- Key FinCEN Communications
- What’s New in the BSA/AML Examination Manual
- The Impact of Recent BSA/AML Violations, Enforcements & Penalties
- Lessons Learned for 2024
- BSA and Fraud Coming Together
- Lessons Learned for 2024
- Focus on Elder Financial Exploitation
- Check Scams
- Other Types of Scams
- Common BSA/AML Audit Findings
- Risk Assessments and Higher-Risk Products and Services
- Risks Associated with Banking Digital Assets
- Partnering with Third-Party Providers
- Independent ATM Owners and Operators
- OFAC Sanctions and AML/Countering Financial Terrorism (CFT) Priorities
- Incorporating the 8 National Priorities into the BSA Compliance Program
- What’s Ahead in 2024
We have submitted approval of this program for CAFP, CERP, CRCM credits.
For More Information:
About our Presenter:
Dianne Barton is the Founder and President of Performance Solutions, Inc. As a former banker, her services, which include a broad scope including strategic planning, leadership and management development, regulatory and compliance implementations, retail growth strategies and sales & services culture development, are recognized as “real world banking solutions”.
Dianne’s training programs are designed to “close the gap” between banks’ needs and employees’ skills. A philosophy of experiential learning and participant involvement in training led to her “TELL-SHOW-DO” training method that is skill based rather than theory based. The training limits lecture discussion to a maximum of 7-9 minutes, relying on active, high energy, “hands on” approach by the participants.