BSA and OFAC Hot Topics 2021
2021 brings many BSA issues that can keep you up at night! From COVID Crimes and SARs to planning your Hemp policy, there are many twists and turns for 2021. This program brings many “Have you thought about it?” items on your list of things to do for 2021. COVID has changed customer transactions in ways we are just beginning to understand. What will it do to your risk assessment, your exemptions, your Customer Identification Program and beneficial ownership? Its time to begin to think about the long-term impact on your program and the short-term compliance issues.
SARs and COVID
Transaction Monitoring gone awry–not sure anybody’s baseline will be normal
CTRs new rules still creating havoc
CTR Phase II Exemptions—will there be any?
Common Errors on Beneficial Ownership
Hemp Rules and Plans approved in many states
OFAC—New administration may bring changes in sanctions
Red Flags for PPP Fraud
Online account opening
And much more
Who Should Attend?
BSA Officers, BSA Staff, BSA Audit, Compliance, Operations, Security and Branch Staff
Deborah Crawford is the President of Gettechnical Inc., a Virginia based training company. She specializes in the deposit side of the financial institution and is an instructor on IRAs, BSA, Deposit Regulations and opening account procedures. She was formerly with Hibernia National Bank (now Capital One) and has bachelor’s and master’s degrees from Louisiana State University. She has 30+ years of combined teaching and banking experience.
“Live” Web connection – $265
6-month “OnDemand” website link only – $295
CD-ROM and e-materials only – $345
Live plus OnDemand website link – $365
Premier Package: Live, OnDemand link, and CD-ROM plus – $395