BSA for the Boardroom: Annual Training Made Understandable
Is your board up for the task? The board is required to regularly review and ensure adherence to BSA policies and procedures. Join veteran compliance attorney and recovering BSA officer David Reed as he cuts through the regulatory double speak and guides you through the law, program requirements, and essential elements of the board’s BSA responsibilities. This session will meet or exceed the annual BSA training requirements and provide a great overview of the evolving BSA responsibilities faced daily.
AFTER THIS WEBINAR YOU’LL BE ABLE TO:
- Understand the board’s role in Bank Secrecy Act (BSA) compliance
- Appreciate the requirements of the Bank Secrecy Act
- Break down the five pillars of an effective BSA program
- Avoid common landmines
- Utilize available BSA resources
- Consider consequences of BSA violations
WEBINAR DETAILS
Federal regulations require every financial institution to have a written, board-approved program designed to ensure and monitor Bank Secrecy Act compliance. Increasing regulatory scrutiny on the board’s involvement in your BSA program is refocusing attention on this critical security area. Today’s boards are faced with increasing pressure to stay informed on the complex regulatory, security, and business realities of the financial services marketplace. Financial institutions are on the frontlines in the battle against criminal and terrorist financing and the board has the ultimate responsibility for complying with all BSA requirements. Your board needs to understand and perform the tasks necessary for BSA compliance. Attend this annual training to learn how.
WHO SHOULD ATTEND?
This informative session is designed for directors, executives, senior management, BSA officers, compliance staff, internal auditors, and anyone involved in the BSA program.
