BSA: Is Your Customer Hiding Money?
BSA Red Flags for Money Laundering
During this program, we will look at the professionals who help the criminal enterprise.
Sometimes a single individual and sometimes a business that will launder the proceeds of crime. FATF released in 2018 a report on these businesses that will help you detect and identify these businesses in your banks. From A to Z on how these business work and the techniques they employee to move illicit funds.
Covered Topics
Characteristics of Professional Money Laundering
Specialized services and business models
Types of dedicated ML Organizations:
Money Mules
Digital Money and Virtual Currency
Networks
Mechanisms that are used
Trade Based Money Laundering
Account Settlements
Underground banking
Criminal Service Providers
Banks
Lawyers
Payment Processors
Who Should Attend?
Who should attend? BSA Officers, BSA Investigators, SAR Reporting Staff, Compliance, Security and Training.
Presenter
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.
Registration Options
“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
