Bank Secrecy Act (BSA) Training for the Board of Directors Webinar
What are the four “best practices” for Boards of Directors to show compliance with an effective BSA/AML (anti-money laundering) program? What topics should be covered in BSA training sessions for the Board of Directors? What did a community bank learn in a recent enforcement action about effective Board oversight of BSA? – see complete description below.
Click Here for Webinar Description and Audience
What are the four “best practices” for Boards of Directors to show compliance with an effective BSA/AML (anti-money laundering) program? What topics should be covered in BSA training sessions for the Board of Directors? What did a community bank learn in a recent enforcement action about effective Board oversight of BSA?
What You Will Learn:
•What does the FFIEC BSA exam manual say about informing the “board of directors” regarding BSA issues? How many times is it mentioned in the exam procedures? What does your regulator expect to find when they review board minutes?
•What should the Board know about the annual BSA audit?
•What should your Board know about BSA “hot buttons” for third party oversight with remote deposit capture and other issues?
•Are there any “free” resources for BSA board training?
•What are four “best practices” for BSA?
◦Require Periodic and thorough BSA reports
◦Devote adequate resources
◦Conduct appropriate BSA/AML Risk Assessments
◦Set the proper tone
•BONUS – Each order includes a manual and power point file for BSA Board Training; including a template for a BSA “Sample Board Report.” The documents can be easily modified with your financial institution’s specific information.
Who Should Attend?
This informative session is designed for senior management, Board members, Board Secretary, compliance officers, BSA officers, loan officers, and auditors.
Click Here for Continuing Education Credits (CEC) Info
This webinar is recommended for 2.5 CE Credit Hours. Each attendee will receive a Certificate of Attendance for self-reporting of CE Credits.
Click Here for Delivery Option Descriptions
INCLUDES SEVEN DAYS OF ONDEMAND PLAYBACK! With this option, you will participate in the webinar (via the internet) as it is being presented. You will login to the webinar on your PC to view the PowerPoint presentation, and you have the option of using your PC speakers or a telephone for the audio. Participants can type and send their questions to the instructor. Many companies are now running their PC through an LCD projector allowing many employees to participate in the same room.
SIX MONTH ONDEMAND VIDEO RECORDING:
With this option, you will receive an e-mail that contains a link to the PowerPoint slides (to download, print, and copy) as well as a link to the media player where you will view and hear the entire webinar just as it was delivered, featuring the full-color PowerPoint presentation with audio. You can pause, fast-forward and rewind as needed, which makes it an effective training tool. The weblink will be available to you (and anyone else in the company) for up to six months and can be accessed 24/7 as many times as you wish. Delivered via e-mail the day after the webinar takes place.
CD-ROM VIDEO RECORDING:
If you do not have internet access or want to make the webinar part of your training library, the CD-ROM Recording is a great option for viewing a webinar. You can pause, fast-forward and rewind as needed, which makes it an effective training tool. With this option, you will receive a download of the PowerPoint slides and a CD-ROM Recording (featuring PowerPoint presentation with audio) of the webinar via regular mail. Mailed 7 to 10 days after the webinar takes place.
Webinars can be scheduled and offered exclusively for your company. They can even be customized to best fit your needs. To find out more, please complete the in-house request form found in the Schedule and Registration Information section below.