Event Calendar

Thursday, May 30, 2024

Avoiding Liability Under the Bank Secrecy Act Webinar

Start Date: 5/30/2024 9:00 AM MDT
End Date: 5/30/2024 10:30 AM MDT


Event Website: https://financialedinc.com/avoiding-liability-under-the-bank-secrecy-act

Organization Name: Independent Community Bankers of Colorado

Contact:
Maelynn Lewis
Email: mlewis@icbcolo.org
Phone: (720) 607-7937

Don't fool yourself into thinking that civil money penalties are the only remedy available for BSA enforcement. Recent enforcement actions have shown that regulators are more than willing to use the criminal justice system and its penalties against individuals to prosecute significant violations. A regular review of enforcement actions by FinCEN should be all it takes to remind you of the increasing perils of an ineffective BSA program. Is your program examiner-ready? Now is not the time to be complacent about Bank Secrecy Act training! Not long ago a major national bank was assessed a $390,000,000 civil money penalty for BSA violations because of their failure to implement and maintain an effective anti-money laundering program. Are you sure your program and personnel are up to the task? The BSA continues to be a high regulatory examination target and one that should receive your full time and attention. Join veteran compliance attorney and former BSA compliance officer David Reed as he guides you through the tools regulators and law enforcement can use to mandate BSA compliance. This program will address recent trends in enforcement actions and focus on methods to ensure your staff and institution remain fully compliant and out of the headlines.
 
AFTER THIS WEBINAR YOU’LL BE ABLE TO:
  • Appreciate current trends in BSA examination strategies
  • Understand the array of BSA enforcement tools
  • Effectively utilize regulatory and examination guidance
  • Evaluate recent enforcement actions
  • Deploy five lessons learned that can keep you out of jail
TAKE-AWAY TOOLKIT
  • BSA compliance checklist
  • BSA resource guide
  • Key regulatory guidance
  • Examination guidance
  • Employee training log
  • Interactive quiz
  • PDF of slides and speaker’s contact info for follow-up questions
  • Attendance certificate provided to self-report CE credits
WHO SHOULD ATTEND?
This informative session is designed for BSA officers, senior executives, directors, audit committee members, compliance staff, audit staff, security officers, and anyone involved with the BSA program.
 
DON’T MISS THIS RELATED WEBINAR!
BSA Risks in 2024: What's New & in the News?, recording available
 
NOTE: All materials are subject to copyright. Transmission, retransmission, or republishing of any webinar to other institutions or those not employed by your institution is prohibited. Print materials may be copied for eligible participants only.
 
MEET THE PRESENTER
David A. Reed, JD, Reed & Jolly, PLLC
Attorney, author, consultant, and nationally recognized trainer, David Reed is a partner in the law firm of Reed & Jolly, PLLC. He provides guidance to financial institutions on establishment and revision of policies and procedures, organizational compliance, collections, security, contractual agreements, regulatory matters, and corporate governance. His engaging speaking style has made him a nationwide lecturer on regulatory compliance, consumer lending, bankruptcy, and collections. A former trial attorney and vice president and general counsel of a large regional financial institution, David is also a Certified Fraud Examiner. He is particularly known as an expert in the areas of operations, bankruptcy, and collections. He has trained state and federal examination staff on numerous issues, including BSA, ID theft red flags, SAFE Act, third-party contract management, and bankruptcy.
 
THREE REGISTRATION OPTIONS – WHAT YOU GET
1. LIVE WEBINAR
  • Unlimited live connections with shareable access within your institution
  • Available to view on desktop, mobile & tablet devices
  • Take-away toolkit
  • Live Q&A session & the presenter's contact info for follow-up questions
  • Access the webinar training from your User Portal
2. ON-DEMAND WEBINAR
  • Unlimited and shareable access to the recording within your institution,
    starting two business days after the live date
  • Available to view 24/7 on desktop, mobile & tablet devices
  • Take-away toolkit
  • Ability to download the webinar video and toolkit items
  • Presenter's contact info for follow-up questions
  • Access the webinar training from your User Portal
3. BUNDLE & SAVE
  • Save when you Bundle the Live + On-Demand Webinar Registration
  • Includes all the items listed above
  • Full registration descriptions can be found here