Training is a core requirement of a satisfactory Bank Secrecy Act and Anti-Money Laundering (BSA/AML) compliance program. At a minimum, a BSA/AML training program must provide training for all personnel whose duties require knowledge of the BSA. While BSA/AML training is required, financial institutions have some flexibility in the way they design the training program. Effective training programs provide employees, both new and experienced, with a clear understanding how BSA/AML and OFAC impacts them in their positions. In this session, we will take a look at human trafficking and smuggling along with some risk management best practices, as an addition to the standard annual BSA Training.

This program is a higher level of BSA training and perfect for BSA and Compliance staff, front-line staff, operational staff, internal auditors and your Board of Directors.

We Will Cover:

• Beneficial Ownership Rules & Customer Due Diligence
• Types and examples of money laundering
• Human Trafficking and Smuggling
• Risk Management Best Practices

Who Should Attend:

BSA Officers and personnel, Compliance officers, auditors, new account representatives, lenders, branch management, and back room operations.


Air date: March 25, 2021
(Courses are current as of the date aired)