BSA Update: The Anti-Money Laundering Act of 2020

On-Demand Webinar Available Until May 6, 2022

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The House and Senate voted to override former President Trump’s veto of the National Defense Authorization Act, which included the Anti-Money Laundering Act of 2020 (the “AML Act”).  The AML Act makes significant changes to the Bank Secrecy Act, including enhanced whistleblower protections, new requirements for business entities to file information with FinCEN regarding beneficial ownership, and new penalties.  This session will explain these changes and discuss next steps for credit unions to consider.
 

Key Takeaways:

  • Learn about the comprehensive revisions to the Bank Secrecy Act (BSA)
  • Discuss the likely impacts on credit unions
  • Understand the various effective dates and next steps for implementation for different changes

Purchase Now

$295 Members | $395 Nonmembers 
(Additional $50 for CD)
One registration gives your entire team access to the live webinar and on-demand recording until May 6, 2022
Already registered? Go to the Online Training Center to view.

Who Should Attend?

  • NAFCU Certified Compliance Officers (NCCOs)
  • NAFCU Certified Risk Managers (NCRMs)
  • NAFCU Certified Bank Secrecy Officers (NCBSOs)
  • Compliance staff
  • Legal staff
  • HR staff

Education Credits

  • NCBSOs will receive 1.5 CEUs for participating in this webinar.
  • NCCOs will receive 1.5 CEUs for participating in this webinar.
  • NCRMs will receive 1.5 CEUs for participating in this webinar.
  • CPA credit information is below; recommended 1.5 CPE credits.

CPA Certification Credit Information

  • Reviewer: Josie Collins, Associate Director of Education, NAFCU
  • Learning Objectives: Learn about the comprehensive revisions to the Bank Secrecy Act (BSA). Discuss the likely impacts on credit unions. Understand the various effective dates and next steps for implementation for different changes.
  • Program Level: Basic
  • Prerequisites Needed: None
  • Advance Preparation Needed: None
  • Delivery Method: Group Internet-Based
  • Recommended CPE Credits: 1.5 credits
  • Recommended Field of Study: Regulatory Ethics - Technical
NASBA Sponsor Logo

National Association of Federally-Insured Credit Unions (NAFCU) is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. Learn more.

About Our Webinars

Our webinars are streamed live from NAFCU headquarters near Washington, D.C. Your audio/video feed of the presenters includes presentation slides and downloadable handouts. You can easily submit your questions to the presenters at any time during the live broadcast, with no dialing over the phone! The audio and video stream directly through your computer.

Presented By

Ryan S. Stinneford, Partner, Hudson Cook LLP
Ryan S. Stinneford

Partner, Hudson Cook LLP