| Denver, Colorado

BSA Seminar

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Sunday, August 12

Monday, August 13

Program begins at 8:30 a.m. and adjourns at 5:30 p.m.

Tuesday, August 14

Program begins at 8:30 a.m. and adjourns at 5:00 p.m.
  • 7:00 a.m. - 8:30 a.m.

    Start your day with hot breakfast, and the opportunity to build stronger connections with your peers from credit unions across the country.

  • Every credit union should establish a system to identify suspicious behavior, investigate the underlying facts, and initiate a SAR in the appropriate circumstances. If one step fails, the entire process is compromised and your credit union will be at risk of potential BSA violations. Utilizing decades of experience and real world scenarios, you'll discover effective methods to ensure your credit union is fully compliant with its growing BSA responsibilities. From the initial observations to the final SAR filing decision, every aspect of internal procedures will be covered.

  • With NCUA examiners issuing findings for monitoring systems that don't allow you to review your transaction monitoring system, the risk(s) to your BSA program are as prevalent as ever. This session will review the best practices for managing your transaction monitoring system.

  • FinCEN recently identified common shortcomings in Anti-Money Laundering (AML) enforcement actions. One key takeaway is that your credit union's culture is critical to its compliance. Although enforcement actions are specific to the financial institution and the characteristics of the situation, some general lessons can be gleaned from these actions.

  • Energize for the second half of the day, and build stronger connections with your peers from credit unions across the country.

  • Receive an in-depth review of the new beneficial ownership requirements, documentation used for verification purposes, and ongoing monitoring.

  • Members and accounts can bring very different risks. Why is an account all of a sudden sending out foreign wires? Why is your member logging into online banking from overseas 75% of the time? Cover the key risk indicators you need to be watching for, and what you can do to establish a baseline of normal behavior for these accounts. In addition to natural person accounts, this session will look at how you can de-risk business accounts as well.

  • Get an update from FinCEN on their current and existing rule making process. For those looking to get a leg up on this rule, attending this session is the perfect way to learn the "who, what, when, where and why" of FinCEN rules for 2018 and beyond.

  • 5:00 p.m. - 6:00 p.m.
    Study Hall

    (Optional)

Wednesday, August 15

Program begins at 8:30 a.m. and adjourns at 4:00 p.m.
  • 7:00 a.m. - 8:30 a.m.

    Start your day with hot breakfast, and the opportunity to build stronger connections with your peers from credit unions across the country.

  • BSA rules and regulations come with a number of different civil and criminal penalties for non-compliance. Learn the current BSA liability trends. Are institutions being fined, and are the regulators looking into steeper, possibly criminal penalties for non-compliance?

  • Go behind the scenes and learn first-hand from law enforcement professionals on the front lines. Hear stories about sophisticated criminals getting away with money laundering schemes, including what criminals are doing to succeed, and how they are getting caught.

  • Join this panel discussion on the practical application of BSA for program development and ongoing monitoring. You'll discover how the program has progressed, the challenges, the surprises, and the on-going BSA work that has helped bankers get comfortable with the cannabis industry. The panel will also discuss the legal and policy landscape of marijuana banking as well as the opportunities and risks for credits unions entering the marijuana market.  

  • Energize for the second half of the day, and build stronger connections with your peers from credit unions across the country.

  • FinCEN rules provided new guidance on cyber event SARS. You'll walk away from this session with the knowledge needed to comply with the new guidance. You'll get an overview of credit union cybersecurity risks, plus the guidance and language needed to craft your cyber event SARS.

  • Experience an in-depth exploration of recent FinCEN and OFAC enforcement actions so you're credit union will be prepared and ready.

  • A look at typical investigation methods by law enforcement, how they reach out to credit unions, and how to address the privacy concerns when reporting suspicious activity to law enforcement.

  • 4:15 p.m. - 4:45 p.m.
    Study Hall

    (Optional)

  • 5:00 p.m. - 6:00 p.m.

*Additional fees apply.
This is a tentative schedule, subject to change as the program develops. Check back closer to the conference for specific session times.