| Denver, Colorado

BSA Seminar

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Save $200 with promo code BSASAVINGS. Offer ends 6/15/18. 

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.
  • 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.

  • Receive an in-depth review of CIP requirements, documentation for verification purposes, and ongoing monitoring. This session will also explore the heightened requirements for MSBs.

  • 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


Wednesday, August 15

Program begins at 8:30 a.m. and adjourns at 4:00 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.