Overview
This program provides a basic overview of the compliance requirements of the Bank Secrecy Act (BSA)/Anti-Money Laundering (AML)/Countering Financial Terrorism (CFT) regulatory framework. It discusses the implications for non-compliance. It also discusses current disclosure and record-keeping requirements.
Why You Should Attend
The BSA/AML/CFT regulatory framework is growing and enforcement is becoming more common. A basic understanding of this area is therefore useful and important to an expanding base of professionals. We also will offer practical tips on implementing the rules in everyday work.
What You Will Learn
- Recognize the federal regulatory agencies involved and the entities they regulate
- Gain insights into the five pillars of compliance
- Identify current reporting and record-keeping requirements
Who Should Attend
In-house professionals, private and government lawyers, and paralegals wishing to learn the basics about BSA/AML/CFT compliance.