ComplianceOnline

Bank Secrecy Act: The Fundamentals - CIP, CDD, EDD, CTR and Current Issues

Instructor: Jim George
Product ID: 705521
  • 4
  • December 2017
    Monday
  • 10:00 AM PST | 01:00 PM EST
    Duration: 60 Min

Live Online Training
December 04, Monday 10:00 AM PST | 01:00 PM EST | Duration: 60 Min

$149.00
One Dial-in One Attendee
$399.00
Group-Max. 10 Attendees/Location
(For Multiple Locations Contact Customer Care)
Super Deal - Get CD/USB Drive Free!

recorded version

$179.00
1x Person - Unlimited viewing for 6 Months
(For multiple locations contact Customer Care)
Recorded Link and Ref. material will be available in My CO Section 48 hrs after completion of Live training

Training CD / USB Drive

$299.00
One CD/USB is for usage in one location only.
(For multiple locations contact Customer Care)
CD/USB and Ref. material will be shipped within 15 business days after completion of Live training

Combo Offers

Live + Recorded Version

$249.00

Live + Training CD/USB

$349.00

Customer Care

Fax: +1-650-362-2367

Email: customercare@complianceonline.com

Read Frequently Asked Questions

This webinar will help to understand the fundamental requirements of the BSA/AML statutes and Money Laundering strategies and techniques.

Why Should You Attend:

Money laundering continues to be a national concern. High levels of drug-related activity and violence have drawn additional attention. Terrorist activities need to be considered as well. Perpetrators have adapted to banks’ efforts so banks cannot combat the money laundering with yesterday’s methods. Software is widely installed to identify specific patterns and “unusual” transactions. But the fraudsters know this and are constantly striving to create new patterns where their transactions are designed not to be flagged. Like in a game of chess, the advantage goes to the side that thinks the most moves ahead.

This webinar will provide valuable assistance to all personnel with AML responsibilities in banks or other financial institutions:

  • Compliance with regulatory requirements
  • Designing controls and compliance
  • Detecting money laundering attempts
  • Managing the Investigating of AML alerts
  • Analyzing controls improvement options
  • Understanding money launderers’ strategies and techniques

Areas Covered in the Webinar:

  • The Bank Secrecy and USA PATRIOT Acts
  • Know Your Customer (KYC)
  • Currency Transaction Reports (CTRs)
  • Suspicious Activity Reports (SARs)
  • New Customer Due Diligence requirements
  • Steps are specifically required by the regulations
  • Analytic engines
  • AML and Fraud overlaps
  • Adaptation by perpetrators
  • False Positive Problem
  • The New Customer Due Diligence requirements
    • Three covered entity types
    • Customer legal entity
    • Beneficial owners
    • Controlling persons
    • Exclusions
  • New Requirements
    • Risk profiles
    • Updating
    • Baseline/normal transactions
    • Transaction monitoring
  • Money Laundering Strategies and Techniques

Who Will Benefit:

  • Compliance/Legal Departments
  • Operations
  • Frontline Personnel
  • Internal Audit Departments
  • Chief Compliance Officers
  • Compliance Officers
  • Operations Personnel
  • Frontline Personnel
  • Branch Managers
  • Fraud
  • Compliance and AML areas.
  • VP
  • Manager
  • Director
  • Supervisor levels
Instructor Profile:
Jim George

Jim George
Independent consultant, George Consulting LLC

Jim George is an independent consultant to banks focusing on issues of fraud. He has over 25 years’ experience as a consultant to major banks in associate partner and principal roles at PriceWaterhouse-Coopers Consulting, IBM Consulting in Bank Risk and Compliance, and Andersen Consulting (now Accenture). He has also been SVP Operations for a Fortis-US division providing outsourcing services to the banking industry.

His work includes projects in fraud investigation, fraud prevention, identity issues, compliance, and AML (anti-money laundering). Mr. George’s background also includes work in bank operations and payments strategy, reengineering, systems, and quality improvement.

Follow us :
Managing an Effective AML Compliance Program
World Class Cyber Incident Response Plans: Strong Responses to Attacks

Refund Policy

Registrants may cancel up to two working days prior to the course start date and will receive a letter of credit to be used towards a future course up to one year from date of issuance. ComplianceOnline would process/provide refund if the Live Webinar has been cancelled. The attendee could choose between the recorded version of the webinar or refund for any cancelled webinar. Refunds will not be given to participants who do not show up for the webinar. On-Demand Recordings can be requested in exchange.

Webinar may be cancelled due to lack of enrolment or unavoidable factors. Registrants will be notified 24hours in advance if a cancellation occurs. Substitutions can happen any time.

If you have any concern about the content of the webinar and not satisfied please contact us at below email or by call mentioning your feedback for resolution of the matter.

We respect feedback/opinions of our customers which enables us to improve our products and services. To contact us please email customercare@complianceonline.com call +1-888-717-2436 (Toll Free).

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