Bank Secrecy Act (BSA), Title 31, Compliance

Instructor: Armen Khachadourian
Product ID: 703574
Training Level: Intermediate
  • Duration: 60 Min
This webinar will review current requirements of the Bank Secrecy Act, why to comply, how to comply, reporting techniques and current positions by the IRS and FinCEN.

recorded version

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
Last Recorded Date: Sep-2014

Training CD / USB Drive

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

Customer Care

Fax: +1-650-362-2367


Read Frequently Asked Questions

Why Should You Attend:

Every casino and other financial institution is required to comply with the reporting requirements of the BSA. In fact, the federal government has taken a new stand on enforcement aimed at casinos. Now, more than ever, an effective compliance program is essential to comply with this law or face substantial fines, potentially in the millions of dollars, and other penalties.

This webinar will review current requirements of the Bank Secrecy Act, why to comply, how to comply, reporting techniques and current positions by the IRS and FinCEN.

Areas Covered in the Webinar:

  • What is the BSA?
  • What is AML?
  • Why should I comply?
  • What do I need to do?
    • CTR
    • SAR
    • Structured Transactions
    • Multiple Transactions
  • What are the forms?
  • How do I file them?
  • What if I am faced with the non-cooperating customer?
  • What are the best practices in Know-Your-Customer?

Who Will Benefit:

Any financial institution, including commercial banks, private banks, credit unions, thrift institution, broker and dealers registered with the SEC, any securities or commodity broker or dealer, investment bankers, currency exchange, issuer, redeemer or cashier of traveler’s checks, checks, money orders, operator of a credit card system, insurance company, travel agency, business engaged in vehicle sales, persons involved in real estate closings and settlements, casino, gambling casino or gaming establishment and related businesses will benefit from this training. Titles of personnel include:

  • CEO’s
  • CFO’s
  • COO’s
  • General Counsel
  • Compliance Officers
  • Risk Officers
  • Internal Auditors
  • Controllers
  • Operational Risk Managers
  • Staff with roles and responsibilities for financial compliance and risk management.

Instructor Profile:
Armen Khachadourian

Armen Khachadourian
President and Founder, Digital Payments LLC

Armen Khachadourian is the founder and president of Digital Payments Inc., a consulting firm providing advisory services in the areas of merchant processing, ISO/MSP formation, development of best practices, BSA/AML guidelines, merchant portfolio and acquiring acquisitions, prepaid and alternative payment products including decoupled debit. As a trusted partner with vision to understand his client’s future business he has helped design and evaluate new products and services in today's changing marketplace.

Mr. Khachadourian has also served in executive positions at several top ten financial institutions and helped them maximize growth and revenues in today’s challenging electronic payments marketplace. As a vice president of JPMorgan Chase’s Prepaid Product in Treasury Services he was responsible for designing and launching prepaid cards in the EU market. As a senior vice president at Visa USA, he expanded card acceptance to new markets such as supermarkets, recurring payments, quick service restaurants and federal government agencies. His expertise in card products extends to issuance of credit, debit, prepaid and commercial cards. He is also an experienced manager of technology solutions including development of best practices, network policy, third-party processor contract negotiation and problem resolution.

Mr. Khachadourian earned a Bachelor of Arts degree in mathematics and a Master of Science degree in computer science from the San Jose State University in California. He authored the “Basics of Data Communications” textbook and lectured at College of San Mateo, CA. He was awarded an honorary teaching credential from State of California. He is a member of the United States National Masters team and has represented United States at four world championships.

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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.

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