Beneficial Ownership – One Year Out: Upcoming Webinar

Beneficial Ownership – One Year Out: Upcoming Webinar

Free Banker's Toolbox Webinar on the New CDD Rule Often referred to as the Fifth Pillar of an AML program, the new Customer Due Diligence (CDD) rule is the most significant change to the BSA since the USA PATRIOT Act. Though the rule doesn't go into effect until May of 2018, now is the time to rethink your policies, procedures and training. You should also determine what steps your core, new account platform and AML software vendors are taking now to ensure you're compliant later.Join us on Thursday, May 11th – almost one year out…...more →
Human Trafficking

Human Trafficking

Human trafficking – a form of modern slavery – is one of the fastest growing criminal activities in the world, exploiting over 45 million people and generating an estimated $150 billion in profits each year. Financial institutions have a critical role to play to identify and disrupt human trafficking. Join us as we discuss what financial institutions and BSA professionals can do to help identify, flag and prevent human trafficking.

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Cybersecurity Threats and Tips for 2017

Cybersecurity Threats and Tips for 2017

Join Ed Mattison, a former senior cybersecurity advisor to the Secretary of the Army, for this free webinar. Ed will leverage personal lessons learned from 25 years in the Army and the Pentagon to discuss how to apply DoD-level (Department of Defense) cybersecurity to the private sector.Ed will also cover the latest threats to target the U.S. and the financial industry, ways financial institutions can educate and protect their employees, and protection tips institutions can offer their customers/members.

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AML Risks in Correspondent Banking

AML Risks in Correspondent Banking

Drug traffickers and other criminals can use foreign correspondent accounts to launder money, using shell companies to hide the true owners of correspondent accounts. Because the domestic bank is not necessarily familiar with the foreign correspondent financial institution’s customers, criminals and terrorists can more easily conceal the source and use of illicit funds.

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The Latest State of Cryptocurrencies

The Latest State of Cryptocurrencies

The blockchain with Bitcoin and other cryptocurrencies are relatively new concepts in the banking world. These unconventional payment technologies can pose threats to anti-money laundering efforts, yet we can expect the industry’s year-over-year usage continue to grow in 2017. This session will cover the how cryptocurrencies are used and steps that financial institutions can take to enhance their due diligence on cryptocurrency transactions.

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20 Minute AML Investigation

20 Minute AML Investigation

Although AML investigators seek a level of certainty, what is a realistic goal? By reviewing the nexuses to a number of unusual money laundering schemes, this presentation will help you appraise whether you are using investigative resources effectively. It will help you analyze the efficient use of your limited investigative resources. 

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Personal Liability – New York State of Mind

Personal Liability – New York State of Mind

Trends in Personal Liability from New York State Credits Awarded: 1 CAMS, 1.25 CRCMExaminers are expecting financial institutions to prove that their processes are sufficient for identifying suspicious activity by conducting program evaluations, data integrity reviews and more. BSA and Compliance professionals are concerned they will be found personally liable if their examiners find problems with their monitoring programs.New York's Department of Financial Services even went so far as to pass a new regulation requiring institutions to certify that their suspicious activity monitoring program is sufficient. Concerns are now being raised that other states will…...more →
The Challenges of Terrorist Financing: 2016 and Beyond

The Challenges of Terrorist Financing: 2016 and Beyond

As witnessed across the globe, the threat of terrorism is constantly present. The landscape of terrorism is ever evolving. The instability in many parts of the world serves as an incubator for terrorists to wreak havoc near and far. The one constant is terrorist organizations require funding to sustain their operations. One of the best chances to prevent terrorists from succeeding is to disrupt their ability to raise, move and access money.

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BSA Foundation Training: Back to Basics

BSA Foundation Training: Back to Basics

Review the Fundamentals of BSACredits Awarded: 1.25 CAFP, 1.25 CRCM, 1 CAMSHave you recently been appointed as the new BSA Officer? Are you being considered for a promotion to BSA? Maybe you're just looking for a refresher course? We've got you covered.In this free webinar, we’ll help you create a plan for success in BSA. From BSA Board Policy and Training to Risk Assessments, the experts at Banker’s Toolbox will discuss a list of action items you can take to ensure success in your job.The duties of a BSA Officer can feel overwhelming, but they don't…...more →
Culture of Compliance

Culture of Compliance

Building a Strong Culture of Compliance from the Top Down Credits Awarded: 1.25 CRCM, 1 CAMS BSA/AML shortcomings have resulted in several recent enforcement actions. As a result, FinCEN emphasizes the importance of a strong culture of compliance. Compliance is a shared responsibility, and maintaining a culture of compliance is a key strategy in avoiding penalties and personal liability.In this presentation, former OCC Examiner Jessica Caballero will discuss properly communicating with the board to ensure a good culture of compliance from the top down. She will cover board reporting, training, continuous communication and more.   Presented ByJessica Caballero,…...more →