Have you heard the latest on OFAC and BSA/AML? Some of the largest fines were handed out last year. And even though they hit the really large banks, there are lessons to be learned by all of us regarding compliance efforts. Even with all the new stuff hitting other areas of the credit union, BSA/AML compliance still hasn’t taken a back burner with examiners. Learn about the latest fines and penalties, and review what you already know. This makes a great refresher course as well as a good starting point for those new to the BSA compliance role as a BSA officer or branch manager.
In this seminar, we will review program compliance issues such as:
Do you have a well-documented process for making a SAR filing determination?
How does your risk assessment and management make or break your BSA/AML program?
What should an audit cover?
Is the audit/auditor thorough enough?
Is your staff training sufficient?
What does the board need to know?
The seminar will also cover the following:
“Four Pillars” of BSA/AML/OFAC compliance
Office of Foreign Assets Control
Common reasons for SAR filings
Tips for writing SAR narratives
Avoiding common problems when filing a SAR
Dealing with law enforcement agencies and other information requests in regards to a SAR
A review of recent regulator findings and cease and desist orders
Law enforcement cases bolstered by CTR and SAR filings.
The educational investment is $230 per person. Small credit union discount applies!
Registration deadline for Indianapolis: April 18, 2014
Mary-Lou Heighes, CCUE is President and Founder of Compliance Plus, Inc. Mary-Lou has been involved in the credit union movement since 1989 and spent five years working in credit unions in almost every position (except teller and CEO). Like many credit union veterans, she has worn many hats, including the all-encompassing OTHER DUTIES AS ASSIGNED. That background made an easy transition to the Research and Information Department at the California Credit Union League where she spent seven years providing compliance assistance through the Information Hotline and writing and editing TIPs bulletins advising credit unions about changes to regulations affecting them. During her tenure at the league and continuing for many years thereafter, she spent many long hours drafting, rebutting and advising on legislative issues at the state and federal level.
Since founding Compliance Plus, Inc., Mary-Lou has been helping credit unions large and small with the development of compliance programs, providing compliance training all over the country for various leagues and credit unions speaking at numerous credit union conferences throughout the country. She has been an instructor at Regulatory Compliance Schools; she conducts dozens of webinars for credit unions throughout the county and she has written articles for Credit Union Magazine.
Who Should Attend
This seminar is dedicated to those managers, CEOs and credit union staff who are directly responsible for day-to-day BSA compliance.
Schedule (all times shown are local time)
|9 – 9:30 a.m.
9:30 a.m. – Noon
Noon – 12:45 p.m.
12:45 – 4 p.m.
|Registration and refreshments|
Registrations cancelled less than five working days before the session date will be subject to a 50 percent cancellation fee.
If you have a disability requiring special services, contact Kim Settles at (800) 285-5300, ext. 5341, or (317) 594-5341 prior to the session.