BSA Series: Account Opening Procedures for MSBs, PEPs, NRA and Other High Risk BSA Customers
Your financial institution is full of customers who require many types of services. The BSA exam identifies many services and customers as high risk for money laundering.
We will cover the high risk customers and services listed in the BSA exam manual and being to see their impact into our AML program.
We will look at what makes a customer or service high risk. What extra due diligence is required when the customer is high risk? And can the high risk customers and services impact your bank’s BSA risk rating.
- Nonresident Aliens and Foreign Individuals (NRA)
- Politically Exposed Persons (PEP)
- Embassy and Foreign Consulate Accounts
- Nonbank Financial Institutions and MSBs
- Professional Service Providers
- Nongovernmental Organizations and Charities
- Cash Intensive Business
- Bulk Shipments of Currency
- Electronic Banking
- Funds Transfers
- Electronic Cash
- Third Party Payment Processors
- Monetary Instruments
This webinar is designed for BSA Officers, BSA Coordinators, Compliance Officers and Security Officers.
Deborah Crawford is the President of gettechnical inc. She specializes in compliance and regulations for the deposit side of financial institutions. Her 20+ year career in banking and training began at Hibernia National Bank. She has been a seminar leader for many state associations and credit union groups across the nation. She has Bachelors and Masters degrees from Louisiana State University.
Institute of Certified Bankers: Visit http://www.icbmembers.org/login.aspx for instructions regarding self-reporting. Estimated credits: 2.5 CE Credits
Live Webinar which includes 7 Day On-Demand - $265
Six Month On-Demand – $295
Live plus Six Month On-Demand – $365
CD-ROM (Includes Six Month On-Demand) – $325
Premier (Includes all options) – $395
Additional Locations – $75
Online: Click here.
Phone: Call Total Training Solutions at (800) 831-0678
Register online up to day of event. Earlier registration allows time to check your computer for an optimal experience.