BSA Emerging Issues - Impact of COVID on Transaction Monitoring

What are the important issues facing the BSA Department in 2020? During this program we will focus on the new and continuing issues of 2020.

If everything is about risk, what has been the impact of COVID and transactions changes during the 2020 year? How does the new 43 pages of the exam manual impact risk assessments? Will beneficial ownership ever go away? Will it ever be safe to bank marijuana and hemp? How is bitcoin impacting our business? When do we have to deal with new CTR changes and what are they? So many topics and just enough time to cover them!

Highlights

  • New Changes to BSA Exam Manual
  • New CTR rules and delays
  • Marijuana and hemp where are we?
  • Beneficial ownership errors and expectations
  • Cybercrime, elder fraud, human trafficking and smuggling
  • Transaction monitoring in a pandemic
  • Risk Assessments
  • Customers purchasing drugs, crypto currency and professional money laundering
  • Online account opening, online deposits and the new reality for CIP

Who Should Attend?

Management, BSA Officers, Compliance and Training Staff will all benefit from attending this webinar.