AML/BSA Fundamentals, Compliance, and the AML Act of 2020
Instructor:
Jim George
Product ID: 705521
- Duration: 60 Min
Why Should You Attend:
This webinar will provide valuable assistance to all personnel with AML responsibilities in banks or other financial institutions:
- Compliance with regulatory requirements
- Designing controls and compliance
- Detecting money laundering attempts
- Managing the Investigating of AML alerts
- Analyzing controls improvement options
- Understanding money launderers’ strategies and techniques
- Anticipating the impact of regulations following up the AML Act of 2020, including both employee and systems issues.
Areas Covered in the Webinar:
- Requirements of the Bank Secrecy Act (and related areas of the USA PATRIOT Act)
- Know Your Customer (KYC) requirements
- Currency Transaction Reports (CTRs) requirements
- Suspicious Activity Reports (SARs) requirements
- New Customer Due Diligence requirements
- Impacts of the AML Act of 2020
- Specific steps that are required by the regulations
- Analytic engines
- Compliance violations
- Current issues and problems
- AML and Fraud overlaps
- Adaptation by perpetrators
- False Positive Problem
Who Will Benefit:
- VP, Manager, Director, Supervisor levels
- Professionals in Deposits, Compliance and AML areas
Jim George
Independent consultant, George Consulting LLC
Jim George is an independent consultant to banks focusing on issues of fraud. He has over 25 years’ experience as a consultant to major banks in associate partner and principal roles at PriceWaterhouse-Coopers Consulting, IBM Consulting in Bank Risk and Compliance, and Andersen Consulting (now Accenture). He has also been SVP Operations for a Fortis-US division providing outsourcing services to the banking industry.
His work includes projects in fraud investigation, fraud prevention, identity issues, compliance, and AML (anti-money laundering). Mr. George’s background also includes work in bank operations and payments strategy, reengineering, systems, and quality improvement.
More Training By Experts
- BSA/AML Recent Developments and Compliance
- Home Mortgage Disclosure Act (HMDA) Reports - Meeting Regulators: Expectations - Tools and technique to reduce errors
- AML, SOX and Licensing Controls Failures - Detection, Prevention and Risk Mitigation Strategies
- Identity Issues in Banking - After the Breach, 26 Red Flags and More
- Best Practices to Prevent Fraud: Understanding the Trends, Threats and Strategies
Refund Policy
Our refund policy is governed by individual products and services refund policy mentioned against each of offerings. However in absence of specific refund policy of an offering below refund policy will be effective.
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. On-Demand Recording purchases will not be refunded as it is available for immediate streaming. However if you are not able to view the webinar or you have any concern about the content of the webinar please contact us at below email or by call mentioning your feedback for resolution of the matter. We respect feedback/opinions of our customers which enables us to improve our products and services. To contact us please email [email protected] call +1-888-717-2436 (Toll Free).
