During this all day program we will cover a wide range of BSA topics for the current environment. Designed for BSA Officers and staff, this program will present new and evolving issues with BSA. 

Beneficial Ownership Where Are We?
During this session we will look at the evolving landscape of the beneficial ownership regulation. What do companies have to do? What do banks have to do?  Learn more about this change and how it affects your current program.

Customer Identification Program including Online Account Opening Issues
85% of institutions who open accounts online experience fraud. During this session we will look at taking our Customer Identification Programs to the virtual world. What will that look like and how do we prevent financial crimes.

High Risk Customers and Services - De-Risking can you do it?
De-risk customers? What does it mean? A special look at these important customer groups:

• Charities
• Private ATMs
• Nonresident Aliens
• Money Service Businesses

SARS and CTRs Update
During this session we will look at the SAR, the crimes and the advisories for 2022.  Learn more about helping law enforcement with a razor-sharp SAR. A line-by-line look at the CTR and its changes. Learn how to complete complicated CTRs on IOLTAs, check cashing, purchasing cashier’s checks and more. What would you use to determine whether or not to exempt your customer? Does your customer qualify for an exemption and whether you should or should not exempt them based on risk? Learn more.

Hot Topics and Speed Round
This session will have hot topics for 2022. This session will be subject to instructor discretion as the year moves forward.

• Keep Open Requests
• BSA Fines and Penalties
• Current examination hot spots—changes to the exam manual
• And More…

Case Study:  Risk Assessment, CIP, CDD and EDD on Cannabis 
Building a program for cannabis