INTERPRETING FFIEC BSA/AML MANUAL UPDATES

October 14, 2020 | 12:00 PM - 1:00 PM

Program Description

The Federal Financial Institutions Examination Council (FFIEC) released an updated version to certain portions of its Bank Secrecy Act/Anti-Money Laundering (BSA/AML) Examination Manual on April 15, 2020. The BSA/AML manual outlines the guidelines bank examiners follow when assessing the adequacy of a bank’s BSA/AML compliance program. However, it can also serve as a tool for financial institutions to provide insight on expectations for regulatory compliance, as well as how institutions are evaluated during the examination process.

Learning objectives:

• Purpose & history of the FFIEC BSA/AML Manual
• Understand how to utilize key takeaways
• Review & comprehend the specific updates made to the manual
• Assess the impact these changes will have on examinations
• Make necessary program adjustments for temporary changes in customer behavior due to pandemic

Presenter

Joseph Galdo, CPA, CFE, CAMS and Christina Richardson

 

Registration to the live session includes:

  • One online connection

  • CPE credit for registrant

  • Permission to reproduce the handouts and other written material for additional attendees at your location

Only registered attendees of the live session can obtain CPE credit

Cost

Members: $0

Non-Members: $25