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Essential BSA/AML Knowledge for Frontline Personnel (Annual Training)
Ken Agle

Please join Ken Agle for a fast-paced, training session with a focus on elements of BSA/AML/OFAC designed especially for your front line personnel.

Price: $299.00

Venue

This is a virtual event, accessible online. Access instructions will be provided after registration.
essential bsa-aml

Frontline. A word that conjures up powerful visual images and logically so as “being on the frontline” means key access to customers/members and insightful knowledge related to that position. Combine this with BSA/AML/OFAC and you have a fundamental need for understanding. Finally, when you mix in changes that have occurred in the last year, this targeted annual training session becomes one of the most important in the past several years.

Frontline personnel with fundamental and focused knowledge on aspects ranging from beneficial ownership to customer/member due diligence requirements to red flags are far more likely to successfully play their key role in promoting compliance. While key elements for BSA/AML are managed remotely using software solutions, there is powerful rationale for maintaining strength at one of the most fundamental channels, namely frontline personnel. After all, it is often their prominent position to identify key elements related to red flags, filing of CTRs, complete CIP/MIP and helping to retain key records as part of your CDD/MDD/EDD efforts.

As your first line of defense against questionable transaction activity, you want to ensure your front line personnel have the training needed to understand the reasons for BSA/AML/OFAC regulation, the focus by regulators, why compliance must be vigorous, and what activities and behaviors are potentially threatening to the institution.

Please join Ken Agle for a fast-paced, training session with a focus on elements of BSA/AML/OFAC designed especially for your front line personnel.

WHAT YOU'LL LEARN

Some of the many insights and tips your frontline personnel will take away:

  • How BSA/AML "works,” the pillars of BSA and the integral role of frontline personnel
  • Lessons learned from the mistakes of others as illustrated by BSA/AML enforcement orders
  • Red Flags for money laundering and the basics of AML Systems
  • Customer Identification Program
  • OFAC elements for frontline personnel
  • Currency Transaction Reporting
  • Recordkeeping-wires and monetary instruments
  • New CDD/MDD rules and their impact across the enterprise
  • Promoting the culture of compliance
  • Basic aspects of OFAC for frontline personnel
Price: $299.00

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PRESENTER

Kenneth Agle

WHAT'S INCLUDED

  • Access your training anywhere, with a computer, tablet or smartphone.
  • Engaging and up-to-date training to support your career and your organization.
  • Handouts you can distribute to your board and staff.