BSA/AML T31 Yearly training

In this 2 Day Seminar we will cover:

• Covid-19 Requirements & Updates & Best Practices
• OFAC Update and current Best Practices
• Components & Compliance of the BSA/AML/CTF covered in
• 31 U.S.C. 5311-5314e         
• 5316-5330 - 5331 - 5332e
• 12 U.S.C. 1829b (Record Retention as it applies to Financial Institutions)
• U.S.C. 1951-1959e (Financial Record Keeping)
• Federal Crime of Money Laundering - Title 18, U.S. Code, Crimes and Criminal Procedure
• Federal Crime of Operating an Unlicensed or Unregistered Money Transmitting Business - Title 18  U.S. Code, Crimes and Criminal Procedure
• Public Law 107-56 & How it applies
• KYC/EDD/CDD Requirements and Compliance
• Sports Betting & CDD (3PBFO)
• Marijuana Businesses & CDD/EDD
• 5 U.S.C. §552 FOIA (Specifically §552a. Records maintained on individuals –Privacy Act)
• 31cfr501 – Office of Foreign Asset Control (OFAC) (PEP, SDN etc.)
• DOEP ABaRR Compliance
• Part 4 → Chapter 26 → Section 6 of the IRS Examiners Manual
• Part 4 → Chapter 26 → Section 9 of the IRS Examiners Manual
• FFIEC BSA/AML Examination Manual for Financial Institutions
• 31 CFR Chapter X (Effective after March 1, 2011) (Title 31x)
• 31 CFR Part 103 (Effective through February 28, 2011)
• FATF 40 & 9 and Sanctions
• The IRS/FinCEN Audit & Follow-Up
• The BSA/AML Risk Assessment & Independent Review
• How to achieve full compliance (Manually!)
• Achieving Audit Success in an IRS, State or Bank Audit
• April 2020 Examiner's Manuals

We will also Provide:

• Testing for Employees with Spread Sheets for Results
• Certification of Attendance
• Full Video of Training that you may use for the entire facility