MADISON, Wis. (9/11/15)--CUNA announced this week it will host a CUNA Bank Secrecy Act (BSA) eSchool beginning Sept. 24.
The new program will educate participants on BSA compliance practices, trends and issues, allowing them to earn the Bank Secrecy Act Compliance Specialist (BSACS) designation.
“The prevalence of covert cybercrime and terrorism throughout today’s financial institutions has made anti-money laundering (AML) and Bank Secrecy Act compliance focal points of credit union examinations,” said Tracy Blaske, CUNA director of compliance education. “Because compliance with the regulation is complex across nearly all internal operations and member transaction types, credit unions need expertise and a comprehensive AML/BSA program.
“This eSchool makes gaining an actionable understanding of the law straightforward so professionals can improve BSA practices at their credit unions.”
The blended program combines live and recorded Web session in addition to self-study activities to prepare participants for the BSACS exam.
Led by BSA experts, the sessions will cover:
For more information on the eSchool, visit the CUNA Bank Secrecy Act eSchool webpage.