news.cuna.org/articles/117914-ncua-to-host-bank-secrecy-act-webinar-june-17

NCUA to host Bank Secrecy Act webinar June 17

June 2, 2020

Credit unions will receive information on best practices in Bank Secrecy Act programs and avoiding pitfalls from non-compliance during an NCUA webinar,  “The Bank Secrecy Act: Review and Reminders,” scheduled for June 17. This 90-minute webinar is scheduled to begin at 3 p.m. (ET). Online registration is available here

The webinar panel — Andrew Bludorn, BSA officer with the NCUA’s Office of Examination and Insurance; Damon Frank, trial attorney with the NCUA’s Office of General Counsel; and Cathryn Martin, assistant vice president and BSA compliance officer with Tower Federal Credit Union — will cover the top five compliance concerns and discuss elements of a strong BSA/anti-money laundering program, including:

  • Timely §314a searches;
  • BSA training for appropriate staff; and
  • Real-world case studies of BSA compliance failures.

This webinar will be closed captioned and then archived here approximately three weeks following the live event.