160 Park at N Hills St
Raleigh, NC 27609
Rescheduled! Due to inclement weather, this program has been moved to February 13 – 14.
Time: Day 1, 9 am – 5 pm
Day 2, 8:30 am – 12:30 pm
Location: Hyatt House Raleigh North Hills
160 Park at North Hills Street – Raleigh
Registration: $375 (Early Bird – 1/3) / $425 (Regular – after 1/3)
This program is designed to enhance the skills of your Bank Secrecy Act (BSA) and Anti-Money Laundering (AML) support staff, your independent audit team, and any personnel responsible for managing and maintaining a strong BSA and AML program. Featured topics include:
- BSA/AML Regulatory Program Expectations
- Customer Identification Program (CIP)
- Customer Due Diligence (CDD) including Beneficial Ownership
- Currency Transaction Reports (CTR) and CTR Exemptions
- Suspicious Activity Reporting (SAR)
- Office of Foreign Asset Control (OFAC) Program
- BSA Training for Everyone
- What’s New in the BSA/AML World
- Money Laundering and Terrorist Financing Trends
- High Risk Areas of Concern
Expand your staff’s understanding and expertise in some of the most critical skills they will ever possess – skills that can protect your profits in these very challenging times of tight margins and sustained high expectations! We will review recent exam findings and 2018 BSA AML priorities to prepare for the new year! Mandatory compliance with the new customer due diligence (CDD) ongoing monitoring regulations and beneficial ownership component will follow quickly on the heels of a very busy First Quarter 2018.
As soon as we think we have the patterns pegged, the criminals quickly develop new and trickier ways to hide in plain sight! There’s been no decline in the expectation for us to perform more and more due diligence to know our customer and identify unusual or suspicious customer activity! Despite the regulatory challenges we are facing, BSA and AML expectations have not subsided. Attendees will examine the expanded, useful risk assessment and review techniques that can be gleaned from a wide variety of reliable and free resources. They will also learn how to immediately apply them to their high risk customers, and gain lots of great tools to enhance the customer due diligence program! There is no need to feel overwhelmed by new and existing customer due diligence responsibilities (CDD) and the ever-expanding electronic payment channels taking over financial settlement today! Patti will help with some tips and tools to get your program updated and compliant.
Patti will lead the BSA and AML Update program to discover new and improved solutions to the ever-expanding regulatory challenges. She will discuss the latest developments regarding risk assessment, criminal activity patterns indicating increased problems and the bank’s reporting responsibilities that accompany those scenarios. Join us for the review of an updated and expanded risk assessment methodology including the required elements for documenting your bank’s risk assessment. Learn from others’ mistakes by reviewing the latest BSA/AML enforcement actions and how the criminals and terrorists are expanding their use of electronic payment methods, prepaid cards and just about anything else they can get their hands on! Come get more great solutions and be prepared for the next level in the war against money laundering and terrorist financing.
Patti Blenden is a dynamic speaker and leader with strong, intuitive management skills, and a deep conviction that “excellence is not optional.” She has extensive experience in working with financial institutions, bank data processors and governmental agencies. Patti has more than 35 years of experience in the financial industry as an entrepreneur and financial institution executive. She is a Certified Public Accountant, skilled regulatory compliance consultant, bank operations specialist, system automation designer and an enthusiastic regulatory compliance instructor who believes in providing real-world solutions ready for immediate implementation.
Patti founded Financial Solutions in 1990 to offer financial institutions complete, cost-effective regulatory compliance solutions, thereby eliminating an institution’s need to rush to increase overhead. The company specializes in providing regulatory compliance assistance for financial institutions through policies, programs, on-site compliance reviews and customized training.
The NCBA has secured a discounted rate of $149/night at the Hyatt House. To make a reservation at this rate, please either use the link below or call the Hyatt House at 1.800.993.4983 and request the NC Bankers rate for the nights of February 12 and 13. Please note that attendees are responsible for making their own reservations.