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Bank Secrecy Act

FDICchannel
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These chapters are auto-generated

Intro

0:00

Objectives

0:23

The Bank Secrecy Act (BSA)

0:47

Evolution Of The BSA

1:10

Who Is Covered By The BSA?

1:32

Financial Crimes Enforcement Network

2:07

Risk Assessment

4:29

BSAIAML Compliance Program Components

5:54

Internal Control System

6:25

Independent Testing

7:05

Designated BSA Officer

8:33

Training Program

9:14

Customer Identification Program (CIP)

10:13

Customer Due Diligence (CDD)

11:06

Beneficial Ownership Requirements

12:12

BSA/AML Compliance Program Components

13:42

Suspicious Activity Reports (SARs)

14:14

Suspicious Activity Monitoring Components

16:22

Board Notification Of SAR Filings

18:55

BSA Reporting And Recordkeeping

20:22

Currency Transaction Reporting

20:37

Each SAR IS A Piece Of The Puzzle

22:03

Recordkeeping Requirements

26:40

Examination Process

26:59

Examination Results

27:37

Minor Technical Issues

28:14

Significant Compliance Deficiencies

28:58

Significant Apparent Violations

30:14

Enforcement Actions

31:53

OFAC Sanctions Program

34:01

OFAC Compliance Program

34:31

Conclusion

35:02

Resources

36:28

Questions

37:55
Bank Secrecy Act
N/ALikes
54,799Views
2018Dec 10
This presentation has been prepared by FDIC staff to provide directors of community banks with an overview of current BSA/AML and OFAC requirements.

Follow along using the transcript.

FDICchannel

12.9K subscribers