The National Credit Union Administration is holding a webinar about credit union compliance with due diligence requirements in the Bank Secrecy Act on April 25 at 2 p.m. ET. The webinar, “BSA Compliance – Customer Due Diligence,” will address the final rule The Financial Crimes Enforcement Network in 2016 issued updating the Bank Secrecy Act’s requirements for effective BSA and anti-money-laundering programs. Register here.
The webinar panel includes: Sandra Sojka, regulatory policy officer with FinCEN’s Policy Division; Janet Carruthers, fraud and risk analysis specialist with NCUA’s Office of Examination and Insurance: and Andre Lucas, the director of compliance for the Maryland and District of Columbia Credit Union Association.
- The topics panelists will be covering include:
- Reducing compliance and reputation risk with ongoing member due diligence;
- Enhancing risk-based procedures by including timely and accurate SAR reporting; and
- Improving the overall BSA and AML program with specific procedures.
Questions can be submitted in advance at WebinarQuestions@ncua.gov, and the email’s subject line should read, “BSA Compliance – Customer Due Diligence.”
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