P E N N S Y L V A N I A   B A N K E R S   A S S O C I A T I O N A Provider of AIB Products Bank Secrecy Act
Course Description: Bank Secrecy Act describes reporting responsibilities that are part of the Act—including identifying transactions that require completion of a Currency Transaction Report (CTR) and a Suspicious Activity Report (SAR). This course describes the stages of money laundering and the minimum requirements of the Customer Identification Program (CIP). The course also provides guidelines for answering basic customer questions related to BSA procedures. Audience: All bank employees who need an understanding of core Bank Secrecy Act requirements. Learning Objectives: After completing this program, you will be able to:   • Recognize the historical milestones that contributed to the expansion of the BSA   • Describe the impact of financial crime and key compliance program elements banks       must implement to combat financial crime.   • Identify the minimum required elements of a Customer Identification Program (CIP)   • Identify the most common record keeping requirements under the BSA   • Identify circumstances when Currency Transaction Reports (CTRs) should be filed   • Describe the scope of activities appropriate for Suspicious Activity Report (SAR) filing Course Credits: AIB: 0.25 ; ICB: 1.5 CBT, CCSR, CPB, CCTS, CFSSP, CLBB, CSOP, CTFA/FID Prerequisites: None Required Software: None Optional Software: Adobe Acrobat Reader and RealPlayer Cost: Members $95   •   NonMembers $130       Forms Page ... Registration ... Requests ... Withdrawal PBA Contact: Jackie Catalano • (717) 255-6939 • jCatalano@paBanker.com
This educational opportunity is brought to you by Pennsylvania Bankers Association