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2012 Anti-Money Laundering and Bank Secrecy Act Compliance sponsored by Professional Bank Services |
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Dates & Locations Feb 14 • Pittsburgh Airport Marriott • 777 Aten Rd, Coraopolis • 412-788-8800 Mar 6 • Hilton Scranton Conference Center • 100 Adams Ave, Scranton • 570-343-3000 Mar 7 • Courtyard Reading/Wyomissing • 150 North Park Road, Reading • 610-378-1137 May 9 • HACC - Wildwood Conference Center • One HACC Dr, Harrisburg • 717-780-2678 May 10 • Hilton Philadelphia Airport • 4509 Island Ave, Philadelphia • 215-365-4150 Instructional Method • Group-Live Schedule Registration • 8:30am Program • 9am - 4pm Lunch • Noon Recent Congressional focus and well-publicized BSA enforcement actions and fines continue to support a climate where BSA compliance remains of paramount importance to all financial institutions. Treasury continues to rely on financial institutions to serve as the “front-line gatekeepers” for law enforcement efforts to safeguard the U.S. financial system from the abuses of financial crimes, including money laundering and terrorist financing. The federal regulatory agencies continue to rely on financial institutions to take “every reasonable step” to identify, minimize, and manage any risks that illicit financial activity may pose to the individual institution and to the industry. Ongoing initiatives by the Financial Crimes Enforcement Network (FinCEN), and the continued expansions in the federal examination procedures reinforce the need to have a strong BSA program at your institution. This full-day seminar covers in detail the major issues and opportunities in the ever-expanding environment of the Bank Secrecy Act. This seminar highlights the increased federal expectations for BSA. The electronic submission and revisions of BSA forms (anticipated) is discussed. The guidelines on account management and due diligence expectations for Money Services Businesses (MSB) are highlighted. Institutional risk assessment, informational requests under CISADA, and the procedures on the reporting of Cross-Border Electronic Transmittals of Funds (CBETF – anticipated) are covered. Suspicious activity reporting and the most recent guidance from Treasury on proper SAR completion are discussed. The increasing importance of Customer/ Member Due Diligence standards, “Beneficial Ownership expectations”, and “High-Risk” client monitoring are reviewed. The impacts to financial institutions from the periodic expansions to the revised examination procedures are identified. The regulations affecting financial institutions from the Office of Foreign Asset Control (OFAC) are highlighted. Suspicious transactions, terrorist financing, and other money laundering techniques are also reviewed. Currency Transaction Reporting (CTR), Exemptions from CTR reporting, Customer/Member Identification (CIP) requirements, foreign correspondent banking and Private Banking account management, SAR reporting requirements for insurance affiliates, record retention requirements, and the evolution of BSA are documented in detail. This seminar assists financial institutions in meeting the annual training requirements imposed by the BSA regulations, and provides attendees the opportunity to network with other professionals interested in BSA compliance. Topics: • Electronic Submission and Revision of BSA Forms (Anticipated) • Money Services Businesses (MSB) – New Rulings • CISADA Information Requests • Risk Assessments • Cross-Border Electronic Transmittal of Funds (CBETF) – New Rules (Anticipated) • Suspicious Activity Report (SAR) – Latest Rulings • Customer/Member Due Diligence – “High Risk Clients” – “Beneficial Ownership” • Revised Examination Procedures – Latest Updates • OFAC Compliance • Money Laundering Techniques and Suspicious Transactions Documentation covering: • Currency Transaction Reporting (CTR – FinCEN Form 104) • CTR Exemption Opportunities • Customer/Member Identification (CIP) • Foreign Correspondent Bank and Private Banking EDD • SAR for Insurance Affiliates • Record Retention Requirements • Information Sources The Manual Attendees receive a detailed seminar manual with narrative explanations of regulatory requirements and examination procedures. The manual is an excellent resource for future reference. PLUS 1 Year of Free Telephone Support. Who Should Attend? This program is designed for personnel who have management-level responsibilities for BSA compliance. Individuals with retail banking, risk management, compliance, audit, operational, corporate banking and training responsibilities will benefit from this program. No advance preparation is required. Program Level: Update Speaker Mark W. Dever, AAP, CAMS, is a Senior Consultant at PBS. Prior to joining the firm in 1996, Mr. Dever was vice president and manager of cash management operations for a multi-billion dollar regional bank holding company with several affiliates. He has extensive experience in many areas including the automated clearing house (ACH), domestic wire transfer, affiliate bank post-acquisition conversions and consolidations, bank operation centralizations, and payment system risk. He teaches a variety of PBS seminars including the ACH Processing and Compliance, Anti-Money Laundering and Bank Secrecy Act, and Managing Customer Information seminars. He has lectured at regional and national seminars, and at graduate schools of banking hosted by various bank associations and national industry groups. He has served on the faculty of both the OTS’ Compliance I School, and the FDIC’s Advanced Consumer Protection School. He has also taught undergraduate business and management classes in a community college setting. Mr. Dever is an Accredited Automated Clearing House Professional (AAP), and a Certified Anti-Money Laundering Specialist (CAMS). David Luken is a Senior Consultant at PBS. Prior to joining the firm in 1992, Mr. Luken was senior vice president and general counsel for a billion dollar metropolitan bank holding company. While at PBS he has served on the faculty of the FDIC’s Advanced Consumer Protection School, Bank Operations and Compliance School and the OTS Compliance School. He has also served on the faculties of banking schools conducted by the New York, Pennsylvania, Texas, North Carolina, Iowa, Kansas, Nebraska and Arkansas bankers associations. Mr. Luken conducts over 100 seminars a year in the areas of lending and deposit compliance, Bank Secrecy Act, internet banking, information security and privacy law.
PBA Member Cost - $290 (Includes lunch, coffee breaks & course materials. Breakfast and parking are on your own.) Registration Options OnLine Charge Payments • use PBA discount code 12PBA45  OnLine Registration - Feb 14 @ Coraopolis OnLine Registration - Mar 6 @ Scranton OnLine Registration - Mar 7 @ Reading OnLine Registration - May 9 @ Harrisburg OnLine Registration - May 10 @ PhiladelphiaTelephone Charge Payments 800-523-4778, ext. 205 or 235 • PBA discount code 12PBA45 Mail\Fax - Attendee Registration FormMake Check Payable to: Professional Bank Services, Inc. Mail to: Education Division Professional Bank Services, Inc. 6200 Dutchman’s Lane, Suite 305 Louisville, KY 40205-3309 Confirmation You will receive a written confirmation of your seminar registration within ten days after we receive payment. If an e-mail address is provided, your confirmation will be sent via e-mail. Please make sure to add registrar@probank.com to your list of approved e-mail addresses. Cancellation Policy If you cancel seven days before the seminar date, we grant full refunds. If you cancel later, but prior to the date of the seminar, we impose a $50 cancellation fee. Substitutions are always welcomed. If PBS cancels a seminar for any reason, we refund all fees paid and supply you with a complimentary copy of the manual. Questions? Call 800-523-4778. For program questions, more information, or refunds, ask for extension 205 or 235. For administrative policies, such as complaint resolution, ask for extension 237. PBA Contact Jackie Catalano • AsstVP Professional Development, AIB Director (717) 255-6939 • jCatalano@paBanker.com |
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