Dates of Event & Pricing

$295 for Webinar and Playback*

*Playback has no expiration.

  • Wednesday, September 18, 2024

  • 2:00 – 4:00 pm (Eastern Time)

  • 1:00 – 3:00 pm (Central Time)

  • 12:00 – 2:00 pm (Mountain Time)

  • 11:00 – 1:00 pm (Pacific Time)

Curriculum

On July 3rd FinCEN published a notice of proposed rule making for the AML/CFT Priorities it previously published in June 2021. The proposed rule addresses requirements for many different industries, but one item is consistent across all industries subject to AML/CFT Requirements: We will need to consider the AML/CFT Priorities as part of our AML Risk Assessment. 

In this session we will consider how existing risk factors that you already consider can assist you in evaluating these new risk factors. We will explore FinCEN advisories that provide valuable guidance relating to financial crimes the priorities target. Finally, we will discuss how best to incorporate the new risk factors into your existing framework. 

While the rule is not finalized, now is the time to begin planning ahead so that your institution is prepared to implement the rule once FinCEN issues a mandatory compliance date. 

Areas Covered:

  • FinCEN AML/CFT Proposed Rule on AML/CFT Priorities

  • The impact of the proposed rule on existing AML/CFT Programs

  • AML/CFT Policy and Procedure Updates to consider


Attendee Takeaways:

  • Steps to take now to prepare to implement the AML/CFT Rule
  • Identify risk factors within your institution
  • Suggestions for your risk assessment process


BONUS Material:

  • Sample Risk Assessment verbiage
  • Change Management Project Checklist

Instructor

Managing Partner - TCA Compliance Brian Crow

Brian Crow is managing partner and co-president for TCA Compliance and is a nationally recognized BSA/AML expert with a strong bank compliance management background and a welcome ability to provide focused educational support to TCA client banks. Mr. Crow most recently was BSA Administrator for a suburban Chicago bank, where his responsibilities included the bank’s annual assessment and audit documentation. Earlier, as Operations Officer at the same bank, Mr. Crow monitored AML activity and helped install automated AML software that allowed the bank to transition from paper to electronic CTRs. His activities were responsible for reducing debit card fraud by 95 percent at the bank.

Credits

1.0 CPE Credits & 1.2 AAP Credits