This webinar will go through every section of the revised FFIEC Bank Secrecy Act/Anti-Money Laundering Examination Manual to highlight changes and areas where banks should review their internal policies, processes, and procedures for compliance. Understanding these changes will keep you prepared and updated for your next BSA/AML examination.
The agencies that comprise the Federal Financial Institutions Examination Council (FFIEC) released an update of the FFIEC Bank Secrecy Act/Anti-Money Laundering (BSA/AML) Examination Manual. The revised manual provides current guidance on risk-based policies, procedures, and processes for banking organizations to comply with the BSA and safeguard operations from money laundering and terrorist financing.
This webinar will go section-by-section of the manual to highlight areas where banks should review their internal policies, processes, and procedures to ensure they are in compliance and discuss changes to BSA requirements since the 2014 manual was released.
Justin brings over 20 years of wide-arranging experience in compliance, training, and regulations. Most recently, he served as Head of Compliance Training at Bank of China where he led the compliance training function and created and monitored the annual training plan through a thorough training needs analysis. Previously, he served as Macquarie Group’s Head of Americas Compliance Training and J.P. Morgan Chase’s Compliance Training Manager. He has also worked for FINRA, a US regulator, where he created Examiner University to train examiners on how to perform their function.