Member Login

])

678.643.3178

New FFIEC Guidance on Currency Transaction Reporting and Handling Different Currency Transaction Reporting (CTRs) Events

New FFIEC Guidance on Currency Transaction Reporting and Handling Different Currency Transaction Reporting (CTRs) Events

5.24.2021 from 2:00pm to 3:00pm

 

Currency transaction reporting seems like a very cut and dry reporting requirements.  While the majority of CTRs may seem easy, what happens when a CTR does not fit the standard? How do you handle joint accounts? What about family trusts? This webinar is perfect for front line staff and BSA departments to understand different situations that arise when determining whether to report or not.  This webinar will provide attendees with the correct filing of CTRs even when different scenarios arise.

In the CTR section, the manual adds a new subsection titled “Identification Required,” regarding what a bank must do to verify and record the identity of an individual involved in a CTR.  This subsection clarifies that a notation of “known customer” or “bank signature card on file” is insufficient; the individual’s specific identifying information must be included in the CTR.

Topics include:

  • Review of Currency Transaction Reporting (CTR)
  • Best business practices for handling different types of scenarios
  • Suggested documentation for your front-line staff in determining when to file

Who Should Attend?

  • BSA/AML Officers and Support Staff
  • Customer Service Representatives/Tellers
  • Call Centers
  • Risk Managers
  • Compliance Managers
  • Internal Auditors
  • Executive Management
  • Board of Directors

Upcoming Events

Learning Opportunities to Empower

April 2021

May 2021

13

5.13.2021 from 2:00pm to 3:00pm

BSA/AML/OFAC Board Training

All Events

Educate & Empower Your Staff

Membership gives you access to essential webinars & educational tools

Help your staff stay ahead and learn about the most pressing risk management best business practices associated with payments, fraud, BSA/AML, cybersecurity & more

Missed a webinar?

Browse and buy webinars now in our archive

It’s easier than ever to train yourself and your staff with our archive of webinars, packed with the most recent and relevant risk and fraud mitigation tactics, regulatory guidance, and more!

BROWSE WEBINAR ARCHIVE

2021 Membership Enrollment

Save your organization time and money with empowering benefits

  • Exclusive Member Only Webinars on Risk Trends and Leading Business Practices
  • Ongoing Risk Management Expert Support Services
  • Bi-Annual Risk Management and Strategy Roundtable Meetings
  • Brandable Communication Resources
  • Assistance with Gap Analysis between insurance policy & internal controls
  • Assistance with preparing communications for board of directors meetings
  • 11 additional webinars included (44 total annually)
  • Team-specific training packages
  • Complimentary 2021 NACHA Operating Rules Online Resource