Compliance with the Bank Secrecy Act (BSA) continues to be scrutinized by regulators based on external threats. Financial institutions may struggle with how to enhance their program to align with these threats. This BSA compliance webinar will cover the most significant controls that need to be included in your BSA program for sustaining a strong program, how BSA/AML applies to the new CARES Act Paycheck Participation Interim final rule, what non-bank financial institutions need to do to comply with the BSA before originating loans, and how FIs that already have BSA/AML compliance programs can keep up with their BSA/AML requirements, including “day-to-day” operations, during this unprecedented loan program demand.
- Required controls for BSA/AML compliance
- New guidance for financial institutions during COVID-19
- CARES Act Paycheck Participation and applicability to BSA/AML
- Sustaining your BSA/AML Program during a crisis