Nick will provide attendees with a BSA overview on the following topics:
- BSA purpose and applicability;
- Minimal NCUA/FinCEN requirements for BSA compliance;
- Member Identification Programs;
- Member Due Diligence;
- Situations covered by SARs;
- Tips on completing CTRs and SARs;
- SAR and CTR safe harbors;
- SAR confidentiality;
- Penalties for failing to comply with SAR and CTR requirements; and
- Compliance with OFAC.
A Certificate of Achievement will be distributed to attendees of League-affiliated CUs.
A light dinner will be provided.