Register to Learn More about Compliance and Earn a Training Certificate
ALEXANDRIA, Va. (Feb. 27, 2014) – Credit union managers and compliance staff will be able to learn more about Bank Secrecy Act compliance on a free webinar, “BSA-MSB Training: What You Need to Know,” hosted by the National Credit Union Administration on Wednesday, March 19, 2014, at 2 p.m. Eastern.
The importance of Bank Secrecy Act compliance cannot be overstated. An insufficient BSA compliance program may expose a credit union to reputation risk, such as manipulation by unscrupulous money launderers, undermine the integrity of the financial system or even threaten national security.
Diane Rector, Training Manager and Economic Development Specialist Supervisor with NCUA’s Office of Small Credit Union Initiatives, will host Jane Pannier, Esq., Senior Vice President and In-House Counsel for Neighbor Bench, LLC, and Judy Graham, Program Officer with NCUA’s Office of Examination and Insurance. The panel will cover key areas of concern for a well-developed BSA program, including:
- Critical elements of a BSA program
- Money Service Businesses
- Common BSA violations
- Reporting requirements
A certificate of training will be given to attendees who successfully complete the test offered at the end of the webinar. This webinar will be archived and closed-captioned approximately two to three weeks following the live event at http://www.ncua.gov/News/Videos/Pages/default.aspx
Registration for this free webinar is now open. Click here
to register. Participants will also use this link to log into the webinar. Registrants should allow pop-ups from this website.
NCUA’s OSCUI fosters credit union development and the effective delivery of financial services for small credit unions, new credit unions and credit unions with a low-income designation.
NCUA is the independent federal agency created by
the U.S. Congress to regulate, charter and supervise
federal credit unions. With the backing of the full
faith and credit of the United States, NCUA operates
and manages the National Credit Union Share
Insurance Fund, insuring the deposits of more than
98 million account holders in all federal credit
unions and the overwhelming majority of
state-chartered credit unions. At
Pocket Cents, NCUA also educates the public on consumer protection and financial literacy issues.