Recognizing Suspicious Activity

Presented by:
John Burnett

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Your anti-money-laundering program must include the human element – your institution's staff. Frontline personnel are the linchpin of every successful AML program. They are the "eyes and ears" of your organization, the sources for some of your most valuable "intelligence" in the ongoing battle to detect and report suspicious activity.

Training your staff to recognize suspicious activity is a daunting challenge. It's so much more than warning them about structuring! You need to make the training experience real and meaningful for them.

Recognizing Suspicious Activity relates REAL examples of activity that have proven to be related to money laundering, terrorist financing, and other violations of federal laws. We'll discuss actual scenarios in which suspicious activity reports resulted in active federal investigations. We'll also discuss incidents of suspicious activity that were not reported, and the consequences suffered by the institutions involved. These ­real examples will help your staff

• Recognize activity that warrants further investigation
• Realize the importance of reporting suspect activity for follow up and SAR filing

The information in this webinar will help make your institution's suspicious activity training

• Meaningful
• Relevant, and
• Memorable

Primary audience:

• BSA officers
• Training staff
• Teller and operations management
• Lenders

About the speaker:

John Burnett
John Burnett is a 1979 alumnus of the ABA National Compliance School, and has served on its faculty for several years. He graduated with honors with the Class of 1990 from ABA’s Stonier Graduate School of Banking. He is also a graduate of the BAI’s and the Massachusetts Banker Association’s Schools of Banking.

He joined Cape Cod Bank and Trust Company in 1971 and assumed his role as Compliance Officer in 1976. He also served as corporate secretary and secretary of CCBT’s Board of Directors, as well as Clerk of the bank’s holding company. After leaving the bank in 2004, John joined Glia Group, Inc. and became a part of the BOL Team in June, 2004.

• Complete presentation (including slides and audio)
• Written Materials
• Follow-up Q & A

You have the right under this license agreement for this CD-ROM to use this presentation on a single-workstation. Use on a network is in violation of the copyright agreements. CD may be used by multiple users at a given institution but may not be placed on a network or in any other multi-user environment.