A Practical, Hands-On Learning Experience
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DO YOU KNOW...
  • When you have classified all your accounts, you may not have any that are "high risk."
  • You should have a list of your Non Resident Alien customers for monitoring.
  • There is no list of Politically Exposed Persons, but you should identify them. One of the best ways to identify a PEP is to ask the customer.
  • The board is not required to have copies of SARs. They can receive a summary report, or even delegate a committee for SAR reviews.
  • Continuing suspicious activity triggers subsequent SARs, but filing within each 90 day period will be sufficient reporting.
  • A vendor you outsourced work to is an "insider" for SAR reporting.
  • Reporting suspected tax evasion on a SAR is a voluntary report on the part of the bank.
  • There is no requirement that a check casher charge a fee to be an MSB.
  • "Closed" stored value cards may be used in limited places, as in one particular store or chain of stores. These pose fewer BSA risks than cards accepted almost universally such as where MasterCard or Visa cards are accepted.
  • You will want to monitor MSB customer compliance with all applicable state and federal registration and licensure requirements.
  • If you have an MSB customer, as a part of your review you may request their CTRs.
WE'RE IN LAS VEGAS! WHY LAS VEGAS?...

  • Accessibility: It's one of the easiest cities to visit in the United States.
  • Transportation: The airfares are reasonably priced and the air schedules are convenient.
  • Convenience: The hotel is close to the airport allowing for easy access. No need to rent a car. Many places are within easy walking distance.
  • Accommodation: Hotels are priced reasonably.
  • Experience: What other city is better equipped to handle business meetings?
  • Dining: Food is fabulous and inexpensive.
  • Weather: The climate is wonderful this time of year.
  • Sightseeing: If you stay in the area either before or after the conference, you can visit the Grand Canyon, Death Valley, or enjoy more of Las Vegas.
  • BSA: It's a security conscious city where Know Your Customer and AML issues have always been important!
IN ADDITION TO YOUR LUGGAGE, YOU'LL TAKE HOME WITH YOU ...
  • Hands-on experience preparing a risk assessment;
  • Help with formulating a comprehensive BSA/AML policy;
  • Solid suggestions for avoiding compliance violations;
  • Best practices that you can implement immediately;
  • Recommendations for establishing an AML culture in your institution;
  • Fresh idea for training that sticks;
  • Research techniques to keep you in-the-know;
  • Strategies for successfully satisfying the regulations;
  • And much more!