- TypeWebinar
- Location Middletown,,Delaware,United States
- Date 03-09-2019
Education/Teaching/Training/Development
Accounting/Financial/Banking/Insurance
Topic : AML OFAC risk assessment cornerstone of an effective compliance shop
Overview
This Bank Secrecy Act risk Assessment training will highlight BSA best practices that are being acknowledged and recognized by regulators and examiners and will discuss each risk assessment area.Risk assessments are the backbone of any well-built Anti-Money Laundering and Office of Foreign Assets Control compliance program. An efficient and effective program cannot be developed without knowing where one's risks reside. Today, many businesses both financial and non-financial institutions are conducting these assessments to uncover risks, design strong compliance programs, and mitigate their exposure. There are many decisions that need to be made when you decide to conduct an AML/OFAC risk assessment.
Why should you attend this webinar?
Although financial institutions have been managing BSA operations per the regulation requirements, the change in focus to appropriate BSA/AML/OFAC risk assessment has been coming increasingly important. Regulators look to the bank for insurance and evidence that BSA operations are appropriately performing risk assessments. Appropriate risk assessments are essential in a bank's strategic planning and development, as well as assisting in compliance.This webinar highlights BSA/AML/OFAC risk assessments. The areas of focus outlined in this webinar are based on best industry practice, supervisory experience and cover the major components of an effective BSA risk assessment program that audit focuses on. The instructor will look at these areas and the specifics of each area as it pertains to BSA compliance.
Areas Covered in the Session:
Who can Benefit:
Speaker Profile :
Craig Taggart is Keynote speaker at ComplianceKey. He has almost a decade of experience in the fields of mergers and acquisitions and business financing. Mr. Taggart works strategically with his clients to achieve the highest value for their business within the capital markets. His experience with BCC Capital Partners in the M&A industry has greatly contributed to his understanding of transaction structure, strategic placement of buyers, and the attainment of maximum market value for his clients. He has represented and sold many businesses in a number of different industries and has significant experience working with companies in: continuing education, transportation, software and professional services. Mr. Taggart is currently working in the clean energy sector that covers multiple initiatives within M&A and corporate development.
Contact Info :
Compliance Key
Email : [email protected]
Phone : +1 717-208-8666
Contact Name:
Compliance Key
Contact
Email:[email protected]
Contact Phone:7172088666
https://www.compliancekey.us/webinarDetails?industryId=3&webinarid=1472&speakerid=112&source=EG_LN_CH
364 E Main Street, Suite 1009
7172088666 Fax No: 19709