FMS Philadelphia Webinar – Interpreting FFIEC BSA/AML Manual Updates

Date: Wednesday, October 14, 2020 | 12:00 PM - 1:00 PM

Venue: Your Computer,

Description: Joseph Galdo, CPA, CFE, CAMS, Manager of Mercadien’s Financial Institutions and Forensic & Litigation Support Services is presenting a webinar on Wednesday, October 14th, 2020 for FMS Philadelphia entitled, Interpreting FFIEC BSA/AML Manual Updates.

The Federal Financial Institutions Examination Council (FFIEC) released an updated version to certain portions of its Bank Secrecy Act/Anti-Money Laundering (BSA/AML) Examination Manual on April 15, 2020. The BSA/AML manual outlines the guidelines bank examiners follow when assessing the adequacy of a bank’s BSA/AML compliance program. However, it can also serve as a tool for financial institutions to provide insight on expectations for regulatory compliance, as well as how institutions are evaluated during the examination process.

Learning objectives:

  • Purpose & history of the FFIEC BSA/AML Manual
  • Understand how to utilize key takeaways
  • Review & comprehend the specific updates made to the manual
  • Assess the impact these changes will have on examinations
  • Make necessary program adjustments for temporary changes in customer behavior due to pandemic

Hosted by: FMS Philadelphia

For more information or to register, click here.