This Bank Secrecy Act risk assessment training will highlight BSA's best practices that are being acknowledged and recognized by regulators and examiners. We will also discuss AML risk categories and each risk assessment area.
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, understanding the banking risk threshold as well as assisting in OFAC 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.
Key goals of this BSA risk assessment course are:
1. Determining completeness of the risk assessments
2. Determining the thoroughness of risk assessments
3. Determining if current risk assessment matrixes are appropriate for your organization
To discuss how to establish risk assessments for your organization, specifically:
1. BSA risk assessments
2. AML risk assessments
3. OFAC risk assessments
Key goals of this BSA risk assessment course are to:
Discuss how to conduct a comprehensive review of your organization's BSA/AML/OFAC risk assessment, including:
1. Determining completeness of the risk assessments
2. Determining the thoroughness of risk assessments
3. Determining if current risk assessment matrixes are appropriate for your organization
Discuss how to establish risk assessments for your organization, specifically:
1. BSA risk assessments
2. AML risk assessments
3. OFAC risk assessments
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, understanding the banking risk threshold as well as assisting in OFAC 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.
Key goals of this BSA risk assessment course are:
1. Determining completeness of the risk assessments
2. Determining the thoroughness of risk assessments
3. Determining if current risk assessment matrixes are appropriate for your organization
To discuss how to establish risk assessments for your organization, specifically:
1. BSA risk assessments
2. AML risk assessments
3. OFAC risk assessments
Key goals of this BSA risk assessment course are to:
Discuss how to conduct a comprehensive review of your organization's BSA/AML/OFAC risk assessment, including:
1. Determining completeness of the risk assessments
2. Determining the thoroughness of risk assessments
3. Determining if current risk assessment matrixes are appropriate for your organization
Discuss how to establish risk assessments for your organization, specifically:
1. BSA risk assessments
2. AML risk assessments
3. OFAC risk assessments
Craig Taggart
Craig Taggart 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 several different industries and has significant experience working with companies in continuing education, transportation, software, and professional services. He is currently working in …
Zero Acceptance Sampling to Reduce Inspection Costs
Project Management for Non-Project Managers - How to commun…
Why EBITDA Doesn't Spell Cash Flow and What Does?
FDA Compliance And Laboratory Computer System Validation
Workplace Investigations 101: How to Conduct your Investiga…
Do's and Don'ts of Documenting Employee Behaviour, Performa…
Fostering a Culture of Respect: Eliminating Gossip, Rumour…
Gossip-Free: Leadership Techniques to Quell Office Chatter
Human Error Trends as AI Enters GMP Operations: What QA Lea…
2026 EEOC & Employers: Investigating Claims of Harassment …
Stop Letting Toxic People Control Your Day
AI for Excel Professionals: Enhancing Productivity with Cha…
Building a High-Performance Team in 90 Days
Introduction to Microsoft Power BI Dashboards
Bootcamp for New Managers and Supervisors: Develop These Es…
Dealing with Difficult People: Managing Strong Personalitie…
The Perfect Storm Coming to Healthcare: Value Based Care Me…
Excel - Lists and Tables - A Beginner's Guide to Managing L…
Stop Letting That Difficult Person Ruin Your Day: Effective…
Reinvent Your HR Department with ChatGPT
Using Claude in Excel for Productivity, Automation & Data A…
DOL Reverses Course on Independent Contractor Rule for 2026…
FDA Technology Modernization Action Plan (TMAP) and Impact …
GROUPBY and PIVOTBY functions. Pivot table killers?
Discover how Emotional Intelligence turns AI from a technic…
Sunshine Act Reporting - Clarification for Clinical Research
FDA Recommendations for Artificial Intelligence/Machine Lea…
Cleanroom, Microbiology and Sterility Assurance Practices f…
Faster, Better Talent Acquisition: Leveraging AI & ChatGPT …
Data Integrity and Privacy: Compliance with 21 CFR Part 11,…
FDA Audit Best Practices - Do's and Don'ts
Medical Device Hazard analysis following ISO 14971
Interactive dashboards & analytics in Excel