AML/BSA Basics and Compliance

Strengthen your expertise in Anti-Money Laundering (AML) and Bank Secrecy Act (BSA) compliance with our comprehensive training event, AML/BSA Basics and Compliance. This two-hour session is designed for professionals in financial services who are ready to master the essentials of fraud prevention, regulatory requirements, and risk management strategies.
 
With evolving regulations and increasing complexity in financial transactions, staying compliant is more critical than ever. This interactive, expert-led event provides actionable insights into maintaining robust compliance frameworks while safeguarding your organization’s integrity.
Why Attend?
 
Earn 2 CPE Credits
 
This training is NASBA-approved, and participants earn two Continuing Professional Education (CPE) credits, boosting their professional development credentials in auditing and compliance.
 
Master AML and BSA Compliance
 
Learn to identify and manage risks, strengthen internal controls, and meet all AML/BSA compliance requirements, ensuring your organization operates within legal and ethical standards.
 
Identify Red Flags and Prevent Fraud
 
Recognize suspicious activity, understand structuring techniques, and apply practical tools to detect and prevent money laundering within your institution.
 
Engage With Industry Experts
 
Gain valuable insight from seasoned professionals who specialize in financial regulations and risk management.
 
Key Features of the Training
Interactive Learning: Participate in engaging discussions and get answers to your questions in real time through our live, internet-based format.
Practical Applications: Beyond theory, this course delivers practical strategies for compliance, ensuring your knowledge transitions seamlessly into your day-to-day responsibilities.
Relevant Content: Stay updated on evolving regulations and trends in AML/BSA compliance, including Customer Due Diligence (CDD) and Know Your Customer (KYC) requirements.
 
What You’ll Learn
 
This focused program covers everything you need to excel in compliance roles, from foundational concepts to advanced techniques.
AML/BSA Fundamentals: Understand the history, significance, and regulatory requirements of Anti-Money Laundering and the Bank Secrecy Act.
Red Flags and Techniques: Learn about structuring methods, such as micro-structuring and cuckoo smurfing, that are used to launder money.
Regulatory Reporting: Gain expertise in filing Currency Transaction Reports (CTRs) and Suspicious Activity Reports (SARs), critical for compliance.
Customer Due Diligence (CDD) and KYC: Delve into the latest guidelines for vetting customers and ensuring adequate due diligence.
Fraud Detection and Internal Controls: Develop strategies for enhancing controls to detect and mitigate potential fraud risks.
 
Course Agenda
 
The training session is structured for maximum impact and learning within a short timeframe. Topics include:
Introduction to AML and BSA:
Explore the fundamental definitions and the role of AML/BSA in financial institutions.
Key Regulatory Requirements:
Overview of the Bank Secrecy Act and USA PATRIOT Act provisions.
Delve into CTRs, SARs, and CDD/KYC requirements.
Managing AML Alerts:
Learn how to handle alerts effectively and investigate suspected cases of money laundering or fraud.
Red Flag Recognition:
Identify common money laundering tactics and fraud schemes, including structuring and identity theft warning signs.
Compliance Challenges and Solutions:
Address modern challenges like false positive alerts, analytic engines, and fraud overlaps with actionable tips.
Q&A and Strategy Development:
Engage directly with instructors to solidify your understanding and apply concepts to real-world scenarios.
 
Who Should Attend?
 
This training is ideal for financial professionals seeking to deepen their understanding of compliance and risk management strategies. Targeted participants include:
Compliance Officers and AML specialists
Internal Auditors in financial institutions
Risk management teams and fraud prevention officers
Professionals new to the field or looking to refresh their knowledge
No prior experience or preparation is required, making this course suitable for participants at the basic level.
 
Session Details
 
When: Every 6 weeks, Tuesdays, 10 a.m.–12 p.m. CST
Where: Online, live, group-based session
CPE Credits: 2 credits (50 minutes of instruction per credit hour)
Private Training Events: Available for groups of two or more with flexible scheduling options.
 
Why AML and BSA Compliance Matters
 
With financial crimes becoming more sophisticated, institutions face increasing scrutiny from regulators worldwide. AML/BSA compliance not only protects your organization from hefty fines but also preserves its credibility in the global financial system.
 
This course equips you with knowledge and skills to help your institution build a proactive defense against money laundering activities, ensuring ethical operations while contributing to a safer financial ecosystem.
 
Register Today
 
Don’t miss the opportunity to enhance your compliance knowledge and skills. These insights aren’t just about meeting regulatory expectations—they’re about creating safer, more transparent processes across the financial sector.
 
Sign up now for the next session and take the first step towards mastering AML/BSA compliance. Your organization—and your career—will thank you!