Credit unions are getting caught between stricter regulations concerning member data and increasingly broader powers of government to acquire this data, and the responsibility of such Bank Secrecy Act compliance requires oversight by financial institution management.
To provide an overview of what managers/CEOs should know about BSA compliance and implementation, the MCUL & Affiliates is offering a convenient and affordable webinar on the topic, Tuesday, Oct. 9 from 1-2:30 p.m.
During this webinar, attorney Robert Rutkowski will discuss the latest trends from FINCEN and NCUA, how to identify “Suspicious Activity Report” and “Currency Transaction Report” events, timetables and penalties and how to assign appropriate levels of BSA resources using a risk-based analysis. At an advanced level, the session will cover the Bank Secrecy Act so that executives can use this knowledge to keep their credit unions in compliance in this important area of law.
The webinar is priced at just $129 per Internet connection, which includes a complimentary Webinar on Demand archive that may be downloaded, saved and shared for permanent reference. To learn more or to register, click here.