Webinar: BSA Training for Board & Senior Management
August 6, 2025 3:00 pm - 4:00 pm
The BSA “buck” stops with the board of directors.
They have ultimate accountability for and oversight of your institution's BSA compliance program and are responsible for ensuring a comprehensive, effective program. Does your board regularly assess the BSA program’s implementation and effectiveness? The examiners will!
AFTER THIS WEBINAR YOU’LL BE ABLE TO:
- Describe how artificial intelligence, deep fakes, and synthetic identities work
- Explain the controls that can curtail fraud and money-laundering attempts
- Create a culture of compliance within your organization
- Identify what a risk assessment should entail
- Recognize the key elements of a Bank Secrecy Act (BSA) anti-money laundering (AML) program
WEBINAR DETAILS
Auditors and examiners review BSA compliance annually. Year after year, your AML/countering terrorist financing programs need to evolve as scams, frauds, and money laundering efforts become more sophisticated. With the addition of more electronic access and fewer face-to-face accountholder interactions, risks from fraud, deep fakes, misuse of artificial intelligence, and synthetic identities are becoming more pronounced. Examiners want to ensure you are up to date not only on changes to BSA and OFAC requirements, but also on how to handle these evolving risks. You are responsible for ensuring that enough resources are allocated to address these issues (as demonstrated by a $1.3 billion penalty against a bank who failed to do so). The examiners want to know how you intend to get there.
WHO SHOULD ATTEND?
This informative session is designed for directors, audit committee members, senior management, auditors, and compliance staff.
TAKE-AWAY TOOLKIT
- Links to internet resources
- Risk assessment checklist
- Employee training log
- Interactive quiz
- PDF of slides and speaker’s contact info for follow-up questions
- Attendance certificate provided to self-report CE credits
Speaker: Mary-Lou Heighes, Compliance Plus, Inc.
Mary-Lou Heighes is President and founder of Compliance Plus, Inc., which has assisted financial institutions with the development of compliance programs since 2000. She provides compliance training for trade associations and financial institutions. Mary-Lou has been an instructor at regulatory compliance schools, conducts dozens of webinars, and speaks at numerous conferences throughout the country.
Involved with financial institutions since 1989, Mary-Lou has over 30 years’ compliance experience. Before starting Compliance Plus in 2000, she spent five years working as a loan officer, marketer, and collector. She also worked at a state trade association for seven years providing compliance assistance and advising on state and federal legislative issues that affect financial institutions.