Board Bank Secrecy Act Annual Training
Investment: Benefit of membership
pdf Session Handouts (592 KB)
This session has been developed for credit union boards of directors and reviews the board's responsibilities under the Bank Secrecy Act. These responsibilities include: Risk Assessments, Money Laundering, Member Identification Program (MIP), Member Due Diligence, CTR and SAR reporting along with requirements under the Office of Foreign Assets Control (OFAC). BSA and OFAC require ongoing training and this webinar helps the credit union satisfy that requirement while highlighting the "hot topics" that board members need to be aware of.
Run time: 29 minutes ▪ Screen resolution: 1024 x 768