The Federal Financial Institutions Examination Council, on behalf of its members, released updates to the following sections of the Bank Secrecy Act/Anti-Money Laundering Examination Manual.  During this webinar we will review these revisions for changes in your audit, policy and procedures.  Learn more about what these revisions mean to your financial institution.

•  Special InfoAlertrmation Sharing Procedures to Deter Money Laundering and Terrorist Activity
•  Due Diligence Programs for Correspondent Accounts for Foreign Financial Institutions
•  Due Diligence Programs for Private Banking Accounts
•  Prohibition on Correspondent Accounts for Foreign Shell Banks; Records Concerning Owners of Foreign Banks and Agents for Service of Legal Process
•  Summons or Subpoena of Foreign Bank Records; Termination of Correspondent Relationship; Records Concerning Owners of Foreign Banks and Agents for Service of Legal Process
•  Reporting Obligations on Foreign Bank Relationships with Iranian-Linked Financial Institutions

Who should attend?   BSA Officers, BSA Staff, BSA Auditors and Management