Program Description:
The Bank Secrecy Act is designed to deter crime through its
record keeping and reporting requirements. These
reporting requirements provide the government with a
paper trail by which law enforcement agencies can track
suspicious financial transactions.
After Completing this Course, Students Will Be Able to:
- Explain what the Bank Secrecy Act is, and why it was
created
- Describe the compliance programs required by the
Bank Secrecy Act
- Complete and submit required Bank Secrecy Act reports
- Explain the timeframes and procedures for
maintaining Bank Secrecy Act reports
- Explain to clients why Bank Secrecy Act reports are
required
Who Should Attend:
Any bank manager or senior level employee who wants
an overview of how BSA fits into deposit operations or
lending functions of a banking office or department.
|
