The Bank Secrecy Act (BSA) is a US law that fights money laundering and other financial crimes. BSA requires businesses to keep records and file reports that are determined to have a high degree of usefulness in criminal, tax, and regulatory matters. Individuals and financial institutions who fail to comply with BSA requirements may face severe penalties and for more serious offenses, prison sentences. BSA rules and regulations must be followed by financial institutions. Although financial institutions have been managing BSA operations in accordance with regulatory requirements, the shift to BSA audits has become increasingly important. Regulators look to the Bank for confirmation and proof that BSA operations are being audited properly to ensure that BSA efforts are implemented and managed properly.
During this webinar, Justin will discuss BSA reporting requirements, new mandates released over the past 6 months, the requirements financial institutions have to abide by and being prepared for audits and exams this year.
This session provides a foundational understanding of the rules and regulations governing ACH (Autom...
Nowhere is the gap between technology and regulation more pronounced than in AI. For lawyers, this o...
In this seminar, we explore how attorneys can take command of difficult negotiations by blending str...
Are you as knowledgeable in the Fair Lending regulations? Do you know how they pertain to your role ...
Explore the transformative potential of generative AI in modern litigation. “Generative AI for...
This program explains the dynamics of generational diversity in the legal workplace, examining how i...
This presentation examines the rapidly evolving legal landscape surrounding social media platforms, ...
Session 8 of 10 - Mr. Kornblum, a highly experienced trial and litigation lawyer for over 50 years, ...
This program will cover how to prepare an effective letter tendering defense and indemnity of an add...
This 1-hour program provides a comprehensive exploration of the ethical and compliance challenges in...