Summary - 2026 AML/CFT (BSA) Two-Day Compliance School

Anti-Money Laundering Act (AMLA 2020) Implementation
Customer / Member Due Diligence - The Program and the Process
Suspicious Activity Reporting (SAR) - (FinCEN Form 111) and reporting Suspicious Activity
Establishing a Risk-Based Program of Identifying and Classifying Your Customers / Members
Overview of Regulatory and Statutory Components of AML/CFT (BSA)
Updated Examination Procedures
Information Sharing (314 (a) & (b)) and Other Title III Programs
Completing the Currency Transaction Report (FinCEN Form 112)
Exempting Eligible Customers from the CTR Filing (Form 110)
How OFAC Fits into the Process - the Sanctions Compliance Program (SCP)

This two-day school covers in detail the issues and opportunities in the ever-expanding environment of the Anti-Money Laundering and Countering the Financing of Terrorism (AML/CFT) and reviews the entire realm of the BSA from “A” to “Z”. From decades old Currency Transaction Reporting (CTR) and various recordkeeping requirements, to institutional risk assessment, customer due diligence (CDD), beneficial ownership expectations/modifications, and suspicious activity reporting, students from the novice appointee to the tenured AML/CFT (BSA) professional will find the discussions and interactions to be of great value.

Recent Congressional focus and well-publicized BSA enforcement actions and fines continue to support a climate proving AML/CFT compliance remains of paramount importance to all financial institutions. Treasury continues to rely on financial institutions to serve as the “front-line gatekeepers” for law enforcement efforts to safeguard the U.S. financial system from the abuses of financial crimes, including money laundering and terrorist financing. The federal regulatory agencies continue to rely on financial institutions to take “every reasonable step” to identify, minimize, and manage any risks that illicit financial activity may pose to the individual institution and the industry. Ongoing initiatives by the Financial Crimes Enforcement Network (FinCEN), and continued expansions of the federal examination procedures, reinforce the need to have a strong AML/CFT (BSA) program at your institution.

This seminar assists financial institutions in meeting the annual training requirements imposed by the BSA regulations and provides attendees with the opportunity to network with other professionals interested in AML/CFT (BSA) compliance.

Latest on Anti-Money Laundering Act (AMLA) 2020 Compliance
Corporate Transparency Act Implementation
AML/CFT National Priorities Utilization (expected to be released)
Modernization of the AML/CFT Regulatory Regime (expected to be released)
Whistleblower Program Regulations (expected to be released)
Statutory and Regulatory Requirements
Enforcement Actions, MRIAs, and the “Lessons Learned”
Acronym Review and Sources of Information
Proposed Regulatory Changes - Status
Currency Transaction Reporting – FinCEN Form 112
Exemption “Opportunities” From CTR Reporting
Recordkeeping Requirements
Office of Foreign Assets Control (OFAC) - Sanctions Compliance Program (SCP) Framework
Title III – Remaining pieces
Registered Investment Advisor Requirements under BSA

Customer / Member Due Diligence - The Program and The Process
Beneficial Ownership Modifications (expected to be released)
“High-Risk” Products, Services, and Geographies
Institutional Risk Assessments
Suspicious Transactions, Terrorist Financing, and other Money Laundering Techniques
Suspicious Activity Reporting (SAR) - FinCEN Form 111
Financially Motivated Sextortion, Chinese Money Laundering Networks, Convertible Virtual Currency (CVC) Kiosks for Scam Payments, Bulk Cash and Oil Smuggling, Deepfake Media Abuse, Elder Financial Exploitation, Counterfeit Passport Cards, Real-Estate Geographic Targeting Orders, “De-Risking”, Money Services Businesses, and Other High-Risk Clients and Entities.
Federal BSA/AML Examination - Latest Updates

Attendees: $830

Each Additional Attendee: $755

Registration Policy: ProBank Education Services permits one participant per paid registration to access the program via a single internet connection at one physical location. Additional registrations are available at a discounted rate and may be registered online, by mail, or phone. Group viewings are not permitted. All unregistered participants will be invoiced. Please note we reserve the right to change speakers or reschedule/cancel seminars when necessary.