Summary - 2026 AML/CFT (BSA) Compliance Update

AML/CFT (BSA) Modernization, Corporate Transparency ACT Implementation, Beneficial Ownership Modernization, ERC, Check and “Other” Fraud, Elder Financial Exploitation, Human Smuggling & Human Trafficking, SAR Trends, and much more.

A full-day seminar explaining the latest regulatory changes and how to effectively bring your program up to speed.

This seminar highlights the ever-increasing federal expectations for AML/CFT (BSA). Customer/Member Due Diligence remains THE focus in AML/CFT (BSA) compliance, with the major emphasis on Suspicious Activity Reporting. The voluminous changes coming out of AMLA 2020 and the Corporate Transparency Act will be detailed. The latest guidance on 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, along with Passport Card and “Other” Fraud schemes are covered. Ongoing monitoring for Money Services Businesses (MSBs) and other “High-Risk” Clients are highlighted. Institutional risk assessments and the latest guidance on high-risk products, services, and geographies are reviewed.

Suspicious activity reporting trends and the most recent guidance from Treasury on proper Suspicious Activity Report completion are discussed. The impacts to financial institutions from the current federal BSA examination procedures are identified. The regulations affecting financial institutions from the Office of Foreign Assets Control (OFAC) are highlighted and the Sanctions Compliance Program (SCP) framework is discussed. Suspicious transactions, terrorist financing, and other money laundering techniques are also reviewed.

Currency Transaction Reporting (CTR), Exemptions from CTR reporting, Customer/Member Identification (CIP) requirements, foreign correspondent banking and private banking account management, SAR reporting requirements for insurance affiliates, record retention requirements, and the evolution of BSA are documented in detail. This seminar assists financial institutions in meeting the annual training requirements imposed by the BSA regulations and provides attendees the opportunity to network with other professionals interested in BSA compliance.

Anti-Money Laundering Act (AMLA) 2020 Compliance
- Corporate Transparency Act Implementation
- AML/CFT National Priorities Utilization (expected to be released)
- Whistleblower Program Regulations (expected to be released)
- Modernization of the AML/CFT Regulatory Regime (expected to be released)
Beneficial Ownership Modifications (expected to be released)
Customer/Member Due Diligence
Suspicious Activity Reporting (SAR) - Latest Trends and Rulings
Money Services Businesses (MSB), Hemp and Marijuana Related Enterprises (HRE/MRE), and Other "High-Risk" Clients
Risk Assessments
Examination Procedures - Latest Updates
OFAC Compliance - Sanctions Compliance Program (SCP)
Money Laundering Techniques and Suspicious Transactions

Documentation Covering

Currency Transaction Reporting
CTR Exemption Opportunities
Customer/Member Identification (CIP)
Foreign Correspondent Bank and Private Banking EDD
Information Sharing 314a and 314b
SAR for Insurance Affiliates
Record Retention Requirements
Information Sources
BSA "Evolution" and "Lessons" from BSA Enforcement Actions

The Treasury Department 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 to the industry. Ongoing initiatives by the Financial Crimes Enforcement Network (FinCEN) and the continued expansions in the federal examination procedures reinforce the need to have a strong AML/CFT (BSA) program at your institution. This full-day update seminar covers the major issues and opportunities in the ever-expanding environment of Anti-Money Laundering and Countering the Financing of Terrorism.

Attendees: $445

Each Additional Attendee: $395

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.