Introductory BSA/AML Examiner School, Providence, RI

USA PATRIOT Act Section 352

Development and implementation of an Anti-Money Laundering Compliance Program by all financial institutions that includes:

• The development of internal policies, procedures and controls; • The designation of an Anti-Money Laundering Compliance Officer • An ongoing employee training program; and • An independent audit function to test the program initially and on an ongoing basis • May 11, 2018 Beneficial Ownership

Customer Due Diligence Rule • May 11, 2016 Customer Due Diligence Requirements for Financial Institutions • Compliance by May 11, 2018 • Not Retroactive