Introductory BSA/AML Examiner School, Providence, RI

BSA/AML Compliance Program Structures (Enterprise-Wide Compliance) Moderated Monitoring Companies Panel In this section, the instructors will moderate a panel of representatives from automated monitoring system companies.

2:30 PM 3:00 PM

Wrap-Up Session Amy Richardson and Jack Powell

4:00 PM

Adjourn

4:30 PM

Thursday, May 23, 2019 8:30 AM

Review of Day 3 Material Jack Powell and Amy Richardson

Automated Monitoring Systems Amy Richardson and Jack Powell This section will discuss the examination implications of BSA/AML automated monitoring systems.

9:00 AM

Break

10:00 AM

Case Study - Automated Monitoring Filters Amy Richardson

10:15 AM

Examination Results Jack Powell This is the section where the class will go over the examination results and recommendations.

10:45 AM

Lunch

11:45 AM 1:00 PM

Money Transmitters and Prepaid Access Cards Amy Richardson

An overview of the money transmission industry, including the types of business models utilized. Additional discussion will be on how banks perform due diligence on Money Transmitter accounts on an ongoing basis. This module will also discuss the different types of prepaid access devices, how the prepaid market is structured and regulatory updates. Risks and mitigates for prepaid access devices will also be reviewed.

Break

2:00 PM 2:15 PM

BSA Exam Findings Exercise Amy Richardson

Emerging Issues Amy Richardson This module will discuss emerging products and services. Risks and mitigates will also be reviewed.

3:15 PM

Wrap-Up Session Amy Richardson

4:00 PM

Adjourn

4:30 PM