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2019 - Key Components to Suspicious Activity Monitoring and Reporting Process: Do You Know Them?



VenueOnline, USA - United States USA - United States



Topics/Call fo Papers

Every day in your branches situations occur which are considered "suspicious" and may even put your employees and customers into what we will call a "felony moment." If your customer asks "Should I deposit this money?" The answer your officer gives may encourage the customer to structure, and that is a problem for both the customer and the employee. This program will answer commonly asked frontline questions and it will go over the red flags for money laundering for deposits and loans. You won't want to miss this fun frontline approach to red flags and your anti-money laundering program.
Why should you attend this webinar?
Why identifying suspicious activity is so important.
How to identify suspicious activity.
How to monitor suspicious activity.
How to report suspicious activity.
How suspicious activity reports are used by law enforcement.
Areas Covered in the Session:
How can I talk to my customer about currency transactions without getting into a "felony moment"?
The money smells like marijuana. Is this something I should be concerned about?
The customer told me that she is hiding money from the IRS, should I tell BSA?
What are the Red Flags for Elder Abuse?
What are some of the scams for loans and mortgages?
What are the Red Flags for Identity Theft?
When do we tell the BSA officer, and what should we use to communicate?
Sample Incident reports for operations, loans, and branches.
The customer washed and ironed the money. Is this suspicious?
The customer had me count $15,000 cash and then went to a safe deposit box, should I let BSA know?
We did not book the mortgage loan so why should I tell BSA that the identification and TIN did not match?
Who can Benefit:
Target Audience
Front line BSA/AML staff
Account opening staff
Risk managers
BSA/AML Officers
Compliance Officers
BSA/AML Audit staff
Industry: Industries who will benefit
Money Service Businesses
BSA/AML Consultants
Thomas E Nollner is keynote speaker at ComplianceKey he has more than 38 years of experience in financial institution supervision and consulting. Mr. Nollner spent 30 years as a National Bank Examiner (NBE) for the Comptroller of the Currency where he was a safety and soundness examiner and a compliance examiner.
Compliance Key
Phone: +1 717-208-8666

Last modified: 2019-06-21 13:54:36