Bank Secrecy Act School

Tuesday, October 25, 2022

 HYBRID CLASS

Registration is $375 for CBAO members and $565 for non-members.

Whew! What a year 2021 was as the world changed for everyone due to COVID. In the BSA world, we saw drastic changes in payment methods, changes in individual and business activity, changes in criminal behaviors, and an explosion of fraud. Then with the AML Act and FinCEN expected to issue the associated regulations, BSA personnel have endless tasks to address to keep up with the regulatory expectations. This session will give you insight into the hot topics regulators are focusing on and some tools to help you manage them.

We will cover:

• ALM Act updates
• Virtual currency and Central Bank Digital Currencies (CBDC) – what they are and ML concerns
• Marijuana legislation updates and BSA program considerations
• Cyber/cyber-crimes including ransomware
• ML/TF red flags
• Changes in criminal activity due to COVID including human trafficking
• Fintech/Payments – where the world is going and why it matters to banks
• Regulatory issuances
• Partnering with Law Enforcement
• OFAC/Country Risk – BSA program considerations

NEW: Redesigned Hybrid Class Environment!

We have all-new hybrid class equipment for our 2022 classes! This setup provides an enhanced audio and visual experience for both virtual attendees and the in-person classroom. A few of our new highlights include:

• Speaker & microphone installation across the entire classroom
• Enhanced screen sharing, digital notetaking, and more! 

Meet the BSA School Facilitator:

Nancy Lake 
Director of Training

Nancy Lake has over 17 years of experience in the BSA/AML world and was CAMS certified in 2008.  Nancy received her CAMS-Audit certification in 2013 and her CAMS-FCI certification in 2015.  She has conducted bank wide BSA/AML training, including Board of Director training.  Along with conducting monthly online training, Nancy speaks at numerous conferences through the year in the U.S., and even overseas.  For seven years, she has been an instructor at the PA Bankers School of Banking, and for 7 ½ years Nancy served as Director of Compliance Anchor, the training and consulting division of Atlantic Community Bankers Bank.

Nancy has utilized her BSA experience as an educator to assist financial institutions in the areas of training, risk management, and the development of sound internal programs and best practices for the past 16 years.  She has previously served as BSA Officer in multiple community banks where she successfully created and implemented the entire BSA program, including one bank with numerous international MSBs.  Nancy has experience working with and implementing several automated BSA/AML transaction monitoring systems. In September 2020, Nancy joined ARC Risk and Compliance as their Director of Training.

If you are having issues with registering online, please contact CBAO's Education & Training Coordinator, Malia Widder, (614) 610-1877.