BSA/AML Basics Seminar - Louisville

If you are not a KBA member, please contact Jamie Hampton at or 502-736-1278 for the possibility of attending at a non-member rate.

Seminar 9 a.m. - 4 p.m. local time. Registration begins after 8:30 a.m. with breakfast.

This one-day seminar provides an up-to-date overview of your basic BSA/AML compliance responsibilities. If you're new to BSA or want a comprehensive BSA knowledge base, this is the best first program for you.

Topics include:
  • BSA Pillars
  • Why CTRs and SARs are critical
  • How to ensure you have an effective customer identification program
  • Everything you need to know about beneficial owners
  • Who your high-risk customers are and what enhanced due diligence is needed for them

Who Should Attend

New BSA officers and staff (and anyone who needs a refresher), compliance officers, internal audit staff and any employee who assists with BSA monitoring, auditing or compliance.


This session covers the five pillars required for your BSA program: 1) Internal Controls, 2) BSA Officer, 3) BSA Training Program, 4) Independent Testing and 5) Customer Due Diligence. But what makes a strong program versus one that meets the bare minimum? What does it mean to have ultimate board oversight and commitment to the BSA program? And what does it truly entail to be the BSA Officer? This program will cover basic requirements as well as best practices.

Beneficial Ownership

Beneficial ownership has been covered in-depth over the last couple years and this session will prepare attendees for their first post-effective-date exam. It provides a simple roadmap that illustrates what you need and for which customers. We will also cover the highlights of the interagency exam procedures, review feed- back from regulators and touch on themes from the hundreds of C/A Hotline questions related to implementing this rule.

High-Risk Monitoring and Enhanced Due Diligence

Identification of higher-risk customers, products and services is critical to the bank's underlying risk assess-ment. But how do we know who or what poses a higher risk of money laundering or terrorist financing? This session covers identifying high-risk BSA areas, how to mitigate those risks and whether a customer or product deemed high risk needs to continually be considered high risk.

Currency Transaction Reports

This session covers requirements related to reporting currency transactions over $10,000 and will also discuss frequently asked questions - for example, how joint accounts, sole proprietorships and armored car services impact your CTR requirements.

Suspicious Activity Reports

Suspicious Activity Reporting is one of the most important BSA duties your financial institution has. The information gathered is compiled by FinCEN and utilized by various government agencies. As such, understanding when reports must be done, when reports should be done and what information you need in order to fill out a useful report is imperative. This presentation also covers frequently asked questions and best practices.

Customer Identification Program

CIP is the cornerstone of your bank's "know your customer" program. This presentation tackles when identification is required, who you need identification from and what information is needed when a customer does not have a traditional ID. We'll cover a myriad of issues like foreign customer IDs, business verification and power-of-attorneys and other agent accounts.

Cancellation Policy

Cancellations received more than 30 days prior to the event will receive a full refund. Cancellations received between 29 days and 10 days prior to the event will be charged a $50 processing fee. There will be no refund for cancellations received less than 10 days prior to the event. Substitutions are always welcome and encouraged. All cancellations and substitutions must be submitted in written format prior to the event.
11/19/2019 - 11/19/2019
Kentucky Bankers Association
600 West Main Street
FIRST FLOOR Training Room
Louisville, KY 40202

About the Speaker(s)

 List View Contact
Julie Gutierrez
Julie Gutierrez
Compliance Alliance
Ms. Silvia Garcia Maggio
Silvia Maggio
Compliance Alliance

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