BSA 101 Seminar

If you are not a KBA member, please contact Jamie Hampton at jhampton@kybanks.com for the possibility of attending at a non-member rate.

Online registrations are followed up with an email confirmation. Once an online registration is started you must click proceed to check-out and then click submit to finalize the registration. Registrants can view events they are registered for by using the MyKBA link on https://www.kybanks.com.

This seminar provides a complete overview of Bank Secrecy Act (BSA) regulatory requirements, how to spot AML red flags, and to develop a comprehensive CDD profile of customers. This course incorporates case studies to demonstrate real world examples. This course is for those in retail, bookkeeping, lending and everyone in-between. 

This course is designed to be an introductory course to BSA requirements and regulations. 

Benefits from Attending 

Understand Bank Secrecy Act regulations and requirements that financial institutions must follow. 
Explore how regulatory concepts apply to the real world. 
Learn skills to identify if something is amiss in customer relationships. 
Understand why it is important to know your customer and effective ways to do so. 
Learn how to recognize normal behavior for a customer and how that can be used to identify abnormal behavior. 
BSA Requirements and how they relate to the lending function. 

Regulatory Concepts Addressed

Customer Identification requirements. 
Customer Due Diligence
Beneficial Ownership requirements
Currency Transaction Reports
Recognizing and identifying Suspicious Activity 
Funds Transfer Requirements
The Purchase and Sale of Monetary Instruments
Office of Foreign Asset Control  
Financial Elder Abuse red flags
Signs of Structuring

Part 1: The New Customer

   • Customer Identification Program Requirements
   • Beneficial Ownership
   • Developing a Customer Profile of Anticipated Activity
   • Office of Foreign Asset Control Considerations

Part 2: Ongoing Monitoring

  • When activity differs from anticipated 
  • Identifying Suspicious Activity
  •    Transactional red flags

Part 3: Transactional Activity

   • Currency Transaction Reports 
   • Purchase and Sale of Monetary Instruments
   • Funds Transfers

Who Should Attend
All financial institution employees, both those with limited knowledge of BSA regulations or those that need a refresher. 

Event Brochure
When
7/9/2025 9:00 AM - 4:00 PM
Eastern Daylight Time
Where
Kentucky Society of CPAs 1735 Alliant Avenue Louisville, KY 40299
Registration
Sign in or create an account to register

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About the Speaker(s)



Mrs. Jessie Southworth
Kentucky Bankers Association

Jessie serves as the Director of Education with the Kentucky Bankers Association. She has an extensive background in bank regulation and spent over 10 years with the Kentucky Department of Financial Institutions where she served as a field examiner, case manager, training coordinator and acting bank branch manager. In that position she examined bank and credit unions BSA programs, and reviewed examination findings. She spent five years as an instructor with the Conference of State Bank Supervisors conducting BSA/AML trainings training financial institution examiners from across the country.


Education Alliance Cancellation Policy
Substitutions are always welcome and encouraged. All cancellations and substitutions request must be submitted in writing prior to the event.

KBA Seminar Registrations can cancel 30 days prior to the event date and 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.

KBA Schools Applicants can withdraw from a KBA School 10 days prior to the 1st day of the school for a refund minus a $150 cancellation fee. There is no refund if an applicant withdraws after the deadline or if applicant fails to attend the school, with the exception of extenuating circumstances. Due to commitments and expenses we cannot reverse, such as: handouts, food, beverages, room rentals, speaker fees, etc.; even extenuating circumstances will require partial refunds because of these expenses.