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BSA Customer Due Diligence and Enhanced Due Diligence - 2 Part Series

In this 2 part series, we'll discuss the fifth pillar of BSA – Customer Due Diligence and building a CDD questionnaire, as well as BSA risk issues with opening certain types of customer accounts, including high-risk customers and establishing and changing risk ratings.

Upcoming
August 13, 2024
August 20, 2024
Presented by Deborah Crawford
4.8 APRP Credits
$549.00 or 2 Tokens

Includes: Live Access, 30 Days OnDemand Playback, Presenter Materials and Handouts

  • BSA
  • Compliance
  • Technology/Security
  • Bank Secrecy Act Officer/BSA Specialist
  • Branch Manager
  • Compliance Officer
  • Marketing Officer/Business Development
  • New Accounts Representative
  • Security Officer
  • Training Manager
  • Trainer

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Included Webinars

  • BSA Customer Due Diligence and Enhanced Due Diligence Part 1: Building a Customer Due Diligence Questionnaire - CDD and EDD
  • BSA Customer Due Diligence and Enhanced Due Diligence Part 2: High Risk Customers - Establishing and Changing Risk Ratings

Series Details

BSA Customer Due Diligence and Enhanced Due Diligence Part 1: Building a Customer Due Diligence Questionnaire - CDD and EDD

In May 2016, we received the Customer Due Diligence regulations including beneficial ownership. In part 1 of the program we will focus on what has been called the fifth pillar of BSA – Customer Due Diligence and building a CDD questionnaire.

  • Developing baseline questions
  • Purpose and source questions
  • Transactional questions
  • International questions
  • Consumer and Entity Accounts
  • Learn to tie the questions to the monitoring system
  • Making the new account interview fluid
  • Completing Customer Identification Programs
  • Other compliance tasks that must be completed
  • Using the interview or questionnaire to prevent identity theft
  • Basic communication skills
  • Checking OFAC

BSA Customer Due Diligence and Enhanced Due Diligence Part 2: High Risk Customers - Establishing and Changing Risk Ratings

During this program, we will cover the BSA risk issues with opening certain types of customer accounts, including high-risk customers and establishing and changing risk ratings.

  • Hemp-related questions
  • Marijuana-related questions
  • Third-party payment processors
  • Casinos
  • Nonresident alien accounts
  • Politically exposed customers
  • Cash-intensive businesses
  • Accounts with international transactions
  • Money service businesses
  • Virtual asset service providers

What You'll Learn

Each webinar in the series will cover specific topics relative to the subject matter.

Who Should Attend

BSA Officer, Compliance Officer, Security Officer, Marketing, Training, Branch Administration, and New Accounts.


Deborah Crawford

Instructor Bio

Deborah Crawford is the President of Gettechnical Inc., a Florida based training company. She specializes in the deposit side of the financial institution and is an instructor on IRAs, BSA, Deposit Regulations and opening account procedures. She was formerly with Hibernia National Bank (now Capital One) and has bachelor's and master's degrees from Louisiana State University. She has 35+ years of combined teaching and banking experience.


Continuing Education Credit Information

BSA Customer Due Diligence and Enhanced Due Diligence - 2 Part Series has been approved for 4.8 APRP renewal credits by Nacha. Credits are redeemable for both Live and OnDemand viewing. For questions on certificates, please email support@oncourselearning.com. Certification holders must report these credits at Nacha.