Please join us for our 3-Day Virtual FinCrime School
Hey AML-ology Member!
You can join us for one, two, or all three days. Discount pricing is available for those attending two or three days.
Our AML-ology Mentor Members will receive special pricing and must log in to take advantage of this discount!
Upgrade your membership and become a Mentor Member to receive special pricing and exclusive benefits! If you have already upgraded, make sure to log in to your account to register and take advantage of these offers!
Each day is eligible for 6 non-ACAMS credits. All attendees will receive a certificate to submit to ACAMS upon completion of the school.
Jade Lohr, FRAML Department Assistant Manager Washington Trust BankMyself as well as several of my team members attended the BSA Virtual School. We found the curriculum to be very beneficial. We were impressed with the wide range of topics covered and found the degree in which the content was covered provided the attendees with a broad understanding of BSA. We appreciated the use of real life examples as well as the engaging atmosphere. We had great dialogue as a group and found value in having a platform to interact and ask questions. I really appreciated hearing feedback from my team members that the school provided them with an understanding of the BSA processes they perform and empowered them to perform those processes more efficiently. As a seasoned BSA professional, I found the school to be a great refresher and was excited to see some content based on current trends and legislation. I highly recommend this school for BSA professionals at all skill levels.
Annilyn Goode, Compliance Manager Loyal Trust BankI highly recommend this course to anyone who is new to B.S.A. and to those who desire a stronger grasp of proper B.S.A. processes and procedures. This course provides each participant with a solid understanding of what is necessary for their organization to have a successful B.S.A. Program. Nancy is an awesome instructor! She is extremely knowledgeable and communicates course material effectively. She challenges your knowledge and understanding of the course material.
Tue, May 14, 2024 9:00 AM - 4:30 PM EDT
This session is designed for the new BSA personnel or those wanting a refresher on the basics. We will cover an overview of the BSA, what drives your program and what to include in your program. The morning will cover 314(a), 314(b), Customer Identification Program (CIP) basics, CTRs Step-by-Step and Monetary Instrument/Funds Transfers requirements.
In the afternoon session, we will cover the basics of monitoring, software/data overview and conducting customer reviews. We will also cover SARs Step-by-Step and conclude the day with an overview of the OFAC requirements.
Attendees will be given tools to assist in setting up a solid BSA program.
| 9:00 am – 9:30 am | Introduction to BSA |
| 9:30 am – 9:45 am | 314(a) and 314(b) |
| 9:45 am – 10:30 am | CIP (Customer Identification Program) Basics |
| 10:30 am – 10:45 am | Break |
| 10:45 am – 11:45 am | CTRs Step-by-Step |
| 11:45 am– 12:00 pm | Monetary Instruments/Funds Transfers |
| 12:00 pm – 1:00 pm | Lunch |
| 1:00 pm – 2:15 pm | Monitoring Basics & Software/Data Overview |
| 2:15 pm – 2:30 pm | Break |
| 2:30 pm – 2:45 pm | Conducting Customer Reviews |
| 2:45 pm – 3:45 pm | SARs Step-by-Step |
| 3:45 pm – 4:30 pm | Overview of OFAC |
Part 1 - Wed, May 15, 2024 9:00 AM - 4:30 PM EDT
We will begin the day with a focus on understanding Criminology and the motive(s) behind why and how someone chooses to commit financial crime. Any good investigator should possess critical and analytical thinking as a skillset, so we will discuss the differences between the two and uncover how you can apply them to investigations. Risk-based decision-making is the foundation of an effective financial crimes program, so we will review the Enterprise Risk Management (ERM) framework. Rounding out the morning before lunch, we will cover scams and fraudulent schemes and how they lead to financial crime.
The afternoon will begin with some key BSA program considerations and the connection of all types of illegal activity. We will delve into terrorist financing with a focus on “domestic terrorism” and FinCEN guidance on Hamas. Red flags of terrorist financing, proliferation financing, maritime sector and Dealers in Presciou Metals and Stones. We will also consider a risk-based approach for high-risk customers including PEPs. Then we consider key lessons from consent orders and red flags of various payment types for human trafficking. We will conclude the day with program considerations for cannabis and other drugs that will be applicable whether or not you actually bank these types of customers.
Note: As significant changes to regulatory requirements are made or other news items of importance are published, we will update the agenda accordingly. The general topics will remain the same.
| 9:00 am – 9:15 am | Introduction |
| 9:15 am – 9:45 am | Criminology 101 |
| 9:45 am – 10:15 am | Critical and Analytical Thinking |
| 10:15 am – 10:30 am | Break |
| 10:30 am – 11:15 am | Enterprise Risk Management 101 |
| 11:15 am– 12:00 pm | Scams and Fraudulent Schemes |
| 12:00 pm – 1:00 pm | Lunch |
| 1:00 pm – 1:20 pm | BSA Overview, Transnational Criminal Organizations & Money Laundering |
| 1:20 pm – 1:45 pm | Terrorist Financing |
| 1:45 pm – 2:00 pm | Break |
| 2:00 pm – 2:10 pm | Various Types of Red Flags |
| 2:10 pm – 2:30 pm | High Risk Customers & PEP Considerations |
| 2:30 pm – 3:00 pm | Lessons from Consent Orders |
| 3:00 pm – 3:15 pm | Human Trafficking Red Flags for Various Payment Types |
| 3:15 pm – 4:30 pm | Program Considerations for Cannabis and Other Drugs |
Part 2 - Thu, May 16, 2024 9:00 AM - 4:30 PM EDT
Our morning session will cover the primary fraud typologies that an investigation can fall under, such as cyber and check fraud. We will learn about red flags, risk mitigation for each category, some investigatory techniques, and more.
The afternoon session will begin with a discussion on artificial intelligence and the cyber connection to various types of crime. We will then give some key points on SAR narratives and cover the FinCEN guidance tied to tax evasion & fraud. We will then delve into beneficial ownership and key pieces of the AML Act. We will briefly cover Third Party Risk Management and discuss the AML and OFAC concerns with virtual currency. We will conclude the day with an overview of OFAC as well as some key program considerations.
Note: As significant changes to regulatory requirements are made or other news items of importance are published, we will update the agenda accordingly. The general topics will remain the same.
| 9:00 am – 9:15 am | Introduction |
| 9:15 am – 9:45 am | Cyber Fraud |
| 9:45 am – 10:15 am | Check Fraud |
| 10:15 am – 10:30 am | Break |
| 10:30 am – 11:15 am | Debit/Credit Card Fraud |
| 11:15 am – 12:00 pm | Elder Financial Exploitation (EFE) and Vulnerable Adult Abuse |
| 12:00 pm – 1:00 pm | Lunch |
| 1:00 pm – 1:20 pm | Artificial Intelligence & Cyber Connection to Various Crimes |
| 1:20 pm – 1:45 pm | SAR Narrative Overview & FinCEN Guidance on Tax Evasion & Fraud |
| 1:45 pm – 2:00 pm | Break |
| 2:00 pm – 2:45 pm | Beneficial Ownership, AML Act |
| 2:45 pm – 3:00 pm | Third Party Risk Management |
| 3:00 pm – 3:45 pm | Virtual Currency |
| 3:45 pm – 4:30 pm | Advanced OFAC/Sanctions |
Tue, September 19, 2022 9:00 AM - 4:30 PM EST
This session is designed for the new BSA personnel or those wanting a refresher on the basics. We will cover an overview of the BSA, what drives your program and what to include in your program. The morning will cover 314(a), 314(b), Customer Identification Program (CIP) basics, CTRs Step-by-Step and Monetary Instrument/Funds Transfers requirements.
In the afternoon session, we will cover the basics of monitoring, software/data overview and conducting customer reviews. We will also cover SARs Step-by-Step and conclude the day with an overview of the OFAC requirements.
Attendees will be given tools to assist in setting up a solid BSA program.
All attendees will receive 6 CAMS Credits for attending.
Note: As significant changes to regulatory requirements are issued or other news items of importance are published, we will update the agenda topics accordingly. The schedule will remain the same.
| 9:00 am – 9:30 am | Introduction to BSA |
| 9:30 am – 9:45 am | 314(a) and 314(b) |
| 9:45 am – 10:30 am | CIP (Customer Identification Program) Basics |
| 10:30 am – 10:45 am | Break |
| 10:45 am – 11:45 am | CTRs Step-by-Step |
| 11:45 am– 12:00 pm | Monetary Instruments/Funds Transfers |
| 12:00 pm – 1:00 pm | Lunch |
| 1:00 pm – 2:15 pm | Monitoring Basics & Software/Data Overview |
| 2:15 pm – 2:30 pm | Break |
| 2:30 pm – 2:45 pm | Conducting Customer Reviews |
| 2:45 pm – 3:45 pm | SARs Step-by-Step |
| 3:45 pm – 4:30 pm | Overview of OFAC |
Wed, May 18, 2022 9:00 AM - 4:30 PM EST
We will begin the day with a reminder of the key foundations of your BSA program and how that drives your policy and procedures when onboarding customers. We will delve into non-U.S. citizens, synthetic ID Theft, and various types of risks to consider when determining your onboarding policies and procedures. We will also cover all the key updates from FinCEN on the Exam Manual, NPRM on Beneficial Ownership, and the ANPRM on Real Estate and why that is important in light of the Pandora Papers.
The afternoon will cover an overview of OFAC including an overview of “A Framework for OFAC Compliance Commitments” that OFAC references in every consent order since 2019. We will also share key Cyber information as well as some recent BSA news articles. We will conclude with SAR narrative writing and FinCEN guidance issued during COVID.
Attendees will be given a variety of resources to enhance their BSA program.
All attendees will receive 6 CAMS Credits for attending.
Note: As significant changes to regulatory requirements are issued or other news items of importance are published, we will update the agenda topics accordingly. The schedule will remain the same.
| 9:00 am – 9:15 am | Introduction |
| 9:15 am – 10:30 am | Customer Onboarding (CIP/Synthetic ID Theft/Risk Considerations – Customers, Products, Services, Geographies CDD/EDD) |
| 10:30 am – 10:45 am | Break |
| 10:45 am – 11:15 am | Exam Manual Updates |
| 11:15 am– 11:45 pm | Beneficial Ownership Including Shell/Shelf Companies/Pandora Papers/FinCEN’s NPRM on Beneficial Ownership Reporting |
| 11:45 am– 12:00 pm | FinCEN’s ANPRM on Real Estate |
| 12:00 pm – 1:00 pm | Lunch |
| 1:00 pm – 1:15 pm | Money Laundering |
| 1:15 pm – 1:45 pm | Lessons Learned from Recent BSA/OFAC Consent Orders |
| 1:45 pm – 2:00 pm | Break |
| 2:00 pm – 2:30 pm | OFAC |
| 2:30 pm – 3:00 pm | Cyber News & Other BSA Recent News |
| 3:00 pm – 4:30 pm | Writing Effective SARs and Partnering with Law Enforcement |
Thu, May 19, 2022 9:00 AM - 4:30 PM EST
We will begin the morning discussing Terrorist Financing and Proliferation Financing as these are two of FinCEN’s priorities as they implement the AML Act regulations. Then we will delve into the ever-evolving world of payments and fintechs. We will also cover FinCEN’s guidance on Environmental Crimes, and briefly discuss the FDIC’s Proposed Guidance on Third-Party Risk Management and the OCC’s Guidance on Model Risk Management.
The afternoon will cover Elder Abuse and Human Trafficking providing insights into the scope of the problem, red flags for identification, and a number of helpful resources for financial investigators. We will also discuss Virtual Currency and Central Bank Digital Currencies (what they are, how they work and some red flags to assist you in transaction monitoring.) We will conclude the day with discussing some guidelines for your Cannabis program and providing resources to assist you in building a strong program.
Attendees will be given a variety of resources to enhance their BSA program.
All attendees will receive 6 CAMS Credits for attending.
Note: As significant changes to regulatory requirements are issued or other news items of importance are published, we will update the agenda topics accordingly. The schedule will remain the same.
| 9:00 am – 10:30 am | Terrorist Financing and Proliferation Financing |
| 10:30 am – 10:45 am | Break |
| 10:45 am – 11:00 am | FinCEN’s AML/CFT Priorities |
| 11:00 am – 11:15 am | Payments/Fintechs (Where Fintechs/Payments are headed and how it will affect the banking industry) |
| 11:15 am – 12:00 pm | FinCEN’s Guidance on Environmental Crimes, the FDIC’s Proposed Guidance on Third-Party Risk Management, and the OCC’s Guidance on Model Risk Management |
| 12:00 pm – 1:00 pm | Lunch |
| 1:00 pm – 2:15 pm | Elder Abuse /Human Trafficking |
| 2:15 pm – 2:30 pm | Break |
| 2:30 pm – 3:30 pm | Virtual Currency and Central Bank Digital Currencies (CBDCs) monitoring |
| 3:30 pm – 4:30 pm | Cannabis Program Considerations |
Tue, Sep. 13, 2022 9:00 AM - 4:30 PM EST
This session is designed for the new BSA personnel or those wanting a refresher on the basics. We will cover an overview of the BSA, what drives your program and what to include in your program. The morning will cover 314(a), 314(b), Customer Identification Program (CIP) basics, CTRs Step-by-Step and Monetary Instrument/Funds Transfers requirements.
In the afternoon session, we will cover the basics of monitoring, software/data overview and conducting customer reviews. We will also cover SARs Step-by-Step and conclude the day with an overview of the OFAC requirements.
Attendees will be given tools to assist in setting up a solid BSA program.
This session is eligible for 6 non-ACAMS credits. All attendees will receive a certificate to submit to ACAMS.
Note: As significant changes to regulatory requirements are issued or other news items of importance are published, we will update the agenda topics accordingly. The schedule will remain the same.
| 9:00 am – 9:30 am | Introduction to BSA |
| 9:30 am – 9:45 am | 314(a) and 314(b) |
| 9:45 am – 10:30 am | CIP (Customer Identification Program) Basics |
| 10:30 am – 10:45 am | Break |
| 10:45 am – 11:45 am | CTRs Step-by-Step |
| 11:45 am– 12:00 pm | Monetary Instruments/Funds Transfers |
| 12:00 pm – 1:00 pm | Lunch |
| 1:00 pm – 2:15 pm | Monitoring Basics & Software/Data Overview |
| 2:15 pm – 2:30 pm | Break |
| 2:30 pm – 2:45 pm | Conducting Customer Reviews |
| 2:45 pm – 3:45 pm | SARs Step-by-Step |
| 3:45 pm – 4:30 pm | Overview of OFAC |
Wed, Sep. 14, 2022 9:00 AM - 4:30 PM EST
We will begin the day with a reminder of the key foundations of your BSA program and how that drives your policy and procedures when onboarding customers. We will delve into non-U.S. citizens, synthetic ID Theft, and various types of risks to consider when determining your onboarding policies and procedures. We will also cover entity concerns and beneficial ownership recent guidance and the AML provisions of the National Defense Authorization Act. We will conclude the morning with COVID Related Fraud/Cyber Security cases and red flags.
The afternoon will cover an overview of OFAC including the new list issued in December 2020. We will cover a host of BSA news articles and conclude with SAR narrative writing and FinCEN guidance issued during COVID.
Attendees will be given a variety of resources to enhance their BSA program including a SAR guidance filing summary sheet.
This session is eligible for 6 non-ACAMS credits. All attendees will receive a certificate to submit to ACAMS.
Note: As significant changes to regulatory requirements are issued or other news items of importance are published, we will update the agenda topics accordingly. The schedule will remain the same.
| 9:00 am – 9:15 am | Introduction |
| 9:15 am – 10:30 am | Customer Onboarding (CIP/Synthetic ID Theft/Risk Considerations – Customers, Products, Services, Geographies CDD/EDD) |
| 10:30 am – 10:45 am | Break |
| 10:45 am – 11:00 am | Beneficial Ownership Recent Guidance/Shell/Shelf Companies |
| 11:00 am– 11:40 pm | The NDAA (National Defense Authorization Act) AML Provisions |
| 11:40 am– 12:00 pm | COVID – Fraud & Cyber Crime |
| 12:00 pm – 1:00 pm | Lunch |
| 1:00 pm – 1:45 pm | Lessons Learned from Recent BSA/OFAC Consent Orders |
| 1:45 pm – 2:00 pm | Break |
| 2:00 pm – 2:30 pm | OFAC |
| 2:30 pm – 3:00 pm | BSA Recent News |
| 3:00 pm – 4:30 pm | SARs (Narrative Discussion & Guidance Issued During COVID with a Guide Sheet Provided) |
Thu, Sep. 15, 2022 9:00 AM - 4:30 PM EST
We will begin the morning discussing Terrorist Financing and Proliferation Financing as these are two of FinCEN’s priorities as they implement the AML Act regulations. Then we will delve into the ever-evolving world of payments and fintechs. We will cover news of importance as it affects your institution and what to consider for due diligence when banking fintechs.
The afternoon will cover three key topics: Human Trafficking, Virtual Currency and Cannabis. We will give definitions for each, recent regulatory updates, red flags, and program suggestions to assist you in managing the risks of all three of these areas.
Attendees will be given a variety of tools to enhance their BSA program.
This session is eligible for 6 non-ACAMS credits. All attendees will receive a certificate to submit to ACAMS.
Note: As significant changes to regulatory requirements are issued or other news items of importance are published, we will update the agenda topics accordingly. The schedule will remain the same.
| 9:00 am – 10:30 am | Terrorist Financing and Proliferation Financing |
| 10:30 am – 10:45 am | Break |
| 10:45 am – 12:00 am | Payments/Fintechs (Definitions/Evolution/Banking Concerns) |
| 12:00 pm – 1:00 pm | Lunch |
| 1:00 pm – 2:00 pm | Human Trafficking (Defined/Victim Stories/Case Study/Red Flags for Branch Personnel/Back Office/BSA Monitoring |
| 2:00 pm – 2:15 pm | Break |
| 2:15 pm – 3:15 pm | Virtual Currency and Central Bank Digital Currencies (CBDCs) |
| 3:15 pm – 4:30 pm | All About Cannabis (Including Marijuana/Hemp/CBD) |
Single Day Recordings
Per ACAMS requirements, recordings are not eligible to obtain Non-ACAMS credits.
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2024 Virtual FinCrime School – Day 1: BSA Basics – Recorded
$499.00 Log in/Register to Purchase -
2024 Virtual FinCrime School- Day 2: Advanced BSA (Part 1) – Recorded
$549.00 Log in/Register to Purchase -
2024 Virtual FinCrime School- Day 3: Advanced BSA (Part 2) – Recorded
$549.00 Log in/Register to Purchase