Mastering AML/BSA Compliance

 

NASBA Program Disclosure

Program Level of Understanding: Basic
Prerequisites: None
Advance Preparation: None
Delivery Format: On-site Training (Group-Live); Seminar (Seminar (Group Internet Based))
NASBA Field(s) of Study: Auditing

CPE Credits: 8, based on 50 minutes of instruction per hour

CPE Event Highlights

Join us for a full-day, hands-on workshop designed to equip financial professionals with the knowledge and tools to build, assess, and defend a robust AML/BSA compliance program. This event combines foundational regulatory training with advanced risk detection strategies, offering practical insights for audit, operations, and compliance teams.

What You’ll Learn:

• Core components of the Bank Secrecy Act and Anti-Money Laundering framework
• How to identify and respond to red flags and high-risk transaction patterns
• Best practices for SARs, CTRs, customer due diligence, and enhanced due diligence
• Real-world case studies and enforcement trends to sharpen risk awareness
• Documentation and internal control strategies to support audit and regulatory review

Who Should Attend:

• Compliance Officers and AML Analysts
• Internal Auditors and Risk Managers
• Operations and Branch Managers
• Broker-Dealer and Financial Services Professionals
• Anyone preparing for regulatory inspections or building defensible compliance programs

Format & Materials:

• Interactive presentations with real-world examples
• Examples of using AI tools within the BSA/AML function
• Scenario-based exercises and group discussions
• Compliance-grade learner guides and audit trail documentation
• Certificate of Completion and 8 CPE credits awarded

By the end of this session, participants will be able to:

• Explain the core purpose and regulatory framework of the Bank Secrecy Act (BSA) and Anti-Money Laundering (AML) requirements, including key provisions, enforcement agencies, and institutional obligations.

• Identify and describe the primary components of a compliant AML/BSA program, including Customer Identification Programs (CIP), Customer Due Diligence (CDD), Suspicious Activity Reports (SARs), and Currency Transaction Reports (CTRs).

• Recognize common red flags and high-risk indicators associated with money laundering, terrorist financing, and other illicit financial activities, using real-world examples and typologies.

• Apply risk-based approaches to transaction monitoring, customer profiling, and enhanced due diligence (EDD) for high-risk customers, industries, and geographies.

• Evaluate internal controls, audit trails, and documentation practices that support regulatory inspections, enforcement actions, and independent testing.

• Interpret recent enforcement trends, penalties, and case studies to understand how institutions can strengthen compliance and avoid reputational and financial harm.

• Demonstrate how to escalate and report suspicious activity effectively, ensuring alignment with FinCEN guidance and institutional protocols.

• Engage in scenario-based exercises to reinforce detection, decision-making, and documentation skills, preparing participants for real-world compliance challenges.

Mastering AML/BSA Compliance: From Fundamentals to High-Risk Transactions

8:45 – 9:00 AM Registration & Welcome – Check-in, materials distribution, overview of objectives

9:00 AM BSA/AML Foundations: Legal Framework & Core Requirements – BSA history, USA PATRIOT Act, SARs, CTRs, CIP/CDD

9:30 AM Building a Compliant AML Program – Risk-based approach, internal controls, governance

10:30 – 10:45 AM Break

10:45 AM Red Flags & High-Risk Transactions – Typologies, behavioral indicators, case examples

12:00 – 12:45 PM Lunch Break – Networking and informal discussion

12:45 PM Enhanced Due Diligence & Escalation Protocols – EDD triggers, escalation paths, documentation

2:15 PM Enforcement Trends & Case Studies – Recent penalties, lessons learned, audit insights

3:15 – 3:30 PM Break

3:30 PM Scenario-Based Exercises & Group Discussion – Interactive learning, real-world application

4:30 – 4:45 PM Wrap-Up, Q&A, and Final review, feedback

This full-day, 8 CPE in-person training provides a comprehensive overview of the Bank Secrecy Act (BSA) and Anti-Money Laundering (AML) compliance requirements, with a focus on practical application, risk detection, and regulatory readiness.

Participants will explore the foundational elements of a compliant AML/BSA program—including SARs, CTRs, CIP, and CDD—while gaining insight into red flags, high-risk transactions, and enforcement trends.

Through interactive exercises, AI demostrations and real-world case studies, attendees will strengthen their ability to identify suspicious activity, apply enhanced due diligence protocols, and support audit-ready documentation.

The course is designed for professionals seeking actionable strategies to meet regulatory expectations and defend their compliance programs under scrutiny.