EVENT:
BSA Exam Hotspots (Session Code: 665)
Your BSA Exam may be approaching and there are some new “Hotspots” you may need to look at before the examiners arrive. Many credit unions did well on the first round of BSA examinations but have been surprised at the added scrutiny in subsequent exams. You may really have to enhance your program to include some of the following “hotspots” during the next BSA exam.
Key issues will include:
· Products in electronic banking,
· Cash intensive businesses, charities and much more.
· You will also be asked about any new products and services and how your credit union incorporated these into your risk analysis.
· Are you meeting the enhanced due diligence expectations for a baseline member profile?
· What are you doing to mitigate the risk involved in these newer products and services?
· Learn how to use the exam manual to prepare for upcoming examinations for your credit union. Work smarter, not harder!
Illinois Pricing:
Regular: $ 99.00
Out of State Pricing:
Early: $
119.00 (before
0000-00-00 )
Regular: $
0.00
Contact: Drew Kayvani (Illinois Credit Union League)
Phone: 630-983-3418
Fax: 630-983-3212
Email:
drew.kayvani@ilcusys.org