BSA Training for the Board of Directors Webinar

Kaley Schafer, an associate in Ballard Spahr's Business and Transactions Department, will present this webinar—BSA Training for the Board of Directors—on behalf of America's Credit Unions. Kaley is a member of the firm's Banking and Financial Services and Anti-Money Laundering teams. Those who register will have access to the live webinar as well as an on-demand recording until May 2025.

The event description:

BSA Training for the Board of Directors provides vital training with a comprehensive overview of the Bank Secrecy Act (BSA), anti-money laundering (AML), and combatting the financing of terrorism (CFT) compliance requirements. You’ll explore the ramifications of non-compliance and gain insights into the expectations and requirements set forth by the National Credit Union Administration (NCUA). This includes discovering how board engagement plays a pivotal role in fostering a robust BSA/AML compliance program within your credit union. Don’t miss this opportunity to equip your board with the knowledge and insights needed to navigate the regulatory landscape effectively.

Key Takeaways

• Identify BSA/AML compliance requirements
• Review board member duties as it relates to BSA/AML compliance
• Examine current regulatory actions that may impact your credit union

Who Should Attend

• Board members
• Board chairs and vice chairs
• Supervisory committee members
• Presidents/CEOs
• Executive assistants

Education Credits

• NAFCU Certified Risk Managers (NCRMs) will receive 1.0 CEUs for participating in this webinar
• NAFCU Certified Compliance Officers (NCCOs) will receive 1.0 CEUs for participating in this webinar
• NAFCU Certified Bank Secrecy Officers (NCBSOs) will receive 1.0 CEUs for participating in this webinar
• NAFCU Certified Volunteer Experts (NCVEs) will receive 1.0 CEUs for participating in this webinar