BSA Important Issues: New Mandates, Requirements, and Recommendations
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Speaker : JUSTIN MUSCOLINO
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When : Monday, July 07, 2025
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Time : 12 : 00 PM EST
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Justin brings over 20 years of wide-arranging experience in compliance, training and regulations. He has previously worked in the Head of Compliance Training function for Macquarie Group, UBS, JPMorgan Chase, Bank of China, and GRC Solutions. Justin also runs his own Compliance Training company focusing on US & International regulations.
Justin also worked for FINRA, a US regulator, where he created Examiner University to train examiners on how to perform their function. He also serves as an advisor for the Global Compliance Institute (GCI) and instructs at the Barret School of Business and various compliance training providers.
During this webinar, Justin will discuss BSA reporting requirements, new mandates released over the past 6 months, the requirements financial institutions have to abide by and being prepared for audits and exams this year.
- The current BSA/AML Environment
- New mandates released and proposed
- BSA Requirements for financial institutions
- Best practices with BSA Reporting
Areas Covered
- Introduction to CTRs
- Our reference library
- Recent guidance from FinCEN and other regulatory agencies
- Walking through the CTR with real-life examples
- Discussion on common issues and how to deal with them!
- Tips and other thoughts
Who Should Attend
- Staff members who are responsible for completing and/or reviewing CTRs.
- Managers who oversee the filings of CTRs.
Why Should You Attend
The Bank Secrecy Act (BSA) is a US law that fights money laundering and other financial crimes. BSA requires businesses to keep records and file reports that are determined to have a high degree of usefulness in criminal, tax, and regulatory matters. Individuals and financial institutions who fail to comply with BSA requirements may face severe penalties and for more serious offenses, prison sentences.
BSA rules and regulations must be followed by financial institutions. Although financial institutions have been managing BSA operations in accordance with regulatory requirements, the shift to BSA audits has become increasingly important. Regulators look to the Bank for confirmation and proof that BSA operations are being audited properly to ensure that BSA efforts are implemented and managed properly.
Our AML environment is evolving and we have to keep up with the current mandates, requirements and understand insight from other industry participants.
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$160.00
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