WORKSHOP 2017 - BSA/AML/OFAC Risk Assessments - Are you Doing them Correctly

Website https://www.onlinecompliancepanel.com/workshop/BSA-AML-OFAC-RISK-ASSESSMENTS-509620/JULY-2017-ES-OUR | Edit Freely

Category BSA risk assessment, AML risk assessment, OFAC risk assessment, BSA AML training program, banking risk threshold, BSA AML risk assessment, risk assessment training, governance risk and compliance, AML risk assessment methodology, BSA AML OFAC risk assessment, risk assessment process, OFAC compliance, compliance risk assessment, BSA AML risk assessment matrix, BSA AML compliance, customer risk assessment AML, AML procedures, BSA AML compliance program, OFAC risk assessment matrix.

Deadline: August 02, 2017 | Date: August 03, 2017-August 04, 2017

Venue/Country: Sheraton Grand Chicago, 301 East North Water Stre, U.S.A

Updated: 2017-06-23 16:29:56 (GMT+9)

Call For Papers - CFP

Although financial institutions have been managing BSA operations as per the regulatory requirements, the change in focus to appropriate BSA/AML/OFAC risk assessment has become increasingly important. Regulators look to the organization for insurance and evidence that BSA operations are appropriately performing risk assessments. Appropriate risk assessments are essential in an organization's strategic planning and development, as well as ensuring compliance with laws and regulations.

This Bank Secrecy Act risk assessment seminar will highlight BSA best practices that are being acknowledged and recognized by regulators and examiners and will discuss each risk assessment area. Attendees will learn how to conduct a comprehensive review of their current organization's BSA/AML/OFAC risk assessment.

Learning Objectives

Key goals of this BSA risk assessment course are:

To review and evaluate policies and procedures for risk assessments

To help identify your organization's risks

To determine your organization's risk threshold based on the organization's strategic plans and business models

To discuss how to conduct a comprehensive review of your organization's BSA/AML/OFAC risk assessment, including

Determining completeness of the risk assessments

Determining the thoroughness of risk assessments

Determining if current risk assessment matrixes are appropriate for your organization

To discuss how to establish risk assessments for your organization, specifically:

BSA risk assessments

AML risk assessments

OFAC risk assessments

To illustrate how to perform the risk assessments

To highlight the need for periodically reviewing risk assessments to determine if they are still relevant, appropriate and adequate

To discuss implementing a BSA/AML/OFAC risk assessment program at your organization

Who will Benefit

BSA / AML Officers

Internal Auditors

Staff with Roles and Responsibilities in BSA/AML Management and Oversight

Money Service Business BSA/AML Officers

Corporate Auditors

Risk Managers

Legal Department Personnel

Regulators

Compliance Officers.