As a financial institution, it should be one of your top priorities to avoid money laundering. According to the United Nations, there is an estimated $2 trillion of money laundered each year. The Bank Secrecy Act aims to safeguard the financial industry by preventing criminals from hiding and laundering money. It is your role to be aware and uphold procedures of the act, so they stay in effect. Doing so protects your organization’s integrity and credibility.
Shareholder Matthew D. Urban
is prepared to train you and your staff on the details of the Bank Secrecy Act, how to recognize and report fraud, ensuring compliance, and more. You will receive a certificate of training following the webinar.
- Goals of the Bank Secrecy Act
- Minimum requirements for the financial industry
- Money laundering
- Customer identification program
- Types of reports
About the Series:
Weltman’s Webinar Series delivers year-round educational content, specific to creditors' rights throughout numerous focus areas. Join our key business leaders for these hour-long webinars to stay ahead of trends, changes, and updates throughout the world of collections.