Register now for next week's live teleconference on BSA/OFAC

Posted: Jan 15, 2019 | Author:

Compliance with the Bank Secrecy Act (BSA) and Office of Foreign Assets Control (OFAC) remains important regarding examinations and credit union liability. A substandard BSA/OFAC compliance program may expose your credit union to unwanted regulatory scrutiny and extensive penalties. Join us for a live teleconference concerning BSA/OFAC compliance, with facilitator Steve Gibbs.

Date: Wednesday, Jan. 23, 2019
Time: 7:30 – 8:30 a.m. CST
Register Now

Updated information for the teleconference will include:

BSA Compliance Requirements and Hot Spots
OFAC Compliance Requirements
Anti-Money Laundering (AML) Issues
Specially Designated Nationals and Blocked Persons (SDN List)
Member Identification Program (MIP/CIP)
Currency Transaction Report (CTR) Requirements
Suspicious Activity Report (SAR) Requirements

Get more information.

Your Presenter: Steve Gibbs, CUCE, BSACS, CUERME

Steve Gibbs is risk management and compliance AVP for Credit Union Resources, Inc. His history with the financial industry spans 30 years, including service with the Federal Reserve Bank of Dallas, Federal Home Loan Bank of Dallas (Office of Thrift Supervision), and Federal Deposit Insurance Corporation (FDIC). Gibbs served Texas Credit Union League as director of Southwest CUNA Management School, director of Information Central, and lobbyist/legislative analyst, and he has conducted training for financial industry groups including SWACHA, Texas Credit Union Department, EPN/The Clearinghouse, National Association of State Credit Union Supervisors (NASCUS), and leagues/associations around the country.