Original Air Date: Feb. 9, 2022
Compliance with the Bank Secrecy Act (BSA) and Office of Foreign Assets Control (OFAC) remains an important issue with regard to examinations and credit union liability. A substandard BSA / OFAC compliance program may expose your credit union to unwanted regulatory scrutiny and extensive penalties. In this comprehensive webinar, learn foundational BSA/OFAC concepts as well as more advanced topics. Gain critical insight from Steve Gibbs, CUCE, BSACS, as he presents BSA/OFAC compliance in this virtual, live webinar.
Upon completion, Cornerstone League will issue certificates of completion, listing those from your credit union who attend the training session to retain for documentation.
Steve Gibbs, Risk Management & Compliance AVP of Credit Union
Resources has over 35 years of experience in the financial industry,
including service with three regulatory agencies. Gibbs holds
certifications for CUNA’s Credit Union Compliance Expert (CUCE) and Bank
Secrecy Act Compliance Specialist (BSACS). Prior to his position at
Cornerstone Resources, he served as director of the Southwest CUNA
Management School, director of Information Central, and
lobbyist/legislative analyst at the Texas Credit Union League. He has
conducted numerous trainings for trade and regulatory groups throughout
the U.S. and in Puerto Rico. Gibbs has written numerous articles on risk
management and compliance for credit union publications.
$70 per link for member credit unions