BSA: Overview and Fundamentals
About This Course
This webinar explains how the BSA requires financial institutions to assist U.S. government agencies in combating money laundering. The presentation also covers the role of the Financial Crimes Enforcement Network (FinCEN), which safeguards the financial system from illicit use and promotes national security.
Learning Objectives
After attending this course, participants will be able to:
- Explain the purpose of the Bank Secrecy Act (BSA) and its role in combating financial crime.
- Identify key reporting requirements for financial institutions under the BSA, including the types of reports that must be filed.
- Describe the function and mission of the Financial Crimes Enforcement Network (FinCEN)
*This program does NOT qualify, nor meet the National Standard for NASBA accreditation.
Your Instructor
Sharon Blanchette is a risk, compliance, and anti-financial crimes (AFC) subject matter expert who has enjoyed a long career working with banks, credit unions, fintechs, mortgage companies/servicers, and the vendors who support them.
Sharon's specialties include building and enhancing compliance and AFC programs, assisting institutions during mergers and acquisitions, serving as a temporary outsourced compliance or AFC officer, managing lookbacks, and breaking down complex regulations and requirements into effective training materials.
Sharon is a Certified Public Accountant, a Certified Internal Auditor, a Certified Anti-Money Laundering Specialist, and holds the Consumer Regulatory Compliance Manager certification. In early 2021 she obtained a crypto currency certification and a cannabis risk management certification. She serves on the Board of the Virginia Chapter of ACAMS. She enjoys publishing articles and speaking on industry topics.
This course is covered under team memberships.
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