The League of Southeastern Credit Unions & Affiliates (LSCU) is excited to bring you a New Anti-Money Laundering (AML) Act: Update, Impact, Insight webinar on October 4, 2021. This 90-minute session will review the efforts FinCEN has taken so far to implement the AML Act. You’ll learn how to update your Bank Secrecy Act (BSA)/AML monitoring program to incorporate the recently issued government-wide priorities for anti-money laundering and countering terrorism financing. It will address red flags for identifying potentially suspicious activity related to the trade of antiquities and art and identify what FinCEN’s assessment of no-action letters means for you. This informative session is designed for BSA officers, compliance officers, security officers, and anyone responsible for managing your BSA/AML program.
After this webinar you’ll be able to:
- Update your BSA/AML program with the AML/CFT priorities issued by FinCEN on June 30, 2021
- Identify the increased penalties for BSA violations and the provisions of the whistleblower program
- Explain FinCEN’s framework to facilitate information sharing among financial institutions and their service providers, regulators, law enforcement, and others
- Distinguish between the definition of a beneficial owner under CDD versus under the AML Act
- Discover how future “no-action” letter rulemaking will impact the industry
- Inform management and the board about current and future changes
|MEET THE PRESENTER
Dawn Kincaid began her banking career while attending The Ohio State University. She has 20 years’ experience in client service, operations, information technology, administrative and board relations, marketing, and compliance. Most recently Dawn served as the Senior Vice President of Operations for a central-Ohio-based community bank, where she created and refined policies and procedures, conducted self-audits and risk assessments, and organized implementation of new products and services. Dawn has served in the roles of Compliance, BSA/AML, CRA, Privacy, and Security Officer. She has led training initiatives, prepared due diligence information, completed a variety of regulatory applications, coordinated internal and external audits and exams, and presented for numerous state associations.