NASCUS Partnering with CUNA Again on System-Wide BSA Training Conference, Oct. 24-27, Las Vegas

Sept. 13, 2010 — As examiners, credit union compliance officers, directors or senior management, are you familiar with the new developments in Bank Secrecy Act (BSA)/Anti-Money Laundering (AML) compliance?

  • The FFIEC BSA Examination Manual has been update for the first time since 2007.
  • What do new prepaid access card rules mean for credit unions?
  • What did you learn from the $110 million BSA/AML civil money penalty assessed against Wachovia and other enforcement actions?
  • Credit union BSA officers are required to receive comprehensive annual training. Have you had yours?
  • As an examiner, are you familiar with the latest analysis of compliance deficiencies in financial institutions?

Study the above topics, and many others at the 2010 NASCUS/CUNA system-wide Bank Secrecy Act Conference, October 24-27, 2010 at the Mirage Hotel in Las Vegas, Nevada. NASCUS is partnering once again to bring this important conference to examiners and credit union professionals to help ensure that the credit union system continues to do its part to protect the American financial system from money laundering.

As always, the NASCUS/CUNA conference provides attendees the latest in BSA compliance and examination information. Hear directly from FinCEN and OFAC about their views on developing trends and compliance focus. Leading compliance and examination experts will share their specialized knowledge and insights on all the latest BSA developments. Networking opportunities provide attendees the forums to discuss their experiences with their peers and individual with the expert faculty. Once again this year, the conference will close with its unique "open forum/ask an expert" where our assembled panel will take any and all questions from attendees on the final morning.

This year's hot topic sessions include:

  • Understanding the relationship between CUSOs and credit unions in BSA compliance
  • A review of recent enforcement actions and the lessons they hold
  • Recognizing the red flags
  • Mortgage fraud and BSA
  • A survey of legal issues raised by compliance
  • Developing an effective and meaningful risk assessment and recognizing mitigation steps
  • Changes to ACH

If you have registered and did not receive a confirmation email, contact Brian Knight at brian@nascus.org. Visit this link for more information