Compliance management is more than a standalone business function—it's an everyday part of banking operations and it affects not only your bank's reputation but its profitability.
This comprehensive banking compliance program is intended for all bank employees and those interested in a career in the banking compliance sector. It is designed to provide bank employees with the knowledge and skills on topics ranging from BSA and AML to Information Security, FATCA, Patriot ACT, Privacy, and OFAC.
The objective of the program is to empower bank employees with up-to-date practical experience in complying with US and international laws and regulations and to enhance their ability to respond to a wide variety of financial crimes threatening the institution. Besides the rules and regulations, bank employees will learn compliance program design and governance, regulatory requirements, detection, prevention and reporting, and understanding of existing and emerging money laundering and fraud risks, thus fulfilling US Treasury and central banks' Requirements.
Topics covered in this comprehensive compliance and AML course include:
- BSA and Anti-money laundering (AML)
- USA PATRIOT Act: The Financial Perspective
- Understanding OFAC
- Foreign Account Tax Compliance Act (FATCA)
- Suspicious Activity Report (SAR) Fundamentals
- The Foreign Corrupt Practices Act (FCPA)
