Bank Secrecy Act Training: Who, What, When, How and Why? Presented by Lynn English Lafayette Federal Credit Union
|
|
- Linda Barnett
- 6 years ago
- Views:
Transcription
1 Bank Secrecy Act Training: Who, What, When, How and Why? Presented by Lynn English Lafayette Federal Credit Union
2 Key Takeaways After this webinar, participants should have an understanding of minimum requirements for BSA training. Understand the importance of consistent, relevant training for your staff versus generic training. Understand Examiner Expectations for BSA training at your institution.
3 Agenda Why is training so important? Who should receive training? To test or not to test One size does not fit all Training Formats Didn t we have to do this last year? Board of Directors and Volunteers Examiner Expectations
4 Why is Bank Secrecy Act Training So Important? The answer to that question is threefold: First-Training is one of the required components of a BSA Compliance Program as mandated under the Act and further expressed under the mantle of the FFIEC Examination Manual. Second-A well trained, well informed staff is critical to the success of your credit union s BSA program. Third (and perhaps most important)-your credit union is subject to enforcement action, including monetary penalties from NCUA, FinCEN and possibly a State Regulatory Authority body (depending on your Charter). Your institution could also suffer deterioration of its reputation and if the monetary penalty is too steep, be placed under conservatorship or even closure.
5 Who Should Receive BSA Training? According to the FFIEC: Any staff member whose duties require knowledge of the Bank Secrecy Act 1. Does the above statement really answer the question?? Yes and no. As the BSA Officer, you should be a part of identifying which positions in your credit should receive BSA training and also, what type of training they receive. 1. FFIEC BSA Examination Manual
6 The Who Should Receive BSA Training Starter Pack. New Employees Compliance Staff Frontline Staff Tellers MSR s Branch Managers and Assistant Managers Back Office Staff Operations Lending Wires (Accounting) Administration HR? Yes, HR IT Executive Board and Volunteers (more to follow)
7 To Test or Not to Test that is the question. Do staff members have to receive a test with their training? While there is not a regulatory requirement to test, it is a best practice. You want to be able to assess the understanding levels of your staff to identify potential weaknesses that need to be addressed. Testing provides a consistently applied metric to assess proficiency in the subject matter.
8 Poll Question? Does the staff at your credit union take an assessment or quiz after BSA training? Yes No
9 One Size Does Not Fit All Bank Secrecy Act training is not a one size fits all endeavor. The BSA Risk Assessment can be an invaluable tool in the development of your credit union s BSA training program. The training program for BSA needs to be formatted to address the unique make up of your credit union. Some credit unions operate Cashless Branches Some credit unions do not process wire transfers Do you have an international presence? Just as you have multiple departments within your credit union, you must have BSA training that matches the responsibilities of each department. For Example: You wouldn t necessarily provide training on how to complete a Currency Transaction Report (CTR) to the staff that processes bank wires. That doesn t match their responsibilities.
10 One Size Does Not Fit All You may have some functions within your organization that don t fit into a specific category for training due to the responsibilities of that job. If that is the case, you can utilize a more general training for that area. If it is a unique area, such as IT or HR, you can create a custom presentation that addresses situations in those categories that aren t covered in typical BSA training.
11 Training Formats (Delivery) Is there a specific format that must be used for BSA training? The format used for training is up to the credit union but It must be delivered consistently Training must be relevant to the recipients Be Ongoing Can be in-person, instructor led, WebEx, computer based or a combination of any and all. PowerPoint, Paper handouts, Games Can be outsourced (but you should review and approve the content to be delivered) There should be written record of the following: Content of training Content of testing materials (if applicable) Attendance Dates of occurrence
12 Training Formats (Content) Should include regulatory requirements and any recent changes Include changes to credit union policies or procedures Include examples of money laundering activity or suspicious activity red flags Should include ramifications of non-compliance Enforcement Actions Monetary Penalties Criminal Penalties Include Board and Senior Management responsibility
13 Poll Question? Is your BSA training conducted by internal staff or is it outsourced? A. Internal Staff B. Outsourced C. Combination of both
14 Didn t We have to Do This Last Year? Yes, you probably did! Guidance 1 states periodic or ongoing as the requirement. It is an industry best practice for BSA training to occur at least annually. Knowledge, just like a physical skill is subject to use it or lose it. BSA knowledge needs to be refreshed periodically to ensure that staff maintains awareness of reporting requirements, processes and red flags. Employee turnover creates knowledge gaps among the staff. Infrequent reportable transactions can also cause gaps in BSA knowledge retention. Low risk institutions with limited exposure are also at risk for knowledge gaps without consistent, ongoing training. 1.NCUA Examination Guide, FFIEC BSA Examination Manual
15 Poll Question? How often is BSA training conducted at your credit union? Annually 2 or more times per year
16 Board of Directors and Volunteers The Board of Directors (including Volunteers) has the ultimate responsibility for your BSA Compliance Program. In order to carry out their responsibilities, your Board must have a general understanding of the Bank Secrecy Act to include the following: The importance of the regulatory requirements The Board s responsibility under the Bank Secrecy Act Penalties for non-compliance Your credit union s BSA policies and procedures Your credit union s BSA risks (there s that Risk Assessment again )
17 Examiner Expectations for BSA Training NCUA expects your credit union to have well documented records for the ongoing training of general staff and Board members. You must retain: Content, Test Scores, Dates and Participants for each training session. Retain records of all off-site and third party training received as well. The expectation for Compliance staff is even higher. BSA personnel are expected to receive training above and beyond the general staff. BSA certifications are viewed favorably by examiners. Be sure to keep them current. Certain BSA training sessions allow the participant to earn continuing education credits for active certifications.
18 Civil Penalties increased in 2016 recordkeeping violations for funds transfers, which has increased from $10,000 to $19,787; failure to register as a money transmitter, which has increased from $5,000 to $7,954; and willful violations of BSA requirements, which has increased from a range of $25,000 $100,000 to a range of $53,907 $215,628.
19 Enforcement Action Example Gibralter Bank March 2016, received a $6.5 M for persistent AML & BSA deficiencies. Comments were: Banks training inadequate, failed to provide training for specific positions, failed to address the needs of its BSA/AML compliance personnel for significant training in order to adequately implement its BSA/AML compliance program.
20 Summary The BSA training program for your credit union is a vital component of your Bank Secrecy Act Compliance Program. Well trained staff are more proficient at spotting suspicious activity as well as completing more timely and accurate BSA report submissions. A well trained Board of Directors can have a direct impact on the success of the program through policy, staffing and budget considerations for the Compliance Department.
21 Useful Links Electronic Code of Federal Regulations (ecfr) FFIEC BSA/AML Examination Manual: NCUA Examiner s Guide: Appendix 18A de/chapter18.pdf
22 Now lets do a BSA Training! Why do criminals need access to financial services? Crime is a cash business 20 deals a day X $100 $2,000 per day $14,000 per week $728,000 per year
23 So what do you do with all that $$$$
24 Money Laundering Placement Layering Integration
25 Friendly illustrated guide
26 The quick history of BSA 1970 Bank Secrecy Act is born 1986: banks establish BSA programs 1996: Suspicious Activity Report September 11, 2001 Patriot Act; Customer Identification Program 2005: FFIEC BSA Examination Manual 300+ pages Huge shift in NCUA focus
27 What is the Goal of BSA Identifies people as they enter Reports large cash movements Document transactions that may lead to money laundering/crimes Reports suspicious activity Creates paper trail
28
29 Credit unions The Who s who in BSA Enforcement Treasury and FinCEN NCUA Law enforcement
30 Two main components Reporting Record Retention BSA Regulation
31 Currency Transaction Report(s) Records cash transactions that exceed $10,000 Aggregate multiple transactions of a single type in one day Timing deadline? 15 days
32 Suspicious Activity Report Suspicious Activity Report (SAR): Used to report suspicious activity, transactions, or behavior that is observed at your institution. A SAR is required to be filed for suspicious activity that involves a dollar amount in excess of $5000 where a suspect can be identified or in excess of $25,000 when a suspect is unknown. A SAR must be filed when a suspect is a credit union insider regardless of whether there is a monetary value involved in the suspicious activity. An insider is considered an employee, officer, volunteer or director.
33 Keep those Records! Record Keeping: Requires that all documentation related to the Bank Secrecy Act be retained for 5 years. Examples of documents to be retained include: Account opening documents Membership Applications, and supporting documents CTRs & SARs with supporting documents Purchase of Monetary Instruments $3000 or greater, this includes Money Orders, Cashier s Checks and Travelers Checks. Monetary Instrument Log (MIL) to be completed each time a member purchases a Monetary Instrument with cash $3000 or greater either manually or electronically.
34 USA Patriot Act Customer Identification Program The USA PATRIOT Act outlined new requirements for identifying the persons and entities that open accounts. Under Section 326 the Act, your credit union is required to collect specific information to allow the credit union to reasonably identify the individual or entity. This is known as the Know Your Customer rule or KYC.
35 CIP The information that must be collected is as follows: Name Identification Number (SSN, TIN, EIN, or ITIN) Date of Birth Residential Address (For Reference- APO, FPO and DPO s are treated as residential addresses)
36 What your Credit Union needs to do Written Program approved by the Board of Directors Responsible Individual (BSA Officer) Appropriate proficiency Reports to Senior Management Access to Board or Committee of the Board Written Risk Assessment Customized for your credit union Reviewed Annually Policy & Procedures Internal Controls Independent Testing Training
37 Questions?
38 Polling question- Please rate this webcast: Excellent Good Fair Poor
39 If you have any questions regarding the presentation you have just seen you may contact me directly. Lynn M. English
Auditing for Effective Training
Maleka Ali M. Ali 2013 Director of Consulting & Education Page 0 Banker s Toolbox Auditing for Effective Training I. INTRODUCTION Banking organizations must develop, implement, and maintain effective AML
More informationJOB TITLE: VP, BSA Officer REPORTS TO: SVP, Deposit Operations and Regulatory Compliance/CRA Officer DEPARTMENT: Compliance
Name: TBD JOB DESCRIPTION JOB TITLE: VP, BSA Officer REPORTS TO: SVP, Deposit Operations and Regulatory Compliance/CRA Officer DEPARTMENT: 140 - Compliance EXEMPT GENERAL SCOPE / SUMMARY A brief description
More informationThe New Rule on Customer Due Diligence Key Takeaways from Banker s Toolbox
The New Rule on Customer Due Diligence Key Takeaways from Banker s Toolbox Maleka Ali, CAMS, CAMS-Audit In May of 2016, the U.S. Department of the Treasury issued final rules under the Bank Secrecy Act
More informationOn Alert: Designing Effective AML Monitoring Processes
On Alert: Designing Effective AML Monitoring Processes SYNOPSIS: This article first appeared in ABA Bank Compliance magazine in October 2008. Co-authored by David Caruso, CEO of Dominion Advisory Group
More informationCOMPLIANCE: Strategic Planning
COMPLIANCE: Strategic Planning To Comply or Not to Comply... What's your Answer? Many of FinCEN s maximum penalty amounts or penalty ranges for BSA violations have doubled or nearly doubled, including
More informationAnti-Money Laundering Training. One Size Does Not Fit All
Anti-Money Laundering Training One Size Does Not Fit All Norma I Lopez Disclaimer: The views expressed in this paper are those of the author, and the author alone. The author is not representing the views
More informationGetting ready for any examination brings about the initial
By Laura H. Goldzung Getting ready for any examination brings about the initial cringe followed by the thought of all the documents to produce, interviews to go through, findings to read, responses to
More informationEffective Risk Management With AML Risk Assessment. January 25, 2017
Effective Risk Management With AML Risk Assessment January 25, 2017 2017 2017 Crowe Crowe Horwath Horwath LLP LLP Agenda Regulatory Trends in Risk Assessment Crowe Approach to Anti-Money Laundering (AML)
More informationThe Expanded Expectations of Corporate Governance in BSA/AML and the Impact on the Audit Function
The Expanded Expectations of Corporate Governance in BSA/AML and the Impact on the Audit Function Kathe M. Dunne, CAMS, AAP KMD Consulting Solutions March 2014 Table of Contents I. Executive Summary...3
More informationBSA/AML Compliance in Acquisitions
BSA/AML Compliance in Acquisitions Don t Make Someone Else s Mistakes Your Own Thank you for joining us! The webinar will begin at 1 PM Central September 14, 2017 PRESENTED BY MARK STETLER & LORI MOORE
More information- Cindy Griffin, CEO Northern Hills Federal Credit Union
Services Overview Audit Link as a service has been in business since May 2008. True to its commitment, Audit Link reduces the added work imposed by regulations and compliance. Factors inherent in changing
More informationWELLS FARGO & COMPANY AUDIT AND EXAMINATION COMMITTEE CHARTER
WELLS FARGO & COMPANY AUDIT AND EXAMINATION COMMITTEE CHARTER PURPOSE: The purpose of the Audit and Examination Committee is to assist the Board of Directors in fulfilling its responsibilities to oversee:
More informationBSA/AML Self-Assessment Tool. Overview and Instructions
BSA/AML Self-Assessment Tool Overview and Instructions February 2018 1129 20 th Street, N.W. Ninth Floor Washington, DC 20036 www.csbs.org 202-296-2840 FAX 202-296-1928 2 Introduction and Overview The
More informationFinancial Services. Testing anxiety Bank Secrecy Act/Anti-money laundering independent testing survey
Financial Services Testing anxiety Bank Secrecy Act/Anti-money laundering independent testing survey Contents Executive summary 1 Introduction 2 Organizational structure and resources 3 Use of third-party
More informationKYC compliance strategies that your customers will love
KYC compliance strategies that your customers will love Introducing: Anthony Bracco PNC Bank Greg Carmean Experian Victorious warriors win first and then go to war, while defeated warriors go to war first
More informationModernizing Anti-Money Laundering Practices
Conclusions Paper Modernizing Anti-Money Laundering Practices How Financial Institutions Can Use Predictive Analytics to Pinpoint Suspicious Activity Insights from a presentation at the ACAMS AML & Financial
More informationThe FFIEC BSA/AML Examination Manual 2010 Revisions
The FFIEC BSA/AML Examination Manual Timothy P. Leary Senior Special AML Examiner Board of Governors of the Federal Reserve System Washington, DC Purpose of the Manual Promote interagency consistency Consolidate
More informationTransaction Monitoring
Course Syllabus Audience The primary target is the frontline analyst, teaching skills that benefit new and experienced employees, especially as regulator and market expectations increase. This course assumes
More informationInternal Fraud Monitoring & Investigation Best Practices. By Tom Holland, CFE
Internal Fraud Monitoring & Investigation Best Practices By Tom Holland, CFE BSA Coalition Training BSA Event Coalition Anti-Money February Laundering 9, 2010 Conferencewww.bsacoalition.org The Threat
More informationFMS New York/ New Jersey Chapter Meeting January 14, The Impact of Models. by: Scott Baranowski
FMS New York/ New Jersey Chapter Meeting January 14, 2015 The Impact of Models by: Scott Baranowski MEMBER OF PKF NORTH AMERICA, AN ASSOCIATION OF LEGALLY INDEPENDENT FIRMS 2010 Wolf & Company, P.C. About
More informationMadison Consulting Group. An Introduction to Our Compliance and Regulatory Consulting Services
An Introduction to Our Compliance and Regulatory Consulting Services January 2017 Who We Are Experience Financial Services Specialists Services Compliance and Regulatory Consulting Business and Operations
More informationRDC Risk Management & FFIEC Compliance May 2010 Update
RDC Risk Management & FFIEC Compliance May 2010 Update Presented By: John Leekley, CEO and Co-Founder Ed McLaughlin, Executive Director RemoteDepositCapture.com May 2010 Today s Webinar is Brought to you
More informationTODAY S TELLER DEVELOPING BASIC SKILLS HANDBOOK
TODAY S TELLER DEVELOPING BASIC SKILLS HANDBOOK This publication is designed to provide accurate and authoritative information in regard to the subject matter covered. It is sold with the understanding
More informationRDC Risk Management in 2015
RDC Risk Management in 2015 John Leekley, Founder & CEO RemoteDepositCapture.com Be sure to tweet about the #RDCSummit and mention @RDCTweet Setting the Stage Discussion Objectives Definition of RDC Risk
More informationOracle Financial Services FCCM Analytics User Guide. Release October 2017
Oracle Financial Services FCCM Analytics User Guide Release 8.0.5.0.0 October 2017 Oracle Financial Services FCCM Analytics User Guide Release 8.0.5.0.0 October 2017 Part Number: E85262-01 Oracle Financial
More informationThe Challenge of AML Models Validation
The Challenge of AML Models Validation September 2015 Reema Al-Rabea P a g e 1 Executive Summary Anti-money laundering (AML) violations and enforcement actions have hit the headlines so often these past
More informationMarket Need Data on Improving Engagement. Wouldn t it be great to develop new engagement strategy based on real data?
Key Results Market Need Data on Improving Engagement Wouldn t it be great to develop new engagement strategy based on real data? Relationship Strength is Key to Engagement The stronger the relationship
More informationACAMS Update. John J. Byrne, Esq., CAMS Executive Vice President February 5, 2016
ACAMS Update John J. Byrne, Esq., CAMS Executive Vice President February 5, 2016 1 1 ACAMS Membership 2 ACAMS Certified Members 3 Chapter Membership *Chapters over 50 members 4 Advanced Certification Certifying
More informationSURYODAY SMALL FINANCE BANK LIMITED COMPLIANCE POLICY
SURYODAY SMALL FINANCE BANK LIMITED COMPLIANCE POLICY Table of Contents 1. Introduction... 2 2. Objectives of the Policy... 2 3. Applicability and Compliance Philosophy... 3 3.1 Compliance Philosophy...
More informationCustomer Due Diligence A Risk Based Approach. Dr Tony Wicks Director of AML Solutions NICE Actimize
Customer Due Diligence A Risk Based Approach Dr Tony Wicks Director of AML Solutions NICE Actimize tony.wicks@actimize.com PLEASE NOTE that, to the extent that Actimize provides, in this presentation or
More informationImproving user readiness and competence for critical new systems at go-live
Diversified Finance INDUSTRY BRIEF Custom Learning Solutions General Dynamics IT partners with diversified financial services companies to help ensure their workforces are poised to succeed. Our custom
More informationThe Art of Positive Termination
The Art of Positive Termination Being Proactive During a Reactive Situation A part of the Education at Work Professional Development Series Agenda! Key Words & Phrases Termination To Do List for Employers
More informationFINANCIAL MEASURES TO CURTAIL FORESTRY CRIMES
FINANCIAL MEASURES TO CURTAIL FORESTRY CRIMES Bambang Setiono (CIFOR) Zulkarnain Sitompul (PPATK) Financial Institutions, Illegal Logging and Associated Trade & Corruption State Department of the USA,
More informationIBM AML compliance solution
IBM AML compliance solution Staying ahead of financial crimes Highlights Continuously harnesses a powerful array of advanced analytics that are available to proactively fight the long-term war against
More informationVirtual Currency and Blockchain
Course Syllabus Audience The primary target is the frontline analyst, teaching skills that benefit new and experienced employees, especially as regulator and market expectations increase. This course assumes
More informationUnderstanding the New DFS Part 504 Regulations and the Associated AML Program Testing Challenges
Understanding the New DFS Part 504 Regulations and the Associated AML Program Testing Challenges Chris Recor, CAMS Understanding the New DFS Part 504 Regulations and the Associated AML Program Testing
More informationFraud Prevention, Detection, and Internal Controls
Fraud Prevention, Detection, and Internal Controls Budget, Accounting and Reporting Council May 28, 2015 Sherrie Ard, CPA, CFE Financial Management Specialist Local Government Performance Center Local
More informationIndependent AML audit essential element or nice to have?
Independent AML audit essential element or nice to have? In comparing transatlantic notes, one of us, Ross Delston, an American and the other, Martin Owen, a British anti-money laundering expert, we have
More informationMadison Consulting Group. An Introduction to AML Compliance Consulting Services
An Introduction to AML Compliance Consulting Services May 2009 Table of Contents Firm Overview AML Compliance Practice Contact Information 3 4 5 14 15 2 Who We Are Experience Financial Services Specialists
More informationACFE FRAUD PREVENTION CHECK-UP ASSOCIATION OF CERTIFIED FRAUD EXAMINERS
ACFE FRAUD PREVENTION ASSOCIATION OF CERTIFIED FRAUD EXAMINERS ACFE FRAUD PREVENTION One of the ACFE s most valuable fraud prevention resources, the ACFE Fraud Prevention Check-Up is a simple yet powerful
More informationCOLGATE-PALMOLIVE COMPANY AUDIT COMMITTEE CHARTER
March 9, 2006 COLGATE-PALMOLIVE COMPANY AUDIT COMMITTEE CHARTER Purpose There shall be an Audit Committee (the Committee ) which will assist the Board of Directors in its oversight regarding: (1) the integrity
More informationNEWMARK GROUP, INC. AUDIT COMMITTEE CHARTER. (as of December 2017)
NEWMARK GROUP, INC. AUDIT COMMITTEE CHARTER (as of December 2017) Purpose The Audit Committee of Newmark Group, Inc. (the Company ) is appointed by the Board of Directors of the Company (the Board ) to
More informationSUNEDISON, INC. AUDIT COMMITTEE CHARTER (Adopted October 29, 2008)
SUNEDISON, INC. AUDIT COMMITTEE CHARTER (Adopted October 29, 2008) I. Purpose The primary purpose of the Audit Committee of the Board of Directors (the Committee ) is to assist the Board of Directors in
More informationCybersecurity Awareness. Implementing Effective Staff Training and Communications. Treasury and Trade Solutions
Cybersecurity Awareness Implementing Effective Staff Training and Communications Treasury and Trade Solutions Effective Staff Training and Communications Introduction 1 How Effective is Your Cybersecurity
More informationSOX106. Accounts Payable and Sarbanes-Oxley; Strengthening your Internal Controls- 10 hours. Objectives
SOX106 Accounts Payable and Sarbanes-Oxley; Strengthening your Internal Controls- 10 hours Objectives This course describes how Sarbanes Oxley requirements should be implemented as they pertain to accounts
More informationTraining Plan Small & Medium Enterprises Package Small & Medium Enterprises Certificates
Training Plan 2016-2017 Small & Medium Enterprises Package Small & Medium Enterprises Certificates Small & Medium Enterprises Package Financing Small and Medium Enterprises SME s Course Hours: 16 Course
More informationIntegrated Accessibility Standards Regulation Guide for Training Implementers
Integrated Accessibility Standards Regulation Guide for Training Implementers 1 TABLE OF CONTENTS 2 Disclaimer... Page 03 Training Requirements Who must be trained?... Page 04 What the training must cover?...
More informationCORE BANK PROCESSING MERIDIAN.NET. Dynamic Solutions. Superior Results.
CORE BANK PROCESSING MERIDIAN.NET Dynamic Solutions. Superior Results. MERIDIAN.NET A POWERFUL SOLUTION TO MANAGE CORE PROCESSING FROM AN IN-HOUSE OR OUTSOURCED PLATFORM PRODUCTIVITY A highly flexible
More informationMeasuring Compliance Program Effectiveness
Measuring Compliance Program Effectiveness Measuring Compliance Program Effectiveness: A Resource Guide HCCA Hawaii Regional Debbie Troklus, CHC-F, CCEP-F, CCEP-I, CHRC, CHPC Aegis Compliance and Ethics
More informationRules, Procedures, and Internal Controls Manual BRAM Bradesco Asset Management
Rules, Procedures, and Internal Controls Manual BRAM Bradesco Asset Management MP_8231_0070 01 27/06/2016 1 / 12 Table of contents 1. OBJECTIVE... Erro! Indicador não definido. 2. DEFINITIONS... Erro!
More informationP-Cards Done Right. Katie Beatty Community Engagement Manager
P-Cards Done Right Katie Beatty Community Engagement Manager About the NAPCP We are an association committed to advancing YOU and other Commercial Card and Payment professionals worldwide by providing
More informationGRANITE CONSTRUCTION INCORPORATED AUDIT/COMPLIANCE COMMITTEE CHARTER
GRANITE CONSTRUCTION INCORPORATED AUDIT/COMPLIANCE COMMITTEE CHARTER Purpose The Audit/Compliance Committee ( Committee ) is appointed by the Board of Directors and its purpose is to assist the Board in
More informationReport on 2011 NPCC Culture of Compliance Survey Initiative
Report on 2011 NPCC Culture of Compliance Survey Initiative Development In September 2010, NPCC Staff began an initiative that would attempt to identify a registered entity s Culture of Compliance. NPCC
More informationIPO Readiness. Sarbanes-Oxley Compliance & Other Considerations. Presented by:
IPO Readiness Sarbanes-Oxley Compliance & Other Considerations Presented by: IPO Readiness Enhanced Financial / Legal compliance SEC / Stock Exchange Compliance Entity Structure / Registration Filing Requirements
More informationStrategic Chapter Planning Region 7 Summit 2018 Honolulu, Hawaii. March 23, 2018
Strategic Chapter Planning Region 7 Summit 2018 Honolulu, Hawaii March 23, 2018 1 Name Chapter Strategic plan? 2 Football Strategy and Game Plan What would you think of a football coach who said the game
More informationDetermining Your Performance Evaluation Mindset
Determining Your Performance Evaluation Mindset You should respond to this quiz as you actually think. The result of this quiz does not need to be shared. Answer each question true (T) or false (F) 1.
More informationAML for MSBs & FinTech: The Compliance Conundrum. Insight Article. Copyright 2016 NICE Actimize. All rights reserved.
AML for MSBs & FinTech: The Compliance Conundrum Insight Article Copyright 2016 NICE Actimize. All rights reserved. TABLE OF CONTENTS FinTech Innovation Collides with Reality... 3 Compliance Challenges
More informationCODE OF ETHICS AND CONDUCT
CODE OF ETHICS AND CONDUCT PREFACE Green Mountain Power s Code of Ethics and Conduct is about doing the right thing acting honorably, treating each other with respect, and following the law. It s built
More informationNovember 2010 Presented by WSU Human Resources
FLSA Supervisor Training November 2010 Presented by WSU Human Resources Why Are We Here? Several issues with Fair Labor Standards Act (FLSA) identified FLSA Review Team formed in January Chartered to review
More informationThe Automated Analyst: Transforming Data into Stories with Advanced Natural Language Generation
The Automated Analyst: Transforming Data into Stories with Advanced Natural Language Generation SPONSORED BY CONTENTS Introduction 1 The Gap Between Data and Decisions 2 A New Approach: Using Advanced
More informationRisk Assessment. Consumer Risk Assessment. Using the Risk Assessment Template
Consumer CFPB s process is designed to evaluate on a consistent basis the extent of risk to consumers arising from the activities of a particular supervised entity and to identify the sources of that risk.
More informationAPPLICATION FOR EMPLOYMENT City of Henderson, N.C.
APPLICATION FOR EMPLOYMENT City of Henderson, N.C. AN EQUAL OPPORTUNITY EMPLOYER Instructions: Please fill out all sections of this application to the best of your ability. Your application will be used
More informationPART I. The Benefits of Earned Benefits. Why workplace outreach makes a difference
PART I The Benefits of Earned Benefits Why workplace outreach makes a difference Earned Benefits Do Matter Defending the Frontline: The Economic Crisis and Support for Working Families In the human service
More informationJen Wasmund, AAP, NCP Compliance Services Director
Jen Wasmund, AAP, NCP Compliance Services Director Regional Payments Associations, through their Direct Membership in NACHA, are specially recognized and licensed providers of ACH education, publications
More informationVIRGINIA STATE UNIVERSITY RISK ANALYSIS SURVEY OPERATIONAL. 1. Operating Concerns of the Assessable Unit and/or Business Process
ASSESSABLE UNIT: Enter name of the Assessable Unit here BUSINESS PROCESS: Enter the Business Process here BANNER INDEX CODE: Enter Banner Index Code here 1. Operating Concerns of the Assessable Unit and/or
More informationTIFT COUNTY BOARD OF COMMISSIONERS
TIFT COUNTY BOARD OF COMMISSIONERS APPLICATION FOR EMPLOYMENT An Equal Opportunity Employer Tift County is a Drug Free Workforce 1. APPLYING FOR: Date: Position or Type of Work Desired: PLEASE READ BEFORE
More informationPrepaid Cards. Coles Gift Mastercard Conditions of Use. Issued by: Indue Ltd Issue Date: July 2017 ABN
Prepaid Cards Coles Gift Mastercard Conditions of Use Issued by: Indue Ltd Issue Date: July 2017 ABN 97 087 822 464 1 Coles Gift Mastercard Conditions of Use Contents What you re agreeing to 3 Tips to
More informationBSA Hot Topics. Presented to: New York Bankers Association. May 2015
BSA Hot Topics Presented to: New York Bankers Association May 2015 Certified Public Accountants Consultants Wealth Management Technology Agenda Customer Risk Rating Methodology Risk-based approach Validating
More informationATM Outsourcing. The Answer to Your ATM Woes. Is ATM Outsourcing Right for You? WHITE PAPER. Owning an ATM can be a difficult task.
WHITE PAPER ATM Outsourcing The Answer to Your ATM Woes Owning an ATM can be a difficult task. Cash forecasting and replenishment, regular maintenance, repairs, transaction processing and software upgrades
More informationFed Consultation Paper Association for Financial Professionals (AFP) Response
Fed Consultation Paper Association for Financial Professionals (AFP) Response Q1: Are you in general agreement with the payment system gaps and opportunities identified? What other gaps or opportunities
More informationThese materials are 2015 John Wiley & Sons, Inc. Any dissemination, distribution, or unauthorized use is strictly prohibited.
FRAMLx Verafin Special Edition by Amanda Karttunen and Rae Lynn O Keefe FRAMLx For Dummies, Verafin Special Edition Published by John Wiley & Sons, Inc. 111 River St. Hoboken, NJ 07030 5774 www.wiley.com
More informationCRESCENT CAPITAL BDC, INC. AUDIT COMMITTEE CHARTER
CRESCENT CAPITAL BDC, INC. AUDIT COMMITTEE CHARTER I. Purpose The audit committee (the Audit Committee ) of Crescent Capital BDC, Inc., a Delaware corporation (the Company ), is appointed by the board
More information62 % Strategies in Accounts Receivable: Driving Department Efficiencies. Introduction. Challenges in Accounts Receivable
Introduction At its core, the accounts receivable (AR) function is a primary method by which a business collects and earns revenue, comprising up to 40 percent of a company s balance sheet 1. Despite being
More informationMeasuring the ROI of Software Training. What is Ongoing Technology Training Worth?
Measuring the ROI of Software Training What is Ongoing Technology Training Worth? Table of Contents p. 2 Intro p. 3 Is Software Training Worth It? Quantify the Benefit Share the Knowledge Streamline the
More informationATI Application for Employment
ATI is committed to the principle of equal employment opportunity for all employees with a work environment free of discrimination and harassment. All employment decisions at ATI are based on business
More informationNEW EMPLOYEE SAFETY ORIENTATION
NEW EMPLOYEE SAFETY ORIENTATION Table of Contents SECTION 1. TRAINING PROGRAM INTRODUCTION..................3 Training Objectives...........................................3 Rationale for Training.........................................4
More informationApproximate Date of conviction Court location of conviction Description of offense: Are you a smoker? Family doctor s name Phone
Rev. 05/2016 A record of criminal conviction will not necessarily be a bar for employment, since the company will consider factors such as age, time of the offense, the nature and seriousness of the violation,
More informationCrowe Activity Review System
Crowe Activity Review System Quality at the Source Audit Tax Advisory Risk Performance With ever-increasing expectations of review processes from various stakeholders, organizations are under pressure
More informationAMERICAN EXPRESS COMPANY AUDIT AND COMPLIANCE COMMITTEE CHARTER (as amended and restated as of September 26, 2017)
AMERICAN EXPRESS COMPANY AUDIT AND COMPLIANCE COMMITTEE CHARTER (as amended and restated as of September 26, 2017) Purpose The Committee is responsible for assisting the Board of Directors in its oversight
More informationMystery Shopping: Age-Old Research Method Now Used To Help Solve New Age Business Problems By Paul C Lubin
Mystery Shopping: Age-Old Research Method Now Used To Help Solve New Age Business Problems By Paul C Lubin Mystery Shopping has become increasingly popular to companies for addressing today s business
More informationCost of Regulatory Compliance
Submitted By: Amber Stevens, CFO October 14 th, 2014 Cost of Regulatory Compliance Scope of project: To create a starting point to account for the cost of compliance in an effort to find ways to improve,
More informationThe web seminar has not yet started: A sound check will be performed 5 minutes before the start time.
The web seminar has not yet started: A sound check will be performed 5 minutes before the start time. COPYRIGHT NOTICE USE OF WEBEX LOGIN/PASSWORD FOR ACAMS WEB SEMINARS Each site license entitles registrant
More informationSafety Pages: Gasoline Safety... P. 2-3 Saw Safety... P. 4-5 Posting Requirements... P and Illnesses rule... P
February 2017 February, 2017 : Gasoline Safety... P. 2-3 Saw Safety... P. 4-5 Posting Requirements... P. 6-9 Safety Article: Oregon OSHA adopts changes to the Recording Workplace Injuries and Illnesses
More informationMARIANNE E. ROCHE ATTORNEY AT LAW
CORPORATE GOVERNANCE FOR FINANCIAL INSTITUTION DIRECTORS Prepared and presented by: MARIANNE E. ROCHE ATTORNEY AT LAW SILVER, FREEDMAN & TAFF, L.L.P. DIRECT DIAL NUMBER 3299 K STREET, N.W., SUITE 100 (202)
More informationCondo Services Agency: For All Your Condominium Accounting and Financial Reporting Needs
Chapter 2 The Rewards of Outsourcing: Reasons Why OutsourcedAccounting Right for Your Company In today s rapidly evolving landscape, opportunities to cut costs, reduce risk, identify and implement process
More informationFinancial regulatory compliance.
Financial regulatory compliance www.keypoint.com Keypoint is one of the GCC s most comprehensive professional business services providers. We deliver statutory and corporate advice, accounting, investment
More informationDeveloping a Strategic Applicant Tracking Process. Lynn Clements, Esq. Director of Regulatory Affairs, Berkshire Associates
Developing a Strategic Applicant Tracking Process Lynn Clements, Esq. Director of Regulatory Affairs, Berkshire Associates Legal Disclaimer This presentation was prepared for participants educational use.
More informationAUDIT COMMITTEE CHARTER (updated as of August 2016)
I. Purpose and Authority AUDIT COMMITTEE CHARTER (updated as of August 2016) The Board of Directors (the Board ) of News Corporation (the Company ) has established an Audit Committee (the Audit Committee
More informationGuide for Charity Board Members
Guide for Charity Board Members 1 Dear Nonprofit Leader, Charities greatly enhance the quality of life for Ohioans through the dedicated involvement of staff, volunteers and donors. However, these organizations
More informationDon t make the same mistake twice! Avoiding repeat violations of Reliability Standards
Don t make the same mistake twice! Avoiding repeat violations of Reliability Standards 17 November 2010 www.morganlewis.com www.ey.com Welcome to Don t Make the Same Mistake Twice! Avoiding Repeat Violations
More information5 MUST MONITOR FINANCIAL APPLICATIONS
5 MUST MONITOR FINANCIAL APPLICATIONS THE SHORTLIST OF CORE BANKING AND WEALTH MANAGEMENT SYSTEMS YOU NEED VISIBILITY INTO. In today s financial world, banks are relying on countless financial applications
More informationFinancial Crime Mitigation
Financial Crime Mitigation A uniquely flexible range of intelligent, versatile solutions for financial institutions, large and small, to combat financial crime. Introduction Our Financial Crime Mitigation
More informationEnterprise-wide Risk Case
Enterprise-wide Risk Case December 4, 2013 Management Categorizing Costs and Savings for Clearer Return on Investment (ROI) Executive Summary Greater losses from financial crime incidents, pressure to
More informationCover Your Assets in Version 5. August Webinar #CIPv5
Hosted By: Sponsored By: Cover Your Assets in Version 5 August 21 2013 Webinar Welcome! Why are we doing this webinar? The transition from CIP v3 to v5 is a big deal Bright line criteria require new attention
More informationPUBLIC AUTHORITY BOARD MEMBER DUTIES Anita Laremont, SVP - Legal & General Counsel Empire State Development Corporation December 2005
PUBLIC AUTHORITY BOARD MEMBER DUTIES Anita Laremont, SVP - Legal & General Counsel Empire State Development Corporation December 2005 I. The duties and legal responsibilities of board of director members
More informationConsent Management Implementation Guide
Common Privacy Framework Consent Management Implementation Guide CCIM Assessment Projects Common Privacy Framework Consent Management Implementation Guide 1 This material and the information contained
More informationHow do we measure up? An Introduction to Performance Measurement of the Procurement Profession
How do we measure up? An Introduction to Performance Measurement of the Procurement Profession Introduction Stakeholder buy-in is definitely one of the biggest problems facing procurement in Australia
More informationTAKING COMPLIANCE TRAINING FROM HO HUM TO SO FUN!! Association of Credit Union Internal Auditors September 19, 2013
TAKING COMPLIANCE TRAINING FROM HO HUM TO SO FUN!! Association of Credit Union Internal Auditors September 19, 2013 Presented Date by: or Kathy subtitle Enbom, CRCM Wipfli LLP Wipfli LLP 1 Agenda Why train
More informationFraud Prevention: How to Identify and Protect Your Higher Ed Institution
Fraud Prevention: How to Identify and Protect Your Higher Ed Institution November 16, 2017 Investment advisory services are offered through CliftonLarsonAllen Wealth Advisors, LLC, an SEC-registered investment
More information