Education & Events

Hybrid Delivery Options (select your preference when registering)
March 25-26, 2025 – IBA Center for Banking Excellence, Springfield OR Live-Streamed via Zoom
9:00 a.m. - 4:00 p.m.

BSA is an ongoing, ever-changing “safety and soundness” issue. This informative two-day Bootcamp provides the framework for understanding the BSA team’s roles and responsibilities for BSA/AML and OFAC compliance. The financial industry is required to take an increasingly leading role in preventing money laundering and potential terrorist funding. Compliance with the Bank Secrecy Act (BSA) continues to be a top priority with the regulators. One primary requirement of BSA is to designate a BSA/AML officer and ensure that the BSA officer and the BSA team are well trained and qualified to carry out the duties of this critical position.

This session provides current, updated tools, techniques, and “real world” practice and examples for learning the critical components of a BSA/AML program. Basic BSA regulatory framework and provide you with an understanding of the BSA, OFAC, and core recordkeeping and reporting requirements will be reviewed. Attendees will utilize the FFIEC BSA/AML Examination Manual and 31 CFR Chapter X and receive tools, handouts, and best practices.

Program Components
Money Laundering and History of Bank Secrecy Act – Evolving during COVID
Today’s BSA Officer and Team – Understanding the Key Job Duties and Responsibilities
The Tools of BSA – Maximizing BSA Resources
The Role of FinCEN – Including the Shift to Joint Agency
BSA/AML Violations and Penalties – How to Minimize the Risks
BSA/AML Risk Assessments – What the Regulation Requires
BSA/AML Compliance Program and 4 Components
Customer Identification Program
Red Flags Focus
Customer Due Diligence and Beneficial Ownership
BSA Reporting and Record-Keeping – Common Practices and Challenges
Currency Transaction Reporting (CTR)
CTR Exemptions
Monetary Instrument Logs (MIL)
Funds Transfers
Suspicious Activity Reporting (SAR)
Office of Foreign Asset Control (OFAC) Compliance
Fraud and BSA
Record Retention

Audience
Designed for newly-appointed BSA/AML Officers, BSA/AML team members, or those responsible for the function

Facilitators
Dianne Barton is president of Performance Solutions, Inc. (PSI), a training and consulting company that has been a part of the banking community for 40+ years, and specializes in providing “real world’ solutions in meeting the everchanging banking and regulatory environment. PSI’s training programs are designed to “close the gap” between the banks’ needs and employees’ skills. Her trademark “real world” scenarios give participants insight into the practical application of and knowledge.

Kristin Harville is an experienced and knowledgeable compliance professional with an extensive background as a banker, an examiner, and a consultant bringing a wealth of “real world” knowledge that goes beyond the regulations. Her most recent experience before joining PSI included leading a $2.7 B banking compliance team focused on BSA, Compliance Management Systems, Internal Audit, Technology Implementation, and Enterprise Risk Management.

Continuing Education
Under Review

Hotel Information
Courtyard - Springfield
3462 Freedom Drive 
Springfield, IL 62704
Hotel: 217-793-5300
IBA Rate: 20% off the available rate

Per Person Fee
IBA Member $505 | Nonmember $875

Program content is subject to change per regulatory requirement updates.