Welcome to the “Bank Secrecy Act Basics” course which gives employees of financial institutions a preliminary understanding of the Bank Secrecy Act and some of its requirements. This course, comprising of three lessons, discusses the enforcing bureaus of the BSA, as well as mandated forms like the Suspicious Activity Report, Currency Transaction Report, and Designation of Exempt Person. After viewing this course, financial institution employees will have a basic understanding of the BSA and how it impacts their work responsibilities. (Keyword: Title 31)
Overview
COURSE DIFFICULTY
COURSE DURATION
22m
Skills Learned
After completing this online training course, students will be able to:
Understand the Key Provisions of the Bank Secrecy Act
Identify the Required Reporting Forms and Their Uses
Recognize the Roles of Enforcing Bureaus in BSA Compliance
Apply Basic BSA Concepts to Daily Responsibilities
Explain the Consequences of Non-Compliance with the BSA
Employees of financial institutions, Compliance Officers, Risk Management Professionals, Bank Tellers, Financial Analysts
None
01. Introduction to the Bank Secrecy Act
02. Overview of Reporting Requirements
03. Understanding Enforcing Bureaus and Their Roles
SKILLS LEARNED
Skills Learned
After completing this online training course, students will be able to:
Understand the Key Provisions of the Bank Secrecy Act
Identify the Required Reporting Forms and Their Uses
Recognize the Roles of Enforcing Bureaus in BSA Compliance
Apply Basic BSA Concepts to Daily Responsibilities
Explain the Consequences of Non-Compliance with the BSA
WHO SHOULD ATTEND
Employees of financial institutions, Compliance Officers, Risk Management Professionals, Bank Tellers, Financial Analysts
PREREQUISITES
None
COURSE OUTLINE
01. Introduction to the Bank Secrecy Act
02. Overview of Reporting Requirements
03. Understanding Enforcing Bureaus and Their Roles
