Monitoring for Suspicious Activity
One thing we hear from banks quite often is that they struggle to maintain a high level of awareness when it comes to monitoring for actual and potential suspicious activity.
It’s easy for Bank Secrecy Act awareness to dim in the day-to-day grind.
One recommendation that we make in order to maintain awareness over the long haul is to make BSA/AML, and more specifically suspicious activity, a standing agenda item in any meetings you have. This keeps it in the forefront.
Listen to the video as Jerod explains more.
This is just one of the many things that we’re going to be talking about in our upcoming webinar, “All About Suspicious Activity Monitoring & Reporting”. We will spend two hours looking at regulatory best practices, the expectations, the requirements, and lay them out for you in plain English. We hope you’ll join us!
Published
2019/07/24
Find out more about BSA here – https://www.bankerscompliance.com/banking-regulations-compliance-services/reviews-2/the-bank-secrecy-act-bsa/
Jerod Moyer
Jerod is the leader of Banker’s Compliance Consulting’s training productions. He is a nationally recognized speaker. Whether it’s a conference, seminar, school, webinar or luncheon, it’s easy to stay engaged when he presents due to the amount of passion and energy he brings to each and every compliance topic. Jerod has spoken on behalf of the American Bankers’ Association, BankersOnline, many state banking associations, private compliance groups and financial institutions. He is a Certified Regulatory Compliance Manager (CRCM) and BankersOnline Guru. Jerod likes to spend his time (between reading regulations and producing compliance training!) relaxing at the lake with his wife and three children, following their activities or engaged in something sports-related!