CSBS BAI Course Catalog

BSA and AML: Comprehensive 60 minutes This course, recommended for BSA Officers and analysts, provides an in-depth look at BSA compliance, including the five pillars of a BSA program, Suspicious Activity Reporting, Customer Identification Programs, and Currency Transactions Reporting. 60 minutes This course, appropriate for employees needing an overview of the BSA, introduces the concept of money laundering and details how BSA regulations and requirements work to deter it. Currency Transaction Reporting (CTR), Suspicious Activity Reporting (SAR), the basic elements of a Customer Identification Program (CIP), as well as rules for negotiable instruments and wire transfers are all covered in this high-level look at the BSA and AML. 30 minutes This interactive course explains the concept of money laundering and provides an overview of Bank Secrecy Act (BSA) requirements for money services businesses (MSBs) to deter it, including registration, Currency Transaction Reports (CTRs), the $3,000 Rule, and Suspicious Activity Reports (SARs). The course also discusses key elements of an effective anti-money laundering (AML) compliance program, which all MSBs are required to develop and implement, as well as OFAC requirements. 20 minutes Financial institutions covered by the Bank Secrecy Act (BSA) usually require their third-party payment processor clients to comply with BSA regulations. This course provides an overview of the role of third-party payment processors in the Automated Clearing House (ACH) system and the BSA requirements they will need to fulfill as part of their agreements with Originating Financial Depository Institutions. 1 5 minutes Intended for investment personnel, this course provides an overview of the Bank Secrecy Act (BSA), and the requirements advisor firms must meet to be in compliance. An introduction to anti-money laundering and combating the financing of terrorism are included as well as best practices for reporting for advisor firms. 25 minutes Money Services Businesses serve individuals without banking relationships who need to cash checks, transmit money (often to other countries), receive money (often from other countries), and purchase products such as money orders and travelers checks, and are thus an exceptionally high risk for money laundering. This course will help learners manage the risk associated with opening accounts, monitoring these accounts for suspicious activities, and, when necessary, closing the accounts of MSBs at your financial institution. 20 minutes This course introduces the basics of the BSA, or Bank Secrecy Act, the primary U.S. anti-money laundering (AML) law. Topics covered include the history and purpose of the BSA, the requirement for financial institutions to have a Customer Identification Program (CIP), situations that require a Currency Transaction Report (CTR) or a Suspicious Activity Report (SAR), and what employees must do when they notice something suspicious. The course is designed for institution employees who are required to have a basic familiarity with the BSA, including those who have limited or no customer interaction. BSA and AML: Essentials BSA and AML Requirements for Money Services Businesses BSA Considerations for Third-Party Processors BSA for Investment Personnel BSA for Money Services Businesses BSA for Nonfinancial Employees

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