CSBS BAI Course Catalog

Bank Secrecy Act / Anti-Money Laundering

BSA / Anti-Money Laundering

BSA and AML 30 minutes Intended for branch managers and sales and service leaders, this course provides learners with an overview of how to execute and lead their institution's policies and procedures that manage the compliance of Bank Secrecy Act and OFAC regulations. 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 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. 5 minutes This course, recommended for BSA officers and analysts, provides an overview of the risk assessment process that is a critical first step in developing a BSA/AML compliance program. 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. 45 minutes Use this game show course to liven up BSA and AML training! This Jeopardy-like course can be played in both online and classroom settings to test employee knowledge regarding all facets of BSA and AML compliance, including Customer Identification Programs, Suspicious Activity Reports, and Currency Transaction Reports. The game also includes role-specific categories for Lenders, Operations, and Tellers. BSA and AML: Comprehensive BSA and AML: Essentials BSA and AML Requirements for Money Services Businesses BSA and AML: Risk Assessment BSA for Money Services Businesses BSA Game Show!

9