Large Bank Supervision On-Demand Training

state financial regulators. 2023 FFIEC Advanced Bank Secrecy Act/Anti-Money Laundering (BSA/AML) Specialists Conference. 35 Minutes This presentation provided an overview of FinCEN’s AML & Sanctions Whistleblower Program and its Office of the Whistleblower (OWB). FinCEN created the OWB in May 2021 to develop a whistleblower award program, as required by the 2020 Anti-Money Laundering Act. The award program is meant to incentivize individuals around the world to voluntarily provide FinCEN with information regarding violations of the Bank Secrecy Act (BSA) and U.S. economic and trade sanctions. 2023 FFIEC Advanced Bank Secrecy Act/Anti-Money Laundering (BSA/AML) Specialists Conference. 3 Hours The Business of Large Financial Institutions Learning Unit is an introduction to the world of large financial institutions (LFIs), including the characteristics they share, their business drivers, and their organizational structure. 4.5 Hours The FRS - Large Financial Institution Supervisory Process Learning Unit introduces the large financial institution supervisory process and system oversight, the risks at LFBO and LISCC firms, and an introduction to the supervisory cycle and activities. Learners are also introduced to the importance of risk management and the process for documenting and communicating supervisory findings. The first module introduces the supervisory approach for large financial institutions as set by SR 12-17/CA 12-14: Consolidated Supervision Framework for Large Financial Institutions, associated guidance and oversight. The second module describes risks that large financial institutions face and where the learner would expect those risk exposures to be in a large firm. The third module introduces the learner to the supervisory cycle, associated supervisory products, and an overview of system-wide supervisory efforts at LISCC firms and LFBOs. 5.5 Hours The Principles of LFI Supervision Learning Unit is an introduction to how the regulatory landscape and supervisory framework for large financial institutions (LFIs) support the central point of contact’s (CPC’s) critical role in leading the supervisory process to achieve the Federal Reserve’s primary supervisory objectives as stated in SR Letter 12-17/CA Letter 12-14, “Consolidated Supervision Framework for Large Financial Institutions,” which include: enhancing resiliency of a firm to lower the probability of its failure or inability to serve as a financial intermediary and; reducing the impact on the financial system and the broader economy in the event of a firm’s failure or material weakness. FinCEN’s AML and Sanctions Whistleblower Program FRS - Business of Large Financial Institutions FRS - Large Financial Institutions Supervisory Process FRS - Principles of Large Financial Institution Supervision

9