Basics of the Bank Secrecy Act and Anti-Money Laundering Regulatory Framework

Litigation attorney Siana Danch and Financial Services attorney Daniel Noste will lead a webinar hosted by the Practising Law Institute (PLI) introducing the core requirements of the Bank Secrecy Act (BSA), anti-money laundering (AML) and countering the financing of terrorism (CFT) regulatory framework. Designed for in-house professionals, financial industry participants, compliance teams and counsel, they will cover the fundamentals of BSA/AML and sanctions compliance, including related regulatory agencies, reporting and recordkeeping obligations and potential penalties for noncompliance. Ms. Danch and Mr. Noste will also review recent developments and enforcement trends shaping today's BSA/AML landscape and what they mean for financial institutions and financial technology (FinTech) organizations building effective compliance programs.