SEMINAR OVERVIEW

NCUA and state examiners are committed to enforcing the Bank Secrecy Act (BSA), so complying with the regulation should be a top priority for every credit union. Note the NCUA has also released its plan to hire at least 100 additional field examiners. Get the information you need to ensure your training requirements have been met before your examiner walks in the door. This seminar is beneficial for all credit union managers, frontline staff, and compliance professionals.

• Take a close look at the requirements of the BSA and Customer Identification Program (CIP)
• Receive an overview of the Office of Foreign Assets Control (OFAC) and the PATRIOT Act
• Review sample policies and examples of noncompliance
• Identify the penalties that regulators could potentially impose on your credit union
• Learn when and how to complete a Currency Transaction Report (CTR) and Suspicious Activity Report (SAR)
• Understand how to comply with annual independent testing requirements
• Learn the recordkeeping process
• Identify appropriate due diligence and internal control procedures

Schedule
8:30–9:00 a.m. Registration
9:00 a.m.–Noon Educational Sessions
Noon–1:00 p.m. Networking Lunch
1:00–3:00 p.m. Educational Sessions

LOCATION
HILTON ATLANTA AIRPORT
1031 Virginia Ave
Atlanta, GA 30354
Phone: (800) 445-8667
Fax: (404) 768-0185

INSTRUCTORS
Todd Sherpy
R. Todd Sherpy is a founding partner in The Sherpy & Jones Law Firm P.A, of Lexington, South Carolina. Todd and his team are dedicated to serving the legal needs of credit unions and have attained a national reputation for their work in legal-auditing, compliance, and bankruptcy/collections. Todd has also authored CUNA’s RegTraC and VAP training modules and serves as editor of Credit Union Legal News©.


Kim Bohannon
Kim Bohannon, VP Compliance and Risk Management at the North Carolina Credit Union League, provides guidance on how to properly comply with laws and regulations. She began her credit union career with Navy Federal Credit Union, then moved to First Carolina Corporate Credit Union (FCCCU), before moving to the league in 1997. Kim holds the Credit Union Compliance Expert designation and is a member of the International Association of Financial Crimes Investigators.

FREE PUBLICATIONS
Try one of these publications free when you register for this program!

• Credit Union Magazine (6 months free!)
• Directors Newsletter (6 months free!)

Find out more about these publications

CANCELLATIONS
Cancellations received in writing (via fax 608-231-4327) seven or more days before the start of the program are eligible for a refund of the amount paid minus a $50 administrative fee. No refunds will be granted if cancellation is received six days or less before a program begins. Substitutions are accepted anytime prior to the start of the program at no additional cost. Simply fax event and contact information, listing the new participant and who they will be replacing. Cancellation fees do not apply for free or complimentary programs.