BankNewswatch

High Risk Customers
Cannabis, Virtual Currency, Charities and Private ATMs

May 23, 2023 1:30 pm - 3:30 pm CDT

A BankWebinars.com Program

Click Here to register for live program $279

Click Here to register for live program and recording $419

We will cover the high risk customers and services listed in the BSA exam manual and begin to see their impact in our AML program. What extra due diligence is required when the customer is high risk? And can the high risk customers and services impact your bank’s BSA risk rating? We will look at what makes a customer or service high risk.

What You'll Learn

  • Nonresident Aliens and Foreign Individuals (NRA)
  • Politically Exposed Persons (PEP)
  • Embassy and Foreign Consulate Accounts
  • Nonbank Financial Institutions and MSBs
  • Professional Service Providers
  • Nongovernmental Organizations and Charities
  • Cash Intensive Business
  • Cannabis
  • Charities
  • Private ATMs
  • Virtual Asset Service Providers
  • Third-Party Payment Processors (TPPPs)

Faculty

Deborah Crawford

Deborah Crawford is the President of Gettechnical Inc., a Florida based training company. She specializes in the deposit side of the financial institution and is an instructor on IRAs, BSA, Deposit Regulations and opening account procedures. She was formerly with Hibernia National Bank (now Capital One) and has bachelor's and master's degrees from Louisiana State University. She has 35+ years of combined teaching and banking experience.