Passage of the USA PATRIOT Act has created a minefield of compliance problems for financial institutions. The Bank Secrecy Act and Anti-Money Laundering Service can help you navigate through the hazards! There’s no better way to stay up-to-date on the unfolding changes in Bank Secrecy Act (BSA) requirements.

You’ll get guidance and examples on such hot topics as filing a currency transaction report (CTR) on multiple transactions; new wire transfer requirements; CTR violations; reporting computer intrusions; and training your staff on anti-money laundering procedures. This comprehensive manual covers:

• Overview of the Bank Secrecy Act
• Establishing and Managing a BSA Compliance Program
• Recording and Reporting Transactions
• Reporting Currency Transactions
• Funds Transfer Recordkeeping Requirements
• Overview of Anti-Money Laundering
• Asset Forfeiture
• Developing and Implementing an Effective Know Your Customer Program
• Electronic Money Laundering Schemes
• Payable-Through Accounts
• Office of Foreign Assets Control

Key features include:

• Sample BSA Compliance Policies: Quickly create your own BSA policy that will meet the expectations of regulators
• BSA checklists: Easily verify that your program is in full compliance
• BSA training materials on CD: The easy way to ensure your staff understands the latest regulatory changes
• Emerging issues in anti-money laundering: Learn from the errors of others – our coverage of recent violations ensures you don’t make the same mistakes

Highlights of Our Latest Update How to Use This Manual Table of Contents Look Inside This Book!*
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About Lorraine Hyde

Lorraine Hyde is a financial institution consultant who provides regulatory compliance advice to community banks, thrifts, and credit unions. She has over 20 years of general banking experience, 15 years of regulatory compliance consulting experience, and has worked in various capacities for a large regional bank, the FDIC, and a national accounting firm. Ms. Hyde is a contributing author to several Sheshunoff compliance tools. See all works by Ms. Hyde