BSA/Anti-Money Laundering Question & Answer Book

Got a BSA question? Find the answer you need quickly and easily

Compliance with the Bank Secrecy Act and Anti-Money Laundering requirements continue to remain at the top of the regulatory agencies’ list of major concerns. Because the risks have continued to increase dramatically with the growth of electronic transactions and suspicious activity reported by institutions in their SARs reports, you need to remain vigilant to ensure that your institution has the appropriate policies, procedures, and programs in place to protect against money laundering and terrorist funding.

The BSA/Anti-Money Laundering Question & Answer Book is compiled in a format to help you access the information you need quickly and easily. This is a handy format for the seasoned BSA Officer or compliance officer, as well as useful for trainees in many departments. Advantages to the format include:

• The unique question-and-answer format takes you right to your question and its answer
• Focus is on everyday questions and practical answers
• Questions are organized by topic, so you can easily find what you’re looking for
• A range of questions and answers is tailored to help both trainees and senior staff
• Answers are direct and specific

Plus, the CD allows you to easily research your topic of interest.

Topics are organized in the following sections:

• Compliance Programs and Requirements
• Reporting Requirements
• Recordkeeping
• High-Risk Areas and Restrictions
• And More!

About the Author

Jeffrey Torp is a consultant in the area of regulatory risk for financial institutions.  He specializes in the financial institution industry and has more than 25 years of experience serving financial institution clients in matters relating to bank regulation. Mr. Torp is an attorney and has previously served as a consultant with KPMG and with McGladrey & Pullen, LLP, and as legal counsel to the Independent Bankers of Minnesota. He received his law degree from William Mitchell College of Law in St. Paul, Minnesota, and his Bachelor of Arts Degree from Augsburg College in Minneapolis, Minnesota. Mr. Torp has worked with financial institutions throughout the country on regulatory issues and given numerous presentations on regulatory topics to groups of bankers, bank examiners, trade associations, and attorneys. He has also served as an instructor for the Independent Bankers Association of America’s compliance school and certification program, and authored several publications.

You might also be interested in:

• BSA/Anti-Money Laundering: Internal Audit and Risk Management
• BSA/AML Checklist Book
• BSA Officer's Administration Handbook
• Bank Secrecy Act & Anti-Money Laundering Service
• Compliance Guide to OFAC Standards
• BSA/AML Update
• BSA/AML Training by Function
• Customer Identification Programs: Compliance, Operations & Audit
• Guide to Implementing Effective Anti-Money Laundering Procedures
• Security & Privacy Training Program
• Customer Identification Compliance Toolkit

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