Elder Financial Exploitation Program Documentation: Complying with BSA Requirements
Thursday, June 13, 2019
2:00 pm – 3:00 pm Eastern
In March 2016, the Consumer Financial Protection Bureau published an Advisory for Financial Institutions on Recommendations for financial institutions on preventing and responding to elder financial exploitation. This guidance was published for the purpose of outlining how a financial institution should identify and respond to elder financial exploitation.
This critical risk training will focus on regulatory expectations for the implementation of an Elder Financial Exploitation Policy. This training will review each recommended section of the program document, discuss what other policies/procedures are applicable to the Elder Financial Exploitation program, and discuss how to handle exception events that fall outside of the standard process and present higher risk situations for your financial institution and your employees. Attendees will receive a sample Elder Financial Exploitation Program document and the webinar recording to pass along to other employees at your financial institution.
- Fundamentals of Elder Financial Exploitation
- Best business practices for documenting your Elder Financial Exploitation Policy/Program
- Consumer Financial Protection Bureau (CFPB) Regulatory Guidance from March 2016 and August 2016
- BSA/AML Regulatory expectations
- Financial institution training recommendations
- Best business practices for working with law enforcement and Department of Aging Services
Terri Sands AAP CAMS, Founder, Secura Risk Management
Throughout her career, Terri has served as a leader in the payments and fraud prevention industry, providing education, risk management and compliance consulting and support services geared toward the specific needs of financial organizations.
Terri is an Advanced Certified Anti-Money Laundering Specialist, an At-Risk Adult Crime Specialist and an Accredited ACH Professional. Prior to founding Secura, Terri served as co-founder of Payments Information Circle (PIC), a service organization providing payments industry education, auditing, consulting, resources, and support services to financial organizations throughout the country. Prior to her work at PIC, Terri also served as the President of GACHA, a non-profit, regional payments association where she provided strategic direction for financial institutions in the payments industry. Terri began her career in payments as a Senior Analyst with the Federal Reserve Bank of Atlanta where she provided training throughout the Sixth District and served on the Federal Reserve ACH Conversion Team that consolidated ACH Services for all branch locations in the Sixth District.
Attendance verification for CE credits provided upon request.
Webinar Sponsored by BankersHUB
If you are having issues with registering online, please contact CBAO's Education & Training Coordinator, Lianne Simeone, (614) 610-1877
|Live Webinar: Register for the live event and get five days access to the On Demand Playback. You’ll have an opportunity to ask questions during the presentation and be free to review the content for the next 5 (business) days Registration also includes links to presenter materials, handouts, and pdfs.
Additional Hookups: Registering another banker from a different location