Thursday, September 16, 2021
2:00 – 3:00 pm (Eastern Time)
Currency transaction reporting seems like a very cut and dry reporting requirements. However, bank and credit union employees confront challenging situations all the time that can put CTR compliance at risk. Some examples of these unusual CTR events include:
New FFIEC Guidance Issued!
Complicating the CTR process now, is that, in the CTR section, the FFIEC manual adds a new subsection titled “Identification Required,” regarding what a bank must do to verify and record the identity of an individual involved in a CTR. This subsection clarifies that a notation of “known customer” or “bank signature card on file” is insufficient; the individual’s specific identifying information must be included in the CTR.
This compliance webinar is perfect for both front line staff and BSA departments to understand different situations that arise when determining whether to report or not, and how to correctly file CTRs even when different scenarios arise.
Attendance verification for CE credits provided upon request.
If you are having issues with registering online, please contact CBAO's Education, Training & Special Event Coordinator, Patti Webb, (614) 610-1877.
Webinar and Playback* ($295/$445)
*Playback has no expiration.
Additional Hookup - Registering another banker from a different location ($185/$225)