Credit unions were encouraged by their federal regulator Friday to sign up for a BSA Coalition webinar slated next Thursday on potential regulatory changes and “status of initiatives in 2020.”
The BSA Coalition describes itself as a group of financial industry and federal and state banking agency representatives that seek to ensure institutions the tools, training and expertise they need to create “highly effective” Bank Secrecy Act/anti-money laundering (BSA/AML) programs.
Panelists for the Sept. 24 webinar, “Regulatory Focus and Priorities,” come from the National Credit Union Administration (NCUA), Federal Deposit Insurance Corp. (FDIC), Federal Reserve Board, Financial Crimes Enforcement Network (FinCEN), and Office of the Comptroller of the Currency (OCC). Topics will include:
- recent interagency initiatives and statements;
- the status of regulatory reform;
- key regulatory risks; and
- examination approaches and focus areas.
The Sept. 24 webinar is slated to begin at 10 a.m. ET.