BSA AML Compliance School. March 28 & 29 embassy suites nashville south - Cool Springs, Franklin, TN

Transcription

1 TENNESSSEE BANKERS ASSOCIATION March 28 & 29 embassy suites nashville south - Cool Springs, Franklin, TN

2 March 28 & 29 embassy suites nashville south Cool Springs, 820 Crescent Centre Drive Franklin, TN How do you maintain your credentials for managing, auditing, or implementing the portion of your institution s compliance function that relates to money laundering, terrorist financing, or even national security? It is a question you will have to answer during every future BSA/AML regulatory examination. Your answer will serve as the regulators first impression of you and your bank s compliance efforts. The curriculum for this school changes every year. Your continued attendance establishes your bank s commitment as well as your own to staying abreast of the most dynamic and pervasive compliance responsibility your institution has. Every bank must provide ongoing training to those responsible for BSA and AML compliance. This school gives your institution an opportunity to listen and to interact with regulators from both the state and federal functional regulatory agencies. It also allows you a unique opportunity to get some rare how-to instruction in BSA/AML compliance issues. The Tennessee Bankers Association sponsors a one-day BSA/AML overview program in several locations across the state each fall. AUDIENCE/PROGRAM LEVEL/ DELIVERY METHOD This live, overview program focuses on the many BSA/AML issues facing financial institutions and will assist financial institutions in meeting the annual training requirements imposed by the BSA regulations. It also provides attendants with the opportunity to network with other professionals interested in BSA compliance. Participants will have ample time to address issues/situations within their financial institutions. This is not an introductory program. Attendants should have recieved at least 6 hours of formal BSA/AML training prior to attending this school. WHO SHOULD ATTEND This school is designed for personnel who have management and/or functional level responsibilities for BSA compliance and/or operations. Individuals with retail banking, risk management, compliance, audit, operational, corporate banking, and training responsibilities will benefit from this program. THE MANUAL Attendants receive a detailed manual with narrative explanations of regulatory requirements and examination procedures. The manual is an excellent resource for future reference.

3 Agenda: Day One Wednesday, March 28 Sessions and Learning Objectives 8:30-9:00 am Registration and Continental Breakfast 9:00-10:15 am Keynote Presentation Jamal El-Hindi, Associate Director, Regulatory Policy and Programs Division, FinCEN A representative from the Financial Crimes Enforcement Network (FinCEN) will deliver the keynote presentation. FinCEN administers the Bank Secrecy Act. El-Hindi will provide insight into the agency s future plans and recent pronouncements as they affect your institution. You will have an opportunity to ask questions during and after the presentation. 10:15 -!0:30 am Break 10:30 am - Noon Regulatory Panel Discussion Representatives from each Federal Functional Regulatory Agency and the Tennessee Department of Financial Institutions Representatives from each of the federal functional regulatory agencies and, The Tennessee Department of Financial Institutions will review their agencies current philosophies and practices, providing an overview of their current approach to on-site BSA/AML examinations. Attendants have an opportunity to ask questions and participate in give and take discussions. Noon - 1:00 pm Lunch 1:00-2:30 pm What Happened Since Last Year? Ken Golliher, Principal, Pegasus Educational Services, LLC, Louisville, KY This is a fast-paced review of the good, the bad, and the ugly BSA/ AML compliance milestones we ve all passed since the TBA s last BSA/AML School and how these developments may or may not affect your day-to-day compliance efforts. The major enforcement actions, BSA reporting trends, proposed regulations, notices of proposed rule making, and interagency guidance are all addressed. 2:30-2:45 pm Break 2:45-4:00 pm E-Filing and the New CTR Ken Golliher In, all banks are required to file BSA reports electronically. That mandate will be followed by a required transition from the legacy forms banks currently use for e-filing to new forms not currently published. The Currency Transaction Report (CTR), will change dramatically from the current document, reflecting a different design, more detailed breakdowns of the transactions involved, and features designed for industries in addition to banking. continued on next page To register online go to

4 Agenda: Day One continued Wednesday, March 28 Sessions and Learning Objectives 2:45-4:00 pm E-Filing and the New CTR continued Ken Golliher Golliher will present a detailed review of the filing instructions for the new CTR, which may provide your first insight into the reporting changes the new form requires and the retraining that will be necessary for your personnel. 4:00-5:00 pm Reception Hotel Lounge Day Two thursday, March 29 Sessions and Learning Objectives 8:30-9:00 am Continental Breakfast 9:00-10:15 am SAR Review Teams and the Financial Crimes Task Forces Walter Woosley, Criminal Investigation Division, Internal Revenue Service Woosley will cover the following topics: SARs and their value to law enforcement; history of the use of SARs by law enforcement and how they are used currently; what law enforcement looks for in a SAR identified for further investigation; summary of the SAR review teams; summary of the financial crimes task forces in operation by IRS-CI; what makes up a good task force and the partnership with financial institutions; statistics on the current investigative use of SARs across the US; the investigative steps that are used once a SAR is identified for further investigation; and examples of types of cases and how they were developed from SARs. 10:30-10:45 am Break 10:45 am - Noon Using 314(b) Registration as an Investigation Tool Ken Golliher Your customer is engaged in what appears to be suspicious activity, but the evidence spread across your desk clearly indicates they have another equally active banking relationship. Without that information, you re putting together a puzzle with some gaping holes. Golliher addresses using 314(b) registration and building a sharing mechanism that may or may not result in the filing of a joint SAR. It includes how to structure a sharing mechanism in policies and procedures and to determine whether a joint SAR filing is justified. Noon - 1:00 pm Lunch

5 DATE & LOCATION March 28 & 29 - Franklin Embassy Suites Nashville South -Cool Springs 820 Crescent Centre Drive Franklin, TN / HOTEL INFORMATION TBA has arranged for a limited number of rooms at a special group rate of $139 per night single/$149 double. Sunday, February 26, is the reservation deadline for our special group rate. When the allotted room block is sold, room rates will return to standard prices on a spaceavailable basis, even if it is before the February 26 deadline. All unreserved rooms will be released for general sale at midnight on February 26. Any reservation received after that date will be accepted on a space- or rate-available basis. Please make your overnight arrangements early to assure you receive the special TBA rate. To reserve your hotel accommodations call the hotel directly at 615/ and reference the group name Tennessee Bankers Association BSA/AML School. This is not an introductory program; all attendants should receive at least six hours of formal BSA/AML training prior to attending. For more information contact: Debbie Brickles - dbrickles@tnbankers.org Vice President and Director of Training and Development Tennessee Bankers Association 211 Athens Way, Ste 100 Nashville, TN / or 615/ PROGRAM FEES TBA Members / Associate Members Nonmembers Early Registration $440 $880 Early registration deadline is March 14. Registration $470 $910 At-the-door $520 $960 Fee covers instruction; manual; continental breakfast, refreshment breaks, and lunch both days; and reception on Wednesday. Please register early. At-the-door registrants will be assessed an additional $50 late registration fee. No written confirmation of seminar registration will be sent from the TBA. Participation in TBA programs is limited to members, associate members, and nonmembers from an eligible membership category at applicable member or nonmember rates. GENERAL INFORMATION Attire: Business casual attire is appropriate for all TBA programs. Because of temperature variations in meeting rooms, please bring a sweater or jacket for your comfort. Special Needs: If you have a disability that may affect your participation in this program, please send TBA a statement regarding any special needs at least 10 days before the program. We will contact you to discuss accommodations. Cancellation Policy: Cancellations received in the TBA office 5 business days prior to the scheduled program will be refunded in full. Due to commitments, cancellations received less than 5 business days prior to the scheduled program are not refundable. Substitutions are welcome. Registrants who do not attend the program or send a substitute will be responsible for the entire registration fee. Inclement Weather Policy: Cancellations due to inclement weather are refundable, minus a late cancellation fee of $50 for a one-day program and $75 for a two-day program. If you have questions concerning the status of a TBA program due to inclement weather, please call the TBA office at 615/ or 800/ , x150. The TBA number will provide information concerning program status, cancellation fee, and refund requests. You may call the site where the program is being held to check the status of the program in your area. The site phone number is listed in this brochure.

6 PROGRAM INSTRUCTOR/FACILITATOR Ken Golliher, Principal, Pegasus Educational Services, LLC, Louisville, KY Golliher is an experienced banker with a unique ability to reduce complex legal concepts to plain English. He has explained the why and how of BSA/AML compliance to thousands of financial institution personnel and examiners. 1:00-2:30 pm High Intensity Drug Trafficking Area Report for Tennessee Ed Shemelya, Eastern Region Marijuana Coordinator, Appalachia HIDTA, Office of National Drug Control, London, KY Tennessee has the distinction of having several of its counties included in either the Appalachia or the Gulf Coast High Intensity Drug Trafficking Area (HIDTA). Banks with bricks and mortar in those areas are affected directly in connection with their AML risk assessments. Banks whose customers live or operate in those areas also are affected. In this presentation, Shemelya will discuss the important role that banks can play in identifying and reporting suspicious activity. The presentation centers upon local problems and local information, exactly what banks in our state need to deny use of their facilities to drug traffickers. 2:30-2:45 pm Break 2:45-4:00 pm The New SAR Ken Golliher As noted in an earlier presentation, banks soon will transition from the legacy forms they currently use for e-filing to new documents that may never be available as paper forms. The SAR will change significantly in content and philosophy; it has been described as fewer words, more check boxes. Golliher will provide a detailed review of the filing instructions for the new SAR. It may be your first insight into the new form s reporting changes and the changes in SAR filing philosophies and perhaps a change in perspective on what is a red flag vs the basis for filing a SAR. 4:00 pm Adjourn CONTINUING EDUCATION CREDIT Attendants qualify for 13 hours of Continuing Professional Education (CPE) credit in the area of Specialized Knowledge and Application. In accordance with the standards of the National Registry of CPE Sponsors, CPE credits have been granted based on a 50-minute hour. For more information regarding administrative policies or complaints, please contact our offices at 615/ Tennessee Bankers Association is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be addressed to the National Registry of CPE Sponsors, 150 Fourth Avenue North, Suite 700, Nashville, TN, Web site: This program has not been pre-approved for ICB CE credits. Attendants who require ICB credits should go to for further instructions. For additional continuing education credit information, call the TBA education department at 800/ or 615/

7 Speakers Gwendolyn Brown, CPA, Commissioned Senior Domestic Safety and Soundness Examiner, Supervision and Regulation Division, Federal Reserve Bank, Atlanta, GA Gwendolyn Brown is a commissioned senior domestic safety and soundness examiner in the Supervision and Regulation Division of the Federal Reserve Bank of Atlanta. She began her career in the banking industry in 1986 and joined the Federal Reserve in Currently, Brown is a specialist on the Anti-Money Laundering Risk Team and enjoys leading and assisting with the large bank supervisory programs and providing assessments for Bank Secrecy Act/Anti-Money Laundering and Office of Foreign Asset Control compliance programs. She also assists in other examinations assessing the effectiveness of internal audit, operational risk and enterprise risk management, and fraud detection and prevention systems. Brown is a certified public accountant, with a bachelor s degree in accounting and a master s degree in finance. She is a member of the American Institute of Certified Public Accountants, Association of Certified Fraud Examiners, and Georgia State Society of Certified Public Accountants and currently is studying for the ACFE and FIBA AML/CA certifications. Duane Ediger, Senior Risk Examiner, Division of Supervision and Compliance, Federal Deposit Insurance Corporation, Nashville, TN Duane Ediger is an examiner in the Nashville Field Office of the Dallas Region of the Federal Deposit Insurance Corporation and serves as a subject matter expert for Bank Secrecy Act, fraud, and accounting. He began his career with the FDIC in 1986 in Denver in the division of liquidation and transferred to the RTC in He was promoted to regional accounting officer in Ediger spent a year as an assessment auditor in the Chicago regional office and a year in the Kansas City RTC regional office as part of the transition team before transferring to the Division of Finance in Dallas as a senior accountant in March Ediger earned his BS degree in accounting from Kansas State University and worked three years for a CPA firm. Before joining the FDIC, he spent nine years working for three financial institutions in Kansas and Colorado as CFO, controller, and manager of financial reporting. Jamal El-Hindi, Associate Director Regulatory Policy and Programs Division Financial Crimes Enforcement Network, Washington, DC Jamal El-Hindi is the associate director for the regulatory policy and programs division of the Financial Crimes Enforcement Network (FinCEN), where he oversees the regulatory, compliance, and enforcement functions for the agency. Prior to assuming this position, El-Hindi was associate director for program policy & implementation at the office of foreign assets control in the US Department of the Treasury, with responsibility for OFAC s compliance outreach division, licensing division, and policy division. He previously served as a legal advisor on economic sanctions programs for the Treasury s office of the general counsel. Before joining the Treasury, El-Hindi was an associate in a Washington law firm. El-Hindi graduated from the University of Michigan Law School, received a Master of Arts from the University of Michigan, a diploma in international relations from the London School of

8 Speakers continued Economics & Political Science, and an undergraduate degree in journalism from the University of North Carolina. Ken Golliher, Principal, Pegasus Educational Services, LLC, Louisville, KY Golliher is an experienced banker with a unique ability to reduce complex legal concepts to plain English. He has explained the why and how of BSA/AML compliance to thousands of financial institution personnel and examiners. Justin McClinton, Financial Analyst, Bank Division, Tennessee Department of Financial Institutions, Nashville, TN Justin McClinton has been with the Tennessee Department of Financial Institutions since He has been involved with the department s BSA/AML examination program since the department began conducting independent BSA examinations in His responsibilities include reviewing bank examination reports, including BSA/AML compliance reviews; drafting BSA enforcement actions; and facilitating BSA/ AML information sharing between the department and other regulatory agencies. Molly McKnight, National Bank Examiner, Compliance Lead Expert, Southern District, Office of the Comptroller of the Currency, Dallas, TX Molly McKnight has been an examiner for approximately 19 years. She obtained commissioned examiner status at both the FDIC and the OCC. She has specialized in consumer protection and BSA for 12 years and holds both the certified regulatory compliance manager and certified anti-money laundering specialist designations. McKnight currently serves as the Southern District compliance lead expert for OCC, and her responsibilities include providing leadership in compliance supervision, conducting industry outreach, and examiner training. Ed Shemelya, Eastern Region Marijuana Coordinator, Appalachia HIDTA, Office of National Drug Control, London, KY Ed Shemelya is a 30-year veteran of the Kentucky State Police and is currently the eastern regional marijuana coordinator for the Office of National Drug Control Policy s Appalachia HIDTA, a Federal initiative that enhances and coordinates drug control efforts among local, state, and federal law enforcement agencies to combat drug trafficking in critical regions of the United States. Shemelya served in many drug enforcement positions within the Kentucky State Police and in 2003 was appointed commander of the Kentucky Governor s Marijuana Strike Force and the Kentucky Eradication Initiative within the AHIDTA. Since his appointment as commander of the Kentucky Eradication Task Force, Shemelya was recognized by the Office of National Drug Control Policy as having the most outstanding eradication task force in the nation for four consecutive years. Shemelya is a graduate of Eastern Kentucky University and Northwestern University. Walter Woosley, Senior Special Agent Analyst, Criminal Investigation Division, Internal Revenue Service / FinCEN Liaison, Washington, DC Walter Woosley has been a special agent with the Internal Revenue Service criminal investigation for over 24 years. Prior to his becoming a special agent, he was an internal revenue agent and has over 26 years of total government service. Woosley has worked on many cases involving the

9 Speakers continued application of money laundering and bank secrecy act laws, along with the forfeiture of assets. He has spent the majority of his career working specifically with organized crime drug enforcement task force cases. Special Agent Woosley currently is assigned as the IRS-CI FinCEN liaison in Washington, DC. His duties at FinCEN involve coordinating the actions of criminal investigation with those at Treasury and FinCEN, dealing with all aspects of the Bank Secrecy Act. He transferred to DC from his position as a supervisory special agent in Lexington, KY. While a supervisor, he was instrumental in developing and implementing a highly successful financial crimes task force. Previously he was assigned to the Appalachian high intensity drug trafficking area task force in Kentucky, which was responsible for conducting investigations into high level narcotics traffickers with ties to large domestic and international narcotics organizations. BSA/AML Compliance Management Dates: September 10, 11, 12, 13 Locations: Kingsport, Knoxville, Jackson, and Nashville An extensive overview of BSA s record-keeping and reporting requirements. A great introduction for new personnel and an important review for experienced personnel. 2nd Annual Compliance Conference TENTATIVE Dates: September 18 and 19 Location: TBA Barrett Training Center Nashville, TN This conference finds practical, understandable, and workable solutions to the regulatory changes that occur with such frequency. FDIC Outreach Program Dates: April 3 and 5 Locations: Memphis and Nashville Network with state and federal regulators to learn about current and emerging issues and trends facing the financial services industry. Topics will cover what is going on within our state and what it means to our banks and the overall commerce industry.

10 BSA/AML March 28 & 29 Embassy Suites Nashville South-Cool Springs, Franklin Please print or type. Must Be Included. For educational tracking purposes only. Name Nickname SS# Name Nickname SS# Name Nickname SS# Name Nickname SS# Company Contact Phone Address City State Zip TBA Members / Associate Members Nonmembers Early Registration $440 $880 Early registration deadline is March 14. Registration $470 $910 At-the-door $520 $960 TOTAL $ Method of payment: VISA MasterCard Check CK# Card # Exp Date Make checks payable to Tennessee Bankers Association Return completed form and payment to: Tennessee Bankers Association ATTN: Monique Jenkins 211 Athens Way, Ste 100 Nashville, TN Phone: 615/ or 800/ Fax: 615/ Name as appears on card (please print) Card billing address City State Zip Phone To register online go to Signature of cardholder