Thursday, March 4, 2021
2:00 – 3:00 pm (Eastern Time)
1:00 – 2:00 pm (Central Time)
12:00 – 1:00 pm (Mountain Time)
11:00 – 12:00 pm (Pacific Time)
Financial institutions play a significant role in the financial space as they hold the assets of a customer. Based on this fact, financial institution records and funds on deposit often become the center of legal disputes and governmental enforcement actions such as 314a requests, subpoenas, garnishments, and tax levies. In addition, certain states have requirements when filing a SAR to report to a regulatory body.
This compliance training will focus on how to implement a practical process for the receipt and handling of these law enforcement requests.
- What are the requirements for each type of request?
- What are the deadlines?
- What are the rights of the financial institution?
This banking webinar will take attendees through each type of request, provide the requirements for each request and how to implement a practical process that works for all areas of the financial institution.
- Review of each type of law enforcement request
- Understanding the requirements for levies, summons and subpoenas
- Best business practices for responding to these requests
- Special reporting requirements
- Common issues resulting in regulatory scrutiny based on these requests
Who Should Attend?
- BSA/AML Officers and Support Staff
- Branch management
- Customer Service Representatives
- Call Centers
- Electronic Banking
- Risk Management
- Deposit Operations
- Internal Audit
- Information Security
- Executive 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.
1.0 CPE Credits & 1.2 AAP Credits