Exploring Recent Enforcement Actions and Legal Cases for Practical AML Compliance Lessons

Duration: 60 Minutes
This webinar will review the regulatory history and background of the financial institution involved, the findings of the regulators and law enforcement during examinations and onsite reviews, the reasoning behind the enforcement actions, and the expectation of the regulators and law enforcement going forward. It will further discuss policy changes, procedure enhancements, and operational practices the financial institution could have taken to prevent the weaknesses that caused the enforcement action.
Anti Money Laundering Compliance
Instructor: Thomas Nollner
Product ID: 505626
Objectives of the Presentation
  • Current enforcement actions issued by the Office of the Comptroller of the Currency & FinCEN, to include the background of the financial institution involved in the enforcement action
  • The regulatory history of the institution, the specific issues involved with the enforcement action
  • The fine imposed by the regulator and law enforcement, and the expectations for the institution to comply with the articles of the enforcement action
  • Examining recent AML enforcement actions to identify emerging regulatory priorities and trends
  • Improving your current AML program with practical strategies to prevent violations and penalties
  • Incorporating common themes from recent cases into your institution's compliance training
Why Should you Attend
This webinar will review and discuss recent enforcement actions issued by the Office of the Comptroller of the Currency and FinCEN to help participants understand the process used by regulators and law enforcement when developing and issuing enforcement actions. The session will include enforcement actions for banks and money service businesses.

Attend this webinar because reviewing and analyzing the issues and violations of law identified in enforcement actions by regulators and law enforcement can help you understand, mitigate, and hopefully prevent the same types of problems in your AML program. The more aware you are of the focus regulators and law enforcement place on certain areas of bank operations, the better you can ensure that your institution has policies and procedures in place to fully compliance with all laws and regulations.

Who will Benefit
  • BSA/AML Officers
  • BSA/AML Auditors
  • BSA/AML Staff
  • Risk Managers
  • Management
  • Directors
  • AML/CTF Officers
  • Law Enforcement
  • Compliance Officers
$300
Recorded Session for one participant
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  $450.00 Training CD
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  $550.00 Training USB Flash Drive
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How it works
Live Session - How it works
  • Login to onlinecompliancepanel with your registered username and password https://www.onlinecompliancepanel.com/login
  • The webinar joining link, username and password for joining the webinar will be updated on your OCP Account 24 hours prior to the webinar
  • Presentation handouts in Downloadable PDF format will be updated on your OCP Account 24 hours prior to the live session
  • Login to the audio conference on the scheduled date and time
  • Get answers to your queries through interactive Q&A sessions via chat at the end of the session
  • Download the Certificate of Attendance and Purchase Invoice from your OCP Account 24 hours after the completion of the session
  • Please let us know your thoughts and views at the end of the webinar, your valuable feedback will help us improve
Recorded Session - How it works
  • Login to onlinecompliancepanel with your registered username and password https://www.onlinecompliancepanel.com/login
  • Upon purchase of the recorded session a link will be updated on your OCP Account within 24 hours
  • Please click on the link to access the Recorded Session
  • Presentation handouts in downloadable PDF format will be updated on your OCP Account within 24 hours of the purchase of the product
  • Download the Certificate of Attendance and Purchase Invoice from your OCP Account after 48 hours of the product Purchase
  • Please share your valuable Feedback at the end of the session
Instructor Profile:
Tom Nollner has over 35 years of experience in the banking regulatory field. His experience includes 30 years as a National Bank Examiner for the Office of the Comptroller of the Currency, United States Treasury and 5 years as an international banking consultant. He has a proven track record in assisting financial institutions regarding capital adequacy, asset quality, management issues, earnings concerns, and liquidity. In addition, Tom is a consumer specialist focusing on developing and instituting risk management processes, and in implementing anti-money laundering related programs and policies.

Tom has developed and presented numerous training programs focusing on banking issues, to regulatory authorities, government bodies, and the staff of financial institutions in countries in North America, Asia, the Middle East, the Caribbean, and South America. In addition, he has developed banking policies and examination procedures for regulatory authorities, and assisted Financial Intelligence Units and Central Banks with improving existing banking laws and regulations.
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