Hot Topics in BSA/AML Risk, Compliance, and Enforcement

Community banks are navigating a rapidly evolving BSA/AML landscape marked by heightened enforcement risk, shifting regulatory priorities, and new compliance expectations. “Hot Topics in BSA/AML Risk, Compliance, and Enforcement” will examine the most significant recent developments affecting financial institutions. We will discuss the Trump Administration’s designation of certain cartels as Foreign Terrorist Organizations and the resulting implications for customer due diligence, suspicious activity monitoring, sanctions exposure, and reputational risk. We will also analyze the launch of the Financial Crimes Enforcement Network (FinCEN) whistleblower program and its implications for internal reporting, compliance governance, and investigative response. In addition, we will review FinCEN’s new CDD Exemptive Relief Order and how it may affect beneficial ownership procedures and documentation practices. Finally, drawing on lessons from recent BSA/AML prosecutions, we will explore what enforcement actions reveal about the growing insider threat and the practical steps banks can take to mitigate risk. This program will provide actionable insights to help community banks strengthen controls, prepare for scrutiny, and respond effectively in today’s enforcement environment.

Other Speakers:

Laura Sharp
Madalin Blake

For more information, view the event details.