Bank Secrecy for Frontline Employees: Why Are You So Suspicious?

This course, Bank Secrecy for Frontline Employees: Why Are You So Suspicious?, helps frontline bank employees understand what constitutes “suspicious” as related to completing a Suspicious Activity Report (SAR) under the BSA/AML regulations. We also discuss the kind of safe harbor provisions you can expect under the regulations following an incorrect SAR filing. You’ll learn how to protect both yourself and your bank from penalties and legal action under the USA Patriot Act by understanding the difference between the 314(a) and 314(b) information sharing requests.

Part of our Bank Secrecy for Frontline Employees series, this course consists of a video presentation followed by a quick quiz to test your comprehension. A downloadable reference document covering key points in the video is included.