Bank Secrecy for Management and Operations: 120 Hours and Counting

In our Bank Secrecy for Management and Operations: 120 Hours and Counting course, we outline how you and your bank must respond to various requests for information under regulations covered by the USA Patriot Act. We take a look at 314(a) and 314(b) requests for information and provide examples of both, as well as the time frame allowed for compliance. You’ll learn how to protect both yourself and your financial institution from penalties and legal action by understanding the difference between the two kinds of information covered by the Act.

Part of our Bank Secrecy for Management and Operations series, this course consists of a video presentation followed by a quick quiz to test your comprehension. A downloadable reference sheet covering key points from the video is included.