The focus of this webinar is to discuss the 2021 updates to the FFIEC BSA/AML Examination Manual. The updates cover the BSA/AML Compliance Program sections including Scoping and Planning, BSA/AML Risk Assessment, Assessing the BSA/AML Compliance Program, and Developing Conclusions and Finalizing the Exam, as well as the examination procedures related to these areas. On February 25, 2021, the Federal Financial Institutions Examination Council ("FFIEC") released updates to the Bank Secretary Act/Anti-Money Laundering ("BSA/AML") Examination Manual (the "Manual"), which provides guidance to examiners for evaluating a financial institution's BSA/AML compliance program and its compliance with related regulatory requirements. MSB Examination Materials. The publications below provide guidance to officials examining money services businesses (MSBs) for compliance with the requirements of the Bank Secrecy Act (BSA). Sample MSB Examination Manual Work Program (December 2008) PDF Only. Esta publicación ha sido traducida al castellano solamente para su conveniencia. The OCC conducts regular examinations of national banks, federal savings associations, federal branches, and agencies of foreign banks in the U.S. to determine compliance with the BSA. OCC examiners review compliance with BSA as part of every exam cycle using the core and expanded examination procedures contained in the FFIEC's Bank Secrecy Act Description. The focus of this webinar is to discuss the 2021 updates to the FFIEC BSA/AML Examination Manual. The updates cover the BSA/AML Compliance Program sections including Scoping and Planning, BSA/AML Risk Assessment, Assessing the BSA/AML Compliance Program, and Developing Conclusions and Finalizing the Exam, as well as the examination The FFIEC BSA/AML Examination Manual will be presented in detail at the approximately three-hour sessions including a question and answer period. The half-day regional meetings will be held at the following locations: Date Location Event Time August 15 San Francisco - Hyatt Regency In its ongoing efforts to update the FFIEC BSA/AML Examination Manual, the Federal Financial Institutions Examination Council (FFIEC) has added one new section and updated three other sections of the Manual. The focus of this webinar is to discuss the 2021 updates to the FFIEC BSA/AML Examination Manual. The updates cover the BSA/AML Compliance Program sections including Scoping and Planning, BSA/AML Risk Assessment, Assessing the BSA/AML Compliance Program, and Developing Conclusions and Finalizing the Exam, as well as the examination procedures related to these areas. Examiners Should Focus on Risk, Not Technical Perfection. On April 15, 2020, the Federal Financial Institutions Examination Council ("FFIEC") released updates to the Bank Secretary Act/Anti-Money Laundering ("BSA/AML") examination manual (the "Manual"). As the FFIEC Interagency press release described, the Manual provides "instructions to examiners when assessing the adequacy of Immediate Release. April 29, 2010. The Federal Financial Institutions Examination Council (FFIEC) today released the revised Bank Secrecy Act/Anti-Money Laundering (BSA/AML) Examination Manual. The revised manual reflects the ongoing commitment of the federal and state banking agencies to provide current and consistent guidance on risk-based The Federal Financial Institutions Examination Council (FFIEC) periodically updates its BSA Examination Manual, with the most recent update o