WASHINGTON (3/31/08)—The Credit Union National Association (CUNA) is attempting to reach even more credit unions to help them meet the complex compliance requirements under the Bank Secrecy Act (BSA). This year CUNA will conduct two Bank Secrecy Act conferences, one in Washington, D.C. May 18-21 and the other in Atlanta, Ga. Oct. 19-22. CUNA has been designing annual BSA conferences since 2005 to provide credit unions with the most up-to-date information available. New topics for the 2008 sessions include:
* An in-depth, hands-on look at developing an institution-wide BSA risk assessment; * How BSA due diligence before a merger can save a credit union from other pitfalls; * Shared branching and BSA; who is responsible for what; *ACH and wire issues; and * Alternative payment methods and problems that can develop.
This 2008 conferences will feature informative discussions on practical, operational compliance issues; open forums for question and answer; big picture compliance trends; overviews of common mistakes; and networking opportunities . In 2006, CUNA began offering participants an opportunity to become BSA certified via a test administered by CUNA. That certification option will be available at both 2008 sessions. For registration information, and more on BSA, use the resource links below.