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Florida Association of Mortgage Professionals - Event Information


Event Name:
Anti-Money Laundering Training Webinar - April 8, 2020

Description:

Register to Attend FINCEN Required Anti-Money Laundering Training Webinar
April 8, 2020
2pm - 3pm ET

FAMP and the FAMB Education Foundation have partnered to offer FAMP members access to training on the Anti-Money Laundering Program (AML) requisites that satisfy the rules & regulations of the U.S. Department of the Treasury.

Join us on Wednesday, April 8, 2020 from 2pm to 3pm to receive your required training...cost is only $25 per member and $50 per non-member!

The Financial Crimes Enforcement Network (FinCEN) requires nonbank residential mortgage lenders and originators (RMLOs) to establish anti-money laundering (AML) programs and to file suspicious activity reports (SARs). Under the rule, companies are statutorily required to insure that their employees undergo appropriate training on an annual basis.

Topics include:
  • The History of AML Requirements
  • An overview of the 5 pillars of an AML compliance program
  • Objectives of an effective AML compliance program
  • A review of AML Examination Findings
  • Role of AML programs and SARs in fighting mortgage fraud and preventing losses
  • Indicators of suspicious activity specific to FinCEN and RMLOs
  • Role and responsibility of the AML Compliance Officer
  • What triggers a SAR filing and how and when to file a SAR
  • Timing and confidentiality requirements of SARs
  • Risks and penalties for violating BSA/AML requirements
Who Should Attend? 
  • Nonbank residential mortgage lenders and originators
  • Mortgage fraud specialists at nonbank RMLOs
  • Operations, sales, compliance, internal audit, management, legal personnel
  • All personnel who have contact with the consumer
In order to receive a certificate, each attendee will be required to login to the webinar separately.?

Cost for this webinar is $25 for Members and $50 for non-members.

 
 

Event Date:
4/8/2020

Event Time:
2:00pm - 3:00pm

Location:
Online Webinar

Contact Person:
Ted Smith
(phone: 850-942-6411)

Event Registration: