The Bank Secrecy Act (BSA) and its related laws exist primarily to prevent money laundering and other illegal financial activity. To comply with the BSA, all financial institution employees must be able to detect and report suspicious activity. This course defines and identifies several types of suspicious activity and discusses your reporting responsibilities.

Explore the Expedited Funds Availability Act and Regulation CC. Learn about the importance of the EFAA and its impact to customers, exceptions, and the specific availability of particular funds.

This course adapts to the student’s learning based on the way they answer section Pre-Tests. This course covers the requirements of the Electronic Fund Transfer Act (EFTA) and Regulation E, such as information about covered transactions, consumer disclosures, the liability of consumers and financial institutions, error resolution requirements, and penalties for noncompliance.

This course covers the basic requirements of the Right to Financial Privacy Act (RFPA), with a discussion of its history and purpose, customer notification and government authorization requirements, and recordkeeping provisions. The course explains the exceptions to the act that allow financial institutions to release financial records without complying with the RFPA requirements. The penalties for noncompliance are also summarized.

Learn about the rules and regulations that govern deposit accounts. Topics include customer identity verification, account information disclosure, consumer reporting agency notices, deposited funds availability, electronic funds transfer and the amount of money kept in reserves.

This course explains the money laundering process and educates you about ways to prevent money laundering at your financial institution. The Bank Secrecy Act (BSA) helps the United States government combat money laundering and other illegal financial activity. Within the framework of the BSA, this course also discusses the key elements of an Anti-Money Laundering (AML) compliance program, which is required for all financial institutions.

This course is intended to provide you with an understanding of the basic concepts regarding fair lending by explaining the fair lending laws and the penalties of breaking these laws.

This course explains elder financial abuse by teaching you how to recognize the different types of abuse, who the typical perpetrators of abuse are, and how to identify the victims of abuse. The course also illustrates ways that you can detect and prevent elder financial abuse in your institution. The appropriate response to financial abuse will be demonstrated through illustrations and case examples.