FSC – A Simple Approach to Recordkeeping

Course Description

Records are critical to every organization. The information you gather for work is valuable — you save it, print it, file it, and store it, but rarely do you ever get rid of it. The volume of business records can get so large that it becomes difficult or impossible to find important pieces of information when needed. The costs of preserving records also can be high. In just 30 minutes you will learn the importance of records management and your role in successfully managing the records. While maintaining records is important for retrieval, the BSA requires certain records be maintained depending on the type of MSB creating the records. Upon completion of this course, students will be able to identify the basic requirements of records management, including the importance of records management and penalties for failing to comply with your company’s policies, recognize what comprises a record and in what formats records may exist, and be familiar with specific BSA/AML record-keeping requirements based on MSB type.

30 Minutes