NCUA Hosting Anti-Money Laundering Webinar
The NCUA on Monday announced a webinar that will assist credit unions with federal anti-money laundering requirements.
“How to Be in Compliance with OFAC and FinCEN” will take place at 2 p.m. Eastern on May 21, the agency said.
The free webinar hosted by Diane Rector, training manager at the NCUA’s Office of Small Credit Union Initiatives, will feature experts including Adam Maddox, sanctions compliance officer at the Office of Foreign Assets Control, Andrea Sharrin, director of the Office of Compliance and Enforcement at the Financial Crimes Enforcement Network and Stephanie Brooker, associate director of the enforcement division at the Financial Crimes Enforcement Network.
Staff from NCUA’s Office of Examination and Insurance will also participate in the webinar.
The NCUA will hold a second webinar on June 25, which will cover the latest money laundering threats, reporting requirements, and ways to create an effective anti-money laundering compliance program.
Registration for the first webinar is currently open and more information on the second event will follow. Participants will have the opportunity to take a survey during the webcast and a short quiz afterward to receive a certificate of attendance.
Participants may submit questions in advance at WebinarQuestions@ncua.gov with the subject line, “OFAC and FinCen Compliance Webinar.”