Why Should You Attend:
Financial Institutions contemplating expanding or launching banking services for MSBs, or conversely existing the business, will benefit by understanding of the critical information that needs to be considered in the unbiased decision making process. Equipped with the appropriate set of data points, management will be enabled to determine the best strategy for their institution regarding the MSB segment.
Agenda
- Market challenges facing Financial Institutions within the current BSA/AML de-risking environment
- Defining MSBs and other higher risk “payments” entities
- Perceptions and misperceptions of MSBs
- Treasury/Cash Management products and services that are generally of the highest demand for MSBs
- Varying levels of risk between MSB entities within the same type of MSB industry
- Indications that an MSB’s BSA/AML compliance program is or is not a “check the box” regime
- Primary concerns of regulators with those Financial Institutions expanding services with MSB customers
- The “investments” financial institutions need to consider in expanding services and relationships with higher BSA/AML risk customers
Who Should Attend
- Compliance Officer
- BSA Officer
- BSA/AML Managers
- Risk Officer
- Risk Manager
- Risk Committee Member
- Internal Auditor
- Audit Officer and/or Manager
- Audit Committee Member
- Financial Officer and/or Manager
- Controller
- Accounting Manager
- Head of Business/Commercial Deposit Products
- Cash Management Services Officer and/or Manager
- Treasury Management Services Officer and/or Manager
- Deposit Products and Services Development Officer and/or Manager
