On February 7, 2012, the Financial Crimes Enforcement Network, known as FinCEN, issued a Final Rule extending anti-money laundering and suspicious activity reporting requirements to non-bank residential mortgage lenders and originators (RMLOs).

RMLOs must immediately develop and implement compliant AML and SAR programs.

Join us as we present the third in our series of free webinars explaining the new requirements and discussing the steps RMLOs must take to comply. 

We will discuss the nuts and bolts of developing and implementing a compliant SAR program, including:  

  • What types of activity must be reported
  • How to recognize suspicious activity
  • What information must be reported on the actual SAR filed with FinCEN
  • The time frame for filing a SAR
  • The substantial penalties for failure to comply with the requirements  

program

12:00 PM - 1:00 PM ET | Webinar

panelists

Richard J. Andreano, Jr., Practice Leader, Mortgage Banking Group
Beth Moskow-Schnoll, Partner, Consumer Financial Services Group
Joseph Salerno, Managing Director, Financial Compliance & Investigative Services, LLC

This program is open to Ballard Spahr clients and members of the financial services industry. There is no cost to attend. This program is not eligible for continuing education credits. Please register at least two days before the webinar. Login details will be sent to all approved registrants.