FFIEC Industry Outreach Events

The focus of this webinar is to discuss the 2021 updates to the FFIEC BSA/AML Examination Manual.  The updates cover the BSA/AML Compliance Program sections including Scoping and Planning, BSA/AML Risk Assessment, Assessing the BSA/AML Compliance Program, and Developing Conclusions and Finalizing the Exam, as well as the examination procedures related to these areas.

On June 30, 2021, The Federal Financial Institutions Examination Council (FFIEC) issued a new booklet in the FFIEC Information Technology Examination Handbook series, titled "Architecture, Infrastructure, and Operations." This webinar will provide an overview of the changes and content of the new booklet, which provides expanded guidance to help financial institution examiners assess the risk profile and adequacy of an entity's information technology architecture, infrastructure,

Threat actors continue to seek to undermine financial institutions' authentication and access defenses in order to gain unauthorized access to customers' accounts and the institutions' information system. This webinar will provide an overview the new FFIEC Guidance on Authentication and Access to Financial Institution Services and Systems, which was published in August 2021. This new FFIEC Authentication Guidance sets forth examples of effective authentication and access ...

The focus of this webinar is to discuss the 2020 updates to the FFIEC BSA/AML Examination Manual.  The updates cover the BSA/AML Compliance Program sections including Scoping and Planning, BSA/AML Risk Assessment, Assessing the BSA/AML Compliance Program, and Developing Conclusions and Finalizing the Exam, as well as the examination procedures related to these areas.

Current trends in email compromise fraud, as well as control considerations that may help institutions better protect themselves and their customers from this growing cyber threat.

Financial Crimes Enforcement Network (FinCEN) discusses its “Updated Advisory on Email Compromise Fraud Schemes Targeting Vulnerable Business Processes” (FIN-2019-A005).  In addition, representatives from the FFIEC’s Cybersecurity and Critical Infrastructure Working Group, the BSA/AML Working Group, and the IT Subcommittee also share supervisory insights.

Approximately $200 trillion of financial products and contracts reference LIBOR. The potential discontinuance of LIBOR as a benchmark and reference rate could impact your financial institution.

In this FFIEC Industry Outreach webinar, presenters provide an overview of the recent history of LIBOR as a reference rate, discuss the rate's uncertain future and associated risks to financial institutions.The presenters also provide context on the alternative reference rate.