bank secrecy act / anti- money laundering (bsa/aml) compliance

Training• The following elements should be included in thetraining program and materials:– The importance the board of directors and seniormanagement place on ongoing education, training andcompliance– Employee accountability for ensuring BSA compliance– Comprehensiveness of training, considering specific risksof individual business lines– Training of personnel from all applicable areas of the creditunion– Penalties for non-compliance