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Business Models Involving Convertible Virtual Currencies - Webinar

Business Models Involving Convertible Virtual Currencies - Webinar

by Deb Rondeau -
Number of replies: 0

Center for Financial Training
Webinar - Live and Recorded Options Available

Business Models Involving Convertible Virtual Currencies

Wednesday, October 2, 2019
2:30 PM - 4:30 PM (Eastern Time)

 

CFT Webinars are purely educational. Instructors are not permitted to sell any products or services during the presentation.

Program Content:

FinCEN issued guidance on business models involving virtual currency. This guidance is intended to help financial institutions comply with their existing obligations under the BSA as they relate to current and emerging business models involving CVC by describing FinCEN’s existing regulatory approach to the issues most frequently raised by industry, law enforcement, and other regulatory bodies within this evolving financial environment. In this regard, it covers only certain business models and necessarily does not address every potential combination of facts and circumstances. Thus, a person working with a business model not specifically included in this guidance may still have BSA obligations.

During this webinar we will explore the guidance and its implications for your BSA department.

What You Will Learn:

  • Business Model
  • Value that Substitutes for Currency
  • Application of BSA regulations to persons exempt from MSB status engaged in transactions denominated in any type of value that substitutes for currency
  • Application of BSA regulations to persons not exempt from MSB status engaged in transactions denominated in any type of value that substitutes for currencyt
  • Convertible Virtual Currency (CVC)
  • General Application of BSA Regulations to Money Transmission
  • BSA Obligations of Money Transmitters
  • Application of BSA Regulations to Money Transmission Involving CVC
  • And much much more

Who Should Attend?:

BSA Officer, Staff and Coordinators, Training, Deposit Operations and Compliance. Please forward email to appropriate person(s).

Instructor:

Deborah Crawford is the President of Gettechnical Inc., a Virginia based training company. She specializes in the deposit side of the financial institution and is an instructor on IRAs, BSA, Deposit Regulations and opening account procedures. She was formerly with Hibernia National Bank (now Capital One) and has bachelor's and master's degrees from Louisiana State University. She has 30+ years of combined teaching and banking experience.

What Is A Webinar?:

A webinar combines the clarity of an audio teleconference with the interactivity and visual presentation of the internet. All you need to participate is a telephone and an internet connection. Even if you don't have an internet connection, you can still participate in the audio session. Listening to the program over the telephone and following the written materials is an effective alternative!

Unable To Attend?:

No problem. You can purchase a recording of the webinar for future use. You can choose from either an On-Demand Web Link (Good for 6 months from the webinar date, unlimited use) or a CD-ROM (includes a paper copy of the PowerPoint slides).

Viewing Options (all options include applicable handouts):

All options include applicable handouts. You can choose to pay by credit card or be billed. Additional Live Webinar connections are $75 each.

Option 1: Live Webinar and 7 Days OnDemand Video Playback - $265

Option 2: OnDemand Video (six months access) - $295

Option 3: Live and 6 Months of OnDemand Video - $365

Option 4: CD-ROM Video (Includes OnDemand Video) - $345

Option 5: Entire Package (all of the above) - $395

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Recommended for 2.5 CE Credit Hours. Each attendee will receive a Certificate of Attendance for self-reporting of CE Credits.

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Core Compliance Suite Webinar Series

 

Additional Educational Opportunities

 


Questions?

Please contact Scott Briggs at
800-795-5242 X1180 or scott@cfteducation.org

 

Looking for more in depth compliance training? Check out the 2019 Federal Compliance School!: Click Here