This training on BSA compliance will help you understand the concept of tax evasion and tax fraud and the difference between the two. Learn the best practices to identify tax fraud and how to report suspicious activity.
Why Should You Attend:
Tax Evasion and Tax Fraud are at the cornerstone of an effective BSA/AML compliance program. Effective monitoring and proper understanding of the topic are required to accurately describe the transactions on a Suspicious Activity Form.
This webinar will address the types of transactions and give you examples of how to drill down further to assess those risks.
Areas Covered in the Webinar:
- Resources.
- What’s the difference? Tax Evasion vs Tax Fraud
- Why do I care?
- Definitions
- Why it matters
- Global Tax Evasion
- The Swiss Connection
Who Will Benefit:
- Financial Officers
- Bank Secrecy Act Officers
- Front Line Staff
- Risk Officers
- Operational Managers
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