Each depositor insured to at least $250,000 per insured bank

Thursday, March 29, 2012
10:00 a.m. Central Time

The FDIC Chicago Region will be hosting a Regional Regulatory Conference Call on Thursday, March 29th at 10:00 a.m. (Central Time). 

The one hour session will provide information on the following topics:

• Recent Trends in the Identification of Insider Frauds;
• Role of Regional FDIC Investigation Specialists in Investigating Insider Related SAR Filings;
• Fraud Risks Associated with Third Party Entities;
• The Importance of SAR Filings and FinCEN’s Proposal to Mandate Electronic Filing of Certain BSA Forms by June 30, 2012; and
• Best Practices for Ensuring Your Bank does not become a Victim of Fraud.

Our speakers, Chicago Region Case Manager Special Activities John Lombardo and Supervisory Examiner Regina Hayes, each with over two decades of specialized experience in combating financial institution fraud, will provide guidance on the above topics as well as observations on how the current economic uncertainty has created a “perfect storm” for potential bank fraud schemes.  Deputy Regional Director Lynn Dallin will provide opening remarks and preside over the teleconference.  The one-hour call will conclude with a full 20 minute question and answer session.  The teleconference is primarily open to FDIC supervised institutions in the Chicago Region.  

Bank directors, officers, and staff members are welcome to attend.  Participants may call in from any location and are not required to be onsite at their institutions.  To register for the teleconference, please follow the registration instructions below. Please complete your registration by Friday, March 23, 2012.

Registration Information:
Registertion is closed for this event.

On March 26, 2012, a confirmation email will be provided with a toll-free number and pass code for participants to gain entry to the call on March 29, 2012.

Reference Materials:

• Suspicious Activity Report Filing Summary: FDIC Chicago Region Supervised Banks - PDF
• Time Magazine Article: Collateral Damage: The Death of a Small Town Bank
• Financial Institution Letter-3-2012: Payment Processor Relationships: Revised Guidance
• FinCEN Electronic Filing Mandate Summary - PDF
• Exemption Request Template - Word
• Some Best Practices for Ensuring Your Bank does not become a Victim of Fraud - PDF