Posts filed under ‘NABS and Profit Protection’
We are pleased to introduce the 2011 Social Security Number Verification manual. This 26th annual edition includes 2011 updates to the SSN data base, but starting June 2011, the Social Security Administration will begin to assign numbers at random, precluding the ability of bankers to determine from the number the approximate age and geographic origins of the person providing the SSN.
Since mid-2010, the long-running, highly-respected advisory service and newsletter, The Advisor, has gone “green”, with delivery via email to subscribers in an electronic format. Articles, sources or Web sites mentioned in the newsletter are hyperlinked and just one click away for readers to download, making The Advisor a powerful tool for financial institution security and BSA officers and risk managers. The electronic format also enables each e-issue to be archived and fully searchable. The electronic format also makes it easy to share individual articles with colleagues within the institution.
All Bank Secrecy Act products offered through NABS Profit Protection have been updated to reflect the overhaul and renumbering of the BSA regulations. The changes became final March 1, 2011, along with updated forms starting March 7th and continuing today. For the first time, an electronic version of books and manuals is being offered in tandem with the hard copy.
Get the 7th and Latest Edition of Procedures for Preparing a CTR and save $15 on the video, “Principles of Preparing a CTR”. Completely revised for 2011, including the latest form changes, to comply with FinCEN’s reorganization of Title 31, Chapter X – the rules implementing the Bank Secrecy Act. This easy-to-use handbook, available with a new bookmarked PDF format, provides a thorough understanding of the Large Currency Transaction Report; illustrates in detail how each item on the CTR should be completed for any given transaction; and enables financial institution employees to quickly and easily find answers to CTR completion questions when they arise. Includes a proficiency test to administer to employees during training for measuring their understanding of CTR regulations and forms.
For more information or to order any Bank Security publication or manual, simply click here or the box to the right. NABS Profit Protection has been endorsed by the Association since 1986.
Date: January 11, 2011
From: Phillips Gay
Subject: Product Offerings and Updates
Final Rule: FinCEN Transfer and Reorganization of the Bank Secrecy Act Regulations
The Financial Crimes Enforcement Network recently published a final rule moving the Bank Secrecy Act regulations to a new chapter, Chapter X, in the Code of Federal Regulations (CFR) effective March 1, 2011. This means that all training, publications and manuals referencing the old numbering system will have to be changed by then to reflect the new system. NABS/PPL has already begun this process with our products (see “’X’ Marks the Spot” below) and will soon be in touch with your association as to how this will impact the BSA training you provide your members utilizing our services.
We are about to launch our next promotional campaign, which will include the following:
“X” Marks the Spot – our first BSA Manuals, Videos and Pamphlets Catalog featuring all of our products to help your members comply with Chapter X. FinCEN has recommended that “organizations…move as quickly as practical to update documents, training programs and other materials or systems with the appropriate 31 CFR Chapter X citations.” Three money-saving BSA bundles are available, including the BSA Survival Kit Bundle, which is comprised of all of our BSA manuals and videos at a more than $250 savings off full price if purchased separately. As a special bonus, those purchasing the BSA Manual or Survival Kit Bundles will receive the electronic bookmarked PDF version of all five manuals on CD for free. Click for a brochure.
Special pricing on our popular Facts You Should Know pamphlet series, three of which have been recently updated. Click for a brochure.
Our first Robbery Catalog, a complete source for all our robbery-related products, including the brand new Weapons Identification Guide. Two new bundles of robbery-related products are now available at very special pricing. The Complete Robbery Bundle combines all our robbery-related products into one package at a discount of more than $150 off list price if purchased separately. The Branch Robbery Readiness Bundle provides each branch with essential tools in the event of a robbery at a savings of more than $15 if purchased individually. Click for a brochure.
National Association for Bank Security/Profit Protection, LLC
4800 SW 51 Street, Suite 101
Fort Lauderdale, FL 33314
Phone (800) 390-6227, Fax (888) 390-6227
In cooperation with Profit Protection and the National Association of Bank Security (NABS), the Association offers a wide range of publications including bank security manual workshop kits, training videos, BSA and SAR manuals. Please refer to the product page on their web site for a list of products as well as pricing and ordering information.
Audrey at NABS
Telephone: (800) 390-6227
Fax: (954) 327-1226
Visit the NABS web site.