If you have any questions or comments please give us a call at 1.800.348.1831 or submit a form here and we will get back to you as soon as possible. Please visit our Educational Services page for more webinars.
|Event Name:||Preparing for Beneficial Ownership and Correctly Documenting the Required Information|
|Date:||Monday, February 27, 2017 11:00am CST|
|Panelist(s) Info:||Terri Sands AAP, Founder - Secura Risk Management|
|Credits:||1.2 AAP Credits, 1.0 CPE Credit|
Today’s BSA/AML Program has a regulatory requirement to comply with four pillars of AML. In May of 2018, there is a new rule that will go into effective that will impact how financial institutions capture information during the account opening process. The proposed new rule on beneficial ownership will add a fifth pillar requirement that will expand the current customer due diligence program. This webinar will review the new requirement, provide practical methods for complying on the front line and provide best business practices for training your front line to obtain the information without adding significant amounts of time to the new account opening process.
This session will cover: