Webinar | 90 minutes | $199

Learn what you need to know and do!

February 13, the U.S. Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN) issued an order granting exceptive relief to covered financial institutions from certain requirements under FinCEN’s Customer Due Diligence Requirements for Financial Institutions rule (the “2016 CDD Rule”). The order excepts covered financial institutions from the requirement to identify and verify the beneficial owners of a legal entity customer each time the customer opens a new account.

Under the order, a covered financial institution is required to identify and verify the beneficial owners of a legal entity customer in only the certain circumstances.  Learn what you need to do to get into compliance.  Change your policy and procedures for BSA Customer Due Diligence.

Highlights:

• Review of Changes
• Learn how to implement your business account procedures
• Acquire information to change your BSA policy and procedures
• Elimination of excess revisiting of beneficial ownership

Receive:  Updated New Accounts Handbook

Who should attend?
BSA Officers, Deposit and Loan Operations, Compliance and staff who open accounts and make loans

Seminar Instructor

Deborah Crawford is the President of Gettechnical Inc., a Florida-based firm, specializing in the education of banks across the nation.  Her 40+ years of banking and teaching experience began at Hibernia National Bank in New Orleans. She graduated from Louisiana State University with both her bachelor’s and master’s degrees.  Deborah’s specialty is in the deposit side of the financial institution where she teaches seminars on regulations, documentation, insurance, and Individual Retirement Accounts.

OnDemand Registration 

The cost for 90 days of unlimited access to this recording is $199.

You will receive a download link for any materials and manuals used by the instructor (digital), and a viewing link to the recordings of the class. (You will have unlimited access to the recording for 90 days.)

More Information

Please call (800) 354-3051 for additional information.