566 - Navigating the Beneficial Ownership Rules

566 - Navigating the Beneficial Ownership Rules
Session Time: 1:00 PM - 2:30 PM -- NACHA Sponsored Webinar - May 11, 2018 marked the deadline for financial institutions to achieve mandatory compliance with the final Beneficial Ownership Rule under the Bank Secrecy Act to clarify and strengthen customer due diligence requirements. Achieving compliance may require changes to your institution’s policies, procedures and processes, and the examiners are anxious to assess your compliance with the rule. The rule is intended to aid transparency and strengthen customer due diligence requirements. Since the rule’s issuance, financial institutions have grappled with guidance issued by the U.S. Treasury Department regarding the rule and its practical application, particularly to so-called “triggering events.” Whether you have questions about the rule or you want to reassure yourself that your institution has met all of the expectations and requirements, don’t miss this informative and timely webinar.
When
8/23/2018 1:00 PM - 2:30 PM
Where
Webinar Webinar

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