With the effective date for the new customer due diligence (CDD) rules fast approaching, this session will show you how to incorporate the new requirements into your current BSA policies and account opening procedures. You will learn effective ways to gather and verify beneficial owner information at account opening and best practices for obtaining consumer information to establish the purpose and anticipated activity for the account. Gathering all this information is just part of the process. What do you do once you have it? How do you know when something is outside the norm? This webinar will review industry practices for ongoing monitoring of accountholder relationships, and when to take additional steps. Don’t miss this opportunity to ensure you’re prepared for the May 11th deadline and your next exam.
Attendance verification for CE credits provided upon request.
Who Should Attend?
This jam-packed session is designed for BSA officers, compliance officers, new accounts personnel, and branch managers.
If you are having issues with registering online, please contact CBAO's Education & Training Coordinator, Lianne Simeone, (614) 610-1877.