On April 3, 2018, the Financial Crimes Enforcement Network (FinCEN) issued long-awaited frequently asked questions (FAQs) regarding its new customer due diligence (CDD) requirements. The revised FAQs were released 28 working days before the CDD rules become effective on May 11, 2018. How will these new clarifications impact your CDD implementation plan? The 24-page document includes 37 questions and answers including coverage thresholds, identification and verification steps, collection and retention of beneficial ownership information, exclusions, and CTR reporting. Attend this session to hear vital definitions and requirements for the complex rules based on this new guidance.
Attendance verification for CE credits provided upon request.
Who Should Attend?
This informative session is designed for anyone with BSA/AML responsibility, especially designated BSA officers and staff, senior management, security/risk managers, compliance officers, auditors, legal counsel, and trainers.
If you are having issues with registering online, please contact CBAO's Education & Training Coordinator, Lianne Simeone, (614) 610-1877.