Writing Business Account Procedures - New CDD Rules

Dec 19, 2017 02:30pm -
Dec 19, 2017 04:30pm
(GMT-5)

Event Description

Implementing new Customer Due Diligence rules will impact your new business accounts procedures. This webinar will give you step-by-step written procedures guidelines and workbook for these new rules. The opening of multi-tiered business accounts and the determination of beneficial ownership and exemptions will be an important part of the new account business account process. Learn from A to Z the best practices for opening business accounts, documenting the authority and changing signers in the new regulatory environment.

Highlights:

  • What authority is need to open every type of business account
  • Why we do what we do in establishing ownership and liability
  • What the resolution does and does not do on business accounts
  • Impact of CIP and CDD from the Bank Secrecy Act on opening accounts
  • Detecting beneficial owners
  • Implementing new procedures for customer due diligence and beneficial owners
  • Changing signatories
  • Multi-tiered LLCs
  • Partnerships with businesses as partners
  • Corporations dba other entities
  • Trusts as owners of businesses

Who Should Attend?

Branch Operations, Deposit Operations, Training, Compliance, New Accounts Representatives and all Branch Personnel.

Registration Options:

If you are having issues with registering online, please contact CBAO's Education & Training Coordinator, Lianne Simeone, (614) 610-1877.


Event Type:Webinar &/or On-Demand Link/CD
Early registration ends on Nov 08, 2017.
Regular registration starts on Nov 09, 2017 and ends on Dec 19, 2017.
Late registration starts on Dec 20, 2017.
(GMT-05:00) Eastern Time (US & Canada)

 

Registration Fees
Fee TypeEarlyRegularLate
 Live Webinar
Member Fee: $265.00$265.00$290.00
Non-Member Fee: $400.00$400.00$425.00
 Additional Hookups
Member Fee: $175.00$175.00$175.00
Non-Member Fee: $260.00$260.00$260.00
 On Demand Link & "FREE" CD Rom
Member Fee: $345.00$345.00$345.00
Non-Member Fee: $490.00$490.00$490.00
 Both Live & On Demand Link (Includes CD Rom)
Member Fee: $395.00$395.00$420.00
Non-Member Fee: $600.00$600.00$625.00