Today’s BSA/AML Program has a regulatory requirement to comply with four pillars of AML. In May 2018, this new Rule will become effective impacting how financial institutions capture information during the account opening process. The proposed new rule on beneficial ownership adds a fifth pillar requirement that will expand the current customer due diligence program. This webinar will review the new requirement, provide practical methods for complying and provide best business practices for training your front line to obtain the information without adding significant amounts of time to the new account opening process.
This session will cover:
If you are having issues with registering online, please contact CBAO's Education & Training Coordinator, Lianne Simeone, (614) 610-1877.