Talent
Description
OVERVIEW
FinCEN has issued substantial new AML requirements focused on a major expansion of Know Your Customer into what is now Customer Due Diligence, CDD. It goes far beyond knowledge of the Customer Legal Entity to the Beneficial Owner of that entity and its Controlling Persons. It is focused beyond the initial customer acceptance step, requiring updating and ongoing monitoring against baseline “normal” activity for the customer type. It is very unlikely that many banks already comply with these requirements. Full compliance implementation is required starting May 11, 2018. WHY SHOULD YOU ATTEND
The new rulesgo far beyond knowledge of the Customer Legal Entity to the Beneficial Owner of that entity and its Controlling Persons. It is focused beyond the initial customer acceptance step, requiring updating and ongoing monitoring against baseline “normal” activity for the customer type. It is very unlikely that many banks already comply with these requirements. Full compliance implementation is required and starts May 11, 2018. AREAS COVERED
LEARNING OBJECTIVES
Learn about the FenCIN requirements announced in 2017 and to be fully implemented second quarter of 2018. They are extensive Customer Due Diligence and involve research into entities few banks currently document fully. WHO WILL BENEFIT
Banking, Brokerage, or any Financial Services company which have AML requirements.
For more detail please click on this below link:
Email: support@trainingdoyens.com
Toll Free: +1-888-300-8494
Tel: +1-720-996-1616
Fax: +1-888-909-1882
|
Presented By
1:00pm to 3:00pm
Live Webinar: $199.00 50 +1-720-996-1616 UPCOMING EVENTS
PAST EVENTS
Thursday, June 14th
Training Doyens 26468 E Walker Dr Past Event
Thursday, June 14th
Training Doyens 26468 E Walker Dr, Aurora, Colorado 80016 Past Event
Thursday, June 14th
Training Doyens 26468 E Walker Dr Past Event
|