Dissecting Beneficial Ownership Access: Final Part II Regulation & Compliance Guide

Compliance Frontline & New Accounts IRA & HSA Lending Operations Senior Management & Directors Bank Secrecy Act (BSA)Deposit Account Compliance Managers & Supervisors

On-Demand Webinar:

StreamedJun 3, 2024Duration90 minutes

Unlimited & shareable access starting two business days after live stream
Available on desktop, mobile & tablet devices 24/7
Take-away toolkit
Ability to download webinar video
Presenter's contact info for questions

See Registration Options

The new regulations regarding beneficial ownership are being released in parts.

This webinar is your opportunity to learn all about Part II and how it applies to companies, their owners, and applicants. Now is a good time to ensure smooth implementation and compliance.

AFTER THIS WEBINAR YOU’LL BE ABLE TO:

Understand authorized use of beneficial ownership information in your institution
Identify the limits on redisclosure of information
Break down security and confidentiality requirements
Explain the requirements for foreign requests for information
Gain accountholder consent
Set procedures for FinCEN certification
Avoid the high cost of violating these requirements

WEBINAR DETAILS

The Part II Access Rule, issued on December 22, 2023, implements the provisions of the Corporate Transparency Act (CTA), codified at 31 U.S.C. 5336, that authorize certain persons to obtain access to identifying information associated with reporting companies, their beneficial owners, and company applicants. This program will dissect this second piece of the implementation of the BSA beneficial ownership regulations. At the time of this writing, Part III, the rule for financial institutions, has not been issued.

WHO SHOULD ATTEND?

This informative session is best suited for BSA officers, BSA staff, deposit operations professionals, loan operations personnel, compliance staff, trainers, and management.

TAKE-AWAY TOOLKIT

BOI handbook with sample policy
Employee training log
Interactive quiz
PDF of slides and speaker’s contact info for follow-up questions
Attendance certificate provided to self-report CE credits

NOTE: All materials are subject to copyright. Transmission, retransmission, or republishing of any webinar to other institutions or those not employed by your institution is prohibited. Print materials may be copied for eligible participants only.