Beneficial Ownership Outreach Toolkit Action Steps
On-Demand Webinar:
StreamedNov 15, 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
Tick tock! The beneficial ownership clock is ticking for business accountholders.
The deadline is looming and if
your existing business accountholders are not registered by January 1, 2025,
the fine is $500 per day, up to $10,000 per instance. Join this well-timed
webinar to get expert insight on using FinCEN’s new toolkit to get businesses
registered and avoid significant losses.
AFTER THIS
WEBINAR YOU’LL BE ABLE TO:
- Develop an action plan for notifying business accountholders
- Explain the features of the registration process
- Obtain exact verbiage for your social media and emails
- Update your information on beneficial ownership
- Identify the fines for accountholders who don’t register
- Understand the notice of what financial institutions are still required to do versus the federal registration and rules
WEBINAR DETAILS
As you might expect, the CDD rule is still not out
at the time of this printing. BUT - and it is a big BUT - FinCEN has issued a
toolkit for emails and social media examples to let businesses know what is happening.
Many financial institutions have had concerns about liability for notifying
accountholders of upcoming registrations and this should alleviate that
concern. With FinCEN’s toolkit and verbiage, you can compliantly convey
everything businesses need to know about the changes. This program will provide
an update on beneficial ownership and help you develop an action plan for
December.
WHO SHOULD ATTEND?
This timely webinar will
benefit BSA officers and staff, compliance personnel, marketing professionals,
trainers, deposit and loan operations staff, and management.
TAKE-AWAY TOOLKIT
- BOI handbook
- Action plan
- 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.
Presented By
Gettechnical Inc.
© 2024 FINANCIAL EDUCATION & DEVELOPMENT, INC