BSA & Beneficial Ownership Update for Your Business Customers
If it’s hard to keep up with the evolving beneficial ownership rules, this thorough review will explain everything you need to know regarding your business customers. Join us for an insightful update that will also cover BSA/AML priorities for 2025.
AFTER THIS WEBINAR YOU’LL BE ABLE TO:
- Update your BSA policies for the new interim final rule for foreign businesses to register with the federal government
- Keep all current certification of beneficial ownership for domestic companies
- Prepare for changes to your AML program and risk assessments
- Recognize pitfalls in your BSA/AML program from consent orders
- Use BSA referral forms to get staff engaged in reporting red flags
- Identify FinCEN’s national priorities
- Spotlight check fraud, elder financial exploitation, and cyber crimes
- Review new FAQs for southwest border guidance
- Understand the change on using reputation risk for regulators in discouraging types of accounts
WEBINAR DETAILS
A comprehensive update on BSA/AML and beneficial ownership, this program will unpack all the critical BSA issues for 2025. It will update you on beneficial ownership and the changing landscape of this federal program which now only requires foreign businesses owners to register their companies. You will get a look at the AML rule, its status, and some of the BSA/AML examination hot spots for 2025. Join us to learn how to get your staff engaged in finding financial crimes or red flags for money laundering to help your institution fight the criminal element.
WHO SHOULD ATTEND?
This informative session will benefit BSA/AML officers and staff.
