Unpacking New Beneficial Ownership Guidance In-Depth

Webinar Highlights:

• What your accountholder has to know and do
• In-depth look at equity owners who own or control more than 25% of a business
• Detailed review of substantial control persons who directly or indirectly control the reporting business
• Difference between exclusions and exemptions
• Banking regulations status report
• Access to the national database — what is known as of December 18
• Working with accountholders to complete customer due diligence in a transition year
• Policy, procedure, and processes — what you should be working on
• Complete and detailed report on what should be done at year-end

Webinar Details
As beneficial ownership reporting rules approach the January 1, 2024, deadline, what should accountholders know and do for registration on this new system? This webinar will take a comprehensive look at what is known at year-end and what you should be doing to work with your reporting companies as the registration date approaches. Join us for a look at the regulations, the FAQs, the Small Entity Compliance Guide, and any other relevant information available by the date of the webinar (December 18, 2023).

Who Should Attend?
This timely program will benefit BSA officers, BSA staff, branch operations staff, branch administration personnel, senior management, trainers, branch staff, and anyone involved in opening accounts or making loans.

Take-Away Toolkit

• Regulation supplement
• Accountholder action plan
• Business account procedures manual
• 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 agency is prohibited. Print materials may be copied for eligible participants only.

Presenter Bio
Deborah L. Crawford – Gettechnical Inc

Registration Options