Training Course
Syllabus:
Analyzing Implementation Concerns and Challenges of the CDD Final Rule Webinar
Objectives of the Presentation
Adapting current customer and beneficial ownership identification procedures to suit the Final Rule Understanding the shifting relationship and the included participants in the changing regulatory world On-boarding and customer relationship training in identifying and collecting relevant data Developing robust oversight of beneficial ownership and CDD to improve client transparency Formulating an integration plan for the new requirements and training relevant departments Validating and testing the amended and developed procedures and addresses shortfalls and potential weaknesses
Why Should you Attend
Complying by the mandatory deadline with the U.S. Treasury´s Final Rule on Beneficial Ownership, effective May 11, 2018, is a top priority for financial institutions. The added CDD obligations in the final rules are a challenge to many compliance professionals who must begin collecting additional customer information and maintaining current account relationships. This essential webinar will provide up-to-date, critical compliance information to prepare your institution for the implementation of the CDD requirements. Areas Covered
The new rule and obligations under it Developing identifying procedures and policies for compliance with the amended rule Exemptions to the new rule How to integrate the new rule into existing procedures Onboarding procedures and training Data collection, validation and review Validation and testing of the new rule |