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BSA/AML & Customer Due Diligence

Be sure to JOIN US for our webinar, “Customer Due Diligence Programs & Beneficial Owners” 

In our December 2021 Monthly Connection, we discussed the FFIEC’s December 1, 2021, updates to the BSA/AML Examination Manual.  While the updates weren’t major, they did reinforce the idea that certain types of customers (or categories of customers) are not automatically high risk.  Any designation as such should be based on that specific customer relationship.  This, in turn, shines a light on the need for adequate customer due diligence (CDD) procedures both upfront and that are ongoing throughout the relationship.

Diane explains more in the video.

TWO HOUR TRAINING

  • The Latest Guidance & Updates!
  • Customer Due Diligence Program Requirements
  • Exam Manual Update and Understanding “ML/TF Risk”
  • Performing & Documenting Customer Due Diligence
  • Enhanced Due Diligence for Higher Risk Customers
  • Identifying & Verifying Beneficial Owners of Legal Entity Customers
  • Specific BSA/AML Regulatory Expectations
  • Record Retention & Much More! 

Designed for BSA officers, management, compliance officers, auditors and other risk management, operations personnel and the frontline.

(2.5 Continuing Education credit hours)

PRESENTERS LIVE ON VIDEO!

NO CHARGE FOR ADDITIONAL LOCATIONS!

Published
2022/01/28

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