CDD Update: New FinCEN FAQs & COVID’s Daily Practical Challenges

Sometimes regulations are so confusing that they require official clarification. This is a great opportunity to delve into FinCEN’s new CDD FAQs to get the latest scoop about new accounts, risk profiles, and ongoing monitoring. Also, are COVID restrictions masking your ability to identify accountholders? Learn more about dealing with daily practical challenges.

AFTER THIS WEBINAR YOU’LL BE ABLE TO:

• Understand the account opening flexibility detailed in FinCEN’s new FAQs
• Employ follow-up procedures for when activity is outside of the norm
• Initiate event-triggered account reviews to ensure beneficial ownership and risk profile information is current and conforms to regulatory standards
• Audit your CDD program in preparation for your next exam
• Identify potential COVID-19 related scams and fraud

For more information or to register CLICK HERE