Understand who we get the form on and how to fill out the form. What information and identification is required on owners and control person?
A to Z of the Certification of Beneficial Ownership and 15 errors that are commonly found in this paperwork. You will receive a New Account and CDD Handbook.
What You’ll Learn
- Who has to complete the beneficial ownership certification?
- What information must be retained and types of identification?
- Loan Renewals, CD renewal, and other ongoing relationships
- What happens when your legal entity adds an account?
- What happens when the owners change on a legal entity?
- What happens if the business sells?
- And much more
Who Should Attend
This session is ideal for new accounts, personal bankers, lenders, training, compliance, management, and BSA.