We will discuss the new beneficial ownership rule. The rule describes who must file a BOI report, what information must be reported, and when a report is due. Specifically, the rule requires reporting companies to file reports with FinCEN that identify two categories of individuals: (1) the beneficial owners of the entity and (2) the company applicants of the entity. Learn more about SARs, advisories and OFAC. It’s been a big year – let’s wrap it up!
What You’ll Learn
- New Beneficial Ownership Rule—writing your policy and procedures
- Marijuana Update
- Working with law enforcement
- Continued discussion about CDD/High-risk customers
- SARs and Cyber Crimes
- OFAC and Russia
- Six chapters of the FFIEC Exam Manual Revised or added
- CIP and CDD Update
Who Should Attend
BSA Officers, BSA Staff, Training, Compliance, Operations, and OFAC staff will benefit from this training.