ACAMS Spotlight: Mastering Treasury’s New Customer Due Diligence Final Rule

  • When: May 13, 2016
  • Time: 12:00 – 1:00 PM ET
  • Level: All

The U.S. Treasury Department last week released a long awaited final rule that formally requires financial institutions to collect beneficial ownership information from customers at account opening and to ensure the information is accurate on an ongoing basis.

Framed as an enhancement to existing customer due diligence responsibilities financial institutions must meet, the rule will necessitate new policies and procedures and the creation of new recordkeeping capabilities.

This webinar features the key figures in the financial transparency discussion and will provide a timely analysis of the rule’s requirements, practical compliance strategies, and how the U.S. rule fits into the growing global controversy surrounding financial transparency.

Learning Objectives

  • Outlining how to implement the beneficial ownership thresholds
  • Detailing new identity verification standards to adjust onboarding policies
  • Developing and updating risk-based customer profiles to perform ongoing monitoring

Who Should Attend

  • AML Officers
  • Risk Managers
  • Onboarding Personnel
  • Industry Consultants
  • Legal Advisors

Region/Industries

  • North America
  • Banking
  • Securities

Moderator

John J. Byrne
  • John J. Byrne, Esq., CAMS

  • Executive Vice President
  • Association of Certified Anti-Money Laundering Specialists (ACAMS)

Speakers

Kieran Beer
  • Kieran Beer, CAMS

  • Editor-in –Chief
  • ACAMS moneylaundering.com

Chip Poncy
  • Chip Poncy

  • President and Co-Founder
  • Financial Integrity Network

Sarah K. Runge
  • Sarah K. Runge

  • Director, Office of Strategic Policy
  • Terrorist Financing and Financial Crimes
  • United States Department of the Treasury

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