A line-by-line look at the new AML Act of 2020 passed in 2021 beneficial ownership requirements and definitions. We will compare the definitions, the exemptions and the exclusions in the two sets of laws. Our new regulations based on this act should be released in early 2022. But we will look at the two side by side today to see what changes could be in store for us.
Plus, you still have to comply with current rules on beneficial ownership till the regulations are released to match the AML Act of 2020. So we will take a look at some of the problem areas in the current environment.
Areas Covered in the Webinar:
What you will receive:
Who Will Benefit:
Compliance, BSA, Deposit Operations, New Accounts, Personal Bankers, Loan Officers, Branch Staff and Training.
Physical CD-DVD of recorded session will be despatched after 72 hrs on completion of payment
Recorded video session