Complimentary webinar, presented by BAE Systems
The surge of financial crime continues to rise, bringing the issue of beneficial ownership to the forefront for financial institutions and compliance professionals.
Beneficial ownership is a key part of the AML spectrum. It has become a more prevalent issue as increasingly convoluted operating channels mean that today’s financial institutions struggle to define who their customer is and how transactions are being closed. With new US regulations looming in May 2018, properly managing beneficial ownership and customer due diligence has never been more important.
In this webinar, Meghan Palanza, BAE Systems’ lead business consultant, provides guidance on what these regulations mean to your organization, and how you can best prepare to meet stricter guidelines and reduce your organizational risk.
The presentation will cover:
- Why the regulations were introduced and the purpose of the changes
- What institutions have to do, what’s recommended for you to do, and what can help enhance your current AML compliance obligations
- How you can meet the challenge of defining and evaluating beneficial owners
Meghan Palanza, Lead Business Consultant, BAE Systems
This webinar is eligible for 1 CFCS credit. A recording and slide deck will be available to ACFCS members within three business days of the presentation. Certificates of participation are available on request to ACFCS members.