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.
The Beneficial Ownership Update: Where Are We Now? has been approved for 2 CAMS credits. Credits are redeemable for Live attendance only. Users must connect to the streaming individually and enter their name and email for reporting purposes. Accreditation is valid for one year from the date of the event. To receive a certificate, email Streaming@OnCourseLearning.com.
Who Should Attend
Compliance, BSA, Deposit Operations, New Accounts, Personal Bankers, Loan Officers, Branch Staff and Training.
Continuing Education Credit Information
Beneficial Ownership Update: Where Are We Now? has been approved for 2 CAMS credits. Credits are redeemable for Live attendance only. Credit is for Live attendance only. Accreditation is valid for one year from the date of the event. For questions on certificates, please email email@example.com.