Beneficial Ownership: Where Are We Now?

At the time of this printing, beneficial ownership legislation is in both the house and the senate to centralize beneficial ownership registration with FinCEN. If it passes, we will discuss the transition process and what will be required. If it does not pass, we will look at all the errors and problems we have had implementing beneficial ownership and the examination process. Either way we will update you for beneficial ownership in 2020.

Covered Topics

  • 25 Common Errors
  • Changes since its implementation
  • Renewals, rollovers, and special situations
  • Who is in and who is out today?
  • How the form is being completed incorrectly
  • Navigating the second round of examinations
  • And much more..

Who Should Attend?

Compliance, BSA, Deposit Operations, New Accounts, Personal Bankers, Loan Officers, Branch Staff and Training.