Navigating Beneficial Ownership and Financial Transparency

 

May 2014 Member Webinar - Global Financial Crime Networks Create New Crime Paradigm

 

Originally offered October 24, 2016 | 2:00 p.m. EDT  
Webinar Duration: 60 Minutes  |  Course Level: Basic 
Field of Study: Specialized Knowledge

Recommended Prerequisite: None                                                                                                                                                                                                        
Advanced Preparation: None  |  CPE Credit: 1

Did you know that by May 11, 2018, financial institutions are required to comply with the Financial Crimes Enforcement Network’s (FinCEN) new Beneficial Ownership Rule? FinCEN finalized its proposed ruling requiring banks and other financial institutions to identify and verify the identity of beneficial owners behind legal entity customers. Learn more about implementing this new rule and other global initiatives to advance financial transparency.

 

In this webinar you will learn how to:

  • Identify globally the growing controversy and discontent surrounding lack of financial transparency, and proposed solutions to advance reform.
  • Recall the nuts and bolts of the U.S. Treasury's recently released CDD rule, including new beneficial ownership requirements intended to tackle financial transparency, and challenges to implementation.
  • Discern the new world of verifying shell corporations, using public record tools and other best practices.                                                                                                                                                      
     
                                                                              
Speaker

Jen Dunham

Ann Stefano
Public Records Product Specialist
Thomson Reuters

Read Bio


 

Sponsored by Thomson Reuters                                                                                                                                                          

Highly regulated firms rely on Thomson Reuters to identify the hidden risk of doing business with a customer or third party and protect against regulatory & reputational risk. We provide Know Your Customer (KYC) and Know Your Third Party (KY3P) customer identification solutions for any market or organization -- as well as capabilities for client on-boarding, screening software, enhanced due diligence and transaction monitoring – leveraging leading products such as CLEAR and World-Check.

 

Information you provide during the registration of this webinar will be provided to the sponsor, Thomson Reuters, and may be used to send you information, special offers or promotions from Thomson Reuters.