Webinar: Countdown to New Beneficial Ownership Rules: Effective January 1, 2024
September 13, 2023 11:00 am - 12:30 pm
Beneficial ownership and BSA go hand in hand.
The new beneficial ownership rules will have a big impact on business accounts, among other things. Are you ready for the January 1, 2024, changes? Do you know how they will impact your processes and procedures? Popular presenter Debbie Crawford will provide unique, comprehensive insight. This is a must-attend program!
AFTER THIS WEBINAR YOU’LL BE ABLE TO:
- Understand what accountholders must do and know before January 1, 2024
- Describe key definitions
- Explain who is in and who is out for beneficial ownership
- Ascertain what a reporting company is
- Identify who a beneficial owner is and the new exemptions
- Determine who will have access and how the database will be accessed
- Rewrite policy, procedures, and processes
WEBINAR DETAILS
It’s game time for beneficial ownership! What do we know? What do we have to change? What do we have to do to get ready for this new regulation? This program will look at what needs to be done. It won’t be business as usual for beneficial ownership. The new database, Beneficial Ownership Secure System (BOSS), will open January 1, 2024. Get ready for this important BSA development for business accounts.
WHO SHOULD ATTEND?
This informative session is designed for BSA officers, BSA staff, branch administration, loan administration, compliance staff, senior management, and trainers.
TAKE-AWAY TOOLKIT
- Beneficial ownership handbook of all the regulations and discussion in the Federal Register
- Employee training log
- Interactive quiz
- PDF of slides and speaker’s contact info for follow-up questions
- Attendance certificate provided to self-report CE credits
Speaker: Deborah Crawford, Gettechnical Inc.
Deborah Crawford is the President of Gettechnical Inc., a Florida-based firm, specializing in the education of financial institutions across the nation. Her 30+ years of experience began at Hibernia National Bank in New Orleans. She graduated from Louisiana State University with both her bachelor’s and master’s degrees.
Debbie specializes in the education of financial institution employees and officers in the areas of deposit account laws, new account documentation, insurance, complex compliance regulations, and IRAs.