Description

• Accessing publicly available databases to verify new-account UBOs and assign risk ratings
• Conducting enhanced due diligence on high-risk clients to attain UBO clarity, determine account monitoring needs and meet FinCEN’s final CDD rule
• Performing periodic reviews to determine changes in UBO or entity structure, verify and update data files, and ensure oversight incorporate applicable regulatory changes

Moderator(s):

• Roy D’sa, CAMS , Executive Vice President, Chief BSA Officer, The Huntington National Bank

Speaker(s):

• Jeremy Kuester, Deputy Associate Director, Policy Division, Financial Crimes Enforcement Network (FINCEN)
• Jeff Nelson, Managing Director of Financial Crimes & Compliance, Pitney Bowes
• William J. Voorhees, MFA, C.F.E., CAMS, Senior Vice President, BSA/AML Financial Intelligence Unit Manager, BB&T