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
Speaker(s):
Roy
D'sa,
CAMS,
Executive Vice President, Chief BSA Officer,
Huntington National Bank
