Description

• Utilizing CDD review to determine when EDD is required based on factors such as jurisdictional risks, entity client base, ownership structure and transaction activity patterns

• Developing checklist of EDD goals such as beneficial ownership determination and processes such as negative news searches to secure data relevant to risk-based assessment

• Informing senior management regularly to review risk profile changes, responsive EDD and monitoring measures, and gain consensus on account exiting or continuation decisions

Moderator(s):

• Marina Adams, AVP Compliance & Privacy Officer, Federal Reserve Bank of NY

Speaker(s):

• Marilu Jimenez, Esq., CAMS, President, Financial Intelligence Network & Compliance Advisors
• Elizabeth Slim, FVP, Regulatory Trainer, , Commonwealth Business Bank
• Anthony J. Tricaso, CAMS , Senior Vice President, BSA Officer, First Foundation Bank
• William J. Voorhees, MFA, C.F.E., CAMS, Senior Vice President, BSA/AML Financial Intelligence Unit Manager, BB&T