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,
CAMS,
Head of Data Privacy Officer, Compliance and Privacy Officer,
Federal Reserve Bank of New York
Speaker(s):
- Marilú
Jiménez,
Esq., CAMS,
Founder and President,
Financial Intelligence Network & Compliance Advisors (FINCAdvisors)
- Elizabeth
L. Slim,
CAMS,
First Vice President, Regulatory Trainer,
Commonwealth Business Bank
- Anthony
J. Tricaso,
CAMS,
Senior Vice President, BSA Officer,
Axos Bank
- William
J. Voorhees,
CAMS,
Senior Vice President, BSA/AML Financial Intelligence Unit Manager,
BB&T, Now TRUIST
