Beneficial Ownership: Where Are We Now?
It should be easy to comply with beneficial ownership, but it is not. Unknown challenges and issues have emerged as we live in our first year with the regulation. So where are we now? What issues to we still need to resolve? Two sets of FAQs, Exam procedures and the regulation itself have created more confusion as we try to comply with all the information.
Webinar Description and Intended Audience
It should be easy to comply with beneficial ownership, but it is not. Unknown challenges and issues have emerged as we live in our first year with the regulation. So where are we now? What issues to we still need to resolve? Two sets of FAQs, Exam procedures and the regulation itself have created more confusion as we try to comply with all the information. This program will point out common errors and the still unresolved and unanswered questions for beneficial ownership.
- Common errors on beneficial ownership form
- Issues with nonprofit organizations and shared tax identification numbers
- Sweep Accounts—repos and CEDARs programs
- CD renewals – not as easy as you think
- Who is in and who is out
- Examination issues
- Date the account was opened issues
- And much much more…
Who Should Attend?
BSA Officers, Compliance Officers, Deposit and Loan Operations, Branch Administration and Training.
Webinar Viewing Options
INCLUDES 7 DAYS OF UNLIMITED ONDEMAND PLAYBACK! With this option, you will participate in the webinar live, via the internet. You will login to the webinar on your PC to view the PowerPoint presentation, and you have the option of using your PC speakers or a telephone for the audio. You can type and send your questions to the instructor. Many companies are now running their PC through an LCD projector allowing many employees to participate at the same time. And don’t worry if you miss the webinar, you can still view it for up to seven days after it takes place!
SIX MONTH ONDEMAND VIDEO:
With this option, you will receive an e-mail that contains a link to the PowerPoint slides (to download, print, and copy) as well as a link to the media player where you will view and hear the entire webinar just as it was delivered, featuring the full-color PowerPoint presentation with audio. You can pause, fast-forward and rewind as needed, which makes it a very effective training tool. The OnDemand Video will be available to you (and anyone else in the company) for six months and can be accessed 24/7 as many times as you wish. Delivered via e-mail the day after the webinar takes place.
If you do not have internet access or want to make the webinar part of your training library, the CD-ROM Recording is a great option for viewing a webinar. You can pause, fast-forward and rewind as needed, which makes it an effective training tool. With this option, you will receive a download of any applicable handouts and a CD-ROM (featuring the full-color PowerPoint presentation with audio) via regular mail. Mailed 7 to 10 days after the webinar takes place.
Webinars can be scheduled and offered exclusively for your company. They can even be customized to best fit your needs. To find out more, please complete the in-house request form found in the Schedule and Registration Information section below.
Continuing Education (CE) Credits
This webinar is recommended for 2.5 CE Credit Hours. Each attendee will receive a Certificate of Attendance for self-reporting of CE Credits.