Included Webinars

BSA Customer Due Diligence and Enhanced Due Diligence Part 1: Building a Customer Due Diligence Questionnaire - CDD and EDD

BSA Customer Due Diligence and Enhanced Due Diligence Part 2: High Risk Customers - Establishing and Changing Risk Ratings

BSA Customer Due Diligence and Enhanced Due Diligence Part 1: Building a Customer Due Diligence Questionnaire - CDD and EDD

August 13, 2024 | 11:00 am - 1:00 pm EST

In May 2016, we received the Customer Due Diligence regulations including beneficial ownership. In part 1 of the program we will focus on what has been called the fifth pillar of BSA - Customer Due Diligence and building a CDD questionnaire.

What You'll Learn:

• Developing baseline questions
  
• Purpose and source questions
  
• Transactional questions
  
• International questions
  
• Consumer and Entity Accounts
  
• Learn to tie the questions to the monitoring system
  
• Making the new account interview fluid
  
• Completing Customer Identification Programs
  
• Other compliance tasks that must be completed
  
• Using the interview or questionnaire to prevent identity theft
  
• Basic communication skills
  
• Checking OFAC

BSA Customer Due Diligence and Enhanced Due Diligence Part 2: High Risk Customers - Establishing and Changing Risk Ratings

August 20, 2024 | 11:00 am - 1:00 pm EST
During this program, we will cover the BSA risk issues with opening certain types of customer accounts, including high-risk customers and establishing and changing risk ratings.

What You'll Learn:

• Hemp-related questions
  
• Marijuana-related questions
  
• Third-party payment processors
  
• Casinos
  
• Nonresident alien accounts
  
• Politically exposed customers
  
• Cash-intensive businesses
  
• Accounts with international transactions
  
• Money service businesses
  
• Virtual asset service providers