FinCEN's recent release of its most comprehensive AML regulations since 2001 has created the new de facto global standard around identification of beneficial owners. In our final AML Webinar series of 2016 we will explore the impacts these regulations will have on financial services organizations and help you understand the keys to successfully navigating today's beneficial ownership landscape.
key 1: understand requirements in a global context
key 2: Learn what your peers are doing to prepare
key 3: Make a work plan and execute
Watch Replay Here Join NICE Actimize and Andy Schmidt of CEBTower Group as we help you understand the scope of the FinCEn’s recent requirements and how they compare to other global requirements. We’ll also discuss the impact on onboarding processes, where we see this regulatory trend going in the future, and increased efficiencies as a result of these compliance insights.
Watch Replay Here NICE Actimize’s 2016 CDD Market Survey sought to identify the current challenges in the CDD/KYC space, and more specifically to explore strategy and progress with regards to beneficial ownership. Presenting the survey results from over 300 respondents representing multiple geographies and institution types, this session will highlight the recommendations and best practices gathered from this survey of your peers.
With understanding of the requirements and best practices surrounding beneficial ownership comes the need to do something about it at the organizational level. Join NICE Actimize as we seek to help you kick start your work plan and consider next steps such as data capture during onboarding, reliance on the front versus back office for data enrichment, strategies for keeping information up to date and some of the best ways to visualize beneficial ownership structures.