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Webinar Event: Join AML and KYC experts to discuss the FinCEN Final Rule for AML

Industry experts Ben Marsh, CEO iMeta, and Pino Vallejo, Managing Partner Sionic, will be hosting a webinar on 17 November 12pm Eastern Time, to discuss the FinCen Final Rule for AML requirements for State Regulated Banks.

FinCEN (Financial Crimes Enforcement Network) has issued a final rule requiring minimum standards for AML obligations under the Bank Secrecy Act (BSA) for banks lacking a federal functional regulator.

All non-FFR institutions are now subject to the same rules as FDIC-insured depository institutions.

As of November 16, firms will have just 180 days to comply.

Those affected are institutions that are not overseen by a federal functional regulator, including private banks, non-federally insured credit unions and non-depository trust companies.

At the event, attendees will learn more about the upcoming regulations and will gain further insight to assist with compliance:

  • Understand the applicability of this new rule in your institution and current CIP and AML processes
  • Understand the impact on your beneficial ownership structures and requirements
  • Discover how to verify the identity of each new customer on the most efficient manner
  • Discuss how to reduce client outreach
  • Discover how to streamline and STP your onboarding process as much as possible
  • To attend this event, please visit: Webinar Event