Comply with the New U.S. Department of Treasury Financial Reporting Requirements
Recent and upcoming regulatory requirements issued by the U.S. Department of Treasury and major regulatory proposals will affect your financial institution. You will especially be impacted by regulatory and reporting requirements dealing with customer identification and due diligence, beneficial ownership requirements, transactions involving real estate, and other reporting requirements.
This session with financial attorney Kenneth Barden will explore the recent and upcoming regulatory requirements as issued by the U.S. Department of Treasury. With this session, you will be able to inform your financial institution of and prepare to meet major new regulatory requirements and avoid heavy penalties for noncompliance.
Kenneth will primarily focus on those regulatory requirements which address customer identification and due diligence, including beneficial ownership, new emphasis on real estate transactions, and other potentially suspicious financial activities.
This session will cover:
New customer identification and due diligence requirements
Real estate transactions
SAR/STR reporting requirements
Who Should Attend
Banking Management and Directors
Mortgage Lending Divisions of Financial Institutions
In-House Counsel and Compliance Personnel for Mortgage Lenders
Kenneth Barden is a lawyer and an independent consultant for several international development projects, including ones funded by USAID, the MCC, World Bank, UN, Asian Development Bank and others. Ken served as Team Leader for the Indonesia Control of Corruption Project in Indonesia, working on ant...
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