Beneficial Owners: Can We Rely on Existing CIP Information?
We often get the question, “Can we rely on existing CIP information to satisfy the Beneficial Ownership requirements? In short, the answer is yes, but you do have to meet some specific criteria to be able to do so.
Listen to the video as Jerod explains that criteria.
This is just one of many requirements that come into play with the Beneficial Ownership rules.
We want to make sure your Team is up to speed and headed in the right direction with these requirements. Join us on May 2, 2019, for our “Beneficial Owner Due Diligence Requirements” webinar where we will spend one hour spelling out the requirements in plain English!
Published
2019/04/25
Jerod Moyer
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Jerod Moyer
Jerod is the leader of Banker’s Compliance Consulting’s training productions. He is a nationally recognized speaker. Whether it’s a conference, seminar, school, webinar or luncheon, it’s easy to stay engaged when he presents due to the amount of passion and energy he brings to each and every compliance topic. Jerod has spoken on behalf of the American Bankers’ Association, BankersOnline, many state banking associations, private compliance groups and financial institutions. He is a Certified Regulatory Compliance Manager (CRCM) and BankersOnline Guru. Jerod likes to spend his time (between reading regulations and producing compliance training!) relaxing at the lake with his wife and three children, following their activities or engaged in something sports-related!