Beneficial Ownership – E3

Course Description

This course explores the requirements of the customer due diligence rule (CDD Rule) issued by the Financial Crimes Enforcement Network (FinCEN) and explains the rule, the concept of legal entity owners, and how to identify and document beneficial owners.

30 Minutes

Series: Lending Compliance for Banks, Lending Compliance for Credit Unions

Roles: Asset Management, Board of Directors, Commercial, Compliance - External Audit, Compliance - Internal Audit, Human Resources, Mortgage Professionals, Operations & IT, Retail, Wholesale Banking

Course Format: E3

Package: Breakthrough, Expansion

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