This training session provides a complete update on Customer Due Diligence (CDD).

We'll look at exam issues, new and/or proposed rules, and all the information you should gather at the beginning of the relationship and throughout the relationship.

You'll also receive a sample policy, procedures, and more to build a complete due diligence program.

Covered Topics:

• Writing your policy on Customer Due Diligence
• Developing your procedures on Customer Due Diligence
• Who is a beneficial owner? Are there exemptions?
• What is a legal entity?
• What do we have to do on trusts, IOLTAs, nonprofits etc?
• What kind of documentation and information should we acquire on beneficial owners?
• What times of information should be gathered on consumer and business accounts for due diligence?
• What is meant by purpose of account, source of funds, source of wealth?

Who Should Attend:

BSA Officers, BSA staff, deposit operations, compliance, security, training and sales.

About The Presenter:

Deborah Crawford is the President of gettechnical inc. She specializes in compliance and regulations for the deposit side of financial institutions. Her 20+ year career in banking and training began at Hibernia National Bank.

She has been a seminar leader for many state associations and credit union groups across the nation. She has Bachelors and Masters degrees from Louisiana State University.