Beneficial Ownership Determination and Customer Due Diligence

6 years ago Posted By : User Ref No: WURUR16964 0
  • Image
  • TypeWebinar
  • Image
  • Location Denver, Colorado, United States
  • Price
  • Date 08-02-2018
Beneficial Ownership Determination and Customer Due Diligence, Denver, Colorado, United States
Webinar Title
Beneficial Ownership Determination and Customer Due Diligence
Event Type
Webinar
Webinar Date
08-02-2018
Last Date for Applying
08-02-2018
Location
Denver, Colorado, United States
Organization Name / Organize By
Training Doyens
Organizing/Related Departments
Training Doyens
Organization Type
Organization/Company
WebinarCategory
Both (Technical & Non Technical)
WebinarLevel
All (State/Province/Region, National & International)
Related Industries

Education/Teaching/Training/Development

Finance

Accounting/Financial/Banking/Insurance

Location
Denver, Colorado, United States

OVERVIEW

The rise of anonymous companies has frustrated the efforts of law enforcement and financial regulators to track down illicit financial flows and to prevent crime and corruption. In response, there has been a worldwide effort to increase transparency of ownership and controlling interests in legal entities. It is now incumbent as part of the due diligence process that a company, especially financial institutions, know who really owns or controls legal entities not in their own name. Substantial penalties can apply for violations of these new regulations.

WHY SHOULD YOU ATTEND

As the internet has resulted in an increasing speed at which funds can be transferred, it is now more than ever essential to know who is in real control or ownership of legal entities. Such information is a requisite towards assigning responsibility or legal liability for contractual matters, taxes, and for recourse in the event of illegalities.

Legislation has been pending or adopted in many jurisdictions mandating the verification of beneficial ownership as part of a business’s due diligence process. Failure to follow these requirements can result in drastic penalties to the offender.

The webinar will examine how a business’s due diligence process can identify and verify beneficial ownership and how a company can protect itself against regulatory and legal violations.

AREAS COVERED

  • Due diligence
  • Customer Identification/Know Your Customer
  • Risk Management
  • Methods and information resources to establish beneficial ownership
  • Identifying key areas of risk
  • Developing a sound beneficial ownership/due diligence policy
  • Implementing the policy throughout the organization
  • What happens when “something goes wrong”
  • Verification and audit of beneficial ownership/due diligence policy and program

LEARNING OBJECTIVES

The course will expose the learner to the basic requirements of beneficial ownership as part of a customer due diligence program, the importance of a company complying with the law, and various steps a business can take to help it comply with these requirements.

WHO WILL BENEFIT

  • Legal staff
  • Upper management
  • Financial and accounting staff
  • Sales and contract managers
  • Risk/Compliance Officers

For more detail please click on this below link:

https://goo.gl/uLZz8D

Email: [email protected]

Toll Free: +1-888-300-8494

Tel: +1-720-996-1616

Fax: +1-888-909-1882

Others Details

Learn how to verify beneficial ownership and its basic requirements. The webinar also illustrates why is it important for a business to comply with the law regarding this.

Registration Fees
Available
Registration Fees Details
Live Session for one participant $199 Corporate Live Session Group – Max 10 Participants from one location. $549 Recorded Session Get unlimited access to audio recording of the webinar for 6 months. $219 Training CD MP3 files, PDF presentation and reference manual will be delivered on a CD $399 Super Combo Offer 1 Live and Recorded webinar $329 Super Combo Offer 2 Live and Training CD $479
Registration Ways
Email
Phone
Website
Other
Address/Venue
  Online  Pin/Zip Code : 80016
Landmark
Colorado
Official Email ID
Contact
Training Doyens

26468 E Walker Dr, Aurora, Colorado 80016-6104

[email protected]

   7209961616      7209961616
   Fax No: 7209961616