In 2021, Congress passed the Corporate Transparency Act, which requires companies to report their beneficial ownership information (BOI) directly to the Financial Crimes Enforcement Network (FinCEN). Since that law was passed, FinCEN has issued multiple rulemakings to enact the law’s requirements – including discussing which information must be reported to FinCEN and how credit unions and other financial institutions can access that information from FinCEN’s database. In this webinar, Understanding the New Beneficial OwnershipRules, you’ll explore these recent rulemakings and how they affect Bank Secrecy Act (BSA) compliance for credit unions.
Key Takeaways
- Learn what information FinCEN will be collecting from reporting companies
- Determine how a credit union can access information that has been provided to FinCEN
- Discover the uses of BOI obtained from FinCEN
- Look ahead at what other updates could be coming from FinCEN
$295 Members | $395 Nonmembers
(Additional $50 for USB)
One registration gives your entire team access to the live webinar and on-demand recording until March 1, 2025
Go to the Online Training Center to access the webinar after purchase »
Who Should Attend
- NCBSOs
- NCCOs
- BSA and compliance
Education Credits
- NCCOs will receive 0.5 CEUs for participating in this webinar
- NCBSOs will recieve 0.5 CEUs for participating in this webinar
About Our Webinars
Our webinars are streamed live from NAFCU headquarters near Washington, DC. Your audio/video feed of the presenters includes presentation slides and downloadable handouts. You can easily submit your questions to the presenters at any time during the live broadcast, with no dialing over the phone! The audio and video stream directly through your computer.
Presented By
Director of Regulatory Compliance, America's Credit Unions