Emerging Technology Related To E-Signatures, E-Verification, And E-Cdd

Presented By 247compliance

Thursday, August 29th at 1:00pm EST

Online sale ends: 08/29/19 at 12:00pm EST

247compliance

2035 Sunset Lake, RoadSuite B-2, Newark, Delaware - 19702

newark, DE 19702

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Talent

Thomas Nollner

Description

OVERVIEW

In recent years the increased use of electronic means to obtain customer signatures, to conduct verifications of customer information, and to conduct overall customer due diligence has posed problems for financial institutions to fully comply with KYC, CDD/EDD requirements. This webinar will discuss methods of using electronic means for these activities and will discuss up-to-date guidance provided by FinCEN and financial regulators in the use of electronic platforms for these processes. As electronic technology increases in the financial sector, staff and employees of financial institutions must be aware of the methods of electronic information gathering, and the risks associated with this type of information gathering.

LEARNING OBJECTIVES

An overview of FinCEN and regulatory requirements and guidance related to electronic information gathering.
Defining exactly what constitutes an E-Signature, and E-Verification, and E-CDD/EDD.
Common mistake financial institutions make related to electronic information gathering.
Internal controls needed to ensure that electronic information gathering complies with AML/CFT laws and regulations.
Needed additions to KYC and CDD/EDD policies, procedures, and practices to improve current bank guidance.
Regulatory expectations for compliance with electronic information gathering.

WHY SHOULD YOU ATTEND

Financial institutions need to be aware of the latest trends in emerging technology related to electronic information gathering. This presentation will allow attendees to obtain background information of how this new technology affects KYC and CDD/EDD information gathering and verification, it will explain to attendees how this new technology is constantly changing, and the presentation will provide attendees with the latest guidance and information from financial regulators and FinCEN.

AREAS COVERED

FinCEN regulations and guidelines related to electronic information gathering.
FFIEC and other regulatory requirements and guidance.
Items to include in your electronic information gathering policies, procedures, and practices.
Current industry standards and business norms related to electronic information gathering.
Recent enforcement actions related to weak programs and practices.
Proposed future issues related to electronic information gathering.

WHO WILL BENEFIT?

Front line BSA/AML staff
Account opening/customer service staff
BSA/AML Officers
Compliance Officers
BSA/AML Audit staff
Suspicious Activity information review staff, investigators, and SAR decision makers
Risk Managers

SPEAKER

Tom Nollner has over 35 years of experience in the banking regulatory field. His experience includes 30 years as a National Bank Examiner for the Office of the Comptroller of the Currency, United States Treasury and 5 years as an international banking consultant. He has a proven track record in assisting financial institutions regarding capital adequacy, asset quality, management issues, earnings concerns, and liquidity. In addition, Tom is a consumer specialist focusing on developing and instituting risk management processes, and in implementing anti-money laundering related programs and policies.

For more detail please click on this below link:

http://bit.ly/2zbQp10

Email: support@247compliance.com

Tel: +1-(510)-868-1040

Presented By

Time

1:00pm to 2:00pm
Doors open at 1:00pm

Price

General Admission: $199.00

Age

All Ages

Venue

247compliance<br> 2035 Sunset Lake, RoadSuite B-2, Newark, Delaware - 19702<br> newark, 19702

Info Line

+1-(510)-868-1040