2020 - Emerging Technology related to E-Signature, E-CDD, and E-Disclosures

OVERVIEW
Learn the latest trends in emerging technology related to electronic information gathering and how this new technology affects KYC and CDD/EDD information gathering and verification. This training will provide attendees with the latest guidance and information from financial regulators and FinCEN.
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
In recent years the increased use of electronic means to obtain customer signatures, to conduct verification 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.
Staff and employees of financial institutions need to be aware of the latest trends in emerging technology related to electronic information gathering, the methods used and the risks associated with this type of information gathering. This presentation will allow attendees to obtain background information on 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 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?
Banks and Money Service Businesses will benefit from this training. The following titles should attend:
Front line BSA/AML staff
Account opening staff
Risk managers
BSA/AML Officers
Compliance Officers
BSA/AML Audit staff
Broker/Dealers
Auditors
BSA/AML Consultants
SAR decision makers
Risk Managers
SPEAKER
Thomas E Nollner has more than 35 years of experience in financial institution supervision and consulting. Mr. Nollner spent 30 years as a National Bank Examiner for the Comptroller of the Currency where he was a safety and soundness examiner and a compliance examiner. As a safety and soundness examiner he examined national banks for capital adequacy, asset quality, management issues, earnings concerns, and liquidity funding.
For more detail please click on this below link:
https://bit.ly/2U3z3i9
Email: support-AT-247compliance.us
Tel: +1-(510)-868-1040