Event Calendar

Tuesday, July 28, 2020

Webinar - Beneficial Ownership Rules for Business Accounts & Loans

Start Date: 7/28/2020 1:00 PM MDT
End Date: 7/28/2020 2:30 PM MDT

United States 

BSA examiners are digging deeper during exams and have begun to ask more questions about the lending function.  Could a BSA examiner find loan fraud that has gone undetected by your institution’s due diligence process?  Is there a system for identifying false statements and attempts at identity theft on business loan applications?  Do your lenders know that these activities may require filing a SAR?  Is beneficial ownership effectively documented?  This program will address those questions and provide five important reasons that BSA training must be provided for lenders who open business accounts and loans.