Navigating the Intricacies of the Beneficial Ownership Rule


Recorded Aug. 23, 2018
Recorded access is valid until Feb. 28, 2019
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May 11, 2018 marked the deadline for financial institutions to achieve mandatory compliance with the final Beneficial Ownership Rule under the Bank Secrecy Act to clarify and strengthen customer due diligence requirements. Achieving compliance may require changes to your institution’s policies, procedures and processes, and the examiners are anxious to assess your compliance with the rule.

The rule is intended to aid transparency and strengthen customer due diligence requirements. Since the rule’s issuance, financial institutions have grappled with guidance issued by the U.S. Treasury Department regarding the rule and its practical application, particularly to so-called “triggering events.”

Whether you have questions about the rule or you want to reassure yourself that your institution has met all of the expectations and requirements, don’t miss this informative and timely webinar.

Speakers will provide:

  • Details on implementation challenges and opportunities for financial institutions.
  • Guidance and interpretations of what’s already been done and what still needs to happen.
  • Information on FinCEN’s expectations as time goes on.
  • And much more.


Please note: NACHA has switched webinar hosting platforms. This webinar was hosted on GoToWebinar, please ensure your device meets the system requirements.




Elaine Phifer, JD, CAMS
Assistant Vice President & Compliance Officer, Federal Reserve Bank of Atlanta

Amy Sawicki, CAMS
VP & BSA/AML Officer, Level One Bank

Tim Thorson, AAP, CTP
SVP & Manager, ACH Operations, Regions Financial Corporation


This event qualifies for AAP Credit.


AAP: $250 | DFI: $225 | Member: $275 | Nonmember: $360

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