Identifying Beneficial Owners - The Key to Effective AML Control

Identifying Beneficial Owners - The Key to Effective AML Control
October
4
Event type:
Online
Date:
October 4
Time
11:00 AM to 12:00 PM
Time zone:
America/New_York
Slide Deck:
Click here to access

This webinar outlines the key steps in identifying beneficial owners and demonstrates how technology can help to cut through the morass with speed, safety and a uniform approach.Whether you are dealing with a bank customer, a supplier, or a purchaser of high end real estate and other luxury goods, getting behind the facade of business structures is key.

One critical yet very difficult step in effectively stopping money laundering and corruption is the task of identifying beneficial owners of an entity, but it isn’t easy. Business ownership information is fragmented, stored in different forms and locations, and often difficult to find. Each jurisdiction has its own method for defining and recording ownership and complex corporate structures, often deliberately making it difficult to identify the real owners. 

This webinar outlines the key steps in identifying beneficial owners and demonstrates how technology can help to cut through the morass with speed, safety and a uniform approach.Whether you are dealing with a bank customer, a supplier, or a purchaser of high end real estate and other luxury goods, getting behind the facade of business structures is key. 

Learning Objectives:

  • Defining ultimate beneficial owners
  • Addressing jurisdictional differences and barriers
  • Identifying tools and resources
  • Describing processes steps

Presenters:

  • Ed Lloyd, V.P. Global Sales, Encompass Corporation
  • James Swenson, Global Head of Proposition for Risk Managed Services, Thomson Reuters
  • Carole Switzer, OCEG President


This event is sponsored by Encompass and Thomson Reuters, OCEG GRC Solutions Council Members.

By registering for this event, you are agreeing that the sponsors of the event will receive your registration information. Please review the sponsors' privacy policies here: https://www.encompasscorporation.com/privacy-statement/ https://www.thomsonreuters.com/en/privacy-statement/


CPE Credit Notice

This is a group internet-based event for NASBA authorized continuing education credit. OCEG webinars are free for anyone to attend, but only Attendees who have an OCEG All Access Pass will receive a Certificate of Completion for the webinar indicating 1 hour of CPE credit.

OCEG is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have the final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.learningmarket.org. For information regarding administrative issues such as complaints or refunds, please contact OCEG at info@oceg.org.

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