Get this guide to learn all about the enhanced Customer Due Diligence rule, and other important compliance requirements.
In May 2016, FinCEN (the Financial Crimes Enforcement Network) released new Customer Due Diligence Requirements for financial institutions. This CDD Final Rule is being called the Fifth Pillar of BSA/AML compliance.
All covered financial institutions are required to be fully in compliance by May 11, 2018. Are you ready?
In this free guide to the CDD Rule, you'll learn:
- All about the history of Customer Due Diligence requirements.
- The changes that you'll need to be prepared for in 2018.
- CDD Key Terms, like Beneficial Owner and Legal Entity Customer.
- Additional BSA/AML Resources.