San Francisco Region Bankers' Forum
Teleconference on Risk Management – Bank Secrecy Act Update
Thursday, March 30, 2017, 12:30 PM - 2:00 PM Pacific Time
On March 30, 2017, the FDIC’s San Francisco Regional Office will host a teleconference on Risk Management – Bank Secrecy Act Update.
In May 2016, the U.S. Treasury Department issued a final rule that requires covered financial institutions to collect beneficial ownership information from legal entities at account opening. FDIC examination staff will discuss key elements of the final rule, identify how the final rule applies to an institution’s customer due diligence process, and share strategies to prepare institutions for the May 11, 2018 applicability date.
The 60-minute presentation will be followed by a 30-minute question and answer session. To ensure questions are addressed, participants will have the opportunity to email their questions in advance to FDICSanFrancisco@FDIC.gov. Questions may also be submitted during the live broadcast.
Who Should AttendSan Francisco Region Supervised Banks: We encourage Directors, Chief Executive Officers, Presidents, Chief Risk Officers, Bank Security Act Officers, and Internal Auditors to attend.
Registration InformationPlease complete the online registration form to reserve a teleconference line and receive the conference phone number and passcode. The teleconference is open to FDIC-supervised institutions in the San Francisco Region. Participants may call in from any location and are not required to be onsite at their institution. If you have any problems registering, please send an email to FDICSanFrancisco@FDIC.gov and include your name, title, and bank name/location.
To allow sufficient time for all participants to be connected, we encourage you to call at least 15 minutes prior to the beginning of the teleconference.
Special Activities Case Manager