CEO and former banker, Larry Williams, chats with compliance expert, Deborah Crawford, about the new beneficial ownership rules and what that means to business owners and your institution.
Find out when new business account holders and existing business owners need to comply with the new rules, the reason for the changes, and who has access to your information. Plus get 10% off the webinar, Countdown to New Beneficial Ownership Rules: Effective January 1, 2024.
After the podcast, be sure to check out Deb’s webinar, Countdown to New Beneficial Ownership Rules: Effective January 1, 2024. Register and learn more here. Podcast listeners can also use coupon code BENEFICIAL10 for 10% off. This coupon is valid through February 2024.
Here is a quick breakdown of what is covered during the podcast:
[1:40] When do account holders actually have to comply with the new beneficial ownership rules, effective Jan. 1, 2024?
[2:35] Has the definition and exemptions of a beneficial owner changed?
[3:25] What is a reporting company?
[4:03] What is a company applicant?
[4:45] What is the overarching reason the government is making these changes?
[5:45] Who will be able to look at your registered information? Is it a public network or a private network?
Check out these links for more info!