Can something like the REAL ID Act of 2005 be used to solve the beneficial ownership issue? Without a national […]
Category: Beneficial Ownership & Customer Due Diligence
FinCEN Director Ken Blanco testifies on the new CDD/Beneficial Ownership Rule
House Financial Services Committee – FinCEN Director Blanco Written Testimony 5-16-18 What is interesting is what Director Blanco did not […]
Beneficial Ownership – a Centralized Registry is the Key!
Requiring financial institutions to collect the (one to five) names and PII of what may or may not be the […]
Beneficial Ownership is less than a month away
I’m predicting some chaos, lots of gnashing of teeth and wringing of hands, Media and Social Media !WTF?! and Congressional !Calls to […]
FinCEN publishes FAQs on the new Customer Due Diligence/Beneficial Ownership Rule
FinCEN published the long-awaited, and much-anticipated, FAQs on the new customer due diligence/beneficial ownership rule, which comes into effect on […]