With just a few months until FinCEN’s final beneficial ownership information reporting rule is implemented, compliance specialists are itching to know when the details are coming and how to prepare. With an increase in required reporting on the horizon, financial institutions are asking how to prepare, how to update their policies, and what the long term impacts to the industry will look like. In this webinar, we answer all those questions and more.
Watch this webinar to learn:
How to prepare for the upcoming changes on January 1, 2024
Reporting guidelines and best practices
Common beneficial ownership pitfalls and challenges
Meet the Presenter:
Constantine Lizas joined Harris Beach’s Washington, D.C. office after leaving the FDIC’s Enforcement Section as an acting Supervisory Counsel and the FDIC’s lead BSA/AML Counsel. At the FDIC, he advised the interagency team that began drafting new rules pursuant to the Anti-Money Laundering Act of 2020. He also served as a federal prosecutor in the Department of Justice’s Money Laundering and Asset Recovery Section. In May, Constantine spoke at the Practicing Law Institute on Anti-Money Laundering Priorities 2023. He assists financial institutions with examination matters, enforcement actions, government investigations, and compliance issues. For more, visit this web page including information about his background, services, and recent insights.
