Managing the Unique Challenges of Beneficial Ownership, KYC and ID Verification Obligations
Bob Kapur
Independent Financial Crimes Consultant
Wen-Chi Chang
Vice President, Strategy & Insights, Enterprise AML Group
CIBC
- Key elements of an effective beneficial ownership and KYC process
- Best practices in customer due diligence for remote, non-face-to-face transactions
- How to effectively gather, evaluate, and validate data: Meeting obligation to keep beneficial ownership information up to date
- Exploring the impact and implications of implementation of publicly accessible corporate beneficial ownership registries
- How to comply with the increasingly rigorous client identification requirements: FINTRAC’s position on ensuring accuracy of beneficial ownership information