BEGIN:VCALENDAR VERSION:2.0 METHOD:PUBLISH PRODID:-//Telerik Inc.//Sitefinity CMS 13.3//EN BEGIN:VTIMEZONE TZID:Central Standard Time BEGIN:STANDARD DTSTART:20231102T020000 RRULE:FREQ=YEARLY;BYDAY=1SU;BYHOUR=2;BYMINUTE=0;BYMONTH=11 TZNAME:Central Standard Time TZOFFSETFROM:-0500 TZOFFSETTO:-0600 END:STANDARD BEGIN:DAYLIGHT DTSTART:20230301T020000 RRULE:FREQ=YEARLY;BYDAY=2SU;BYHOUR=2;BYMINUTE=0;BYMONTH=3 TZNAME:Central Daylight Time TZOFFSETFROM:-0600 TZOFFSETTO:-0500 END:DAYLIGHT END:VTIMEZONE BEGIN:VEVENT DESCRIPTION:The 2020 pandemic forced many financial institutions to open ac counts electronically and follow E-SIGN when branches were temporarily clo sed. Learn the six-step consent process\, common pitfalls\, and more.\nLea rning Objectives\n\n Explain and implement the six-step consent process to open &ldquo\;no-contact&rdquo\; accounts\n Understand which deposit regulations are related to E-SIGN and have specific compliance provisions \n Use the most recent BSA guidance for satisfying the due diligence re quirements for CIP (Customer Identification Program)\n Define and ident ify acceptable documents to open accounts and incorporate risk mitigation strategies into the new account process\n Determine when enhanced due d iligence steps are required to open an account\n\nThe 2020 pandemic forced many financial institutions to open accounts electronically and follow E- SIGN when branches were temporarily closed. This fast-paced session will e xplore the six-step consent process. Learn best practices for opening acco unts and completing signature cards\, as well as common pitfalls. Other im portant topics will be covered\, including risk mitigation strategies\, ve ndor management\, and required documentation for CIP in order to form a &l dquo\;reasonable belief&rdquo\; of the true identity of the customer. DTEND:20210209T213000Z DTSTAMP:20240328T174732Z DTSTART:20210209T200000Z LOCATION: SEQUENCE:0 SUMMARY:No-Contact Account Opening: E-SIGN Compliance UID:RFCALITEM638472268525761345 X-ALT-DESC;FMTTYPE=text/html:
The 2020 pandemic forced many financial ins titutions to open accounts electronically and follow E-SIGN when branches were temporarily closed. Learn the six-step consent process\, common pitfa lls\, and more.
\nLearning Objectives
\nThe 2020 p andemic forced many financial institutions to open accounts electronically and follow E-SIGN when branches were temporarily closed. This fast-paced session will explore the six-step consent process. Learn best practices fo r opening accounts and completing signature cards\, as well as common pitf alls. Other important topics will be covered\, including risk mitigation s trategies\, vendor management\, and required documentation for CIP in orde r to form a &ldquo\;reasonable belief&rdquo\; of the true identity of the customer.
END:VEVENT END:VCALENDAR