Stay Compliant with Our RMCP Toolkit, Training & Support Services
In this comprehensive FICA training session you'll learn practical, step-by-step strategies for identifying UBOs within your business and the broader scope of your clients’ structures. This training session covers the importance of UBO verification, guiding businesses on how to identify and manage beneficial ownership structures to meet compliance standards. Ensure transparency in ownership structures and comply with UBO regulations.
This training is perfect for anyone who needs a practical understanding of how to determine UBOs and assess entity structures.No prior legal or compliance expertise is required — we simplify complex concepts and offer real-world applications to help you confidently navigate the FICA requirements in your business.
Understand why knowing the UBO is a fundamental requirement for compliance, and how it helps to mitigate risks associated with money laundering, terrorism financing, and other financial crimes.
Learn actionable methods to accurately determine UBOs, even in complex ownership structures. We’ll break down how to gather the right information and apply it correctly.
Explore the key types of entities and how their structures influence UBO identification. Whether it’s a corporation, partnership, or trust, understanding the entity type is crucial in accurately assessing who holds ultimate control and ownership.
Discover how risk rating works in relation to entities and UBOs, and why this is essential for developing a compliance strategy that helps minimize exposure to financial crimes.
Gain insights on how to implement UBO determination and entity risk rating effectively in your day-to-day business processes, ensuring seamless compliance without complications.
Basics
Time : 1.5 Hours
Format: Online Webinar
Receive: Certificate and Training Information provided. Minimum attendance duration required for certification.