Webinar Overview:
In this webinar, we delve into the Corporate Transparency Act (CTA) and its ties to the Ultimate Beneficial Ownership (UBO). We will discuss who needs to file, what must be filed and the reporting requirements.

This live webinar will cover:

– Overview of the Corporate Transparency Act (CTA)/ Ultimate Beneficial Ownership (UBO)

– Who Must Comply with FinCEN BOI Reporting Requirements? Domestic Reporting Companies and Foreign Reporting Companies

– What are Companies Required to Report? – Beneficial Ownership Information Reporting Requirements

– Where is the Federal Database of Beneficial Ownership Information as of today in the process?

– Why is an AML/BSA/OFAC/CFT/CFP/FCP Check Before Reporting to FinCEN Important?

– Improving AML/BSA/OFAC/CFT/CFP/FCP Diligence through Screening and Transaction Monitoring

CONTINUING PROFESSIONAL EDUCATION (CPES):

1.5 CPE will be awarded for this webinar.

AMLFC Institute and ComplianceAid are registered sponsors on the NASBA National Registry of CPE Sponsors. The recommended CPE credits for this webinar are in accordance with NASBA standards.

Moderator:

Ms. Michelle Martin,

CAMLCFC, CAMS, MACC. ACA.

Chairman & CEO, ComplianceAid & AMLFC Institute

Ms. Michelle Martin is Chairman & CEO, ComplianceAid and AMLFC Institute. She possesses over thirty-one years of experience in banking, credit unions, insurance, other industries, DNFBPs, regulatory compliance, public and private accounting. She is a Certified Anti-Money Laundering & Financial Crimes Prevention Professional (CAMLCFC) and Certified Anti-Money Laundering Specialists (CAMS). Ms. Martin is founder of the Anti-Money Laundering and Financial Crimes Institute (AMLFC Institute). During the past few years, Ms. Martin was an invited speaker at 83 Conferences/Seminars in 68 countries where 50,000+ Financial Industry executives were educated on Anti-Money Laundering (AML), Counter Financing of Terrorism (CFT), Counter Financing of Proliferation (CFP), Financial Crimes Prevention (FCP), FinTech, Cryptocurrency, Foreign Account Tax Compliance Act (FATCA)/Common Reporting Standard (CRS), De-Risking, Enterprise Risk Management, Environmental Social & Governance (ESG), Corporate Governance and Ethics & Cybersecurity topics. Ms. Martin has trained over 2,500 Senior Public Officials, Members of Parliament and Ministers from the Americas. She developed and implemented over 100 AML/CFT/CFP Policies, Procedures and Risk Assessment Program for Financial Institutions active in multi-jurisdiction that led to uniform risk mitigating procedures designed to detect, deter, prevent for compliance with laws and regulations of 31 countries. She also contributed with over 100 mainstream media to produce reports on Anti-Money Laundering/CFT/CFP/HT/ABC/FCP issues directed toward the general public or business community. Ms. Martin instituted the customer risk rating system of a top U.S. Bank with a customer base of 7.5 million and coordinated an enhanced due diligence (EDD) remediation project of all high-risk customers. Ms. Martin holds a Bachelor in Accounting and is fluent in English and Spanish.

Speakers:

Mr. Roberto Orozco, SVP Risk & Compliance, Terrabank, Florida

Mr. Orozco is a Compliance Professional with experience spanning over 25 years. Mr. Orozco’s experience includes areas such as Cross Border Payments, Correspondent Banking, Private Banking, Investments, and International/Domestic Banking. He has held senior managerial positions on a sustained basis, managing Consumer Compliance as well as the BSA/AML and Sanctions Programs teams and platforms. His focus on Regulatory Technology has driven him to acquire expertise in areas such as Payment Processing, Monitoring Systems’ implementation and calibration, BSA/AML and Sanctions Programs Risk Management Platforms and Data Analytics.

Mr. Don Lee, AMLFC Institute Board of Regents, President, FinWebTech. Jamaica/Florida

Don Lee has over 23 years of diverse experience in the financial services industry including compliance, Anti-Money Laundering, business development, operations and software development. Don is the President and CEO of FinWebTech, a SaaS company providing automated compliance solutions for the financial services industry; and is also the Chief Compliance Officer of an SEC Registered Investment Advisory Firm. Don has served as the Chief Compliance Officer, Anti-Money Laundering Officer and Chief Operations Officer for several retail and institutional Broker Dealers, and Registered Investment Advisors servicing US and international clients. His regulatory experience includes multiple regulatory audits from FINRA, SEC and State agencies. His technology experience includes the design and deployment of several applications including: the self-directed retail application for investors; a broker work station application for brokers; and an intranet system providing automated workflow and processes for broker dealers. He has managed custodial relationships and understands the clearing industry processes as it relates to broker dealers. Don has a Master’s degree in Business Administration; Bachelor’s Degree in Business Administration with a focus in Management Information Systems; FINRA’s Series 7, 24, 3 and 63 licenses; and is also a Certified Anti-Money Laundering Specialist (CAMS).