June 4, 2026
1:00 - 2:00 pm ET
$149 Includes Playback without Expiration
FinCEN’s new exceptive relief is changing the rules around beneficial ownership collection for existing legal-entity customers, and banks cannot afford to misunderstand what this relief does—or assume it reduces broader CDD expectations. While the change may ease certain account-opening burdens, it also creates new risk if institutions fail to adjust policies, procedures, training, and documentation in a timely and defensible way.
This webinar will provide a practical and timely look at what FinCEN’s new relief means for banks right now. We will break down where flexibility exists, where obligations remain, and how institutions should respond before inconsistent practices, documentation gaps, or examiner scrutiny create larger compliance problems. Attendees will leave with a clearer understanding of how to streamline processes without weakening controls.
Key Takeaways:
What FinCEN’s new exceptive relief changes immediately for beneficial ownership collection
Where banks could face risk if they misapply the relief or relax controls too far
When beneficial ownership information must still be reviewed, updated, or re-verified
How this development differs from CTA beneficial ownership reporting requirements
What banks should be doing now to update procedures, train staff, and prepare for examiner questions
