2020 Deposit Compliance Update Webinar Recording

$325.00

* Please note that the recording links will be delivered to you via a downloadable word document in your confirmation e-mail.  The PowerPoint that corresponds with the recording will be automatically delivered upon purchasing via email from the website.

WHAT

Change is in the air!  Are you ready?  We kick off 2020 with many changes to IRAs under the SECURE Act.  We also have interest reporting rules finalized which will change your Nonresident alien interest reporting.  There will be a change on beneficial ownership as we watch the Illicit Cash Act leave the house and move to the Senate.  We may see the eventual migration of beneficial ownership to FinCEN where the CTRs and SARs are housed.  This year brings a technical change to the Currency Transaction Report effective February 1, 2020.  Plus, our favorite Regulation CC changes effective July 1, 2020.  If you think 200 and 4800 is hard on large deposits, try 225 and 5300 for our tellers as the new numbers.

RECORDING CONTENT

Upon completion of the recording you’ll understand:

  • Comprehensive look at IRA Changes
  • Regulation CC Changes
  • Nonresident alien interest reporting
  • Currency Transaction Reporting
  • A peek at the Illicit Cash Act

All registrants will receive:

  • Training Handbook for Regulation CC Changes
  • IRA Handbook Updated for the Secure Act

WHO?

Deposit Operations, Deposit Compliance, IRA Personnel, Branch Staff and Managers

SKU: 33085 Categories: ,

Description

* Please note that the recording links will be delivered to you via a downloadable word document in your confirmation e-mail.  The PowerPoint that corresponds with the recording will be automatically delivered upon purchasing via email from the website.

WHAT

Change is in the air!  Are you ready?  We kick off 2020 with many changes to IRAs under the SECURE Act.  We also have interest reporting rules finalized which will change your Nonresident alien interest reporting.  There will be a change on beneficial ownership as we watch the Illicit Cash Act leave the house and move to the Senate.  We may see the eventual migration of beneficial ownership to FinCEN where the CTRs and SARs are housed.  This year brings a technical change to the Currency Transaction Report effective February 1, 2020.  Plus, our favorite Regulation CC changes effective July 1, 2020.  If you think 200 and 4800 is hard on large deposits, try 225 and 5300 for our tellers as the new numbers.

RECORDING CONTENT

Upon completion of the recording you’ll understand:

  • Comprehensive look at IRA Changes
  • Regulation CC Changes
  • Nonresident alien interest reporting
  • Currency Transaction Reporting
  • A peek at the Illicit Cash Act

All registrants will receive:

  • Training Handbook for Regulation CC Changes
  • IRA Handbook Updated for the Secure Act

WHO?

Deposit Operations, Deposit Compliance, IRA Personnel, Branch Staff and Managers