Description
Although completing the CTR may seem straightforward, complex aggregation rules and nuanced scenarios can challenge even the experienced AML/CFT professional. In this session, we will go line by line to highlight common audit findings and challenges the CTR presents to accurate completion. The session will include several sample scenarios to illustrate the multiple roles an individual or business may have relating to a single CTR.
Key takeaways:
- Identify what boxes to check when an individual has multiple roles connected to a single CTR
- List the prohibited words and phrases we should not use on the CTR
- Demonstrate proficiency in aggregating multiple transactions
- Identify the proper use of “unknown” boxes
- Identify key guidance relating to sole-proprietorships, commonly owned corporations, and backfiling
- Demonstrate step-by-step completion of the CTR
* Please note that the recording links will be delivered to you via a downloadable document in your confirmation e-mail. The materials that corresponds with the recording will be automatically delivered upon purchasing via email from the website.
