Know Your Customer (KYC): Beneficial Ownership Survey

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* 1. Are you aware of the proposed FinCEN rule on Beneficial Ownership?

Yes, and we have a clear understanding of what is required to comply

Yes, but we don’t yet have a clear understanding of what is required to comply

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* 2. Have you identified how these updates will impact client on-boarding and implementation processes?

Yes

In process

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* 3. Have you identified and engaged stakeholders (legal, compliance, operations, sales, technology, product management, etc.) who will likely need to be involved in implementing these changes?

Yes

In process

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* 4. Have you secured the technology and other resources needed to implement the required changes to ensure compliance?

Yes

No - my request is still pending

No - I have not made any requests yet

I don't know

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* 5. FinCEN expects to issue a final ruling this year. If you are required to be fully compliant by 3Q 2016, how disruptive would this be to your business?

No Impact - we are well positioned to implement by 3Q 2016

Modest impact - we will have to deploy readily available resources

Significant impact - we will have to secure resources from planned discretionary initiatives

Unsure - we have not sized the magnitude of the required effort

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* 6. What is your role within your organization? (check all that apply)

Bank CEO / EVP / Executive Officer

Sales / Sales Management

Product Management

New Accounts On-Boarding

Customer Service and Support

Compliance

Risk

Legal

Operations

Technology

Vendor / Supplier in the Industry

Law Enforcement

Regulator

None of these roles fit my responsibilities

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* 7. Please provide the following for a free participant report (optional)

Name

Organization

Title

Phone Number

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* 8. Would you like a senior member of Treasury Strategies to contact you about preparing for the Beneficial Ownership requirement?

Yes