Yes, Ken I know the regulation doesn't require authorized signers to be CIP'd but our bank made that decision before my BSA Officer appointment.
I realized most banks don't require this for obvious reasons. So I would appreciate any feedback for banks who do/do not require authorized signers and why? PLEASE FEEL FREE TO PM with your feedback.
As our bank grows, this our requirement for this will grow to be a PAIN, so now may a good time to re-visit this policy requirement.
THANKS!
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CAMS