Skip to content

New Beneficial Owners Certification Form

Answered by: 

Question: 
Should a new Beneficial Owners Certification form be completed every time a new account is opened if there have been no changes in the beneficial ownership of the legal entity? Can the certification form currently on file be copied, re-signed and re-dated rather than complete a whole new form in those instances?
Answer: 

No "ifs, ands, or buts;" you need a "whole new form" for each new account opened on different days. Energy conservation is not admirable in every context.

First published on 02/25/2018

Filed under: 
Filed under compliance as: 

Search Topics