2023 started off with BIG Changes!  IRA changes, beneficial ownership proposed changes and all the other deposit hot topics.  It’s a busy year with increased fraud on checks, electronic transactions, and overdraft lawsuits.  Learn what you need to know and do to keep your deposit operations and compliance on track.

Topics include:

•             SECURE ACT 2.0—Immediate changes to required minimum distributions on IRAs
•             Beneficial Ownership:  New proposed BOSS database
•             FDIC Insurance Changes on Trusts
•             NRA Interest Reporting and W-8BENs
•             Mobile deposit indemnity, Regulation CC 
•             Check fraud and liability of the bank 
•             Handling Deceased deposit accounts
•             Regulation E and unauthorized transactions
•             Overdrafts—Transfer from Savings, Opt-Ins, Paying items twice and debit cards
•             Eliminate old practices on CDs and NOW accounts
•             Who gets what disclosures
•             And much much more…