Welcome to the Compliance and Reporting Essentials course by ComplyPro! This comprehensive course provides the fundamental knowledge and practical skills needed to navigate compliance and reporting requirements effectively.
- Module 1: Introduction to Compliance and Reporting Explore the importance of compliance, regulatory bodies, and maintaining accurate records.
- Module 2: Focused around onboarding and account opening, and what needs to be done in order for the process to be successful.
- Module 3: In this module, ComplyPro provides a high-level overview of various forms including the W-9, W-8’s and 8233
- Module 4: In this module on payments & sourcing, ComplyPro emphasizes the importance of understanding the nature of payments and their sourcing rules. It provides a list of reportable and non-reportable payment types.
- Module 5: We discuss best practices for information reporting and withholding processes. It emphasizes the importance of understanding the organization’s structure and determining where the solicitation of documentation should occur.