Pub. 21 2024 Issue 2
By Mark Horn, President, New Mexico Bankers Association
New Mexico, although not my birthplace, has become my home. The past year has introduced me to new places, new people and new experiences. The opportunity to serve as the New Mexico Bankers Association president is one that I will miss, and it has been an honor to lead this great organization this past year. It is with my last article as president that I would like to highlight what I have learned about what it is that defines the New Mexico Bankers Association. I feel the easiest way to do this is to break down our name.
By John W. Anderson, Executive Vice President, New Mexico Bankers Association
Corporate Transparency Act
The Corporate Transparency Act (signed into law on January 1, 2021) expanded anti-money laundering laws and created new reporting requirements for certain companies doing business in the United States. Beginning in 2024, many small businesses are required to report information about their beneficial owners to the Financial Crimes Enforcement Network (FinCEN) in an effort to create a national database for use by national security and law enforcement agencies to prevent the use of shell companies for criminal activity.
By Rob Nichols, President and CEO, American Bankers Association
By Kristie Garcia, New Mexico Mortgage Finance Authority
By Roger Morris Jr., JD, CIPP, Associate General Counsel, Compliance Alliance
By the New Mexico Bankers Association
By Jay Kenney, SVP & Southwest Regional Manager, PCBB
By Katie Barnes, Chief People Officer, BHG Financial
See what else is inside
Inside you will find additional information such as upcoming webinars, conferences, previous events, anniversaries, and more.
You can download the PDF of the publication by opening the Flipping Book and clicking the download button at the bottom.
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