Anti-Money Laundering Compliance in 2014
Overview:Our panel of key thought leaders and practitioners will offer a discussion of the fundamentals as well as updates regarding the latest and significant issues surrounding this topic. This LIVE webcast aims to help you to avoid common pitfalls and risk issues surrounding Anti-Money Laundering.
This 2-hour webcast will discuss the following key provisions:
- Anti-money laundering 2014: An overview
- Money laundering key assessment
- Regulatory issues and best practices for money laundering
- Emerging trends in anti-money laundering
- Up-to-minute regulatory updates
Marvin G. Pickholz, Partner
Duane Morris LLP
- The History and Evolution of the FCP and AML
- Inversions: Effect on Us Entity of any FCPA or ALM
Violations: Exposure of foreign entity for US entities violations and vice versa
- Exposure of House Counsel
McHenry Kane, Vice President
SunTrust Banks, Inc.
- Recent proposed rulemaking on beneficial ownership;
- Recent fines imposed on individuals in the BSA/AML sphere (MoneyGram and BBH); and
- Clearstream OFAC case and impact on omnibus accounts.
Erin McAvoy, Principal, Financial Services
Ernst & Young LLP
Technology aspect of AML Compliance.
- Current state and AML focus areas
- Emerging trends and regulatory expectations
- Better results through technology and analytics
Laura Colombell Marshall, Partner
Hunton & Williams LLP
- Virtual currency/bitcoin: This is an area for banks to be concerned about and how will it impact their business and compliance functions.
Who Should Attend:
- BSA/AML Compliance Officers
- Senior Management and Board Members
- Anti–Money Laundering Lawyers and Specialists
- Security Operations
- AML/BSA Professionals
- Fraud Monitoring
- And other Related/Interested Professionals
Marvin G. Pickholz is a partner in Duane Morris' securities and white-collar practice groups. His practice focuses on complex civil and criminal litigation including defense of corporations and individual clients, both domestic and foreign.
Mr. Pickholz is a former national Assistant Director of the Securities and Exchange Commission’s Division of Enforcement in Washington, D.C. and Chief of the Branch of Enforcement in New York. During his tenure with the SEC, Mr. Pickholz was involved in many high-profile cases involving accounting firms, corporate financial statement fraud, Foreign Corrupt Practices Act and individual defendants of renown.
Mr. Pickholz is the author of the treatise titled Securities Crimes and is the co-author of chapters in leading treatises on accountants' liability, insider trading and section 16(b) liabilities. He has authored over 50 articles and is a frequent guest on CNBC, NBC, Fox News, and the BBC and quoted in domestic and foreign financial publications. He was the founder and first president and currently serves as a director of the Association of Securities and Exchange Commission Alumni.
Marvin G. Pickholz is a partner in Duane Morris' securities and white-collar practice groups. His practice focuses on complex civil …
McHenry Kane has been the AML Strategies Manager at SunTrust Bank since November 2013. Prior to joining SunTrust’s compliance division, McHenry was the regulatory and AML/BSA attorney in SunTrust Bank’s legal department. McHenry came to SunTrust’s legal department in August 2008 from Hunton & Williams in Charlotte, N.C., where he represented several large financial institutions and focused primarily on synthetic securitizations.
McHenry Kane has been the AML Strategies Manager at SunTrust Bank since November 2013. Prior to joining SunTrust’s compliance division, …
Erin is a Partner in the Ernst & Young Advisory Practice with over 17 years of experience assisting clients with Compliance Technology initiatives in the Financial Services sector. She has work closely with institutions in the areas of Anti-Money Laundering (AML), Fraud, and Compliance, providing both business and technology expertise. Erin has significant experience leading large consulting projects across North America, Europe and Asia.
Erin is a Partner in the Ernst & Young Advisory Practice with over 17 years of experience assisting clients with …
Laura represents businesses and individuals responding to government investigations, criminal charges, civil actions and regulatory inquiries in a variety of enforcement areas. She represents clients in matters involving financial crime, health care fraud, money laundering, the False Claims Act, and procurement fraud.
Prior to joining Hunton & Williams LLP, Laura was an Assistant United States Attorney in the Eastern District of Virginia for 15 years. While there, she prosecuted cases involving fraud, corruption, organized crime and health care fraud. She also served as the lead prosecutor for task forces targeting identity theft and money laundering.
From 1999 to 2007, Laura served as a JAG Officer in the United States Army Reserve, and worked on procurement fraud matters and debarment proceedings.
Laura represents businesses and individuals responding to government investigations, criminal charges, civil actions and regulatory inquiries in a variety of …
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Ernst & Young LLP
About Duane Morris LLP
Duane Morris LLP, a law firm with more than 700 attorneys in offices across the United States and internationally, is asked by a broad array of clients to provide innovative solutions to today’s legal and business challenges.
About SunTrust Banks, Inc.
SunTrust Banks, Inc., with total assets of $179.5 billion as of March 31, 2014, is one of the nation’s largest commercial banking organizations whose businesses provide a broad range of financial services to consumer, business, and corporate clients.
Through our flagship subsidiary, SunTrust Bank, we offer a full line of financial services for consumers and businesses including deposit, credit, mortgage banking, and trust and investment services. Additional subsidiaries provide asset management, securities brokerage, and capital market services. SunTrust’s client base encompasses a broad range of individuals and families, businesses, institutions, and governmental agencies.
SunTrust enjoys strong market positions in some of the highest–growth markets in the United States and also serves clients in selected markets nationally. Our priorities include consistency in financial performance, quality in customer service and a strong commitment to all segments of the communities we serve.
As of March 31, 2014, SunTrust had 1,501 retail and specialized service branches and 2,243 ATMs, which are located primarily in Florida, Georgia, Maryland, North Carolina, South Carolina, Tennessee, Virginia and the District of Columbia. In addition, SunTrust provides clients with a selection of branch-based and technology-based banking channels, including the internet, mobile, ATMs, and telebanking. Our internet address is www.suntrust.com.
About Ernst & Young LLP
Named best consultancy by Operational Risk & Regulation magazine for the fourth consecutive year, EY provides a breadth of advisory services including operational risk management, enterprise risk governance, capital management, data management and reporting, anti-money laundering and regulatory compliance technology services to the world’s largest and most complex financial institutions.
EY’s Financial Crimes practice is a globally integrated team of industry leaders drawn from regulatory, compliance, business, enforcement and risk-related backgrounds. Our unique insights in current and future practices, regulatory expectations and optimization of program effectiveness have helped the world’s leading firms manage their money laundering risk while also managing cost. Our depth of experience and global connectivity on critical topics includes program design, AML optimization, sanctions compliance and technology enablement and enhancement.
The insights and quality services we deliver help build trust and confidence in the capital markets and in economies the world over. In so doing, we play a critical role in building a better working world for our people, for our clients and for our communities.
About Hunton & Williams LLP
Hunton & Williams LLP provides legal services to corporations, financial institutions, governments and individuals, as well as to a broad array of other entities. Since our establishment more than a century ago, Hunton & Williams has grown to more than 800 lawyers serving clients in 100 countries from 19 offices around the world. Our practice has a strong industry focus on real estate, energy, financial services and life sciences, and our experience extends to practice areas including bankruptcy and creditors’ rights, commercial litigation, corporate transactions and securities law, intellectual property, international and government relations, regulatory law, products liability, and privacy and cybersecurity. For additional information visit our website at www.hunton.com.