Anti-Money Laundering Due Diligence and Compliance in the 2019 Landscape: Going Beyond the Horizon
In today’s economy, money laundering is a strong growing problem. New financial technologies, such as cryptocurrency, further develop well-established laundering methods. The evolving regulatory and political landscapes, along with the rapid changes in the market, intensify complexities of anti-money laundering (AML) and sanctions compliance, making it a major challenge for every financial institution.
Businesses and professionals outside the financial sector should also be aware of AML and counter-terrorist finance regulations and laws since a number of white-collar violations are laundering related offenses.
In this LIVE Webcast, a panel of distinguished professionals and thought leaders assembled by The Knowledge Group will help financial institutions and their counsel understand the important aspects of this significant topic. They will provide an in-depth discussion of the recent developments and noteworthy issues surrounding the AML landscape. Speakers will also offer best practices in developing and implementing an effective AML due diligence and compliance program.
Key topics include:
- Anti-Money Laundering (AML) – Recent Compliance Developments
- Regulatory and Legislative Updates
- Notable Enforcement Actions
- Risks and Pitfalls
- Best Compliance Practices
- What Lies Ahead for 2019
Holland & Hart LLP
- Increased Focus on Customer Due Diligence and Ultimate Beneficial Owners
- FinCen Regulations and Geographic Targeting Orders
- New UBO Rules/Legislation Around the World
- Challenges in Implementing UBO Rules
- Increasing Complexity in U.S. and Foreign Sanctions Compliance
- New OFAC programs (e.g., Russia-related sanctions) are Complex and Require More Sophisticated Compliance Controls
- Creation of new programs heightens need to update compliance program in real-time
- Dealing with International Sanctions Programs
- Applying a risk based approach in your Sanctions Program
- Integration of AML/Anti-Corruption/Sanctions Compliance Procedures
- Increasingly impossible and unwise to segregate compliance competencies
- Implementation of Risk-Based Approach and Common Sense Solutions
- Development of better data and better resource allocations
- Need to reduce “false positives” and wasted resources
- Examples of areas of commonality
- Applying integration for efficiency
- AML Compliance Relating to Cryptocurrencies
- Overview of Regulatory Landscape
- Applying AML Controls to Blockchain
- Increased Information Sharing Between Regulators and Among Market Participants
- FATF Guidance
- Legal Restrictions and Data Privacy
- The Implementation of Blockchain/Distributed Ledger Technology by Financial Institutions Banking
- Regulatory Reviews
Who Should Attend:
- Banking and Finance Lawyers
- AML/BSA Lawyers
- Banking and Finance Professionals
- Anti-Money Laundering Officers
- AML Compliance Officers
- Risk Mitigation Officers
- Fraud Monitoring Officers
- BSA Officers and Managers
- AML investigators
- Other Interested Professionals
- BSA/AML/CFT, Fraud, OFAC Compliance and Sanctions and Cyber-enabled financial crimes
As a Senior Director in Navigant's Global Investigations & Compliance Practice, Anne Marie specializes in fraud, corruption and money laundering investigations. She assists companies in strengthening their fraud risk management capabilities, helps international organizations build effective anti-bribery/corruption protocols. Anne Marie also works with financial institutions to assess, create and enhance their anti-money laundering/terrorist financing programs as well as conducts independent investigations, performs gap analyses, and executes risk assessments.
Prior to joining the consulting industry, Anne Marie was a special agent in the Criminal Investigation Division of the Internal Revenue Service and held several positions of leadership in the organization. In these capacities Anne Marie supervised the investigations of many criminal violations including money laundering, tax fraud and other fraud schemes.
As a Senior Director in Navigant's Global Investigations & Compliance Practice, Anne Marie specializes in fraud, corruption and money laundering …
Mike O’Leary represents companies and individuals in connection with U.S. and international criminal and regulatory investigations. He also regularly counsels businesses facing compliance and regulatory issues relating to the Foreign Corrupt Practice Act (“FCPA”) and anti-corruption, money laundering, economic sanctions programs administered by the U.S. Department of the Treasury’s Office of Foreign Assets Controls (“OFAC”), and the Arms Export Control Act (“AECA”) and International Traffic in Arms Regulations (“ITAR”).
Mike previously served as an Assistant United States Attorney in the U.S. Attorney's Office for the Southern District of Florida in Miami, where he investigated and prosecuted a wide variety of federal offenses, including bank and wire fraud, identity theft, violent crimes, Medicare fraud, money laundering, currency-related offenses, and international narcotics trafficking.
Mike O’Leary represents companies and individuals in connection with U.S. and international criminal and regulatory investigations. He also regularly counsels …
Print and review course materials
Method of Presentation:
Experience in banking or finance laws
NY Category of CLE Credit:
Areas of Professional Practice
Unlock All The Knowledge and Credit You Need
Leading Provider of Online Continuing Education
It's As Easy as 1, 2, 3
Get Your 1-Year All Access Pass For Only $199
About Holland & Hart LLP
Founded in 1947 in Denver, Holland & Hart LLP is a full-service law firm that today has approximately 470 lawyers across eight states and in Washington, D.C. delivering integrated legal solutions to regional, national, and international clients of all sizes in a diverse range of industries. Holland & Hart delivers a level of service to our clients that is rarely seen in today’s marketplace. Founded on a spirit of pioneering and innovation that continues today, the Firm’s customer-driven culture is responsive and collaborative and leverages its knowledge of your business and your industry to deliver strategic counsel aligned with your long-term goals.
Holland & Hart’s Government Investigations and White Collar Defense Group includes former U.S. Department of Justice, U.S. Securities and Exchange Commission, and U.S. Treasury Department attorneys with substantial experience advising clients with respect to anti-money laundering compliance, anti-corruption protocols, and navigating economic sanctions and export controls.