Cryptocurrency Anti-Money Laundering: Regulatory Trends and Risk Issues Explored!
Cryptocurrency markets are one of the most vulnerable industries for a broad range of criminal activities, particularly money laundering. Rapid technological advancements and eased cryptocurrency creation prevent the immediate identification of new criminal tactics by regulators, thus, elevating anti-money laundering (AML) risks as well. These risks are even heightened in the markets’ unregulated sectors.
With all the prevailing risks, it becomes more important for businesses to stay compliant with current AML laundering regulations to avoid sanctions and potential damages. It is also significant to be informed of the latest and most updated risk assessment procedures to help reduce the proliferation of criminal activities in digital currency exchanges.
In this LIVE Webcast, a panel of thought leaders and professionals will provide the audience with an overview of the AML regulatory trends, risk issues, and other pitfalls in the cryptocurrency markets. Speakers will discuss in depth the best compliance strategies that businesses must implement in light of the most recent developments.
Key issues that will be covered in this course are:
- The 2019 Cryptocurrency Anti-Money Laundering (AML) Landscape: Overview and Statistics
- AML Regulations and Enforcement
- Trends and Updates
- Mitigating Risks and Pitfalls
- Best Compliance Practices
- What Lies Ahead
Daniel M. Burstein, Senior Managing Director
Guidepost Solutions LLC
- Overview of the Regulatory Landscape for Cryptocurrencies (Federal v. State)
Michael O'Leary, Of Counsel
Holland & Hart LLP
- AML Compliance with Respect to Cryptocurrencies
Michael Mendelson, Partner
Wissing Miller LLP
- OFAC Sanctions
- Securities Regulation and ICOs
- CFTC Regulations
Who Should Attend:
- Banking and Financial Institutions
- AML/BSA Lawyers
- BSA/AML Officers and Managers
- Banking and Finance Lawyers
- Auditors and Accountants
- Chief Financial Officers
- Anti-Money Laundering Officers
- AML Compliance Officers
- Risk Mitigation Officers
- Fraud Monitoring Officers
- AML investigators
- Other Interested Professionals
Daniel M. Burstein is a senior managing director at Guidepost Solutions LLC. He has extensive experience in the areas of regulatory investigations and enforcement, compliance, commercial litigation, and internal investigations. His engagements include serving as interim chief compliance officer for a FinTech company engaged in cryptocurrency exchange and blockchain solutions; consulting on AML and related controls to a FinTech company developing a new government-backed digital currency; and serving as the Independent Compliance Consultant to a mortgage lender pursuant to a settlement with the U.S. government. Previously, as Executive Deputy Superintendent and Acting Chief of Staff for the New York State Department of Financial Services, he oversaw enforcement actions and operations. He also headed its Real Estate Finance Division and directed matters involving mortgage servicing and origination violations.
Daniel M. Burstein is a senior managing director at Guidepost Solutions LLC. He has extensive experience in the areas of …
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 …
Michael Mendelson is a partner with Wissing Miller, LLP, a boutique technology and intellectual property law firm where he manages the corporate and commercial practice. He also serves as external general counsel for technology and international trade start-up clients. Michael has twenty years’ experience providing business and legal advice on a global basis to aerospace, defense, IT, telecom, high technology, and other regulated industries. He has guided a variety of clients through negotiating complex commercial transactions, developing first-class regulatory compliance programs, and establishing corporate governance best practices.
Michael has held several executive and senior legal positions for multinational companies. Michael previously practiced law in the Washington, DC Office of Jones Day, a leading global law firm. He has been published in United States and international law journals, interviewed on National Public Radio for his expertise, and held speaking engagements at many international legal and business conferences.
Michael Mendelson is a partner with Wissing Miller, LLP, a boutique technology and intellectual property law firm where he manages …
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Method Of Presentation:
General knowledge of banking and finance laws
NY Category of CLE Credit:
Areas of Professional Practice
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About Guidepost Solutions LLC
In a world where change is certain, experience is the best protection. Guidepost Solutions offers global investigations, compliance and monitoring, and security and technology consulting solutions for clients in a wide range of industries. Our expert team provides leadership and strategic guidance to address critical client needs across the globe. With headquarters in New York, Guidepost Solutions maintains offices in key markets including Botoga, Boston; Chicago; Dallas; Honolulu; London; Los Angeles; Miami, Oakland; Palm Beach; Sacramento; San Francisco; Seattle; Singapore; and Washington, D.C.; and has resources across the globe. Experience guides us. Solutions define us. For more information, please visit www.guidepostsolutions.com.
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.