The Year Ahead in AML
Protiviti will be speaking at the following event hosted by Arnold & Porter and the Institute of International Bankers.
Please join us for an evening of discussion, information sharing, networking, and cocktails.
The financial services regulatory agencies have signaled that BSA/AML and sanctions compliance continue to be among their areas of focus in the coming year, and costs arising out of corrective actions and enforcement proceedings continue to rise. As financial institutions develop and implement new and innovative approaches to compliance to meet the expectations of new and existing regulations, the agencies have emphasized their ongoing focus on a risk-based approach to supervision of this area.
We will provide insights on the year ahead and the steps that financial institutions should be taking to address AML and sanctions risks and navigate their next examinations.
Topics will include
Agency-by-agency review of BSA/AML/OFAC compliance focus areas (DOJ, OCC, FRB, FDIC, FINRA, SEC, DFS)
Lessons learned from recent bank and broker dealer examinations and enforcement actions
OFAC’s new reporting requirements
Changes in the sanctions landscape and the impact of Iran
Supervisory concerns and considerations for your next examination
Importance of data quality of financial crimes and money laundering investigations
A review of enforcement trends and predictions for the year ahead
The outlook for legislative reform and the impact of the 2020 election
Carol Beaumier, Protiviti
Richard M. Alexander, Arnold & Porter
Christopher L. Allen, Arnold & Porter
Marcus A. Asner, Arnold & Porter
Daniel M. Hawke, Arnold & Porter
Tal R. Machnes, Arnold & Porter
Michael A. Mancusi, Arnold & Porter
Kevin M. Toomey, Arnold & Porter
Erik Walsh, Arnold & Porter
Charles Yi, Arnold & Porter
Magali Langhorne, Federal Reserve Bank of New York
Briget Polichene, Institute of International Bankers
We look forward to having you join us.
Please contact Kaitlyn Knause for details.