AML and Bank Secrecy Act Compliance: Increased Enforcement and Customer Identification Requirements
Recording of a 90-minute CLE video webinar with Q&A
This CLE course will provide corporate counsel guidance on creating compliance with Anti-Money Laundering and Bank Secrecy Act obligations. The panel will address the increased enforcement of these statutes and the escalating fines and penalties imposed on companies for AML violations.
Outline
- AML/BSA
- Prior history
- Current enforcement
- Recent violations and fines
- Joint statement from the administrative agencies
- Compliance program requirements
Benefits
The panel will review these and other important topics:
- What is the history of enforcement of AML/BSA?
- What are recent penalties issued under AML/BSA, and what were the alleged violations?
- What are the best practices for creating a compliance program under the administrative joint statement?
Faculty
Rachel Maimin
Partner
Lowenstein Sandler
Ms. Maimin has extensive trial experience in federal criminal proceedings and a strong background in internal... | Read More
Ms. Maimin has extensive trial experience in federal criminal proceedings and a strong background in internal investigations. After more than eight years as a federal prosecutor, she now defends individual and corporate clients in matters involving allegations of financial and other white collar crimes. In the U.S. Attorney’s Office for the Southern District of New York (SDNY), Ms. Raimin worked on some of the Office’s most high-profile cases, including United States v. Michael Cohen, where she acted as a senior prosecutor in the investigation and prosecution of the personal attorney to the President of the United States. She was also lead prosecutor on the largest-ever gang investigation and prosecution in New York City history, which resulted in the arrest and prosecution of 120 leaders and members of two rival gangs.
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Michael M. Rosensaft
Partner
Katten Muchin Rosenman
Mr. Rosensaft helps individual clients at what is often the greatest crisis of their lives — facing government... | Read More
Mr. Rosensaft helps individual clients at what is often the greatest crisis of their lives — facing government prosecutors — and advises corporate clients through difficult and complex enforcement investigations. Whether it is responding to a regulatory subpoena, overseeing an internal investigation of employee wrongdoing or advocating for individuals in front of a jury, he devotes his efforts to ensuring his clients are protected. A litigator with years of courtroom experience, Mr. Rosensaft defends individuals and companies through every stage of investigations and enforcement actions. And as a former AUSA, he understands government investigations and prosecutions from the inside and uses that knowledge to gain advantages for his clients.
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