Wednesday, October 25, 2017 | 6:00 pm – 9:00 pm
Program Chair:
Aditi B. Pascual, Legal and Compliance Attorney, Standard Chartered Bank
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Anti-Money Laundering (“AML”) regulations based on the Bank Secrecy Act (“BSA”) and the Office of Foreign Asset Control (“OFAC”) seek to stop fraudsters from using financial institutions to “legitimize” the proceeds of their ill-gotten gains. There has been a steady uptick in supervisory and enforcement actions involving BSA/AML/OFAC issues for all types of financial institutions, coupled with sterner warnings from regulators.
Many newer attorneys have opted for careers in compliance, notably BSA/AML/OFAC. Other in-house lawyers may serve as “counsel” to the company BSA Officer. The purpose of this CLE is to a) introduce lawyers to a career path in Anti-Money Laundering; b) discuss best practices in developing a comprehensive BSA/AML & OFAC policy; and c) discuss recent trends from the regulators.
Live Program: $229 Member | $329 Nonmember
In-House Counsel: $149 Member | $249 Nonmember -
David B. Massey
Richards Kibbe & Orbe LLPJohn W. Moscow
BakerHostetler -
6:00 pm – 6:10 pm Introduction to BSA/AML/OFAC Compliance 6:10 pm – 7:40 pm Developing a Comprehensive Plan - Understanding BSA
- Understanding OFAC
- Understanding your Institution/Risk Analysis
- Applying Procedures to Help Detect and Prevent Money Laundering
- General Best Practices
7:40 pm – 7:50 pm Break 7:50 pm – 8:50 pm The Regulators - Current Areas of Interest for Examination
- Handling an Audit – Internal and Examiners
- Recent Enforcement Actions/Lessons Learned
8:50 pm – 9:00 pm Q&A -
NY: 3.0 professional practice
NJ: 3.4 general
CA: 3.0 general
PA: 2.5 general -
Sponsoring Association Committees:
Compliance | Michael McMaster, Chair
In-House Counsel | Darryl W. Gibbs, Chair
White Collar Crime | Michael S. Schachter, ChairSponsorship Opportunities are Available! Please Contact:
Maricela Alfonso| Membership and CLE Relations Associate | (212) 382-6608 | MAlfonso@nycbar.org
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