Monday, March 22, 2021 | 1:00 pm – 4:00 pm
Dianna Hernandez
Attorney & Compliance Professional Consultant
Citi
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In September, there was a massive leak of financial information. A batch of FinCEN files were leaked to the general public and revealed several banks and financial institutions did not cease doing business with clients known to participate in criminal activity. This breach exposed that over 200,000 suspicious transactions, valued at $2 trillion over a span of approximately 20 years, had taken place and financial institutions had failed to stop money laundering and potentially turned a blind eye to the corrupt dealings of their clients. This CLE Program will further review what the FinCEN leak means to the industry. Key benefits that attendees will gain are how the FinCEN leak affects their firm/clients’ business, what strategies should be implemented in response, and how to help prevent this from occurring in their firm.
Program Fee:
$149 for Members | $249 for NonmembersMembers who are Recent Law Graduates, Newly Admitted Lawyers (admitted for the first time in any state or country 2019-2021), In-House/Corporate Counsel, Judges, or attorneys that practice within the Government, Academic or Not-for-Profit sectors attend this program for free.
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Robert Kim
Senior Legal Analyst, Bloomberg Law
Bloomberg Industry GroupTerri Quintana
Intelligence Research Specialist
Homeland Security InvestigationsDavid Sewell
Debevoise & Plimpton LLPNiketh Velamoor
Senior Vice President
Neuberger Berman -
1:00pm-1:10pm
Introduction of Speakers
Dianna Hernandez1:10pm-1:25pm
History of the Bank Secrecy Act
Robert Kim1:25pm-1:35pm
Explanation of the FinCEN File Leak
David Sewell1:35pm-2:05pm
Regulator’s Perspective – Recently Issued and Existing Guidance for Useful Reporting & the Impact of the
FinCEN Leak
Robert Kim2:05pm-2:15pm
Break2:15pm-2:45pm
Law Enforcement Perspective – How the FinCEN Leak Will Improve the Interactions between Financial Institutions and Law Enforcement Entities
Terri Quintana2:45pm-3:15pm
Challenges Faced by Compliance Officers and Compliance Programs in Response to the FinCEN Leak and De-Risking Highly Risky Clients
Niketh Velamoor3:15pm-3:25pm
Break3:25pm-4:00pm
The Way Forward – How Regulators, Law Enforcement, and Compliance Professionals Will Evolve in the Future/ Q& A
Panel -
New York: 3.0 Professional Practice
New Jersey: 3.0 General
California: 3.0 General
Pennsylvania: 2.5 General
Connecticut: Available to Licensed Attorneys -
Sponsoring Association Committees:
Compliance, Patrick T. Campbell, Chair
Banking Law, Gregory J. Lyons, ChairSponsorship Opportunities are Available! Please Contact:
Angie Avila, Manager, Membership Outreach and Sponsorships | (212) 382-6608 | aavila@nycbar.org