The FinCrime industry has been waiting for regulatory reform. Now that the Anti-Money Laundering Act (AMLA) of 2020 is law, we see FinCEN and the regulatory agencies taking action to implement desperately needed change. Beneficial ownership is getting the attention and direction it deserves. Regulations are being written to support the FinCEN Priorities and give the industry much-needed guidance. Are you ready? This session will discuss the current legislative and regulatory climate and provide tips on knowing what your financial institution should do now to prepare.
WHY SHOULD YOU ATTEND?
Regulations coming out of AMLA are finally rolling out, and financial institutions must be ready. This session will enable compliance professionals to understand new legislative requirements and other guidance, which will assist in getting their AML/CFT programs exam ready.
AREA COVERED
- AMLA
- Beneficial Ownership Registry
- FinCEN Priorities
- Culture of Compliance
LEARNING OBJECTIVES
- Understand AMLA and how to create a project plan for future regulations/guidance
- Know how to enhance policies, procedures, and processes for areas that will gain regulatory scrutiny
- Be prepared to respond to FinCEN notices and requests for comment – let your voice be heard!
WHO WILL BENEFIT?
- Chief Risk Officers
- Chief Compliance Officers
- BSA Officers
- OFAC Officers
- AML Investigators/analysts/specialists
Regulations coming out of AMLA are finally rolling out, and financial institutions must be ready. This session will enable compliance professionals to understand new legislative requirements and other guidance, which will assist in getting their AML/CFT programs exam ready.
- AMLA
- Beneficial Ownership Registry
- FinCEN Priorities
- Culture of Compliance
- Understand AMLA and how to create a project plan for future regulations/guidance
- Know how to enhance policies, procedures, and processes for areas that will gain regulatory scrutiny
- Be prepared to respond to FinCEN notices and requests for comment – let your voice be heard!
- Chief Risk Officers
- Chief Compliance Officers
- BSA Officers
- OFAC Officers
- AML Investigators/analysts/specialists
