Partners Reena Agrawal Sahni, Philip Urofsky and counsel Katherine Stoller hosted a webinar discussion on current developments in AML and sanctions, covering the following topics:
- Even in challenging circumstances, enforcement agencies and regulators have been actively pursuing and settling AML and sanctions related cases
- This panel will discuss some of the recent settlements, including trends in resolution terms, commitments, and penalties
- Of particular focus will be cross-border investigations and coordination among regulators, enforcement actions against individuals, and FinCEN priorities
- In addition, the panel will discuss the regulatory, enforcement and litigation risks for financial institutions around the current pandemic, including after-the-fact scrutiny of lending, monitoring and escalation of potential fraud and money laundering activity
If you have any questions regarding the materials, please do not hesitate to contact the presenters.
This webinar was the second in the webinar series Financial Services Regulation During a Disruption – Current Issues and Looking Ahead.
The next webinar in the series takes place on Thursday, June 25, Developments in Data Privacy and Data Ownership.
Previous webinar: Re-Opening and Extended Remote Work: Considerations for Banks and Broker-Dealers
Originally published June 23, 2020.
The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.