Anti-money laundering considerations for security and commodity derivatives
Part of the L&C webinar series13 May 2021 • 10:00 AM - 11:00 AM ET
In 2018, the CFTC Division of Enforcement established a Bank Secrecy Act task force dedicated to investigating and enforcing AML regulations. In October 2019, the CFTC, the SEC and FINCEN issued a joint statement highlighting the importance of AML compliance in matters involving securities, commodities, derivatives and digital assets. Since then the CFTC, SEC, FINCEN and DOJ have initiated numerous investigations of alleged AML deficiencies, and pursued civil and criminal actions enforcing AML compliance. In this webinar, we will discuss recent AML enforcement investigations and actions, cooperation among the various US and foreign agencies, best practices and compliance considerations for security- and commodity-based instruments and digital assets, and risk mitigation measures.
|Moderator:||Michael Sorrell, Deputy General Counsel, FIA|
|Presenters:||Michael Spafford, Partner, Paul Hastings LLP
John Nowak, Partner, Paul Hastings LLP
Tom Best, Partner, Paul Hastings LLP
Thursday, 13 May 2021 | 10:00 a.m. – 11:00 a.m. EST
This webinar is intended for informational purposes only and is not intended to provide investment, tax, business, legal or professional advice. Neither FIA nor its members endorse, approve, recommend, or certify any information, opinion, product, or service referenced in this webinar. FIA makes no representations, warranties, or guarantees as to the webinar’s content.