The Anti-Money Laundering Act of 2020: A Sea of Change in AML Compliance

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With the enactment of the Anti-Money Laundering Act of 2020 and its dramatic set of new laws comes a broad range of fresh anti-money laundering (AML) obligations for banks and other financial institutions, certain private investment structures, and even federal regulators.

In this upcoming webinar, a diverse panel of subject matter experts will discuss highlights of the legislation passed earlier this year. The presentation will specifically cover potential compliance and operational impacts of the Anti-Money Laundering Act such as:

• Creation of the Federal Beneficial Ownership Registry under the Corporate Transparency Act

• The U.S. Government’s enhanced subpoena power over foreign banks

• Enforcement priorities and new crimes and penalties 

• Changes to BSA/AML program requirements 

• Emerging technologies and advanced analytical applications that enable AML 

• New AML whistleblower regime 

• Possible changes to SAR and CTR filing requirements

 

To register for the upcoming live webinar, please Click Here