As part of Crowell & Moring’s ongoing effort to keep clients informed about the most significant developments stemming from the COVID-19 pandemic, we are offering a webinar series focused on issues that are immediate in terms of their impact, as well as issues that are just around the corner. Our focus is helping clients to anticipate issues, take proactive steps, develop appropriate responses, and execute sound legal, business and operational plans.
Tuesday, April 28 at 10:00 am EDT
Emerging Issues in Sanctions, AML and Everything in Between
Managing an AML Program in the Time of COVID-19: Adjusting Operations and Dealing with Paycheck Protection Program Loans Under the CARES Act
Crowell & Moring LLP’s sanctions and anti-money laundering experts bring you the second webinar in our series, Emerging Issues in Sanctions, AML, and Everything in Between in the Time of COVID-19. On April 2nd our team hosted the following webinar: “Virtual” Sanctions Compliance: Managing Your Team and Getting Your Regulatory Updates. We now continue the conversation with that event’s AML counterpart.
During this webinar, Carlton Greene (former FinCEN Chief Counsel), Caroline Brown (Former Treasury and U.S. Department of Justice Attorney) and Erik Woodhouse (Former U.S. Treasury Official & U.S. State Department Attorney), will discuss:
- AML Operations Best Practices during COVID-19
- Discussion of Financial Crimes Enforcement Network (FinCEN) Guidance
- Discussion of Federal Financial Institutions Examination Council (FFIEC) Guidance
- Internal Considerations (Messaging, Coordination, Automation, Risk Assessments, and Contingency Plans)
- External Considerations (Customer Circumstances, Regulatory Flexibility, and Communication with Regulators)
- New Risks and Activity Patterns
- Quality versus Speed
- Conducting Customer Diligence During COVID-19
- Beneficial Ownership & Paycheck Protection Program Loans Under the CARES Act
Dress Code: Still sweatpants.