The fight against Money Laundering from a legal/ regulatory (and auditing) perspective was most notably launched in 1970 with the passage of the ‘Bank Secrecy Act’ (BSA). Since that time, various additional (Anti) Money Laundering (AML) laws and regulations have been enacted, which have served to further strengthen requirements for internal controls (and auditing thereof). After 9/11, Congress passed the USA PATRIOT Act, which included major expansion of BSA related regulations. Most recently in January 2021, the Ant-Monel Laundering Act of 2020 was passed into law and includes some of the most sweeping updates to date in this critical area of compliance. While very significant to financial institutions and auditors, (Anti) Money Laundering laws/ regulations are everybody’s business! In this highly engaging and informative half day session, you will: discover the fundamentals of AML compliance programs and controls; learn key application strategies for integrating AML and operations controls (and auditing thereof); become better aware of what your bank knows about and potentially reports on to the government about you, when it comes to your financial activities / transactions; and review the latest trends and updates in AML compliance including cryptocurrency related implications on monitoring and reporting programs.
James D. (Jim) Hallinan is the Founder, Owner, and Leader of GO2 JH Communications and Consulting. Jim is a growth opportunity oriented (GO2) personal, professional, organizational development, governance, leadership, audit and risk management / control trusted coaching, training and consulting resource partner, and inspirational – motivational communications leader. Jim has over 30 years of diversified corporate and independent consulting and training experience and has been a speaker at various in-house, professional/ organization, client conferences, and training events. During his corporate career, Jim managed relationships and assignments throughout the U.S. and internationally in London, Hong Kong, Japan, Australia, and Taiwan. Jim’s life / work mission is to help enlighten (‘bring forth the light from within’), inspire, empower, and support people from all walks and stages of life, teams, groups, and organizations of all types and sizes, and families, schools and communities everywhere, in their quests to create significant, positive, sustainable change; tap more fully into / unleash their inner genius, infinite creativity, and unlimited potential; and experience ever-increasing levels of growth, fulfillment, and success!
