Course Level:

Intermediate

Advance Preparation:

Print and review course materials

Method of Presentation:

On-Demand Webcast

Prerequisite:

General knowledge of banking and finance laws

Course Code:

1411045

Total Credit:

CLE Credit:

CA CLE 1.00 General - Approved Until: 2/18/2027

PA CLE 1.00 General - Approved Until: 2/18/2027

VT CLE 1.00 General - Approved Until: 12/31/2027

NJ CLE 1.00 General - Credits through Reciprocity

NY CLE 1.00 Areas of Professional Practice - Credits through Reciprocity

AR CLE 1.00 General - Credits through Reciprocity

CT CLE 1.00 General - Credits through Reciprocity

NH CLE 1.00 General – Meets the requirements of NH Supreme Court Rule 53

MO CLE 1.00 General - Approved Until: 2/18/2025

Pending CLE Application:

WI, GA, TN

Self-Apply:

AL, CO, DE, FL, ID, IL, IN, IO, KS, KY, LA, NC, ME, MN, MS, MT, NE, NV, NM, ND, OH, OK, OR, SC, TX, UT, VA, WA, WV, WY

If you’d like us to apply for CLE, you may opt to pay the CLE processing fee here.

No MCLE Requirements:

DC, MD, MA, MI, SD

Not Eligible for CLE:

AK, AZ, HA

Karen Schnell, CISSP, CAMS, CGSS, CFE, CFCS, LSSBB, PMP, PMI-ACP, Senior Director - Financial Services
FTI Consulting

Jennifer J. Schulp, Director of Financial Regulation Studies
Cato Institute

Karen Schnell, CISSP, CAMS, CGSS, CFE, CFCS, LSSBB, PMP, PMI-ACP, Senior Director - Financial Services

FTI Consulting

• Best Practices for Risk Assessment and Mitigation – In June 2024, FinCEN published a Proposed Notice of Rule Making to require financial institutions to establish, implement, and maintain effective, risk-based, and reasonably designed AML/CFT programs. This program will address some of the critical elements for conducting and applying risk assessments.
• Role of Emerging Technologies in Enhancing Compliance Processes – The use of AI in the financial industry is expanding rapidly. This program will address, at a high level, the potential and possible pitfalls of using AI to fight financial crime.
• Impact of Regulatory Changes and Areas of Regulatory Focus – Legislators and regulators are looking more closely at the flow of funds from fraud, including areas such as romance schemes and cryptocurrency investment schemes. This program will discuss emerging schemes and regulatory outlook for combatting fraud and the money flows from such fraudulent activities.

Jennifer J. Schulp, Director of Financial Regulation Studies

Cato Institute

• Ongoing Litigation on the Corporate Transparency Act – The Corporate Transparency Act has been subject to legal challenge, resulting in two district courts questioning its constitutionality. This program will provide an update an overview of the court decisions, the status of the litigation, as well as the status of the reporting obligation.
• Outlook for BSA/AML Reform – BSA/AML reform has increasingly been a topic of discussion on Capitol Hill, including the application of the existing BSA/AML framework to digital assets and decentralized finance. Heightened interest in financial privacy and investigations into debanking have also increased the prominence of AML reform discussions, both in terms of enhancing the effectiveness of the framework and in consideration of wholesale reform. This program will provide an overview of BSA/AML issues currently under consideration by Congress.

• Banking & Finance Lawyers/Consultants
• BSA/AML Professionals
• Financial Compliance Professionals
• Risk Management Professionals
• Top Level Management from Banking & Financial Institutions
• General/In-house Counsel