1. Home
  2. |Insights
  3. |PODCAST: Anti-Money Laundering and the New Beneficial Ownership Rule — C&M's Trump: The First Year Series

PODCAST: Anti-Money Laundering and the New Beneficial Ownership Rule — C&M's Trump: The First Year Series

Client Alert | 1 min read | 06.22.17

What does the new beneficial ownership rule mean for lenders and other businesses? As part of our “Trump: The First Year” series, International Trade Group partners Carlton Greene and Cari Stinebower sit down with Commercial Finance & Lending Senior Counsel Scott Lessne to discuss the new rule. Prior to joining the firm in 2015, Carlton served as chief counsel of FinCEN and also worked for OFAC at the Dept. of the Treasury. Cari has previously worked as an attorney advisor for the Office of the General Counsel at OFAC. Scott's practice involves the representation of financial institutions and corporate clients in connection with the negotiation and documentation of commercial, asset-based, project-related, and real estate loan transactions.

Discussed in this 33 minute podcast:

  • An overview of the new CDD rule, including what is covered.
  • How can banks identify beneficial owners? Who is responsible?
  • How does this affect small institutions versus large ones?
  • What new technology might affect this space?
  • What do covered businesses need to know and do?

Click below to listen or access from one of these links:
PodBean | SoundCloud | iTunes

Contacts

Insights

Client Alert | 4 min read | 06.17.26

From Checkout To Opt-Out: The EU Withdrawal Button Is Here – What E-Commerce Businesses Need To Know

From June 19, 2026, all online traders active within the EU are required to provide a “withdrawal button” on their websites and apps. The introduction of this withdrawal button represents a significant shift in the online consumer cancellation landscape. In this alert, we provide an overview of what this requirement means in practice and why compliance is so important....

View All Insights