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 professionals 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.