1. Home
  2. |Insights
  3. |Emerging Issues in Sanctions, AML and Everything in Between in the Time of COVID-19: 2020 AML & Sanctions Risk Considerations for Digital Assets Companies

Emerging Issues in Sanctions, AML and Everything in Between in the Time of COVID-19: 2020 AML & Sanctions Risk Considerations for Digital Assets Companies

Webinar | 05.19.20, 5:30 AM EDT - 6:30 AM EDT

Register

For Crowell & Moring LLP’s next event in our series, Emerging Issues in Sanctions, AML, and Everything in Between in the Time of COVID-19, our Global Head of Blockchain & Digital Assets, Michelle Gitlitz, will moderate a discussion on the AML & Sanctions risks that digital assets companies are currently grappling with.


Join us from the comfort of your home office (couch, bed, bathroom—we see you working parents), to hear our AML & Sanctions pros discuss the following pressing topics:


How Do AML and Sanctions Laws Apply to Digital Assets? What are the Key Regulatory Risks?

  • What kinds of digital assets businesses are subject to AML regulation?
  • What kind of AML obligations do regulated entities have?
  • How do sanctions apply to digital assets transactions, assets, and wallets?
  • What sanctions obligations do digital assets businesses have?

Potential Areas for AML and Sanctions Enforcement for Digital Assets in 2020

  • Unregistered money transmitter
  • Inadequate AML programs and failure to file SARs
  • The Funds Transfer and Travel Rules
  • OFAC’s interest in digital assets companies 
  • Expert advice on virtual currency to sanctioned parties 

The potential Impact of COVID-19

  • Is there an increase in the use of cryptocurrency by sanctioned persons, money launderers and fraudsters during COVID-19?

For more information, please visit these areas: Corporate and Transactional, International Trade, White Collar and Regulatory Enforcement, Privacy and Cybersecurity

Contact

Participants

Insights

Webinar | 03.12.26

On-Going Government Audits of Small Business Programs: Why the Federal Government’s Focus on ‘Waste, Fraud, and Abuse’ Impacts Both Large and Small Contractors

The federal government has identified purported ‘waste, fraud, and abuse’ in small business programs as a major focus of its current enforcement efforts. As it relates to federal procurement, we have seen audits and investigations rolled out not only of active participants in the Small Business Administration’s 8(a) Business Development Program but also reviews of various types of small business contracts (such as 8(a) sole source and set-aside awards, preference-based awards, and small business set-aside awards over particular values). Join Crowell & Moring as we discuss what aspects of contract performance and teaming arrangements are being scrutinized (e.g., size/status eligibility, limitations on subcontracting compliance, reasonableness of market rates, etc.) and how these considerations can impact both small government contractors holding the prime contracts under review and their subcontractors. ...

View All Insights