Davis Polk partner Dan Stipano will be among the speakers at the Association of Certified Anti-Money Laundering Specialists’ 20th Annual AML & Financial Crime Conference, Las Vegas. Dan will speak on the following panels:

  • “SAR Case Study: From Suspicion to Conviction” 
  • “20/20 Vision: Analyzing the AML Act of 2020”
    • Topics discussed will include:
    • Detailing consequential provisions of AMLA such as expanded whistleblowers rewards and protections to adjust internal policies and procedures as warranted
    • Analyzing the expansion of enforcement and investigative authority of FinCEN as well as the authority of US courts to subpoena foreign institutions
    • Assessing implications of expanded penalties under AMLA such as enhanced fines for repeat BSA violators and potential personal liability for convicted employees of financial institutions
  • “Clear Answers on the Corporate Transparency Act’s Beneficial Owner Registry”
    • Topics discussed will include:
    • Analyzing envisioned role of beneficial ownership registry to combat financial crimes such as tax evasion through use of shell companies and other anonymous vehicles
    • Detailing FinCEN’s progress on developing a secure registry and protocols for information access by law enforcement agencies and financial institutions
    • Reviewing requirements for reporting companies such as exemptions for certain entities, defining “substantial control” and FinCEN timetable for implementation

The event will be held on September 26-29, 2021, in Las Vegas.

For more information, please visit the event website.

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