Financial Intelligence for Insurers

Emerging Threats & Modern Modes of Financial Crime Related to AML & Sanctions

January 24, 2019 11:15am

Ross Delston, CAMS
Attorney + Expert Witness
Law Office of Ross Delston (Washington, DC)

Carlton M. Greene
Crowell & Moring LLP (Washington, DC)

  • The threat and regulatory aspects of cryptocurrencies: FinCEN and OFAC guidance on cryptocurrency; state actor use of cryptocurrencies; anonymity in exchanges and tokens; treatment of tokens as virtual currency versus securities or commodities; enforcement; BTMs; and the international standards of the Financial Action Task Force (FATF) 40 Recommendations
  • Fintech: What are the Federal banking regulators doing and why are they doing it – Federal and state law challenges
  • Real estate: The solution of choice for money laundering on a global scale – civil forfeiture cases (e.g. Prevezon, 1MDB); Geographic Targeting Orders (GTOs); potential for rulemaking in the real estate space