Venue
Virtual

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Event Date Wed Aug 4 EDT (11 months ago)
Location Virtual
Region All
Details

The recent rise of virtual currency has pushed the value of Bitcoin and all cryptocurrencies to more than $1 trillion. Now, it is more than just a fad as major payment companies, asset management funds and other groups use virtual currency—trading, investing, issuing and shifting cash into cryptocurrency around the world. In this session, learn about the regulatory scrutiny associated with virtual currency, and how your bank could be impacted.

Key Takeaways:
• Identify types of high risk customers
• Understand the competitive need, and challenges, in building these new books of business
• Construct a plan to counter money laundering possibilities that includes enhanced due diligence and ongoing monitoring of higher risk customers
• Review best practices in effective due diligence to minimize risk and maintain compliance standards when onboarding high-risk customers

Speakers

2021 Speakers

Sarah Corneau
Director and Officer of BSA/AML, BankProv

Gabriel Hidalgo
Managing Director, K2 Integrity

Kari Larson
Assistant BSA Officer, BankProv

Mike Lampres
Consultant

Dana V. Syracuse
Parther, Perkins Coie LLP