New Sheriff in Town — AML and Sanctions Under the New Administration

59 minute watch | December.10.2020

We saw momentum building in the past few years for significant changes to Bank Secrecy Act/anti-money-laundering enforcement and compliance, but new administrations bring their own priorities and initiatives. Orrick attorneys James Parkinson and Ben Hutten discussed how the Biden administration could change the AML and sanctions landscape for U.S. and foreign financial institutions. The webcast addressed:

  • Whether the momentum for change continues, including anticipated regulatory and legislative developments
  • The continuing effect of Covid-19 on AML and sanctions compliance
  • Potential changes to sanctions on Iran and Cuba
  • The possible impact of nascent financial sanctions on China
  • Enforcement trends and future directions

Webinar filmed prior to the combination of Buckley and Orrick in 2023.

The information contained herein is for informational purposes only, does not constitute legal advice, and does not necessarily reflect the opinions of Orrick or any of its attorneys or clients. This presentation is not intended to create, and does not create, an attorney-client relationship between you and Orrick, or any of the presenters, and you should not act or rely on any information in this presentation without consulting legal counsel. The information contained in this presentation may or may not reflect the most current legal developments. Accordingly, information in this presentation is not promised or guaranteed to be correct or complete, and it should not be considered an indication of future results. Orrick expressly disclaims all liability in respect to actions taken or not taken based on any or all of the contents of this presentation.