PwC & Orrick Hosted CLE Presentation - What Financial Institutions Should Know About the New AML Law

May.11.2021

Orrick partners Matt Moses and Jeanine McGuinness, along with Vas Chrisos and Jeff Lavine from PwC, led a discussion on “What Financial Institutions Should Know About the New AML Law." An in-depth analysis of the consequential provisions will be discussed:

  • The enhanced whistleblower incentive program for AML violations with increased awards and protections;
  • The expanded authority of the Department of Justice to subpoena documents from foreign banks;
  • The creation of new crimes related to money laundering; and
  • The creation of new punishments for AML violations.

Orrick, Herrington & Sutcliffe LLP is an accredited MCLE provider in the State of California and New York. This continuing legal education course has been approved in accordance with the requirements of the Continuing Legal Education Board and State Bar of California for a maximum of 1.0 credit hour, of which 1.0 credit hour can be applied to the general requirement.

MCLE forms: