On April 27, 2021, Bryan C. Skarlatos participates in a panel entitled “A New Regime of Transparency: Anti-Money Laundering and Corporate Transparency Acts of 2020 and Expansion of Cryptocurrency Reporting” for the American Bar Association Section of Taxation.
Overview: This two hour program covers the substantial legislative changes made by the Anti-Money Laundering and Corporate Transparency Acts of 2020 and the recent expansion of cryptocurrency reporting announced by FinCEN. This is the first major overhaul of the Bank Secrecy Act (“BSA”) in fifty years. The program will cover the expanded powers and duties of FinCen highlighting AML priorities and regulations, streamlining Currency Transaction Reporting (“CTR”) , Suspicious Activity Reporting (“SAR”); the creation of a FinCEN Exchange; and inter-agency coordination and information sharing. The program will also cover the new federal beneficial ownership reporting regime creating a FinCEN beneficial ownership registry and new whistleblowing provisions provided for money laundering violations permitting a reward of up to 30 % of what has been collected as monetary sanctions.
Moderator: Steven Toscher, Principal, Hochman, Salkin, Toscher, Perez
Bryan C Skarlatos, Partner, Kostelanetz & Fink LLP
Andrew Winerman, Acting Deputy Associate Director of FinCEN’s Strategic Operations Division
Deborah Connor, Chief, Money Laundering and Asset Recovery Section, U.S Department of Justice
Evan Davis, Principal, Hochman, Salkin, Toscher, Perez P.C.
Ian M. Comisky, Partner, Fox Rothschild LLP
Stephanie L. Brooker, Partner, Gibson, Dunn & Crutcher LLP
Click here for more information and to register. Please sign in by 12:15 pm for pre-call.