Asset managers face broad criminal money laundering restrictions and complex U.S. economic sanctions prohibitions. Enforcement of these prohibitions is aggressive and asset managers are increasingly targeted by criminal and regulatory enforcement authorities. To mitigate these risks, managers should adopt robust, risk-based policies and procedures.
In this complimentary webcast hosted by the ACA Compliance Group, RK&O associate Jamie Schafer joined Alvaro Soto, Senior Principal Consultant at ACA, and discussed the types of sanctions and money laundering risks asset managers face and best practices to mitigate those risks.
Richards Kibbe & Orbe LLP is an Accredited New York State CLE Provider. This live transitional/non-transitional program has been approved for newly admitted and experienced attorneys in accordance with the requirements of the NYS Continuing Legal Education Board for 1.0 hr. Professional Practice credit.