Recent enforcement actions and FinCEN alerts signal that tougher enforcement of Bank Secrecy Act/Anti-Money Laundering (BSA/AML) regulations is coming. Harris Beach attorney Constantine Lizas, a former DOJ prosecutor and FDIC enforcement attorney, can advise your financial institution on how to avoid becoming a target, defend against negative examination findings or an enforcement action, and help remediate BSA/AML issues.
In addition, Mr. Lizas can guide your institution through the changes that will begin occurring as Anti-Money Laundering Act of 2020 changes are implemented in the coming months. Importantly, he can support your institution’s efforts to implement a risk-based BSA/AML compliance program. Financial institutions should prepare accordingly, particularly in the areas of customer due diligence, beneficial ownership, and suspicious activity reporting. Mr. Lizas guides institutions through compliance efforts – reach out to him for support using the button below.
Mr. Lizas discusses developing, implementing and enhancing efficient, effective, and risk-based Bank Secrecy Act/Anti-Money Laundering (BSA/AML) compliance programs, including conducting customer due diligence, monitoring transactions (including transactions involving digital assets) and filing suspicious activity reports.
On September 29, 2022, the Financial Crimes Enforcement Network (FinCEN) issued the first of three final rules implementing the Corporate Transparency Act’s beneficial ownership information
Join Constantine Lizas, Partner, Harris Beach for a webinar update on BSA/AML regulations so he can help you prepare for increased enforcement. In this webinar,
The Anti-Money Laundering Act of 2020 instituted new regulations on banks and other financial institutions in the fight against financial crimes. As Lead Counsel for
Harris Beach Partner Constantine P. Lizas is serving as a Bank Secrecy Act/Anti-Money Laundering (BSA/AML) adviser this week during a TechSprint sponsored by the U.S.
Recent enforcement actions against banks indicate a new regulator emphasis on digital assets and Bank Secrecy Act/Anti-Money Laundering (BSA/AML) compliance. Last year, Anchorage Digital Bank
With the imposition of sweeping new sanctions on Russia and Belarus following the invasion of Ukraine, the Financial Crimes Enforcement Network has been issuing a series of
Get in touch to discuss how we help financial institutions meet their legal and regulatory obligations.
