The Anti-Money Laundering Act of 2020 – What You Need to Know and When You Need to Know It
The Anti-Money Laundering Act of 2020 (AMLA), which was signed into law on January 1, 2021, is intended to (1) improve agency coordination and information sharing; (2) adapt laws to new and emerging threats; (3) encourage technological innovation; (4) reinforce the nature of “risk-based” programs; and (5) establish a beneficial ownership database and related reporting requirements.
Webinar
Michael Preston
The AMLA contains a number of revisions to the Bank Secrecy Act (BSA) which will require financial institutions to make changes to their compliance programs. In addition, the AMLA commissions a number of studies and reports which may result in additional changes to the BSA and/or the issuance of new guidance.
Join Guidehouse and Pillsbury as we provide a general overview of the AMLA and the timelines associated with its various provisions.
Speakers
Deborah S. Thoren-Peden
Partner
Non-Firm Speakers
Alma Angotti, Partner, Financial Services, Global Legislative & Risk Leader, Guidehouse
Ellen Zimiles, Partner, Financial Services Segment Leader, Guidehouse
Sponsor
Guidehouse