Understanding the Global Regulatory Environments

Pillsbury partner Deborah Thoren-Peden will present "Understanding the Global Regulatory Environments" at the NACHA Payments Institute on July 17. Ms. Thoren-Peden's global payments program introduces your organization to unique regulatory and compliance requirements. In addition to U.S. payment system rules and regulations, organizations offering or using international payments must understand applicable requirements that govern payment activity in the geographic locations where they do business. This course examines rules, regulations, and jurisdictions, and implications to liabilities and responsibilities, privacy and security, and interdiction, as well as top-line concepts and country-specific aspects. Anti-Money Laundering (AML), anti-terrorist financing, global law enforcement, and the role and mandates of the Financial Crimes Enforcement Network (FinCEN), the Office of Foreign Assets Control (OFAC), and the Financial Action Task Force (FATF) are all reviewed, helping students navigate the global regulatory labyrinth by using available tools and methods to preserve compliance.