Jim Richards joins Deloitte as a Senior Advisor As Michael Shepard of Deloitte posted to his LinkedIn page: “I’m so […]
Category: RegTech
US v Rabobank NA, SD CA 18CR00614 – Does it pose questions every BSA Officer needs to ask?
On February 7, 2018, Rabobank NA pleaded guilty to a charge of conspiracy to defraud the United States and corruptly […]
FinCEN Director Ken Blanco testifies on the new CDD/Beneficial Ownership Rule
House Financial Services Committee – FinCEN Director Blanco Written Testimony 5-16-18 What is interesting is what Director Blanco did not […]
“The Courage To Change” Podcast has been published
https://www.jsbarefoot.com/podcasts/2018/5/14/the-courage-to-change-former-wells-fargo-bsa-officer-jim-richards Please take the time to listen to Jo Ann Barefoot’s podcast. The notes provide: THE COURAGE TO CHANGE: FORMER […]
Beneficial Ownership – a Centralized Registry is the Key!
Requiring financial institutions to collect the (one to five) names and PII of what may or may not be the […]
Jim Richards featured in two podcasts
Thomson Reuters Legal Executive Institute podcast on the beneficial ownership rule, with Holly Sais Phillippi, Partner Director in Governance, Risk & […]
Dress Appropriately – AML Policies, Procedures, and Policedures
https://work.qz.com/1242801/gms-dress-code-is-only-two-words/ “As chief executive at General Motors, Mary Barra practices what she preaches. Her management philosophy is epitomized by GM’s […]
SBA’s new Marijuana Business Policy – Is SBA-backed lending to the budding indirect marijuana industry up in smoke?
On April 3rd, the US Small Business Administration issued a benignly-titled policy notice that could have a profound impact on […]
Public/Private Sector Partnership in Combating Financial Crime: The More Things Change, The More They Stay The Same
“Operationalizing the provisions of the Bank Secrecy Act and USA PATRIOT Act has been and continues to be a complex […]
Beneficial Ownership is less than a month away
I’m predicting some chaos, lots of gnashing of teeth and wringing of hands, Media and Social Media !WTF?! and Congressional !Calls to […]