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 […]
News
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 […]
Update on Backpage.com seizure and indictment
The Department of Justice has posted the Backpage.com indictment (https://www.justice.gov/file/1050276/download), a 93-count indictment against the seven individuals who ran Backpage.com […]
Backpage.com has been seized!
Following on the Senate Permanent Subcommittee on Investigation’s January 2017 report titled “Backpage.com’s Knowing Facilitation of Online Sex Trafficking”, it […]
FinCEN publishes FAQs on the new Customer Due Diligence/Beneficial Ownership Rule
FinCEN published the long-awaited, and much-anticipated, FAQs on the new customer due diligence/beneficial ownership rule, which comes into effect on […]