Podcasts

Episode 11:
Jim Richards

Jim Richards, founder of RegTech Consulting, LLC, provides his insights on the CTA and FinCEN’s efforts to finalize implementing regulations.

Jim Richards is the founder of RegTech Consulting, LLC and is an expert on anti-money laundering legal compliance. He recently testified before Congress on the Corporate Transparency Act and the delays involved in implementing FinCEN’s regulations. Jim provides his insights on the CTA and FinCEN’s regulatory efforts.

Episode 10:
Jim Lee, Chief, IRS Criminal Investigative Division

Jim Lee is the Chief of the Criminal Investigative Division of the IRS, overseeing a worldwide staff of approximately 3,100 employees, including 2,100 special agents in 20 Field Offices and 11 foreign countries.

As head of the IRS Criminal Investigative Division, Jim Lee is one of the primary law enforcement officers in the U.S. with responsibility for investigating and prosecuting money laundering, tax evasion and related financial crimes.

The CI division uses data collected under the Bank Secrecy Act as part of its investigative mission. In our discussion, Mr. Lee describe the potential for using data collected from reporting companies under the Corporate Transparency Act beginning in 2024.

Episode 9:
Inna Ganz / USTAXFS

Inna Ganz, Director of Corporate Tax for USTAXFS in Geneva, Switzerland, speaks with the FinCEN Report about unique issues facing European investors trying to comply with the Corporate Transparency Act.

Episode 8:
Claus Christensen

Claus Christensen is the CEO and co-Founder of Know Your Customer Limited, a global provider of KYC and Customer Due Diligence solutions for banks and other financial institutions.

We discuss the differences between corporate transparency requirements in the U.S., Europe and Asia and the challenges for banks and other financial institutions in managing global AML obligations.

Episode 7:
Dr. Nicholas Gilmour

Dr. Nicholas Gilmour is a co-author of The War on Dirty Money, a book that explores the successes and failures of the past several decades in the fight against money laundering.

We talk about what law enforcement can do better to fight money laundering and how public policy so far has failed to balance prevention with law enforcement.

Dr. Gilmour is a former New Zealand FIU senior advisor and law enforcement professional with expert knowledge of risk-based supervision and developing policies for the supervision of Designated Non-Financial Businesses and Professions (DNFBPs).

A published scholar with excellent academic and practical knowledge of the money-laundering risks and methodologies. Now an independent consultant / advisor working with governments and private sector organizations worldwide to deliver improved results in the areas of financial crime, analysis and information and intelligence sharing.

Episode 6:
Sarah Beth Felix

Sarah Beth Felix, Founder and CEO of Palmera Consulting, talks about the Anti-Money Laundering compliance and the Corporate Transparency Act.

Sarah Beth Felix is an AML compliance expert and the Founder and CEO of Palmera Consulting. Sarah Beth consults with banks and other financial organizations about anti-money laundering compliance.

With more than 20 years of experience, Sarah Beth is recognized in the compliance industry for her ability to navigate and operationalize global AML/CTF regulations to custom fit various environments and risk profiles. In remediation and software validation roles, she envisions and implements technological changes to maximize efficiency throughout an institution’s compliance regime. She is considered an expert in distilling FATF, Wolfsberg, EBA, and FinCEN guidance into actionable and effective risk-based programs.

Episode 5:
Harry Dixon and the Access NPRM

Harry Dixon, Vice President, Global Financial Crimes Exam and Audit Management, MUFG Bank, Ltd., talks about the Corporate Transparency Act and FinCEN’s Access NPRM.

Harry is an attorney and has responsibility for managing audits and countering financial crimes at his institution. Harry analyzes FinCEN’s Access NPRM and the way it may affect the ability of banks to utilize the BOI data that FinCEN will collect under the Corporate Transparency Act.

Episode 4:
Tony Soukenik

Tony Soukenik with the Sandberg Phoenix law firm talks about legal ethics and the duties of attorneys under the Corporate Transparency Act.

Tony is a corporate attorney and is leading his firm’s efforts to advise clients regarding the Corporate Transparency Act. A key issue Tony has determined is the duty an attorney owes under the rules of legal ethics to educate clients about the Corporate Transparency Act.

Episode 3:
Matthew Erskine

Understanding the difference between FinCEN’s final rule on beneficial ownership reporting and FinCEN’s ANPRM on access to beneficial ownership data.

Interview with Matthew Erskine, an attorney at the Massachusetts law firm of Erskine & Erskine. Matthew Erskine is a contributing author to Forbes and practices in the area of trusts and estates. We discuss the future application of the Corporate Transparency Act and FinCEN regulations on trusts and estates and some of the unique problems involving trusts.

Episode 2:
Professor Ola Tucker

The latest news about FinCEN and Professor Ola Tucker tells us about her new book: The Flow of Illicit Funds, A Case Study Approach to Anti-Money Laundering Compliance.

Professor Tucker is a professor of law at Widener University and an expert on AML compliance.

Episode 1:
Bryan Jacoutot

Top five things to know about FinCEN’s final rule on beneficial ownership reporting.

Interview with Bryan Jacoutot, an attorney at the Atlanta law firm of Taylor English Duma. Bryan Jacoutot is the author of a white paper on securities law regulation of cryptocurrency. We discuss the future of cryptocurrency and its impact on anti-money laundering and FinCEN regulations.