Patton Boggs Partner Carol Van Cleef will be moderating a PLI panel on anti-money laundering compliance post Dodd-Frank Act. Carol will be joined by representatives from the Federal Reserve Board and the Comptroller of the Currency in a discussion of how the Dodd Frank Act will affect BSA/AML compliance in financial services companies and their subsidiaries and affiliates and what changes they should be anticipating. 

Topics will include:

• How will the Act impact day-to-day BSA/AML compliance efforts of financial institutions?
• What will consolidation of the OCC and OTS mean for the BSA/AML compliance efforts of thrifts?
• Will realignment of holding company regulators affect AML compliance exams of holding companies?
• Will all non-bank subsidiaries of thrift holding companies be subject to BSA and AML compliance requirements? Will they have to file SARs?
• Post Dodd-Frank Act, what are the top three issues institutions should consider when reviewing their BSA/AML/OFAC compliance efforts?  
• What does the new Consumer Finance Protection Board mean for AML compliance? Will it have any impact?

 
Speakers include:

• Nina A. Nichols, Assistant Director, Division of Banking Supervision and Regulation, Board of Governors of the Federal Reserve System
• Debra L. Novak, Chief, Anti-Money Laundering Section, Federal Deposit Insurance Corporation
• Daniel P. Stipano, Deputy Chief Counsel, Office of the Comptroller of the Currency
• Carol R. Van Cleef, Partner, Patton Boggs LLP