Compliance: Where EU Directives and U.S. Regulations Conflict.

Because money laundering cases often cross national borders, legal disparities routinely arise. One perpetual battle is being fought between courts in one country that insist on disclosures that are illegal in another country on privacy grounds. In a global economy with billions of transactions a day, requests for information captured electronically are becoming more common. Unlike the European Union (EU), the U.S. has no comprehensive privacy law. How should you deal with multinational requests without violating EU or U.S. rules? This session will guide you through the legal wrangling so you can understand your obligations and stay out of trouble on both sides of the Atlantic.

Speakers:

Simon Dilloway
Simon has extensive experience as an NTFIU team leader conducting financial investigations of high priority terrorist targets in conjunction with the British intelligence agencies and the anti-terrorist branch. He was the author of the definitive report on the costing and funding of the London Bombings on 7th July 2005, the findings of which were used in the UK Home Office Narrative Report on the attack. He is a specialist in organized crime, anti-corruption, terrorist financing, anti-money laundering, financial investigation and analysis, financial crime investigation, financial and criminal intelligence systems, and the provision of training in those areas. His countries of experience include UK, France, Sweden, Italy, Greece, Cyprus (North and South), Bulgaria, Russia, Armenia, Czech Republic, Canada, Bahamas and the United Arab Emirates.

Rosemary Jay
Rosemary is a Partner in the Outsourcing, Technology & Commercial Group and National Head of Information Law for Pinsent Masons. The Information Law team is one of the largest and most experienced providing advice, representation, training and consultancy on all privacy, confidentiality, data protection, access and related information law issues to public bodies, multi-nationals and private organizations. Rosemary has 20 years experience advising organizations on information law issues including 12 years spent as head of Legal at the Office of the Data Protection Registrar. She is the co-author of 'Data Protection Law & Practice' published by Sweet & Maxwell and an editor of the 'White Book’. Rosemary has also worked with the Council of Europe and the European Commission on privacy issues in Europe and the Commonwealth Secretariat in West Africa.

Recorded: September 12, 2007

The more you buy, the more you save!