The ENABLERS Act is intended to close a “loophole that crooks and kleptocrats can sail a yacht through” said Representative Tom Malinowski (D-NJ).  In Miami we are no strangers to money laundering and corruption. As such, this webinar will discuss the potential impacts of this legislation: The webinar will cover:

1. the proposed enhanced due diligence requirements for Designated Non-Financial Business and Professions (“DNFBPs”) (e.g., lawyers and accountants)
2. the current FinCEN Priorities which include corruption
3. the current Politically Exposed Persons (“PEP”) lists and trends observed in international guidance for DNFBPs
4. US Sanctions Programs have placed a large emphasis on South America and this presentation will explore the basis for this spotlight.

The presentation will provide the audience with data driven insights that can enhance the customer and institution level AML/Sanctions risk assessments.