Shearman And Sterling

Event Nov 13, 2019

AML: An Insider's View

  • London

Shearman & Sterling hosted a breakfast seminar on Wednesday, November 13 on "AML: An Insider's View."  

Partner Susanna Charlwood (London-Litigation) chaired a panel discussion between partners Thomas Donegan (London-Financial Institutions Advisory & Financial Regulatory) and Philip Urofsky (Washington, D.C.-Litigation), Of Counsel Simon Dodds (London-Financial Institutions Advisory & Financial Regulatory) and Mathew Orr (London-Litigation).  

This is a unique opportunity to hear from a former FCA and SFO lawyer who recently joined the firm, as well as our London-based and U.S. partners on the latest developments in this area.   

Topics included:  

  • Recent trends in AML policy and enforcement The drivers behind regulatory and law enforcement action in this area
  • The transposition of the Fifth Money Laundering Directive and other potential AML reforms, such as changes to the SARs regime and the introduction of “failure to prevent” offenses
  • The possible effects of Brexit on AML compliance 
  • Consideration of how the U.K. and U.S. AML regimes compare and the level of cooperation between the two jurisdictions.