KPMG to Host Seminar on Money Laundering Implications
Banks and intermediary accounts are under the microscope as Congress and other regulators tighten their grip on anti-money laundering efforts. Senior banking officials are looking for new ways to protect their institutions in light of this activity.
KPMG’s Forensic and Litigation Services Practice will hold a Money Laundering Implications for Correspondent Bank and Other Intermediary Accounts seminar that will explore pending anti-money laundering legislation and "know your customer" obligations.
The seminar will be held on Tuesday, April 11, from 8:00 a.m. to 11:30 a.m., in the Starlight Room on the 18th Floor at the Waldorf Astoria Hotel, 301 Park Avenue, between 49th and 50th Streets.
Former assistant U.S. attorney and unit chief in the Southern District of New York's U.S. Attorney's Office, Ellen Zimiles, will moderate a panel that includes leaders from the U.S. Department of Justice and the Treasury and other officers from global financial institutions.
Voice of the Editor
Which isn’t completely true. I mean, occasionally I drop by when I manage to sneak out of the nonstop frat party over at Going Concern, but I’m mostly a wallflower over there. I’m happy to say that I’ve been given express permission (or explicit orders, if you like) to wander over here to AccountingWEB more often.
Why is that, you might ask? My job is to replace the irreplaceable Gail Perry as Editor-in-Chief. What does that mean? I don’t really know! I think it’ll be fun getting a feel for things, throwing in my own thoughts here and there, and listening to the discussions you’re having about the accounting profession.