The Knowledge Group Has Scheduled a Live Webcast on Extended AML Requirements for Private Equity:

NEW YORK - May 25, 2016 - PRLog -- The Knowledge Group/The Knowledge Congress Live Webcast Series, the leading producer of regulatory focused webcasts, announced today that it has scheduled a live webcast entitled: Extended Anti-Money Laundering Requirements for Private Equity: The Collaboration Between the SEC and FinCEN LIVE Webcast. This two-hour event is scheduled on June 2, 2016 @ 3:00 pm - 5:00 pm EST.

Event Synopsis:

Since January 2015, the U.S. Securities and Exchange Commission (SEC) have been eyeing private equity firms for potential Foreign Corrupt Practices Act (FCPA) violations as they intensify private equity industry scrutiny and FCPA enforcement. In August of the same year, the U.S. Treasury's Financial Crimes Enforcement Network (FinCEN) has issued a notice of proposed rulemaking that would require SEC-registered investment advisers, including private equity and hedge funds, to comply with certain anti-money laundering (AML) regulations. The prescribed AML program requirements would include: filing of suspicious activity reports (SARs); filing of currency transaction reports (CTRs); and vigilance against insider trading, tax evasion and fraudulent schemes. The proposed rule is expected to take its flight in mid-2016, and thus would require advisers to have a crucial advance planning.

Several recent key modifications in anti-money laundering and counter-terrorism financing framework are likely to guide future developments. In 2015, the inter-governmental body Financial Action Task Force (FATF) has released its report on the effectuality of Australia's anti-money laundering and counter-terrorism financing regime. The revisions in the AML now requires all private equity subject to AML obligations and expands how should the Australian government monitor financial transactions and detect money laundering.

In this two-hour LIVE Webcast, a panel of key thought leaders and professionals assembled by The Knowledge Group will provide the audience with an overview of the significant issues as well as recent regulatory updates regarding the Extended Anti-Money Laundering Requirements for Private Equity. The panel will also provide a roadmap on how to best comply with the FinCEN's proposed AML regulations.

Key topics include:

§  Anti-Money Laundering and Counter-Terrorism: An Overview

§  New AML Program Requirements

§  Regulatory Changes in AML Regulations

§  Key Considerations for Investment Advisers

§  US & Australia's AML and Counter-Terrorism Financing Regime

§  Impacts and Implications to Registered Investment Advisers

§  Scope and Limitation of the Proposed Regulation

§  Proposed AML Requirements for Covered Investment Advisers

§  Identifying and Reporting Suspicious Transactions

§  Risks and Legal Challenges

§  Opportunities and Threats for Investment Advisers

Speakers/Faculty Panel

Gilbert + Tobin

Peter Reeves

Special Counsel

Blank Rome LLP

Ian Comisky

Partner

For an updated list of the faculty panel, please visit:

https://theknowledgegroup.org/all-events-list/live-webcasts/event/?ID=extended-anti-money-laundering-requirements-for-private-equity-the-collaboration-between-the-sec-and-fincen-live-webcast

About The Knowledge Group/The Knowledge Congress Live Webcast Series

The Knowledge Group brings together the world's leading authorities and industry participants through informative two-hour webcasts that study the impact of changing regulations and help businesses succeed through proper regulatory compliance.

Visit http://theknowledgegroup.org/ for further information and inquiry.