MADISON, Wis.–The World Council of Credit Unions (WOCCU) will host a webinar Nov. 19 on COVID-19 Related Money Laundering and Terrorism Financing Risk.
The webinar is scheduled to begin at 10 a.m. ET.
WOCCU noted this is the second in a series of bimonthly webinars hosted by World Council of Credit Unions’ COVID-19 Response Committee.
“The COVID-19 pandemic has led to unprecedented global challenges, human suffering and economic disruption,” WOCCU said. “This webinar will feature representatives from the Financial Action Task Force, the independent inter-governmental body recognized for setting global standards for anti-money laundering and counter-terrorist financing responsibilities; World Council of Credit Unions, and AML Rightsource, a firm solely focused on helping financial institutions find Anti-Money Laundering/Bank Secrecy Act (BSA) and financial crimes compliance solutions.”
The Presentations
WOCCU said the webinar will feature presentations on:
- The challenges, good practices and policy responses to new money laundering and terrorist financing threats and vulnerabilities arising from the COVID-19 crisis, by Shana Krishnan, Policy Analyst with the FATF.
- How credit unions and other cooperative financial institutions must advocate for proportional treatment on AML/CFT regulations, with Andrew Price, WOCCU SVP-advocacy, and John Byrne, CAMS, EVP and chairman of the AML RightSource Advisory Board.
To register, go here.