Managing Anti-Money Laundering Compliance Risk for Financial Institutions


May 12, 2015
8:30am - 10:30am


Promontory Financial Group
280 Park Avenue, 11th Floor
New York NY

Anti-money laundering (AML) regulation, compliance and enforcement have occupied the agendas of regulators and financial institutions, as well as news headlines. In the United States, federal enforcement of U.S. AML and related laws and regulations has been robust. In New York, the Department of Financial Services has taken a more active role, adding a layer of complexity to a multi-agency enforcement landscape. Overseas, national regulators have raised their AML vigilance, taking independent and, at times, coordinated AML enforcement actions against financial institutions. Heightened enforcement is likely to continue at the national and multi-national levels, as AML standards and regulatory priorities continue to converge across borders.

How are U.S.- and non-U.S.-based financial institutions managing AML regulation and compliance risk in an increasingly complex and globalized business and regulatory environment? What are the key legal, regulatory and risk factors defining the regulatory and enforcement landscape today, and what can be expected in the future? Join this panel, co-hosted by ABANA and the American Bar Association’s Middle East committee, for a discussion of AML regulation, compliance and enforcement, from the perspectives of key internal and external experts.


  • John (“Jack”) Baughman, Partner, Paul, Weiss, Rifkind, Wharton & Garrison LLP
  • Pierre de Saint Phalle, Managing Director, Promontory Financial Group
  • Philip Varela, Executive Director, Morgan Stanley
  • Hdeel Abdelhady, Co-Chair, ABA Middle East Committee & Principal, MassPoint Legal & Strategy Advisory PLLC


Co-hosted with:


Online registrations are now closed for this event. Contact ABANA at 1 212 599 3030 or for last-minute registrations or questions.