New York, NY, November 21, 2009 --(PR.com
)-- The Knowledge Group/The Knowledge Congress Live Webcast Series, the leading producer of regulatory focused webcasts, has announced today that Frederick E. Curry III, Partner, Principal Forensic & Dispute Services, Deloitte Financial Advisory Services LLP will speak at the Knowledge Congress’ upcoming webcast entitled: “Hot Topics in Anti-Money Laundering Compliance – A Review of Recent Developments and a Primer for Addressing Today’s Concerns”. This 2-hour event is scheduled for December 10, 2009, Thursday, at 12:00 PM - 2:00 PM EDT. (For further details of the event and an updated list of panelists, please visit: http://www.knowledgecongress.org/event_2009_FinCEN.html)
Recently, FinCEN issued a Notice of Proposed Rulemaking (Proposed Rule) “Confidentiality of Suspicious Activity Reports”. This proposed rule seeks to broaden the definition of confidentiality as it pertains to SARS by clarifying the statutory prohibition against the disclosure of an individual’s SAR by a financial firm in an attempt to avoid compromising the investigation. This new guidance will affect banks, financial institutions, and broker dealers significantly by clarifying some of these important issues:
- When can the existence of a SAR be shared
- What to do with the supporting documentation of a SAR and can this be revealed
- Disclosure by Federal Authorities
- Safe harbor provisions
- Technical amendments
- Implementation Issues
The Knowledge Group is assembling a panel of distinguished professionals and thought leaders to help understand the new guidance and its impact on your institution and the broader market. The speakers will present their expert opinions in a two-hour Live webcast. Attending this webcast will give you a sound foundation on the ins and outs of the new guidance. Join this esteemed group of experts and you will be in the know with respect to this important regulatory change.
About Frederick E. Curry III
Frederick E. Curry, III is a Principal in the Forensic and Dispute Services practice of Deloitte Financial Advisory Services LLP (“Deloitte FAS”). Mr. Curry’s practice area covers, financial crimes, insider abuse, conflicts of interests, employee wrong doing, financial investigations, and corporate governance issues. At Deloitte, Mr. Curry has lead domestic and international financial institution engagements focused on various types of fraud and money laundering, including cash, check, wire, and computer fraud. Prior to joining Deloitte FAS, Mr. Curry was Senior Director of Anti-Money Laundering (“AML”) Services at the law firm Katten Mutchin Zavis & Rosenman. Previously, Mr. Curry was a Senior Risk Specialist at the Federal Reserve Bank of New York where he planned, supervised, and conducted comprehensive safety and soundness and anti-money laundering examinations of domestic and international banks which covered operational and internal controls, electronic data processing, information security, large currency transaction reporting, suspicious activity identification and reporting, electronic payment systems, security programs, insider abuse, and third party outsourcing arrangements. Mr. Curry frequently lectures to federal and state bank examiners and law enforcement personnel on conducting specialized target financial crime and anti-money laundering reviews. He is also a frequent speaker abroad on regulation and supervision of financial service institutions, risk management, fraud, money laundering, terrorist financing, clearing and settlement, and payment systems. Fred is a Certified Anti-Money Laundering Specialist.
Mr. Curry served in the United States Marine Corps. He graduated from the American Institute of Banking and earned a BS Degree from Adelphi University, MBA Degree from Fordham University and a JD from Brooklyn Law School.
About Deloitte Financial Advisory Services LLP
“Deloitte” is the brand under which 165,000 dedicated professionals in independent firms throughout the world collaborate to provide audit, consulting, financial advisory, risk management, and tax services to selected clients.
For more information about Frederick E. Curry III, and Deloitte LLP, please visit: http://www.deloitte.com
About The Knowledge Group, LLC/The Knowledge Congress Live Webcast Series
The Knowledge Congress is a series of live webcasts produced by The Knowledge Group, LLC, which examine trends, regulatory, and technology changes across a variety of industries. “We bring 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.” To contact or to register to an event, please visit: www.knowledgecongress.org.