New York, NY, May 27, 2016 --(PR.com
)-- The Knowledge Group/The Knowledge Congress Live Webcast Series, the leading producer of regulatory focused webcasts, has announced today that Peter Reeves, Special Counsel, Gilbert + Tobin will speak at the Knowledge Group’s webcast entitled: “Extended Anti-Money Laundering Requirements for Private Equity: The Collaboration Between the SEC and FinCEN Live Webcast.” This event is scheduled for June 2, 2016 @ 3:00 pm - 5:00 pm EST.
For further details, please visit:
About Peter Reeves
Peter Reeves is a special counsel at Gilbert + Tobin and specializes in Australian financial services laws, funds management and anti-money laundering regulation.
Peter provides clients with the full suite of financial services regulatory advice. He is also one of a handful of practitioners who covers the regulatory financial services space in the establishment, product development, offering and M&A contexts. He provides a practical approach when working with clients on corporate transactions that involve complex financial services matters. This is a unique and highly valued service by Peter’s clients.
Peter regularly advises Australian and off-shore corporates, financial institutions, funds, managers and market participants on the regulatory requirements of establishing, structuring and operating financial services and consumer credit businesses in Australia. He has extensive experience dealing with regulators. Peter’s clients include foreign and domestic financial institutions and prominent local and off-shore investment banks, fund managers and financial services providers.
About Gilbert + Tobin
Gilbert + Tobin is an independent Australian corporate law firm. We serve corporates and governments throughout Australia and from around the world on a broad range of complex legal issues. We apply our legal expertise and judgment to help our clients deliver outstanding commercial performance and to achieve their most important goals. Founded in 1988, we have built a firm with the breadth and depth to meet this task. Gilbert + Tobin’s lawyers bring a proactive, forward-thinking, commercial approach, and a relentless drive to deliver superior results.
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
About The Knowledge Group/The Knowledge Congress Live Webcast Series
The Knowledge Group was established with the mission to produce unbiased, objective, and educational live webinars that examine industry trends and regulatory changes from a variety of different perspectives. The goal is to deliver a unique multilevel analysis of an important issue affecting business in a highly focused format. To contact or register for an event, please visit: http://theknowledgegroup.org/