Webinar: COVID-19 related money-laundering and terrorism-financing risks
MADISON, WI (October 29, 2020) — This is the second in a series of bimonthly webinars hosted by World Council of Credit Unions’ (WOCCU) COVID-19 Response Committee.
The COVID-19 pandemic has led to unprecedented global challenges, human suffering and economic disruption. This webinar will feature representatives from the Financial Action Task Force (FATF), the independent inter-governmental body recognized for setting global standards for anti-money laundering (AML) and counter-terrorist financing (CFT) responsibilities, World Council of Credit Unions, and AML Rightsource, a firm solely focused on helping financial institutions find Anti-Money Laundering (AML)/Bank Secrecy Act (BSA) and financial crimes compliance solutions.
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, Financial Action Task Force (FATF).
- How credit unions and other cooperative financial institutions must advocate for proportional treatment on AML/CFT regulations, with Andrew Price, WOCCU Senior Vice President of Advocacy and John Byrne, Esq., CAMS, Executive Vice President, Chairman AML RightSource Advisory Board.
You can register for the November 19 webinar by following this link:
https://zoom.us/webinar/register/WN_gBHa3pytSaSodUYDhzCPkg
If you have questions about the event, contact Greg Neumann, World Council Corporate Communications Manager, at gneumann@woccu.org or +1 608-395-2048.
About World Council of Credit Unions
World Council of Credit Unions is the global trade association and development platform for credit unions. World Council promotes the sustainable development of credit unions and other financial cooperatives around the world to empower people through access to high quality and affordable financial services. World Council advocates on behalf of the global credit union system before international organizations and works with national governments to improve legislation and regulation. Its technical assistance programs introduce new tools and technologies to strengthen credit unions' financial performance and increase their outreach.
World Council has implemented 300+ technical assistance programs in 90 countries. Worldwide, 82,758 credit unions in 97 countries serve 404 million people. Learn more about World Council's impact around the world at www.woccu.org.
