World Council of Credit Unions' COVID-19 Response Committee will host a webinar on COVID-19 Related Money-Laundering and Terrorism Financing Risks, Thursday, November 19 at 9:00 a.m. U.S. Central Standard Time.
This webinar will examine challenges, good practices and policy responses to new money laundering and terrorist financing threats, as well as vulnerabilities arising from the COVID-19 crisis. It will feature a representative from the Financial Action Task Force (FATF), which is the independent inter-governmental body recognized for setting global standards for anti-money laundering (AML) and counter-terrorist financing (CFT) responsibilities.
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: