Anti-Money Laundering

Members of Holland & Knight’s International Trade Group regularly advise U.S. companies, including financial institutions and mutual funds, on a wide range of anti-money laundering (AML) issues. We have established AML compliance programs, advised on the reporting of suspicious activities and enhanced due diligence requirements, established customer identification and documentation requirements, and reviewed and prepared Customer/Investor Profile forms to obtain the requisite Customer information.

Our Trade Group ensures that each AML program complies with the regulations administered by the Office of Foreign Assets Control, Department of the Treasury. We advise clients on the application of the criminal money laundering statutes to specified transactions, including the interaction between money laundering and corruption (a predicate offense of money laundering). In addition, our Trade Group counsels companies on the appropriate due diligence necessary to ensure compliance. We work closely with Holland & Knight’s White Collar Defense and Corporate Compliance Team in representing companies in litigation matters involving money laundering issues.

Examples of matters handled by our Trade Group include:

• provide legal opinions on the application of the anti-money laundering statutes to specific transactions
• preparation of customer/investor profile forms
• establishment of numerous AML compliance programs
• advice on offshore AML requirements
• counsel and assist in conducting AML due diligence