Anti-Money Laundering Act of 2020: New Rules, Penalties and Programs

Please join Holland & Knight's Financial Services Team for an in-depth discussion of the Anti-Money Laundering Act of 2020 (AMLA 2020).

AMLA 2020 – the most significant Bank Secrecy Act (BSA)/anti-money laundering (AML) legislation passed in decades – was enacted on Jan. 1, 2021, when Congress overrode a presidential veto of the 2021 National Defense Authorization Act. AMLA 2020 includes new rules, penalties, funding and reform proposals that will be of interest to financial services clients.

Topics include:

• How the Biden Administration is expanding BSA/AML enforcement
• AMLA 2020 provisions that immediately impact financial services clients
• An update on FinCEN's implementation of AMLA 2020
• How AMLA 2020 will shape the evolution of BSA/AML regulation and enforcement

We hope you can join us for this highly informative discussion.

Continuing Legal Education

Holland & Knight is an approved CLE provider in several jurisdictions, including California, Georgia, Illinois, New York, Pennsylvania and Texas. All reasonable efforts to seek CLE credits for this program will be made. In certain instances, some programs may not be awarded CLE credits because of either content or jurisdictional restrictions. For New York attorneys, this program's format qualifies for CLE for transitional (newly admitted) and experienced attorneys.