Media Coverage
Source: Global Investigations Review
Media Coverage
Press Contacts: Erik Cummins, Matt Hyams, Taina Rosa, Olivia Thomas
12.03.24
Corporate Investigations & White Collar Defense partner Audrey Koh recently took part in a roundtable discussion organized by Global Investigations Review (GIR) to identify recent developments in the anti-money laundering (AML) sector.
The roundtable discussion explored the expansion of entities covered by U.S. anti-money laundering laws; key provisions of the Anti-Money Laundering Act of 2020 and its effect on both the U.S. and UK; its implications for virtual currencies and digital assets; the increased emphasis on individual liability; and what to expect in 2025.
In her remarks, Koh cited multiple new legislation and regulatory frameworks in the UK and EU. “With [these] big developments and changes, you will see a lot of harmonization and enforcement across all EU member states,” she said.
“You can see the widening of the net both in the UK and the EU—not just in the AML space, but broader financial crime and fraud, as well,” she said. “With the focus on crypto and real estate, it’s definitely going to be an increase of enforcement—I would say across the globe.”
To listen to the full discussion, click here.