1. BSA AML and OFAC Enforcement Actions – Highlighted 2018 Statistics
Joseph F. Hanvey
Annual Independent Testing of BSA/AML Controls
Joseph F. Hanvey
Annual Independent Testing of BSA/AML Controls
Joe has a broad range of experience in BSA/AML and OFAC compliance and regulatory matters. As a BSA/AML and Economic Sanctions Compliance Officer, he oversaw, developed and implemented comprehensive BSA/AML, and OFAC compliance programs for various lines of business, including retail, wholesale banking, securities and investment advisory. In his consulting capacity, Joe has dealt directly with the state and federal banking and securities regulators having led the development and testing of financial institutions subject to formal, informal and a Deferred Prosecution Agreement managing domestic and international teams throughout Europe, Asia and North America. |
New York
OCC
SEC
FinCEN
OFAC
Joe has a broad range of experience in BSA/AML and OFAC compliance and regulatory matters. As a BSA/AML and Economic Sanctions Compliance Officer, he oversaw, developed and implemented comprehensive BSA/AML, and OFAC compliance programs for various lines of business, including retail, wholesale banking, securities and investment advisory. In his consulting capacity, Joe has dealt directly with the state and federal banking and securities regulators having led the development and testing of financial institutions subject to formal, informal and a Deferred Prosecution Agreement managing domestic and international teams throughout Europe, Asia and North America. |
New York
$307,960,000
$11,365,000
Over 2.1 Billion Dollars in Penalties
$75,000,000
$59,230,087
FED
FINRA
DOJ
NYDA
NYDFS
$125,300,000
$24,950,000
$822,101,259
$162,800,000
$520,000,000
Open Source Research and Analysis conducted by Joseph Hanvey for personal use and shared solely for informational purposes. Such information is not intended to provide legal advice nor represent information in its entirety.  |