MIAMI – March 12, 2019 – Global law firm Greenberg Traurig, P.A. Shareholders Jared E. Dwyer and Carl A. Fornaris will participate in panels at the Florida International Bankers Association’s (FIBA) 19th FIBA AML Compliance Conference on March 12 and 13. The annual conference is designed to encourage a dialogue between financial institutions and the regulators charged with their oversight.
FIBA is a non-profit trade association and international center for financial excellence. The Florida-based, and globally connected organization's membership includes the largest financial institutions from Europe, the United States, Latin America, and the Caribbean.
On March 12, Dwyer will participate on a panel entitled “Beyond the Headlines: Lessons Learned from Recent High Profile Enforcement Actions.” This discussion will cover a review of recent anti-money laundering compliance program failures that occurred despite increased financial services institutions’ significant spending on resources and technology.
“Understanding what went wrong in many of the recent cases of compliance failures is key to informing institutions’ future efforts toward compliance,” said Dwyer, who focuses his practice at Greenberg Traurig’s Miami office on white collar criminal matters, criminal and civil tax litigation, and other complex civil litigation. “In many cases, taking certain key proactive measures can mean the difference between being compliant with regulations.”
Dwyer has tried more than 40 jury and non-jury trials and has been involved in over 100 investigations and prosecutions, many of which included complex fraud and regulatory matters. He leverages his experience to represent individuals and organizations in investigations and other proceedings concerning tax fraud, money laundering, public corruption, complex international financial crime, financial institution fraud, and violations of the Bank Secrecy Act, among others. Prior to joining the firm, Dwyer served for 10 years as a federal prosecutor, first as a trial attorney with the U.S. Department of Justice, Criminal Enforcement Section, Tax Division, which he joined through the Attorney General’s Honors Program, and then as an Assistant United States Attorney at the U.S. Attorney’s Office for the Southern District of Florida.
On March 13, Fornaris will participate on a panel entitled “Fintech: Friend or Foe? Collaboration and Regulation in Emerging Tech.” This discussion will cover the application of FinTech and questions and concerns regarding its licensing and application.
“While the innovations in FinTech have been very impressive over the past few years, there is still uncertainty regarding how it will actually change the financial services industry,” said Fornaris, who is co-chair of Greenberg Traurig’s Financial Regulatory & Compliance Practice. “It is very important for all who interact with the technology to understand in-depth how it is licensed and its various applications.”
With 25 years of legal experience, Fornaris advises banks and their holding companies, investment advisers, securities broker dealers, gaming firms, money services businesses and other financial institutions on all aspects of their business. These include licensing, capital-raising transactions, acquisitions and divestitures, USA PATRIOT Act/BSA/AML compliance and OFAC sanctions programs (including permissible financial activities in Cuba), critical examination reports and enforcement proceedings, Dodd-Frank Act compliance (including Volcker Rule implementation), new products and FATCA. Throughout his career, Carl has counseled clients in their dealings with the Federal Reserve, OCC, FDIC, FinCEN, SEC, FINRA, Florida Office of Financial Regulation, New York Department of Financial Services and other state supervisory authorities.
The 19th FIBA AML Compliance Conference takes place March 11-13 at the InterContinental Miami. For more information, visit https://fibaaml.fiba.net/
About Greenberg Traurig, LLP: Greenberg Traurig, LLP (GT) has more than 2,000 attorneys in 39 offices in the United States, Latin America, Europe, Asia, and the Middle East. GT has been recognized for its philanthropic giving, was named the largest firm in the U.S. by Law360 in 2017, and is among the Top 20 on the 2018 Am Law Global 100. Web: http://www.gtlaw.com Twitter: @GT_Law.