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Anti-Money Laundering 2019: Risks, Due Diligence and Compliance in an Evolving Legal and Technological World

 
Author(s): Jamie L. Boucher, Peter D. Hardy, Nicole S. Healy
Practice Area: Corporate & Securities, Litigation
Published: Jun 2019
ISBN: 9781402434143
PLI Item #: 252923
CHB Spine #: B2494

Jamie Boucher is head of Skadden’s Financial Institutions Regulatory and Enforcement Group and the global anti-money laundering and sanctions practice. Her clients include U.S. and international banks, thrifts, mortgage lenders, insurance, securities, money service businesses and investment companies.

Ms. Boucher, a member of the practice group named 2018 White Collar/Regulatory Litigation Department of the Year by The American Lawyer, regularly represents global financial institutions on complex cross-border compliance and enforcement matters including examinations, internal investigations, voluntary disclosures, and the resolution of administrative and enforcement proceedings involving federal and state regulatory agencies and law enforcement.

With extensive experience in cross-border anti-money laundering, economic sanctions, banking secrecy and data protection compliance matters, Ms. Boucher has counseled U.S. and international clients on numerous issues arising under the U.S. anti-money laundering and economic sanctions laws and related laws.

In addition to the representation of clients in investigations and contested proceedings, Ms. Boucher regularly works with financial institutions and their boards to provide guidance on compliance and corporate governance issues. She has worked extensively with clients to design and implement compliance programs, and to monitor and improve corporate compliance posture.

She also has represented clients on various aspects of federal lending, capital and liquidity support programs, including those established pursuant to the Emergency Economic Stabilization Act of 2008. She additionally advises clients on the implementation of the Dodd- Frank Act and strategic transactional and compliance responses to the Act.

Ms. Boucher is a frequent speaker at seminars on financial institution compliance and regulatory issues, mergers and acquisitions, and enforcement matters. She repeatedly has been selected for inclusion in Chambers USA: America’s Leading Lawyers for Business and The Best Lawyers in America, as well as in Washingtonian Magazine’s Best Lawyers list for her work in banking and regulatory enforcement matters. She was named a finalist in the Regulatory Lawyer of the Year category at the inaugural Chambers USA Women in Law Awards. Ms. Boucher also has repeatedly been named in Lawdragon 500 Leading Lawyers in America and as Best Lawyers’ 2019 Washington, D.C. Litigation - Banking and Finance Law Lawyer of the Year.

Before joining the firm, Ms. Boucher worked for 12 years in government and the private sector on matters involving international trade and investment regulation. She served as the legislative adviser for international trade and foreign policy to former U.S. Sen. Frank H. Murkowski; an adviser to the American League for Exports and Security Assistance on trade and national security issues; and a committee staff member on the U.S. Trade Representative-Department of Defense trade policy advisory committee, the Defense Policy Advisory Committee on Trade.

Ms. Boucher serves on the American Bar Association Task Force on Anti-Money Laundering Compliance in the Legal Profession and is the past chair of the Banking Law Committee, Subcommittee on Mergers and Acquisitions. She is a member of the American Council of Young Political Leaders.

 


Peter Hardy is a Partner in the White Collar Defense/Internal Investigations Practice Group of the law firm of Ballard Spahr LLP, in Philadelphia, PA.  Before entering private practice, Peter served for a combined 11 years as an Assistant United States Attorney for the U.S. Attorney’s Office in Philadelphia, and previously as a Trial Attorney in the Criminal Section for the Department of Justice’s Tax Division in Washington, D.C. 

Peter is the author of a legal treatise entitled Criminal Tax, Money Laundering, and Bank Secrecy Act Litigation (Bloomberg BNA 2010), and edits Ballard Spahr's financial corruption blog, Money Laundering Watch.  Peter is a member of the American College of Tax Counsel. He is the leader of Ballard Spahr’s Anti-Money Laundering Team, and is a co-leader of the firm’s Blockchain Technology and Cryptocurrency Team.

Peter graduated from the University of Michigan Law School and served as a law clerk for federal judges in the Eastern District of Michigan and the Court of Appeals for the Sixth Circuit.


Nicole Healy is a partner at Ropers Majeski Kohn Bentley PC's Redwood City office. Ms. Healy has represented companies and individuals in a wide range of industries in shareholder class action and derivative litigation, defending claims alleging breach of fiduciary duty and fraud. She has represented companies and individuals in complex commercial disputes, including in matters involving mergers and acquisitions, corporate governance and control matters, disputes regarding intellectual property rights, and claims of unlawful, unfair, and fraudulent business practices under the California Unfair Business Practices Act. She has represented companies and individuals in  investigations by the Securities and Exchange Commission, U.S. Attorney's Offices, and other government agencies. She has conducted corporate internal investigations into possible violations of federal and state law. Ms. Healy has tried cases to judgment in state and federal courts, and to decision in private arbitration proceedings.  

Prior to entering private practice, Ms. Healy was a Trial Attorney with the U.S. Department of Justice's Fraud Section, Criminal Division. There she focused on international criminal matters, including violations of the FCPA. She was participated in negotiating multinational anti-corruption treaties. Ms. Healy joined the U.S. Department of Justice as a member of the Attorney General's Honors Program.