{"version":1,"type":"rich","provider_name":"Libsyn","provider_url":"https:\/\/www.libsyn.com","height":90,"width":600,"title":"FinCEN\u2019s Notice of Proposed Regulations to Strengthen and Modernize AML\/CFT Compliance Programs","description":"This episode features a discussion with Nick St. John, Director of Federal Compliance at America\u2019s Credit Unions. We discuss the Notice of Proposed Rulemaking issued by FinCEN and federal banking regulators regarding the enhancement and modernization of anti-money laundering\/countering the financing of terrorism (\u201cAML\/CFT\u201d) compliance programs under the Bank Secrecy Act (\u201cBSA\u201d). This discussion focuses on the risk assessment process, the NPRM\u2019s impact on the industry, \u201cde-risking\u201d strategies, technological innovation, feedback from law enforcement on the utility of BSA filings, hiring qualified compliance officers, and what it means for an AML\/CFT program to be \u201ceffective.\u201d Peter Hardy, partner and co-leader of Ballard\u2019s AML Team leads the discussion. He is joined by Kaley Schafer, also a member of the AML Team and an associate in the firm\u2019s business and transactions department. ","author_name":"Business Better","author_url":"https:\/\/www.ballardspahr.com\/","html":"<iframe title=\"Libsyn Player\" style=\"border: none\" src=\"\/\/html5-player.libsyn.com\/embed\/episode\/id\/32876602\/height\/90\/theme\/custom\/thumbnail\/yes\/direction\/forward\/render-playlist\/no\/custom-color\/88AA3C\/\" height=\"90\" width=\"600\" scrolling=\"no\"  allowfullscreen webkitallowfullscreen mozallowfullscreen oallowfullscreen msallowfullscreen><\/iframe>","thumbnail_url":"https:\/\/assets.libsyn.com\/secure\/content\/177360258"}