United States v. Danske Bank—Expanded Extraterritoriality of US Anti-Money Laundering Standards

United States v. Danske Bank—Expanded Extraterritoriality of US Anti-Money Laundering Standards

Virtual
Webinar CLE

Please join attorneys from WilmerHale for a discussion of the recent guilty plea in United States v. Danske Bank and the extraterritorial application of US anti-money laundering standards reflected in the plea agreement. Among other things, we will discuss whether the traditional view that “the Bank Secrecy Act stops at the water’s edge” remains applicable in an interconnected financial world.

WilmerHale panelists will include:

  • Michael Dawson, partner and former deputy assistant secretary and senior advisor at the US Department of the Treasury
  • Boyd Johnson, partner and former global general counsel for Soros Fund Management and former Deputy US Attorney for the Southern District of New York
  • Kimberly A. Parker, partner and vice chair of the firm’s Litigation/Controversy Department and co-chair of the White Collar Defense and Investigations Practice

During this program, the panelists will discuss the following topics:

  • The traditional view of the limited extraterritorial reach of US anti-money laundering standards
  • How that view has been challenged by developments in sanctions and FCPA cases, including through application of the Money Laundering Control Act
  • The significant expansion of the extraterritorial reach of US anti-money laundering standards reflected by the plea agreement

During the webinar, participants will have the opportunity to contribute questions online. CLE credit will be provided.

Read More About the Event

Speakers