Virtual Currency and Financial Institutions: Due Diligence and Ongoing Monitoring Requirements – April 20, 2023

Virtual currencies are commonly targeted by hackers and criminals who perpetrate fraud. There is no assurance of recourse if virtual currency is stolen and financial institutions sometimes struggle with how to educate internal teams and their clients, both consumers and businesses. This webinar provides basic and understandable education and tools that you can use on the front line when opening an account and throughout the duration of the relationship.

Topics include:

• Account opening education
• Tips for Identification of virtual currency participants
• Incident response when identifying virtual currency fraud
• Education and tools available

Who Should Attend?

• Payments Professionals (May submit AAP/AAPR Continuing Education Credits
• Client Facing Teams
• Deposit Operations/Electronic Banking
• BSA and Fraud
• Compliance Officers
• Internal Audit
• Information Security/Technology
• Senior Management

Speaker:  Brad Rustin, Regulatory Compliance, Partner, Nelson Mullins