Shows
Opinions My Own: Expert Insights on AML, FinTech & the Law#8: Better Call…A Crypto LawyerWhen do you need a lawyer? As a company engaged in blockchain, crypto or other innovative areas there are many instances when you might need to call a lawyer for advice on how to proceed in these uncharted waters. Throughout the previous episodes we have hinted at hiring lawyers and in this episode we speak to one of the lawyers you might need to hire - Lilya Tessler. Lilya is a partner and head of Sidley Austin’s FinTech and Blockchain group. If you need advice on regulations and the legal implications of business decisions in the FinTech/Blockchain spa...2021-12-0930 minOpinions My Own: Expert Insights on AML, FinTech & the Law#7: Ready Player None: This is Not a GameNO ONE IS WALKING THE #AML BEAT IN VIDEO GAMES, and the bad guys know it. Elsewhere...in cryptocurrencyland, the media, law enforcement, Capitol HIll, OK...everyone is talking about the newest, shiny ball. Regulation and enforcement will soon kick into overdrive as mainstream market adoption of crypto assets explodes. Just check out the Twitter feeds of Michael Saylor (MicroStrategy) and Gary Gensler (U.S. Securities and Exchange Commission Chair). Don’t even get us started about Bloomberg LP (news not the man). Not so in Decentraland, Fortnite, or Counter Strike: Global Offensive, or on Twitch or Ste...2021-12-0744 minOpinions My Own: Expert Insights on AML, FinTech & the Law#6: Diamonds & Pearls (of Wisdom)We’re big Prince fans here at Opinions My Own, and in honor of his best album turning 30, we sought out Don Palmieri, master gemologist, world renowned appraiser and decorated Vietnam veteran. As we’ve said, the diamonds and jewels industry needs some much needed light shined on (or is it through?) it - conflict diamonds, child labor, fraud, AML, corruption. In this, the enlightened age of ESG, our interview with Don, a 50 year veteran in the field, does just that. Please enjoy, share and like. Find us on YouTube, streaming on Spotify, iTunes and @Twitter. And, keep...2021-11-0156 minOpinions My Own: Expert Insights on AML, FinTech & the Law#5: If A Woman Was A Gunslinger, She Would Have Done OK.That’s Amanda Wick on America’s early frontier, the real Wild West. But in crypto, where the likes of tech bros haven’t yet fully dominated the field, Wick sees hope. But she’s got some hard scrabble advice…The first of our “Women Our Own” series, Amanda offers not-to-be missed insights on women in law and technology, especially cryptocurrency. Former federal prosecutor, current practitioner of Krav Maga and fierce advocate for women in [insert ANY industry here], Amanda isn’t mincing words: “What is your solution to fix things?”Please enjoy this spotlight episode on Women in...2021-10-2518 minOpinions My Own: Expert Insights on AML, FinTech & the Law#4: So, You Want To Be In Crypto?Guest:Amanda Wick, Chief of Legal Affairs of Chainalysis Inc., former DOJ Attorney, Senior Policy Advisor at FinCEN,Overview:"I personally think that bitcoin is worthless," Jamie Dimon, CEO, JPMorgan Chase & Co. Monday, October 11, 2021 at the Institute of International Finance.“A Ponzi scheme from the jump.” That’s what cryptocurrencies are...right? In this episode, Zila and Paul speak with Amanda Wick, Chief of Legal Affairs at Chainalysis Inc. about her career in law and migration to blockchain and crypto. Amanda helps bust some common myths while offering candid opinions about the st...2021-10-1141 minOpinions My Own: Expert Insights on AML, FinTech & the Law#3: “The Bank of Crooks & Criminals": 30 Years LaterGuest:John Moscow, Deputy Chief, Investigations Division, New York County District Attorney’s Office (retired)Overview:John Moscow, the legendary Manhattan Assistant District Attorney, described the decades-defunct-but-still-notorious Bank of Credit and Commercial International to me this way: “It was a full service bank that would do anything its customers wanted.” (Emphasis mine.) Money laundering. Tax evasion. Drug trafficking. Terrorist financing.Moscow’s and, more precisely, D.A. Robert M. Morgenthau’s prosecution of BCCI reverberated globally as the bank pled guilty and was then liquidated in 1991. Vanity Fair magazine wrote a feature, H...2021-09-2839 minOpinions My Own: Expert Insights on AML, FinTech & the Law#2: False PositivesGuests:Joe Friscia, Chief Revenue Officer, Tookitaki; former President, Nice ActimizeAbishek Chatterjee, Founder & CEO, TookitakiOverview:The bane of transactional surveillance - a regulatory requirement for identifying potentially suspicious, potentially criminal financial transactions - is the “false positive”. Basically, thousands of alerts are triggered, but only a small percentage require actual investigation.“What a waste!” would be the understatement of the year.The best and brightest companies, including IBM and its Watson Artificial Intelligence tools, understand that solving this problem, which affects all banks, translates not just int...2021-09-1543 minOpinions My Own: Expert Insights on AML, FinTech & the Law#1: Information SharingGuests:Alon Kaufman, CEO & Co-Founder, Duality Technologies; former Director of Data Science & Innovation, RSA;Jim Richards, Founder & Principal, RegTech ConsultingOverview:It took 9/11 to bring new life to the 1973 Bank Secrecy Act. Since then, financial services firms worldwide have both spent and been fined billions of dollars to combat money laundering, terrorist financing and fraud. In this episode, Paul speaks with Alon Kaufman and Jim Richards about the state of AML, and is it a failed policy experiment as a recent Economist article proffered? One path forward is tied to players...2021-09-0735 minOpinions My Own: Expert Insights on AML, FinTech & the Law#0: Cold Open: Our People & PurposeZila and Paul jump right in and present their vision for "Opinions My Own," their podcast on anti-money laundering, technology & the law. (Paul, you owe Zila lunch for getting the BSA date wrong! ...or just watch "Power" to settle all debts.) Time: 7:30 minutes2021-09-0707 min