Updated FATF Guidance on Virtual Assets & Virtual Asset Service Providers
aBOUT THIS EVENT
TCAE is excited to invite an all-star panel consisting of Carol Van Cleef of Bradley Arant Boult Cummings, Chris McAteer of SIX Digital Exchange and Dev Odedra of “The Laundry” to discuss the updated FATF guidance around Virtual Assets (VA) and Virtual Asset Service Providers (VASP). This Lunch and Learn session will be moderated by our crypto-guru, Amber D. Scott of Outlier Solutions.
The panelists will highlight the broadened scope of the FATF guidance and its impact on the entire crypto ecosystem and highlight the clarification of many concerns stemming from the public consultation on the draft guidance and the second 12-month review of FATF standards for VAs and VASPs which were both released earlier this year.
- Understand the updated definition of Virtual Assets (VA) and Virtual Asset Service Providers (VASP)
- Understand the regulatory expectations for a range of ecosystem participants – DeFi, DApps, Lightning Nodes, Stablecoins, Hosting Service Providers, etc
- Understand the challenges of the Travel Rule for VASPs
Carol Van Cleef | Legal Council, Bradley Arant Boult Cummings
Carol Van Cleef is an internationally recognized authority and pioneer in legal issues involving cryptocurrencies and blockchain technology. As chair of the firm’s Blockchain and Digital Assets practice, Carol leads the firm’s virtual currencies and blockchain work to help clients navigate the complex, dynamic and rapidly evolving issues in these areas.
With a focus on regulatory, compliance, and enforcement matters, Carol has built a global reputation as a leading attorney, counselor and problem solver working with fintech companies, blockchain developers, virtual currency exchanges and wallets, payment processors, prepaid access programs, and other business ventures. Her clients also include banks, securities firms, insurance companies, and money services businesses.
As a certified anti-money laundering (AML) specialist, Carol created a series of AML compliance training programs in partnership with the Conference of State Bank Supervisors and attended by state regulators, executives from domestic and foreign banks, securities firms, money services businesses, and other entities.
Carol also developed an AML Compliance Bootcamp for virtual currency and blockchain businesses. She participated in the Uniform Law Commission’s efforts to draft a model legal code for virtual currencies.
Carol is a founding member of Collective Future, which fosters global diversity in blockchain and crypto assets, and is a frequent speaker on cryptocurrencies, blockchain technology, virtual currencies, payment systems, and business ventures.
Chris McAteer | Senior Compliance Advisor, SIX Digital Exchange
Chris McAteer has over 15 years of experience implementing global sanction and AML/CFT compliance programs for Swiss-based law firm MME and currently, the Swiss stock exchange’s digital arm SDX. Chris is the founder of the Crypto Valley Association’s AML Task Force and founding Board Member of the OpenVASP Association, a protocol dedicated to FATF travel rule compliance. Chris holds an MBA from the University of Ottawa, is a Certified Cryptocurrency Investigator (CCI) and Anti-Money Laundering Specialist (ACAMS), and frequently teaches about AML/CTF in cryptocurrencies for the Basel Institute on Governance.
Dev Odedra | Independent Money Laundering Expert and Founder, “The Laundry”
Dev Odedra is an independent money laundering expert and the founder of ‘The Laundry’, a financial crime media aggregator. Dev has significant experience in managing money laundering risk in the retail, corporate and investment banking sectors, having worked at a number of global banks before setting up his own consultancy. His expertise covers a variety of areas of money laundering, including investigations, advisory and controls implementation and improvement.
Amber D. Scott | Founder, CEO & Chief AML Ninja, Outlier Solutions Inc.
Amber is a compliance geek with a passion for technology. After graduating from the University of Waterloo, Amber joined the compliance group at one of Canada’s largest insurers where she focused on the implementation of technology-based processes to streamline compliance. She has since worked in in-house roles with major securities firms and banks. Somewhere along the line, she added MBA, CBP, and a few other letters after her name.
Amber joined a boutique compliance consulting firm, then larger consulting firm, before getting frustrated enough with the status quo to launch Outlier Solutions Inc. (Outlier) in 2013. Outlier specializes in anti-money laundering (AML) and privacy compliance. The company is based on one of the premises of Malcolm Gladwell’s book Outliers: that to be really good at something you need a lot of practice (about 10,000 hours). Each of Outlier’s team members has 10,000 hours or more of in-house (not consulting) compliance experience. Amber loves leading this team of entrepreneurial compliance badasses.