IBA Annual Conference Paris 2023
29 Oct - 3 Nov 2023
Room 252 A&B, Level 2
Session information
Send lawyers, guns, and money - can a law firm outsmart the money launderer?
Tuesday 31 October (1115 - 1230)
Room 252 A&B, Level 2
Committee(s)
Anti-Money Laundering and Sanctions Expert Subcommittee
(Lead)
Business Crime Committee
Law Firm Management Committee
Professional Ethics Committee
Regulation of Lawyers Committee
Description
An interactive crisis management session exploring money laundering and economic sanction risks as they bite upon the operations of a multijurisdictional law firm.
In this mock boardroom crisis scenario, the trouble begins with a short email sent by a stressed junior associate at a fictional law firm in a galaxy not too far away: “Help! I think the client may be a money launderer.”
What follows is a day from hell in the life of the firm’s lawyers, risk and compliance team, partners, accountants, bankers, insurers and management board. Addressing the crisis in case study presentation, financial crime law experts from around the world will play different roles within the fictional law firm - such as MRLO, auditor, external regulators, banks, police and journalists. An unfolding set of investigative, reputational and ethical challenges will be developed and discussed at each stage with cross-border insights from the panel.
Session / Workshop Chair(s)
| Gary Hughes | Britomart Chambers, Auckland, New Zealand; Chair, Anti-Money Laundering and Sanctions Expert Subcommittee |
Speakers
| Jacqueline Arango | Akerman LLP, Miami, Florida, USA |
| Jessica Clay | Kingsley Napley, London, England; Diversity and Inclusion Officer, Regulation of Lawyers Committee |
| Hanim Hamzah | KPMG, Singapore, Singapore; SPPI Council Member |
| Sarah Lucey | Norton Rose Fulbright, London, England; Co-Chair, Regulation of Lawyers Committee |
| Astrid Mignon-Colombet | August Debouzy, Paris, France; Committee Liaison Officer, Professional Ethics Committee |
| Paddy Oliver | AML Experts, Melbourne, Victoria, Australia; Secretary, Anti-Money Laundering and Sanctions Expert Subcommittee |
| Meg Strickler | Conaway & Strickler, Atlanta, Georgia, USA; Co-Chair, Professional Ethics Committee |