40th IBA International Financial Law Conference
7 May - 9 May 2025
Session information
AML compliance & liability risks – Navigating the legal minefield
Friday 9 May (1115 - 1230)
Committee(s)
Banking & Financial Law Committee
(Lead)
Securities and Capital Markets Committee
(Lead)
Description
Regulatory scrutiny on anti-money laundering (AML) compliance is intensifying, and the consequences of non-compliance can be severe. From substantial administrative fines to criminal sanctions and civil liability, banks, financial institutions, and their management face significant liability risk if they fail to meet AML obligations.
This panel will discuss the AML landscape, key risk areas, and real-world enforcement cases. It will explore the legal and practical implications of non-compliance, the potential liability risks, and the measures institutions can take to mitigate exposure.
Session / Workshop Chair(s)
| Stephan Heckenthaler | BINDER GRÖSSWANG, Vienna, Austria; European Regional Forum Liaison Officer, Banking & Financial Law Committee |
| Eva Schram | De Brauw Blackstone Westbroek, Amsterdam, Netherlands; Website Officer, Banking & Financial Law Committee |
Speakers
| Emmanuelle Mousel | Arendt & Medernach, Luxembourg City, Luxembourg |
| Alessandro Portolano | Chiomenti Studio Legale, Milan, Italy |
| Mauro M Wolfe | Duane Morris LLP, New York, New York, USA |