Peter D. Hardy


Law enforcement and regulators around the globe are focused on the role that trusts can play in money laundering, and how the U.S. might represent a haven for laundering and tax evasion. The Bank Secrecy Act applies in special ways to trust companies, and state regulators expect compliance in the fight against money laundering. This presentation discusses the complex issue of customer due diligence by trust companies and other professionals, and the potential red flags that they should remain alert to.

Related Practice

Anti-Money Laundering