Introduction to Bitcoin / Blockchain
· Virtual Asset: FATF definition of Virtual Assets
· Bitcoin / Blockchain 101: Non-technical description of Bitcoin and how the Blockchain operates
· Characteristics: List and explain the various features of Bitcoin (specifically)
Bitcoin and AML
· AML Risks / Concerns: Go into detail about the financial crime implications and risks of Bitcoin and similar virtual assets/cryptocurrency
· Financial Crime: Discussion about the several ways illicit actors facilitate money laundering using Bitcoin and other cryptocurrency
· Risk Based Approach: Not all Cryptocurrency transactions are suspicious. How we approach obtaining source of funds info etc
· Risk Assessments: Balancing privacy ethos of cryptocurrency and Compliance. Being able to identify counter-party risks (small exchanges using big exchanges to access liquidity)
Differences Between Cryptocurrency and Traditional AML investigations:
· Real-Time Investigations: Centralized nature of exchanges allow them to conduct investigations as they process the transaction
· Non-Face to Face On-boarding: Having an understanding of global identifications and using image verification tools
· Blockchain Analytic Tools: You can’t track cash, but you can track Bitcoin and determine if it has exposure to any illicit service providers. Challenges with privacy coins like Monero
· Information Sharing: Project Participate and open sharing because you can provide cryptocurrency addresses to other third parties, which can’t be done by financial institutions
Regulations / Legislation
· FATF: Discussion about the new and proposed amendments to guidance that FATF has released about Virtual Assets/ Cryptocurrency
· Jurisdictional Specific Regulation: Discussion about the changes in legislation specifically in APAC / MENA and how that impacts Compliance Programs
Case Study
· Case Study (if applicable time): A case study on how some get involved in money laundering using crypto and Darknet Markets
· Flow of Funds: Understanding how money laundering happens in the traditional financial ecosystem and on the blockchain
Resources
· Career Development: How to develop your skills, personal brand and increase your connection during COVID-19 and beyond.
· So You Want To Get Into Crypto: Brief discussion on some of the resources, certifications and soft skills that would be needed to enter the Blockchain and/or Cryptocurrency Compliance world
Takeaway / Handouts
· After Presentation: You will receive a copy of the presentation materials, including slides and links to all applicable resources.
· Q + A: There will be a Q + A at the end of the presentation to address additional questions.
About the Presenter:
Stephen Brent Sargeant, Deputy Manager, AML Investigations, provides consultancy services to industry leading cryptocurrency exchange, Bitfinex. Stephen has experience conducting complex blockchain investigations and actively contributes to working groups and public private partnerships. He shares insights into the intersection of Cryptocurrency and AML in his training programs.
CE Credit:
This program has been accredited for HRCI, SHRM, CLE, and CPE credit. A certificate of completion will be provided via email after completing the program. If you have questions about how to receive credit, please contact Antoinette Smith at [email protected] or [email protected]
- Prerequisites: None
- Program Level: Intermediate
- Field of Study: Computer & Software Applications
- Format: Live Webcast
- Credit Type: QAS Self-Study
Stephen Sargeant
Bitfinex
Stephen Brent Sargeant, Deputy Manager, AML Investigations, provides consultancy services to industry leading cryptocurrency exchange, Bitfinex. Stephen has experience conducting complex blockchain investigations and actively contributes to working groups and public private partnerships. He shares insights into the intersection of Cryptocurrency and AML in his training programs.
CLE Credits (Law)
| Credit | Value | Type | Format |
|---|---|---|---|
In some CLE states, the course will be submitted to the bar after you register. If for any reason the course is not approved, we will fully refund your registration fee. If a state is listed on this course, then we are confident the course fits that state's standards and already is or will be approved for credit.
HR Credits
| Credit | Value | Type | Format |
|---|---|---|---|
| HRCI | 1.25 |
Business |
On-Demand/Recording |
| SHRM | 1.25 |
General |
On-Demand/Recording |
Accounting Credits
| Credit | Value | Field of Study | Format |
|---|
Clear Law Institute is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.learningmarket.org. For more information regarding administrative policies such as complaint and refund, please see the tab above on our Money-Back Guarantee or contact us at 703-372-0550.
CPE Credit - Maximum Credit Hours: Please see above. You must attend at least 50 minutes to obtain credit. Fields of Study: Please see above. Teaching Method: Lecture. Upon completion of this course, you will receive a certificate of attendance. Final approval of a course for CPE credit belongs with each state’s regulatory board.
Clear Law Institute has registered with the Texas State Board of Public Accountancy as a CPE Sponsor. This registration does not constitute an endorsement by the Board as to the quality of our CPE Program.
What is a webinar?
A webinar is simply a seminar that you attend online. You either watch a live video feed of the speaker or listen to the speaker through your computer, tablet or phone’s audio. You see the speaker’s slides, videos, and other presentation materials on your screen.
Can I ask questions during the webinar?
Yes. During the live webinar, you may submit questions and comments and the speaker will respond verbally. For a recorded webinar, your questions will be emailed to the speaker. You will typically receive a response from the speaker within two business days.
Can I attend using a tablet or smartphone?
Yes. You may attend a webinar using a computer, tablet or smartphone.
If I can’t attend a webinar live, can I view the recording later?
Yes. Shortly after each live program ends, we send all webinar registrants a link to the webinar recording. You can view the recording as many times as you like after the live webinar for up to 12 months.
What is an on-demand webinar?
An on-demand webinar is a previously recorded webinar that you may view at any time after your purchase for up to 12 months.
Can I stop a recorded webinar and start it later at the same point?
You can stop a recording and later log back in and navigate to any point in the webinar. The system will not force you to view the entire recording from start to finish.
Can I listen to recorded webinars on a tablet or smartphone?
Yes. You will be able to listen to any of our on-demand webinars on your computer, tablet, or smartphone.
Do the webinars qualify for Continuing Education Credit?
Almost all of our webinars are approved for continuing education credit, including CLE (in all states), CCB, CPE, HRCI, IRS and SHRM credit. Unlike many providers, we don’t charge you any additional fee to process your credit. If you have specific questions, please call us at 703-372-0550 or contact us.
Can I still receive Continuing Education Credits if I view the webinar recording instead of the live presentation?
In most cases, the answer is yes. Recorded webinars are not eligible for CLE credit in the following states: AR, KS, MS, NE, and RI. In all other jurisdictions, recorded programs are eligible for credit. In addition, CPE credit is not available for recorded webinars. Please note that recorded webinars are only eligible for a certain period of time based on the jurisdiction. To ask about your specific type of Continuing Education Credit or the requirements in your jurisdiction, please call us at 703-372-0550 or contact us.
Will I receive a certificate of completion after the course?
Yes. A certificate of completion will automatically be uploaded to your Clear Law Institute account after completing the live or on-demand webinar.
Do I need to be a member to receive a certificate of completion?
No. An account will automatically be created for you when registering for a webinar. You will then be able to access your certificate of completion after completing a webinar.
How do I determine my states’s CLE requirements.
Please find your state listed here with instructions for calculating the number of credits in your state.
How will I submit my attendance to receive CLE credit in my state?
Please find your state listed here with instructions for confirming your CLE attendance.
How does the money-back guarantee work?
Clear Law Institute stands behind all of its courses with a no-risk, money-back guarantee. If you are not satisfied with the quality of a webinar, we will fully refund your money—no questions asked. If you purchase an annual all-access membership, you can cancel within 14 days for a full refund.
There are no reviews yet.