C18 - Fighting Fraud and Financial Exploitation Involving Elders and Vulnerable Adults

Description

• Evaluating the new Senior Safe Act to identify collaborative opportunities between financial institutions, regulators and law enforcement involving senior financial abuse

• Reviewing FINRA rule changes involving obtaining trusted contact person information for vulnerable adults and placement of temporary holds in cases of suspected exploitation

• Training relationship managers on red flags of elder abuse including atypical disbursements or asset transfers to ensure investigation and resolution of potential exploitation

Moderator(s):

• Susan J. Galli, CAMS, President, Galli AML Advisory, LLC

Speaker(s):

• Naomi Karp, J.D., Senior Policy Analyst, Consumer Financial Protection Bureau
• Elizabeth Loewy, Co-founder and Chief Operating Officer, EverSafe
• Scott Willis, Deputy Chief BSA/AML Officer, Raymond James Financial Inc.