Description

Headlines about money for small businesses going instead to large ones, an FBI inquiry of participating lenders and charges against a growing number of fraudsters all point to a possible backlash against the financial institutions that distributed hundreds of billions of dollars under the CARES Act’s Paycheck Protection Program.

Although lenders were seen as mere conduits for PPP money, panelists will detail what compliance professionals can do now to prepare for the coming legislative and regulatory scrutiny, how they can proactively identify PPP-related fraud and what lessons lenders should incorporate into their anti-financial crime policies and procedures.

Session Evaluation:  https://dvg.ca1.qualtrics.com/jfe/form/SV_9ZvO8P4N09fJxmB

Moderator(s):

• Kieran Beer, CAMS, Chief Analyst, Director of Editorial Content, ACAMS

Panelist(s):

• Eric I. Goldberg, Fintech and Consumer Finance Partner, Akerman LLP
• Jim Richards, Principal and Founder, Regtech Consulting, LLC