Leading Experts on Combating Money Laundering to Gather in June

Apr 02, 2001, 01:00 ET from Strategic Research Institute L.P.

  NEW YORK, April 2 /PRNewswire/ -- Along with the advancement in technology
 and increasing economic growth, comes the perpetual rise in illicit funds
 being brought into the United States monetary system.  The updated estimates
 on how much money is infiltrated illegally into the US economy is somewhere
 between the numbers of $500 billion to $1 trillion and is still on the rise.
     Senator Levin has released new regulations in response to correspondent
 banking.  "KYC" has transformed into "Enhanced Due Diligence" and The Black
 Market Peso Exchange seems to becoming more apparent than ever.  The laws of
 integrating global money laundering policies with US policies is just one of
 the steps needed to allow companies to operate lawfully, efficiently and
 effectively.
     Ensuring full compliance in SAR Reporting, "KYC," the ability to identify
 Shell banks and contaminated money are just some of the tools that will be
 presented at Strategic Research Institute's Money Laundering Conference to
 take place on June 12 & 13, 2001 at the Hilton Old Town Alexandria in
 Alexandria, Virginia.
     This event will feature presentations from the US Department of Justice,
 the Department of Treasury, the American Bankers Association, the Securities &
 Exchange Commission, and more.  Also, there will be a case study on "Operation
 Casablanca" presented by five of the leading officials who were highly
 instrumental in the destruction of the Mexican Bank scandal, along with a
 special lunchtime presentation given by Kroll Worldwide.
     Whether you are an onshore or offshore mover of money, this high profile
 event has the leaders in the industry available to discuss, debate and analyze
 the issues needed to win the battle of Money Laundering.
 
     For more information on this event, contact Karen Genauer by phone at
 212-967-0095 x226 or by e-mail at kgenauer@srinstitute.com.
 
 

SOURCE Strategic Research Institute L.P.
  NEW YORK, April 2 /PRNewswire/ -- Along with the advancement in technology
 and increasing economic growth, comes the perpetual rise in illicit funds
 being brought into the United States monetary system.  The updated estimates
 on how much money is infiltrated illegally into the US economy is somewhere
 between the numbers of $500 billion to $1 trillion and is still on the rise.
     Senator Levin has released new regulations in response to correspondent
 banking.  "KYC" has transformed into "Enhanced Due Diligence" and The Black
 Market Peso Exchange seems to becoming more apparent than ever.  The laws of
 integrating global money laundering policies with US policies is just one of
 the steps needed to allow companies to operate lawfully, efficiently and
 effectively.
     Ensuring full compliance in SAR Reporting, "KYC," the ability to identify
 Shell banks and contaminated money are just some of the tools that will be
 presented at Strategic Research Institute's Money Laundering Conference to
 take place on June 12 & 13, 2001 at the Hilton Old Town Alexandria in
 Alexandria, Virginia.
     This event will feature presentations from the US Department of Justice,
 the Department of Treasury, the American Bankers Association, the Securities &
 Exchange Commission, and more.  Also, there will be a case study on "Operation
 Casablanca" presented by five of the leading officials who were highly
 instrumental in the destruction of the Mexican Bank scandal, along with a
 special lunchtime presentation given by Kroll Worldwide.
     Whether you are an onshore or offshore mover of money, this high profile
 event has the leaders in the industry available to discuss, debate and analyze
 the issues needed to win the battle of Money Laundering.
 
     For more information on this event, contact Karen Genauer by phone at
 212-967-0095 x226 or by e-mail at kgenauer@srinstitute.com.
 
 SOURCE  Strategic Research Institute L.P.