--To the press -
FRONTEO Holds Online Seminar Co-sponsored by US Law Firm Sidley Austin
US Anti-Money Laundering Regulatory Trends Cross-Border Surveys and Technology Impact
Masahiro Morimoto, President and CEO
東京 都 港区 港 南 2-12-23
(Code number: 2158 TSE Mothers)
FRONTEO Inc. (Headquarters: Minato-ku, Tokyo, President: Masahiro Morimoto, hereinafter FRONTEO) announced on September 9 that the law firm Sidley Austin LLP (Headquarters: Illinois, USA, Management Committee Chair: Larry A. Barden) We will hold a co-sponsored online seminar entitled "Trends in Anti-Money Laundering Regulations in the United States: Cross-Border Survey and Impact on Technology".
In recent years, crackdowns on money laundering have become stricter worldwide from the perspective of preventing international crimes, including terrorism.In January 2021, the Anti-Money Laundering Act of 1 was enacted in the United States as part of the Defense Authority Act, and the EU is developing legislation to establish a money laundering supervisory body. increase.In Japan as well, the Financial Services Agency revised the "Guidelines for Money Laundering and Countermeasures against Terrorist Financing" in February this year, requiring financial institutions to establish a response system by 2020.Keeping up-to-date with money laundering regulations is essential for cross-border trading companies and financial institutions.
In this webinar, Attorney Timothy J. Treanor, Global Co-Leader of Sidley Austin LLP's White-collar Criminal Defense and Investigation Practices Group, provides updates on US Money Laundering Prevention Act and its impact on cross-border financial transactions. increase.In addition, we will discuss how technology can help mitigate the costs and risks of making such transactions.
Date and time:2021 year 9 month 10 day (Friday) 10: 00 to 11: 00
form:Held online (Zoom)
Instructor: Sidley Austin LLP Partner Attorney Timothy J. Treanor
FRONTEO USA Engagement Management & Data Science Director Vlad Lobatchev
Moderator:FRONTEO USA Sales & Marketing Division Vice President Shiho Tanaka
FRONTEO USA Technical Fellow Brian Moore
Overview:It provides up-to-date information on US Money Laundering Prevention Acts and their impact on cross-border financial transactions, as well as discusses the role of technology in reducing the costs and risks of conducting cross-border financial transactions.
[Biography of Timothy J. Treanor Attorney]
Treanor, global co-leader of Sidley Austin LLP's White Color Criminal Defense and Investigation Practices Group, is a former federal prosecutor and a variety of federal states, including the US Department of Justice (DOJ) and the Securities and Exchange Commission (SEC). • Representing companies and individuals in investigations, coercion, and prosecution conducted by state government agencies.We also frequently conduct parallel criminal and civil proceedings and global investigations involving executive agencies from multiple countries. Corporate clients represented by Treanor are leading companies in a variety of industries, including financial services, pharmaceuticals, insurance, oil and energy, and technology.Advice on building internal compliance programs for companies and compliance on numerous criminal issues such as the Foreign Corrupt Practices Act (FCPA), Anti-Money Laundering (AML), sanctions, fraud detection, anti-counterfeiting, and Internet gambling issues. We provide counseling.
Treanor is ranked as a leading lawyer in Chambers USA magazine in both the White-collar Crime and Government Investigations Division in New York and the FCPA Division in the United States. In the 2021 edition, "He sets an example for both highly thoughtful counseling based on his deep experience as a prosecutor and his ability to connect client compliance needs with the need to run a business." He is a big thinker who takes his approach carefully and sticks to that approach. " In 2020, he was recognized in The Best Lawyers in America in the field of white-collar law for criminal defense.Prior to that, he was named “Attorneys Who Matter” by Ethisphere Magazine and was featured in the 2015-2020 editions of Who's Who Legal: Business Crime Defense and The Legal 500 US.He was also named FCPA and Fraud Leader in Latin America by Latinvex magazine and is recognized as a leading Irish lawyer in the Irish Legal 100. He has been ranked several times in Benchmark Litigation's “Future Star” and has been ranked top in Super Lawyers as a white-collar crime lawyer in New York.
■ About Sidley Austin LLP
Sidley Austin LLP is a law firm founded in 1866 in Chicago, Illinois, USA.It is one of the top law firms based in the United States and has a total of 1 offices in the United States, Europe and Asia Pacific.
■ About FRONTEO URL:https://www.fronteo.com/
FRONTEO uses the in-house developed AI engine "KIBIT" and "concept encoder" specializing in natural language processing to extract meaningful and important information from a huge amount of text data to support corporate business. A data analysis company. Since its establishment in August 2003, it has been expanding globally to Japan, the United States, South Korea, and Taiwan, focusing on legal tech businesses such as "e-discovery (electronic discovery)" and "digital forensic investigation" that support international litigation of companies. Has been deployed.Based on the AI technology cultivated in the legal tech business, we expanded the business field to the life science field, business intelligence field, and economic security from 8, and by using AI to "turn text data into knowledge" , Drug discovery support, dementia diagnosis support, financial / personnel / sales support, etc., contributing to solving various corporate issues. Listed on TSE Mothers on June 2014, 2007. Obtained a first-class medical device manufacturing and sales business license in January 6 (permit number: 26B2021X1), and notified the managed medical device sales business in April of the same year (notification number: 13 Minato Misei Equipment No. 1).The capital is 10350 thousand yen (as of March 9, 3).
* FRONTEO, conceptencoder, and KIBIT are registered trademarks of FRONTEO in Japan.