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Title: 2013-08-05 - NMTA - Former FinCEN Director Freis to Address the Virtual Currenci Post by: btceic on August 05, 2013, 06:01:16 PM Former FinCEN Director Freis to Address the Virtual Currencies Community
Quote Virtual Currencies Compliance Conference, Wednesday, August 14, 2013, Hosted by the National Money Transmitters Association New York, New York (PRWEB) August 05, 2013 On Wednesday, August 14th, at the New York City Bar Association, former Financial Crimes Enforcement Network (“FinCEN”) Director James H. Freis, Jr. will address the first Virtual Currencies Compliance Conference (“VC3”), proudly hosted by the National Money Transmitters Association (http://www.nmta.us)! Few can speak as authentically as Mr. Freis on the federal approach to regulation of new money transfer technologies. It was during his tenure that FinCEN first issued rules on how the BSA would treat prepaid access (or stored value) products, including mobile and internet money transfer. Recent guidance from FinCEN further clarified that virtual currency Exchangers and Administrators were also to be considered money services businesses ("MSBs") under the Bank Secrecy Act (“BSA”). A short time later, Cease and Desist Orders were sent to many Bitcoin operators by the State of California, due to their lack of state licenses. Some virtual currency entrepreneurs, well aware of their anti-money laundering (“AML”) and state licensing obligations, integrated regulatory compliance into their business plans from the start. Some, however, may not have planned on the expense of compliance. They will now have to implement AML programs, get state-licensed and register with FinCEN, or risk facing criminal charges. Industry members who come to VC3 will be enlightened by Mr. Freis and seven other compliance experts in interactive sessions, and by a panel of their industry peers at the end of the conference day. There will be ample time to meet and chat with the experts and each other during a continental breakfast, buffet lunch and two coffee breaks. The day will finish with a networking cocktail mixer from 5:15 p.m. to 7:00 p.m.! From 7:00 p.m. to 8:30 p.m., VC3 attendees who want to help shape and protect the future of their industry are welcome to attend a discussion of lobbying and self-regulatory strategies. This meeting will be chaired by Ms. Constance Choi, General Counsel of Payward, Inc., one of the more than seventeen companies that have formed the Digital Asset Transfer Authority (DATA), a new self-regulatory effort that is making rapid progress and has garnered broad support from a large number of important industry players. Do not miss this intensive learning and networking experience, register now at http://www.nmta.us. Early Bird pricing has been extended to August 11, 2013. Please call David at (917) 921-9529 to see if you qualify for affinity discounts. http://www.prweb.com/releases/Regs/Bitcoin/prweb10996828.htm Title: Re: 2013-08-05 - NMTA - Former FinCEN Director Freis to Address the Virtual Currenci Post by: btceic on August 05, 2013, 06:03:45 PM Quote From 7:00 p.m. to 8:30 p.m., VC3 attendees who want to help shape and protect the future of their industry are welcome to attend a discussion of lobbying and self-regulatory strategies. Title: Re: 2013-08-05 - NMTA - Former FinCEN Director Freis to Address the Virtual Currenci Post by: vokain on August 05, 2013, 06:10:41 PM Quote From 7:00 p.m. to 8:30 p.m., VC3 attendees who want to help shape and protect the future of their industry are welcome to attend a discussion of lobbying and self-regulatory strategies. fantastic spot Title: Re: 2013-08-05 - NMTA - Former FinCEN Director Freis to Address the Virtual Currenci Post by: FreedomCoin on August 05, 2013, 08:34:33 PM is this an open discussion, can anyone attend?
Title: Re: 2013-08-05 - NMTA - Former FinCEN Director Freis to Address the Virtual Currenci Post by: btceic on August 05, 2013, 09:42:53 PM is this an open discussion, can anyone attend? more importantly can msantori go? Title: Re: 2013-08-05 - NMTA - Former FinCEN Director Freis to Address the Virtual Currenci Post by: ProfMac on August 05, 2013, 09:56:25 PM is this an open discussion, can anyone attend? more importantly can msantori go? He is listed as a speaker. It would be a nice touch if they accepted payment in bitcoin. Title: Re: 2013-08-05 - NMTA - Former FinCEN Director Freis to Address the Virtual Currenci Post by: btceic on August 05, 2013, 10:20:48 PM is this an open discussion, can anyone attend? more importantly can msantori go? He is listed as a speaker. for real? nice, apparently me reading skills have deteriorated lately... :o Title: Re: 2013-08-05 - NMTA - Former FinCEN Director Freis to Address the Virtual Currenci Post by: vokain on August 05, 2013, 10:24:17 PM is this an open discussion, can anyone attend? more importantly can msantori go? He is listed as a speaker. for real? nice, apparently me reading skills have deteriorated lately... :o it's this forum. you have to skim through everything and it screws you over when you have to do normal reading Title: Re: 2013-08-05 - NMTA - Former FinCEN Director Freis to Address the Virtual Currenci Post by: BCB on August 06, 2013, 08:48:32 PM Bitcointalk Discount. Save $100 on the Early Bird Special**
PAY IN BITCOIN! https://bitpay.com/cart?id=r0B0BVJvtpYqRX0X7A3pdR6STWqZ3fFVjX-BGn_XcLU= **Discount expires August 11th. If you are a miner, run a bitcoin business or are contemplating a bitcoin business you won't want to miss this opportunity to meet and interact with experts, professionals, regulators and Money Transmitters in the Money Service and Money Transmitter space. Wednesday August 14, 2013 8:00 am - 8:30 pm The New York City Bar Association 42 West 44th Street New York City, NY 10036 For More Information Contact David Landsman The National Money Transmitters Association 516-829-2742 david@nmta.us http://nmta.us/site/ VC3 Speaker Faculty Announced James H. Freis joined Cleary Gottlieb in their Washington Office in 2013 after serving ten years in the U.S. Treasury and at the Federal Reserve Bank of New York. Jim was Director of FinCEN from 2007 to 2012. There he led the development and enforcement of AML regulations and other financial crimes applicable to a broad range of financial institutions: banks, securities, insurance and money services businesses. He also led the expansion of these regulations to mortgage markets and emerging payment technologies. Judith Rinearson is a partner at Bryan Cave LLP. Ms. Rinearson is a recognized authority in the areas of payment systems, electronic payments, stored value, travelers checks and check processing. She has more than 20 years experience in the financial services industry, particularly in the areas of non-bank money services and payment products. Prior to her tenure with another New York law firm, Ms. Rinearson was group counsel for the American Express Global Travelers Cheque and Prepaid Service Group for more than 10 years. Marco Santori is a commercial litigator and business attorney at Nesenoff & Miltenberg, LLP in New York City. His business practice focuses on early-stage companies in the high-technology sector, including web, e-commerce and the burgeoning digital currency spaces. He advises his clients on regulatory matters, including the compliance with and avoidance of money services and securities regulations. Samuel Rosenthal is chair of Patton Boggs' Government Investigations and Litigation practice group and works out of both the New York and Washington offices. Mr. Rosenthal has more than 30 years of experience in federal litigation and white-collar defense and appellate matters. Before entering private practice, Mr. Rosenthal was employed with the DOJ in Washington, where he served as the chief of the Appellate Section, Criminal Division. Jean-Jacques (J) Cabou is a litigator and a partner at Perkins Coie in the firm’s Investigations & White Collar Defense practice. At both the trial and appellate level, J’s principal focus is on defending individuals and corporate entities against criminal and other government investigations, including in civil enforcement proceedings. J has particular experience in white collar matters and is a recognized authority on both state and federal civil forfeiture, seizure, and racketeering laws. Juan Llanos is co-founder, EVP and Compliance Officer of Unidos Financial Services, Inc., an innovative financial services and technology provider catering to merchants and under-banked end consumers in the US. He is responsible for the formulation and execution of the company’s technology strategy, as well as its AML and compliance risk management infrastructure. Previously, he was Chief Compliance Officer of Remesas Quisqueyana, Inc. in New York City. He is a member of the Bitcoin Foundation's Regulatory Affairs Committee, and writes about risk and virtual currencies in his blog ContrarianCompliance.com. Robert Pargac is the Director of Global Investigations and Compliance at Navigant Consulting. He is a lawyer and an MBA. His prior experience includes posts at 247 Card, Sigue Corporation and Western Union. He has significant international financial institution experience, and specializes in AML/CTF, OFAC, FCPA and white-collar defense, among many other areas. Connie Fenchel has graciously agreed to serve as Program Manager for VC3 (2013). Ms. Fenchel has a broad range of law enforcement, regulatory and management expertise in the areas of regulatory compliance, financial crimes and customs violations comprised of over 30 years of government and private sector experience. She is president of AML Experts, Inc., an independent consulting firm specializing in anti-money laundering, the Bank Secrecy Act and customs matters. David Landsman is an administrator who has worked his entire career in money transfer and specializes in BSA/AML compliance and state licensing. Executive Director of the National Money Transmitters Association since 2004, he has made strides in organizing the industry, promoting the image of licensed money transmitters and defending the industry’s right to maintain bank accounts. Title: Re: 2013-08-05 - NMTA - Former FinCEN Director Freis to Address the Virtual Currenci Post by: GenTarkin on August 07, 2013, 12:47:52 AM Wow, I hope some of the big names in bitcoin go to this, seems like its a big chance to get heard and feed the Fed some truth on bitcoin and bring up to date =)... ultimately hopefully to get them to walk away w/ decent intentions / ideas on howto address bitcoin going forth.
Title: Re: 2013-08-05 - NMTA - Former FinCEN Director Freis to Address the Virtual Currenci Post by: TheButterZone on August 07, 2013, 12:49:49 AM Unless the plan is to use reverse psychology on the Fed to try to trick them into doing good things... nothing good will come out of those scumbags.
Title: Re: 2013-08-05 - NMTA - Former FinCEN Director Freis to Address the Virtual Currenci Post by: btceic on August 07, 2013, 12:52:37 AM Somewhat related...
Quote a US federal judge presiding over a case with the SEC has formerly stated that bitcoin is a form of money. https://bitcointalk.org/index.php?topic=269313 Title: Re: 2013-08-05 - NMTA - Former FinCEN Director Freis to Address the Virtual Currenci Post by: BCB on August 07, 2013, 01:52:51 AM Wow, I hope some of the big names in bitcoin go to this, seems like its a big chance to get heard and feed the Fed some truth on bitcoin and bring up to date =)... ultimately hopefully to get them to walk away w/ decent intentions / ideas on howto address bitcoin going forth. That is the idea. The regulators are individuals just like you and me. I see this as a terrific opportunity for both sides to learn more about each others positions. And yes. There will be bitcoin stakeholders there. Both the Bitcoin Foundation and D.A.T.A. will be represented as well as other individual bitcoin businesses. I'm looking forward to a lively conversation. Title: Re: 2013-08-05 - NMTA - Former FinCEN Director Freis to Address the Virtual Currenci Post by: ProfMac on August 07, 2013, 01:55:35 AM Wow, I hope some of the big names in bitcoin go to this, seems like its a big chance to get heard and feed the Fed some truth on bitcoin and bring up to date =)... ultimately hopefully to get them to walk away w/ decent intentions / ideas on howto address bitcoin going forth. That is the idea. The regulators are individuals just like you and me. I see this as a terrific opportunity for both sides to learn more about each others positions. And yes. There will be bitcoin stakeholders there. Both the Bitcoin Foundation and D.A.T.A. will be represented as well as other individual bitcoin businesses. I'm looking forward to a lively conversation. I'm just a small time miner. I have a friend who is a new attorney. I wonder if we should go. Title: Re: 2013-08-05 - NMTA - Former FinCEN Director Freis to Address the Virtual Currenci Post by: bluefin on August 07, 2013, 01:58:01 AM Wow, I hope some of the big names in bitcoin go to this, seems like its a big chance to get heard and feed the Fed some truth on bitcoin and bring up to date =)... ultimately hopefully to get them to walk away w/ decent intentions / ideas on howto address bitcoin going forth. That is the idea. The regulators are individuals just like you and me. I see this as a terrific opportunity for both sides to learn more about each others positions. And yes. There will be bitcoin stakeholders there. Both the Bitcoin Foundation and D.A.T.A. will be represented as well as other individual bitcoin businesses. I'm looking forward to a lively conversation. Great news! Any chance of you guys live blogging it to us? Or is it expected to be televised? Title: Re: 2013-08-05 - NMTA - Former FinCEN Director Freis to Address the Virtual Currenci Post by: BCB on August 07, 2013, 02:01:30 AM Wow, I hope some of the big names in bitcoin go to this, seems like its a big chance to get heard and feed the Fed some truth on bitcoin and bring up to date =)... ultimately hopefully to get them to walk away w/ decent intentions / ideas on howto address bitcoin going forth. That is the idea. The regulators are individuals just like you and me. I see this as a terrific opportunity for both sides to learn more about each others positions. And yes. There will be bitcoin stakeholders there. Both the Bitcoin Foundation and D.A.T.A. will be represented as well as other individual bitcoin businesses. I'm looking forward to a lively conversation. I'm just a small time miner. I have a friend who is a new attorney. I wonder if we should go. Absolutely. I'm attending to learn, to engage and to advocate. I know a lot of the folks who will be attending and presenting and they are smart passionate individuals there who all want to see bitcoin thrive. Title: Re: 2013-08-05 - NMTA - Former FinCEN Director Freis to Address the Virtual Currenci Post by: BCB on August 07, 2013, 02:03:39 AM Wow, I hope some of the big names in bitcoin go to this, seems like its a big chance to get heard and feed the Fed some truth on bitcoin and bring up to date =)... ultimately hopefully to get them to walk away w/ decent intentions / ideas on howto address bitcoin going forth. That is the idea. The regulators are individuals just like you and me. I see this as a terrific opportunity for both sides to learn more about each others positions. And yes. There will be bitcoin stakeholders there. Both the Bitcoin Foundation and D.A.T.A. will be represented as well as other individual bitcoin businesses. I'm looking forward to a lively conversation. Great news! Any chance of you guys live blogging it to us? Or is it expected to be televised? A lot of folks are asking that question. I'll ask the presenters if they can make an effort to share the event. Title: Re: 2013-08-05 - NMTA - Former FinCEN Director Freis to Address the Virtual Currenci Post by: BCB on August 07, 2013, 02:41:36 PM Bitcointalk Discount. Save $100 on the Early Bird Special** PAY IN BITCOIN! https://bitpay.com/cart?id=r0B0BVJvtpYqRX0X7A3pdR6STWqZ3fFVjX-BGn_XcLU= **Discount expires August 11th. If you are a miner, run a bitcoin business or are contemplating a bitcoin business you won't want to miss this opportunity to meet and interact with experts, professionals, regulators and Money Transmitters in the Money Service and Money Transmitter space. Wednesday August 14, 2013 8:00 am - 8:30 pm The New York City Bar Association 42 West 44th Street New York City, NY 10036 For More Information Contact David Landsman The National Money Transmitters Association 516-829-2742 david@nmta.us http://nmta.us/site/ VC3 Speaker Faculty Announced James H. Freis joined Cleary Gottlieb in their Washington Office in 2013 after serving ten years in the U.S. Treasury and at the Federal Reserve Bank of New York. Jim was Director of FinCEN from 2007 to 2012. There he led the development and enforcement of AML regulations and other financial crimes applicable to a broad range of financial institutions: banks, securities, insurance and money services businesses. He also led the expansion of these regulations to mortgage markets and emerging payment technologies. Judith Rinearson is a partner at Bryan Cave LLP. Ms. Rinearson is a recognized authority in the areas of payment systems, electronic payments, stored value, travelers checks and check processing. She has more than 20 years experience in the financial services industry, particularly in the areas of non-bank money services and payment products. Prior to her tenure with another New York law firm, Ms. Rinearson was group counsel for the American Express Global Travelers Cheque and Prepaid Service Group for more than 10 years. Marco Santori is a commercial litigator and business attorney at Nesenoff & Miltenberg, LLP in New York City. His business practice focuses on early-stage companies in the high-technology sector, including web, e-commerce and the burgeoning digital currency spaces. He advises his clients on regulatory matters, including the compliance with and avoidance of money services and securities regulations. Samuel Rosenthal is chair of Patton Boggs' Government Investigations and Litigation practice group and works out of both the New York and Washington offices. Mr. Rosenthal has more than 30 years of experience in federal litigation and white-collar defense and appellate matters. Before entering private practice, Mr. Rosenthal was employed with the DOJ in Washington, where he served as the chief of the Appellate Section, Criminal Division. Jean-Jacques (J) Cabou is a litigator and a partner at Perkins Coie in the firm’s Investigations & White Collar Defense practice. At both the trial and appellate level, J’s principal focus is on defending individuals and corporate entities against criminal and other government investigations, including in civil enforcement proceedings. J has particular experience in white collar matters and is a recognized authority on both state and federal civil forfeiture, seizure, and racketeering laws. Juan Llanos is co-founder, EVP and Compliance Officer of Unidos Financial Services, Inc., an innovative financial services and technology provider catering to merchants and under-banked end consumers in the US. He is responsible for the formulation and execution of the company’s technology strategy, as well as its AML and compliance risk management infrastructure. Previously, he was Chief Compliance Officer of Remesas Quisqueyana, Inc. in New York City. He is a member of the Bitcoin Foundation's Regulatory Affairs Committee, and writes about risk and virtual currencies in his blog ContrarianCompliance.com. Robert Pargac is the Director of Global Investigations and Compliance at Navigant Consulting. He is a lawyer and an MBA. His prior experience includes posts at 247 Card, Sigue Corporation and Western Union. He has significant international financial institution experience, and specializes in AML/CTF, OFAC, FCPA and white-collar defense, among many other areas. Connie Fenchel has graciously agreed to serve as Program Manager for VC3 (2013). Ms. Fenchel has a broad range of law enforcement, regulatory and management expertise in the areas of regulatory compliance, financial crimes and customs violations comprised of over 30 years of government and private sector experience. She is president of AML Experts, Inc., an independent consulting firm specializing in anti-money laundering, the Bank Secrecy Act and customs matters. David Landsman is an administrator who has worked his entire career in money transfer and specializes in BSA/AML compliance and state licensing. Executive Director of the National Money Transmitters Association since 2004, he has made strides in organizing the industry, promoting the image of licensed money transmitters and defending the industry’s right to maintain bank accounts. Title: Re: 2013-08-05 - NMTA - Former FinCEN Director Freis to Address the Virtual Currenci Post by: FlipPro on August 12, 2013, 04:27:29 PM I will be there representing the Bitcoin Business Alliance as panelists industry Q&A.
The BBA has special ticket pricing for this event;if any of you are interested in attending please PM me for tickets. Thanks Title: Re: 2013-08-05 - NMTA - Former FinCEN Director Freis to Address the Virtual Currenci Post by: BCB on August 12, 2013, 04:31:18 PM FlipPro
What is the Bitcoin Business Alliance and who are they?? Title: Re: 2013-08-05 - NMTA - Former FinCEN Director Freis to Address the Virtual Currenci Post by: FlipPro on August 12, 2013, 04:42:17 PM FlipPro I am Director of Operations of the BBA.What is the Bitcoin Business Alliance and who are they?? The BBA is a non-profit business league that maintains relationships with some of the greatest minds in the crypto currency space. We have not been actively promoting the organization and have been focused in building up our honorary membership and setting up the fundamentals that are necessary for taking such an organization off the ground. The Bitcoin community will hear more about the BBA in the coming months, as we begin to ramp up our PR and Marketing campaigns, and start accepting general memberships from the whole community. Title: Re: 2013-08-05 - NMTA - Former FinCEN Director Freis to Address the Virtual Currenci Post by: kjlimo on August 12, 2013, 04:55:51 PM Can't wait to hear some youtube postings or read some transcripts!
Wish I could go! |