ABA/ABA Money Laundering Enforcement Conference Materials

On October 21-23, 2001, the American Bar Association/American Bankers Association held the annual program. As usual, its materials contain an abundance of excellent information for professionals. Michael F. Zeldon, Deloitte & Touche L.LP, prepared a paper on Correspondent Banking and Money Laundering, which summarizes the hearings and recommendations of the Permanent Subcommittee on Investigations (PSI). The PSI work led to many of the provisions of Title to the U.S. Patriot Act. Despite the enactment of the money laundering and related provisions the day after the program and hence the unavailability at the time of preparation of the papers of the precise provisions of the Patriot Act, the materials contain a wealth of invaluable materials, both primary documents and analyses by practitioners and regulators and all in one binder. The diversity, depth and practicality of the materials are their chief utility. Together with the cassettes of the audio material, the written materials are economically priced.