U.S. Capital Markets: The Developing Securities and Commodities Law Regulations, Anti-Money Laundry Rules and U.S. Tax Exposure Relating to Virtual Currencies

DIFC Academy in collaboration with Buchanan Ingersoll & Rooney PC proudly presents a webinar that will provide a comprehensive overview of the securities and commodities laws pertaining to cryptocurrencies; a succinct review of the anti-money laundering rules that apply to virtual transactions and the corresponding growing tax and reporting exposure.

Description

U.S. Capital Markets: The Developing Securities and Commodities Law Regulations, Anti-Money Laundry Rules and U.S. Tax Exposure Relating to Virtual Currencies - 400.00 AED
From : 17 Nov 2021 03:00 PM || To : 17 Nov 2021 05:00 PM

Topics:

The Developing SEC and CFTC Regulation of Cryptocurrency in the United States

  • Securities and Exchange Commission regulation explained 
  • What makes a crypto currency a security?
  • What are the resulting regulatory requirements?
  • SEC enforcement actions reviewed

CFTC Regulations

  • What makes a cryptocurrency a commodity?
  • What are the resulting regulatory requirements?
  • CFTC enforcement actions reviewed

An Evolving U.S. AML and Sanctions: Legal, Compliance and Regulatory Landscape for Cryptocurrency 

  • Review of current body of key U.S. legal and regulatory requirements
  • Identifying and describing the relevant regulatory and enforcement authorities 
  • Issue-spotting AML and OFAC matters in the crypto space
  • Explaining the crypto/fin-crime compliance obligations in the context of AML/OFAC regulations

U.S. Tax and Reporting Requirements for U.S. Taxpayers

  • Discussion of current U.S. tax rules and reporting requirements for U.S. taxpayers
  • Review of current available guidance as issued by the IRS
  • Discussion of President Biden’s legislative view of enforcement actions pertaining to cryptocurrencies (i.e., the President’s Green Book)
  • The future of cryptocurrency reporting for foreign cryptocurrency exchanges holding addresses/wallets for U.S. persons

 

Speakers:

Sahel Ahyaie Assar, Esq.

Counsel | Buchanan Ingersoll & Rooney PC

Sahel Ahyaie Assar is an international lawyer, whose practice focuses on the legal needs and issues relevant to large international families and entrepreneurs in Europe, the Middle East, and Asia with U.S. connections. She has extensive experience advising ultra-high-net-worth individuals and their closely held business interests and real property holdings with respect to international cross-border tax planning (inbound and outbound), international trusts and estates for families of substantial wealth, and compliance with U.S. tax reporting requirements such as assistance with the Foreign Account Tax Compliance Act (FATCA). In addition, Ms. Assar assists individuals with respect to reporting matters before the IRS, including representation in matters pertaining to taxation of cryptocurrencies, the IRS Offshore Voluntary Disclosure Program and the IRS Streamlined Filing Compliance Procedures. Ms. Assar’s practice also focuses on tax planning, structuring and related business advice for a wide range of corporations, LLCs, partnerships, trusts and individuals in both domestic and international tax matters. She counsels foreign individuals with respect to investments in the United States, pre-immigration planning, expatriation, the application of tax treaties, U.S. withholding obligations, offshore tax compliance, residency issues triggering U.S. taxation, and income, transfer tax and reporting obligations of foreigners. Additionally, Ms. Assar is the co-chair of her firm’s blockchain practice, including transactions pertaining to cryptocurrencies. 

Brian S. North, Esq.

Shareholder | Buchanan Ingersoll & Rooney PC

Brian S. North represents various public and private companies, private funds and investors in a wide range of domestic and cross-border transactions, including business combinations, divestitures, joint ventures, public and private offerings of securities and change-of-control matters. In addition, Brian has advised boards of directors and board committees on a variety of governance issues. He also provides advice to both well established and early stage companies on the acquisition, commercialization and licensing of technology. Brian is a co-chair of Buchanan's Securities Practice Group. He has represented clients in the industries of natural resources (oil and gas, coal and geothermal), life sciences, engineering and construction, healthcare, telecommunications, financial services, metals, defense, cable television, electric power generation and distribution, hospitality , specialty chemicals, logistics, transportation (water and motor carrier), apparel, advertising, protective coatings and industrial distribution.

Brian is listed in The Best Lawyers® in America (Corporate Law and Securities/Capital Markets Law) and has been named in the past as the Philadelphia "Lawyer of the Year" for Securities/Capital Markets Law. He has also been listed multiple times as a Global Leader in M&A by Who’s Who Legal. He is actively involved with the activities of the Mergers and Acquisitions Committee of the Business Law Section of the American Bar Association and has been a contributing author to a number of its publications. He is also a member of the Federal Regulation of Securities Committee and the former Chair of the Annual Review of Federal Securities Regulation published in The Business Lawyer.

 

John P. Cunningham, Esq.

Shareholder | Buchanan Ingersoll & Rooney PC

John P. Cunningham concentrates his practice on internal investigations, corporate compliance, and white collar defense. He advises clients on a broad range of criminal, regulatory, and compliance concerns, focusing on FCPA and global corruption, anti-kickback, money laundering, digital currency, export controls, trade sanctions, M&A due diligence, fraud, embezzlement, asset forfeiture, and cannabis law. His practice includes representing companies before the DOJ, FBI, SEC, FinCEN, HHS, OFAC, CBP, and state attorneys general in connection with such matters, counseling clients across a spectrum of sectors, including financial services, health care, life sciences, consumer products, hospitality, energy, manufacturing, retail, and entertainment. He also specializes in designing, developing, enhancing, and defending corporate compliance programs in harmony with current agency expectations and requirements.

 

For more information or to request for an assistance, please contact ACADEMY@difc.ae 

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U.S. Capital Markets: The Developing Securities and Commodities Law Regulations, Anti-Money Laundry Rules and U.S. Tax Exposure Relating to Virtual Currencies
Nov 17, 2021 3:00 PM -To- Nov 17, 2021 5:00 PM

U.S. Capital Markets: The Developing Securities and Commodities Law Regulations, Anti-Money Laundry Rules and U.S. Tax Exposure Relating to Virtual Currencies

In association with Buchanan Ingersoll & Rooney PC

2 CLPD Accredited
1
Total - 400 AED