Task Force Actions

Task Force Actions

The Task Force is currently working on the implementation of its mission's objectives. We have established contact with the U.S. Government inter-agency working group and with several U.S. and foreign entities concerned by Gatekeeper Initiatives. We are preparing programs and seminars for legal professionals and law schools. We are conducting an in-depth analysis of the legal rules that delimit the legal practice. We are reviewing ABA policies, in particular Model Rule 1.6.

The Task Force recently submitted comments on the FATF's Review of the Forty Recommendations Consultation Paper. Links to both documents are provided below.

Review of the FATF Forty Recommendations Consultation Paper

Task Force Comments

Task Force Comments on Gatekeeper Provisions of FATF Consultation Paper

Report of the American College of Trust and Estate Counsel in Response to the Revised FATF Recommendations

Letter from the Task Force to the FATF: FATF Revised Forty Recommendations and the Legal Profession

Letter from the U.S. Department of Justice to ABA President A.P. Carlton: FATF Activities

In February 2003, the ABA House of Delegates approved a resolution submitted by the Task Force that urges reasonable and balanced initiatives designed to detect and prevent domestic and international money laundering.

In August 2003, the ABA House of Delegates approved a resolution submitted by the Task Force on Corporate Responsibility that amends Rule 1.6(b) of the ABA Model Rules of Professional Conduct to permit the lawyer to reveal information relating to the representation of a client to the extent the lawyer reasonably believes necessary and to amend the related Comment to Rule 1.6

Letter from the Task Force to FinCEN: Section 352 Real Estate Settlements

Letter from the ABA Section of Real Property, Probate and Trust Law to FinCEN: Advance Notice of Proposed Rulemaking for Persons Involved in Real Estate Closings and Settlements

Letter from the American College of Real Estate Lawyers to FinCEN: Advance Notice of Proposed Rulemaking for Persons Involved in Real Estate Closings and Settlements

Letter from The Florida Bar Real Property, Probate & Trust Law Section to FinCEN: Anti-Money Laundering Requirements for Persons Involved in Real Estate Closings and Settlements

Letter from the National Association of Realtors to FinCEN: Anti-Money Laundering Program Requirements for Persons Involved in Real Estate Closings and Settlements

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