Kris Andreassen concentrates her practice in financial services matters, including issues pertaining to the Bank Secrecy Act, other anti-money laundering (AML) laws and regulations, Office of Foreign Assets Control regulations, and state regulation of money services businesses (MSBs). She has considerable experience in assisting financial institutions and MSBs, including many prepaid card clients, in implementing and reviewing AML compliance programs, conducting risk assessments, obtaining state money transmitter licenses and ensuring ongoing compliance with state laws.
Kris is a co-author of the Network Branded Prepaid Card Association’s bi-weekly Government Update, and a contributing editor to Paybefore Legal. As such, she regularly monitors and reports on pending federal and state legislation and regulations in the areas of money transmitter licensing, consumer protection and abandoned property laws.
Publications
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“Developments in the Regulation of Prepaid Payment Products Under State Money Transmitter Licensing Laws,” The Business Lawyer (Nov. 2009) (co-authored with Judith Rinearson)
Professional Affiliations