MTRA’s 20th Annual Conference was held August 30 – September 2, 2010 at Squaw Creek Conference Center, Olympic Village, California. More than 180 regulators and industry officials attended the four day event, representing 26 member states and over 55 money transmitters across the country. The conference was opened by MTRA President Joseph E. Rooney of Maryland who gave an in memoriam address about MTRA founder Nannette Smith, who passed away earlier this summer. California Commissioner William Haraf welcomed the conferees to California.
FinCEN Director James Freis delivered the keynote address focusing on the recently proposed prepaid card regulations. The program provided an opportunity to facilitate networking and the exchange of ideas and information between and among industry and regulators. There were timely panel presentations on prepaid cards, what law enforcement does with SAR filings, monitoring and aggregating data on customer activity, Grand Jury investigations, best practices to analyze transmission data, a legislative update, and a closing session on banking MSBs. Speakers from many federal agencies were featured including the IRS, FinCEN, OFAC, US Immigration and Customs Enforcement, the US Department of Justice Drug Enforcement Section, and the US Department of Justice Asset Forfeiture and Money Laundering Section.
PDF files of many of the presentations can be found in the Annual Conference section of the MTRA website.
In closing, President Rooney announced that the 2011 conference will be held in Jacksonville, FL on October 3-6, 2011.