The Global Knowledge Congress Has Scheduled a Teleconference in June 2006 Examining Recent Changes in The Patriot Act & Anti-Money Laundering Compliance

New York, NY, May 31, 2006 --(PR.com)-- The Global Knowledge Congress, the leading producer of regulatory focused teleconferences has announced today that it has scheduled a teleconference examining recent changes in The Patriot Act and Anti-Money Laundering Compliance on June 20, 2006 at 11:00 AM (EDT)

The Patriot Act was formed in response to the terrorist attacks against the U.S. on September 11, 2001. This legislation dramatically expanded the authority of U.S. law enforcement for the stated purpose of fighting terrorist acts in the United States and abroad. Its impact has been far-reaching and in some cases has unexpectedly changed the ways in which businesses operate. Nowhere is this more evident than in the financial services industries, particularly in anti-money laundering procedures. The Patriot Act has not only changed the hard rules governing this process, but many of the "soft" rules as well. Seemingly without warning, long-standing financial definitions have changed or have expanded to include new elements. The Global Knowledge Congress has assembled a team of well-distinguished AML experts to help analyze these changes and their impact on the companies servicing this industry. These experts will present their findings, which include a "best practice" panel at a comprehensive two-hour teleconference scheduled for Tuesday, June 20, 2006 at 11:00 a.m. (EDT) to analyze this critical legislation.

About The Global Knowledge Congress

The Global Knowledge Congress is an organization that produces teleconferences that examine regulatory changes across a variety of industries. “We bring together the world's leading authorities and industry participants through informative two-hour teleconferences to study the impact of changing regulations.” To contact, please visit: http://www.knowledgecongress.org

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