Compliance Round-Up: City Bar Series on COVID-19’s Impact on Ethics and Compliance
Lessons from History: Identifying and Mitigating a Borrower’s Regulatory Risks under the COVID-19 Financial Relief Programs (OnDemand)
Originally held on Tuesday, May 5, 2020 | 11:00 am - 12:30 pm
Please Note: This program will consist of audio-only instruction by the faculty, along with a visual aid presentation.
Program Fee:
$49 for Members | $99 for Nonmembers
Members who are Recent Law Graduates, Newly Admitted Lawyers (admitted for the first time in any state or country 2018-2020), In-House/Corporate Counsel, Judges, or attorneys that practice within the Government, Academic or Not-for-Profit sectors attend this program for free.
CLE Credit:
New York: 1.5 Professional Practice
New Jersey: 1.5 General
California: 1.0 General
Pennsylvania: 1.0 General
Connecticut: Available to Licensed Attorneys
This program provides transitional/non-transitional credit to all attorneys
Description
The federal government has committed nearly $3 trillion to COVID-19
financial relief programs, dwarfing all other economic stimulus packages
that followed national crises. And this number continues to grow.
However, borrowers should beware. As with prior disaster relief
stimulus packages, companies should expect the COVID-19 financial relief
programs to be followed by strict government oversight, whistleblower
reports of alleged abuse, and targeted audits, investigations, and
enforcement actions.
In this CLE webinar, you will hear from Alixandra Smith, Chief of the
Business and Securities Fraud Section of the U.S. Attorney’s Office for
the Eastern District of New York, George Stamboulidis, a former federal
prosecutor and Managing Partner at BakerHostetler, and Frances McLeod,
Founding Partner of Forensic Risk Alliance, on the regulatory risks
borrowers face under the COVID-19 financial relief programs and what
they could do now to prevent costly government fraud investigations and
litigation down the road. Program topics will include:
- History of increased government fraud investigations and
prosecutions against stimulus recipients in the wake of national
emergencies
- Key borrowing provisions of the COVID-19 financial relief programs
- Government oversight mechanisms established under the CARES Act
- The federal government’s current focus on combating COVID-19 related crime
- Proactive compliance measures to mitigate regulatory risk
Click Here to View Program Agenda & Faculty
Moderator:
Patrick T. Campbell, BakerHostetler
Sponsoring Association Committee:
Compliance , Patrick T. Campbell, Chair