COMPLIANCE IN ELECTRONIC FUND TRANSFERS
This advanced law course delves into the intricate legal landscape surrounding electronic fund transfers (EFT). With an increasing reliance on electronic payment systems and cross-border transactions, there is a mounting need for legal experts proficient in the regulatory framework that governs these financial mechanisms. This course focuses on the United States’ legal system but also touches upon international regulations and compliance measures. Topics range from understanding the Electronic Fund Transfer Act (EFTA) to Anti-Money Laundering (AML) policies, GDPR implications, and global cross-border issues.
Course Objectives
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To understand the foundational regulatory frameworks of electronic fund transfers.
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To scrutinize and analyze case law associated with EFTs.
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To comprehend the implications of non-compliance in electronic fund transfers.
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To examine cross-border transaction compliance, including international treaties and regulations.
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To explore technological challenges and future trends in compliance in electronic fund transfers.