Deloitte names new Anti-money Laundering and Economic Sanctions leaders
New York, May 16, 2016 — Frederick E. Curry III has been named Deloitte Advisory Anti-money Laundering (AML) and Economic Sanctions practice leader and Michael Shepard has been named Deloitte Global AML, Economic
“With hundreds of professionals in the US and approaching 2,000 globally, Deloitte’s growing anti-money laundering and economic sanctions consulting practices offer a full range of services to financial services companies, card and alternative payment companies, casino and gaming companies, retailers and federal agency clients,” said Kevin McGovern, Deloitte Advisory partner and Regulatory & Compliance practice leader, Deloitte & Touche LLP. “Alison has led our team and served our clients incredibly well for years, and she’ll be missed. Fred and Michael are senior leaders who bring deep AML and sanctions experience, so I am confident they will take our practices to new levels of innovation and excellence.”
Don Fancher, Deloitte Global Forensics leader, added, "Increased regulatory enforcement of financial crime has made it one of the stay-awake issues for C-suite executives of major organizations regardless of industry, and anti-money laundering is a chief concern. We recognize the growing issues that financial institutions and corporations face as they confront the risks of money laundering, economic sanctions, and financial crime. Both Fred and Michael are senior AML professionals who help clients meet these ongoing challenges."
Based in Washington, D.C., Curry has served Deloitte Advisory's clients with AML, sanctions, and financial crimes matters since 2005. Earlier in his career, he led AML and Office of Foreign Assets Control (OFAC) examinations for the Federal Reserve Bank of New York, served as a senior director advising financial service industry clients on legal and regulatory risk compliance related matters at a national law firm, and spent 16 years in operations for a major US bank. He is a board member of Transparency International USA, as well as a Certified Anti-money Laundering specialist and Certified Third-Party Risk professional. Curry earned his bachelor's degree from Adelphi University, his master's degree in business administration from Fordham University, and his law degree from the Brooklyn Law School.
Based in Philadelphia, Shepard has served Deloitte Advisory's clients with AML, sanctions, and financial crimes matters since 2006. Earlier in his career, he was a prosecutor for the US Department of Justice's Tax Division Criminal Section, a partner in the white-collar criminal defense practice of a national law firm, and Bank Secrecy Act officer, and deputy general counsel at a national retail bank. He earned his bachelor's degree from the University of Michigan and law degree from the University of Pittsburgh School of Law.
About Deloitte Advisory
Deloitte Advisory helps organizations turn critical and complex business issues into opportunities for growth, resilience, and long-term advantage. Our market-leading teams help our clients manage strategic, financial, operational, technological and regulatory risk to enhance enterprise value, while our experience in mergers and acquisitions, fraud, litigation and reorganizations helps clients emerge stronger and more resilient.
As used in this document, "Deloitte Advisory" means Deloitte & Touche LLP, which provides audit and enterprise risk services; Deloitte Financial Advisory Services LLP, which provides forensic, dispute, and other consulting services; and its affiliate, Deloitte Transactions and Business Analytics LLP, which provides a wide range of advisory and analytics services. Deloitte Transactions and Business Analytics LLP is not a certified public accounting firm. These entities are separate subsidiaries of Deloitte LLP. Please see www.deloitte.com/us/about for a detailed description of the legal structure of Deloitte LLP and its subsidiaries. Certain services may not be available to attest clients under the rules and regulations of public accounting.