Dangerous Waters: AML/SAR, SAFE Act and Lease-to-Purchase – What You Need to KnowRead Time: 1 min
Manufactured Housing Institute
2013 National Congress & Expo for Manufactured and Modular Housing
Paris Hotel – Las Vegas
Speaker: Marc Lifset, McGlinchey Stafford
Today’s legal environment presents significant challenges for retailers and community operators looking for sales financing solutions. To avoid unpleasant encounters with regulators, you must navigate Anti-Money Laundering and Suspicious Activity Reporting Regulations, the SAFE Act and other licensing laws, and state and federal law regulating lease-to-purchase transactions. This workshop will identify compliance triggers, explore how covered individuals and companies can comply with these laws, and examine practical compliance strategies.