Equity Partner, Financial Services Regulatory Team Co-leader, Cuba Action Team Leader
Holland & Knight LLP
As partner in Holland & Knight’s Miami office, co-leader of the firm’s Financial Services Regulatory Team, and leader of the firm’s Cuba Action Team, Andres Fernandez practices in the areas of banking law and financial services, focusing on licensing, regulatory and compliance matters. With an emphasis on Bank Secrecy Act, anti‐money laundering, and Office of Foreign Assets Control issues, Andy counsels a broad range of clients such as domestic community banks, foreign banks, broker dealers and money service businesses (including virtual/digital currency and Bitcoin) in the U.S. and throughout Latin America.
Andy has represented financial institutions in such diverse matters as the establishment of U.S. offices and branches of foreign banks, de novo formations, resolution of regulatory enforcement actions, representation before various regulatory or enforcement agencies and resolution of potential civil and criminal monetary penalties, fines and forfeitures before U.S. regulators, FinCEN, OFAC and the DOJ.
Andy serves as Sanctions Subcommittee Chair for Florida International Bankers Association (FIBA); member of the U.S. Department of the Treasury, Financial Crimes Enforcement Network, Bank Secrecy Act Advisory Group; Board of Directors member, South Florida Banking Institute; member, Cuban American Bar Association. He is fluent in Spanish and an avid speaker at regional and international banking conferences and training seminars.
OFAC sanctions have evolved from targeting drug kingpins as part of the U.S. anti-money laundering program to targeting corrupt officials and human traffickers as part of foreign policy. The panel will discuss this evolution and what can be expected in the future.
OFAC sanctions and Executive Orders have created an extremely challenging environment for banks to conduct business with Venezuela and its citizens. Our panel of experts will cover everything you need to know and arm you with best practices for mitigating Venezuelan AML/OFAC risks.