O'Melveny & Myers LLP
Laurel Loomis Rimon, former head of litigation for the Department of Justice’s Asset Forfeiture and Money Laundering Section, and former Chief of Special Prosecutions with the US Attorney’s Office for the Eastern District of California, is a Senior Counsel in the Washington, D.C. office of O’Melveny & Myers. As a member of the White Collar and Corporate Investigations and Fintech practice groups, she represents clients on a broad range of anti-money laundering and Fintech enforcement issues. Laurel also served in the Fraud and Public Corruption Section of the US Attorney’s Office for the District of Columbia, where she successfully handled the money laundering and money transmitting prosecution of the “e-gold” enterprise.
More recently, as General Counsel for the Department of Homeland Security Office of the Inspector General, Laurel served as primary legal counsel to the Inspector General on criminal and administrative investigations, audits, inspections, and congressional relations. Additionally, she served as an Assistant Deputy Enforcement Director at the Consumer Financial Protection Bureau, leading complex and sensitive investigations of bank and non-bank subjects.
Disruptor or partner? Competitor or Collaborator? Much has been made of the innovative nature of FinTech and its transformation of the financial services industry. The panel will discuss the application of these new technologies and questions and concerns regarding licensing and regulation.