Bates Group is expanding its national MSB, FinTech, and Cryptocurrency Practice with the addition of three leading Money Services Business industry professionals — including AML trailblazer Connie Fenchel (pictured below).
“Connie Fenchel is one of the nation’s leading AML/MSB experts,” said Brandi Reynolds, Bates Group’s MSB, FinTech, and Cryptocurrency Practice Leader. “With over 45 years of law enforcement and financial services-related experience, Connie is an industry trailblazer who brings her unparalleled knowledge, regulatory and compliance experience, and industry know-how to Bates.”
Connie joins Bates as a Strategic Advisor with more than four decades of government and private sector experience in law enforcement, financial crimes, regulatory compliance, anti-money laundering (AML), and sanctions. She is a former Deputy Director in the Financial Crimes Enforcement Network (FinCEN) of the U.S. Department of the Treasury. Before working at FinCEN, Connie had a lengthy career with the U.S. Customs Service in several senior-level positions. Upon retirement from government, she established AML Experts, Inc., an independent consulting firm assisting banks and non-banks in complying with AML laws and regulations. Full Bio
Ms. Reynolds also announced the addition of industry professionals Catherine Snyder and Justin Vick to Bates Group, further expanding the firm’s expertise and services in MSB, FinTech, and cryptocurrency.
Catherine Snyder joins Bates as a Program Director for the MSB practice, bringing her unique expertise at the intersection of information technology, process development, and system implementation. In this new role, she manages the group’s business development, information technology, and all business support including people, process, and systems implementations. Prior to joining Bates, Catherine served as Head of Digital Products for Monex Inc. since 2018. Full Bio
Experienced as a regulator and AML compliance professional, Justin Vick joins Bates’ MSB practice as a Senior Consultant. In this role, he provides support for diagnostic assessments of BSA/AML/OFAC compliance programs, MSB licensing, independent reviews, risk assessments, and ongoing support for compliance matters and training. Prior to Bates, Justin previously served as Senior Compliance Manager at CEX.IO Corporation, and he was a Senior Financial Examiner with the Washington State Department of Financial Institutions for 11 years. Full Bio
Bates Group’s MSB, FinTech and Cryptocurrency practice offers guidance and services for fintech and cryptocurrency firms. Our subject matter experts work directly with firms and counsel to design and implement policies to ensure they are AML-compliant. Our MSB and AML Teams also implement, manage, and maintain Money Transmitter Licensing processes and engage clients with BSA/AML/OFAC Program Development, Risk Management, Training, Advisory Services, and Independent Reviews.