Founder, Finreg Partners
DENA SOMERS is the founder of Finreg Partners, a regulatory compliance and risk management firm for the banking and financial services industries.
Drawing on more than 20 years of legal and regulatory compliance experience in the banking and financial services industry, she helps clients navigate complex regulatory and compliance challenges by providing hands-on expertise in all areas of BSA/AML and consumer lending compliance. As a leading expert in her field, Dena provides compliance guidance and training nationwide on the most pressing issues in the industry, including, anti-money laundering, cybersecurity, cannabis and high-risk banking, GLBA and privacy compliance, Fintech, and regulatory risk management.
Prior to founding Finreg Partners, Dena served as General Counsel/Chief Compliance Officer to a national mortgage servicing company, regional mortgage lender, Fintech installment lender, and one of the largest Money Service Businesses in the U.S. In private practice, she has represented both consumers and financial institutions in a broad array of complex litigation matters for more than 15 years.
Dena authors several compliance and risk management publications for LexisNexis® including, Regulatory Compliance: Anti-Money Laundering and Counter-Terrorism Financing, BSA/AML Internal Audit and Risk Management, BSA and AML Service, BSA Officers Handbook, Bank and Credit Union Regulatory Compliance Alert, Bank Security Desk Reference, Loan Policies Manual, Self-Paced Loan Documentation and Training, and Bank Teller Training and provides guidance on the regulation of financial services as an attorney author for Lexis Practice Advisor. She has served as an expert witness in both federal and state courts and is an experienced public speaker on compliance and emerging trends, having presented before the Virginia legislature, CBS news, and numerous industry trade associations.
Many organisations globally are faced with a multitude of money laundering and terrorism financing risks. The US AML-CTF module offers practical guidance on the identification, mitigation and the management of their money laundering and terrorism financing risks.