Deloitte has appointed Frederick Curry III and Michael Shepard as leaders of the anti-money laundering and economic sanctions advisory practice and global AML, economic sanctions and financial crimes practice, respectively.
Don Fancher, Deloitte global forensics leader, said in a release posted Monday, that senior AML professionals Curry and Shepard will work to help clients address growing risks posed by money laundering, financial crime and economic sanctions.
“Increased regulatory enforcement of financial crime has made it one of the stay-awake issues for C-suite executives of major organizations regardless of industry, and anti-money laundering is a chief concern,” Fancher noted.
Curry and Shepard will succeed Alison Clew, a fellow principal in Deloitte’s transactions and business analytics business who will retire this month.
Deloitte hired Curry in 2005 and Shepard in 2006 to assist clients with AML, sanctions and financial crime matters.
Curry is a certified anti-money laundering specialist and third-party risk professional who has worked for the Federal Reserve Bank of New York.
Shepard is a white-collar criminal defense attorney who previously served as a prosecutor for the Justice Department‘s tax division criminal section.
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