Frederick Curry has been named Deloitte Advisory anti-money laundering (AML) and economic sanctions practice leader. Michael Shepard has been named Deloitte Global AML, economic sanctions and financial crimes leader. They succeed Alison Clew who will retire in May. Curry, Shepard and Clew are principals in Deloitte Transactions and Business Analytics.
Based in Washington, D.C., Curry has served Deloitte Advisory’s clients with AML, sanctions and financial crimes matters since 2005. Earlier in his career, he led AML and OFAC examinations for the Federal Reserve Bank of New York, served as a senior director advising financial service industry clients on legal and regulatory risk compliance related matters at a national law firm, and spent 16 years in operations for a major U.S. bank. He is a board member of Transparency International USA, as well as a certified AML specialist and certified third-party risk professional.
Based in Philadelphia, Shepard has served Deloitte Advisory’s clients with AML, sanctions and financial crimes matters since 2006. Earlier in his career, he was a prosecutor for the U.S. Department of Justice’s Tax Division Criminal Section, partner in the white-collar criminal defense practice of a national law firm, and Bank Secrecy Act officer and deputy general counsel at a national retail bank.