Associate Director, Lisa D. Arquette, is responsible for the FDIC's policy, guidance, and examination procedures related to the Bank Secrecy Act (BSA), anti-money laundering (AML), counter-financing of terrorism (CFT), Office of Foreign Assets Control, and the FDIC's international assistance related to AML/CFT initiatives. Ms. Arquette is also responsible for oversight of the FDIC's application process related to transactions such as deposit insurance, mergers, and the acquisition of failed institutions by private investors.
Ms. Arquette had prior responsibility to administer programs related to fraud, fiduciary activities, government and municipal securities dealers, registered transfer agents, and the FDIC's background check process. Ms. Arquette began her FDIC career as a safety and soundness bank examiner and served in multiple positions since.
Ms. Arquette previously served as the Chairperson of the Federal Financial Institutions Examination Council's BSA/AML Working Group, and represents the FDIC on the BSA Advisory Group, Terrorist Finance Working Group, as well as the Florida International Banks Association Advisory Committee. Ms. Arquette has a Master of Business Administration, University of Houston, Bachelor of Criminal Justice New Mexico State University, graduated from the Stonier Graduate School of Banking, Georgetown University, and is a certified Anti-Money Laundering Specialist.