Oscar A. Herasme counsels companies in the financial services industry on state and federal laws, compliance, and enforcement matters, including anti-money laundering ( AML), risk control, permissible investments, licensing and other regulatory issues. He represents banks, credit unions, specialty finance companies, and money service businesses ( MSB), including domestic and international remittance companies and currency exchange firms. Mr. Herasme also counsels these entities on a variety of corporate matters, such as the development of Sarbanes-Oxley policies and procedures, consumer privacy, and agency agreements.

Prior to joining Gonzalez Saggio & Harlan, Mr. Herasme served as President and General Counsel of External Compliance Officer, Inc. (“ECO”), a leading anti-money laundering compliance and transaction-monitoring firm based in New Jersey. From 1995 to 2000, Mr. Herasme was an Assistant District Attorney in the Trial Division at the New York County District Attorney’s Office in Manhattan. From 2000 to 2003, Mr. Herasme was in private practice providing corporate and litigation counsel to a variety of clients, including the government of the Dominican Republic. From 2002 to 2003, Mr. Herasme served as legal counsel to New York State Assemblyman Jose Peralta, who is the Chair of the Sub-Committee on Banking for Immigrants.

Mr. Herasme has served as a speaker and panelist at conferences focusing on the Bank Secrecy Act (BSA), the U.S.A. PATRIOT Act, the Office of Foreign Assets Control (OFAC), and domestic and international anti-money laundering practices and procedures. He has also written and presided over seminars on related topics, including 314(b) information sharing, wire transfer travel rules, agent risk assessments, and independent reviews of compliance programs.

Mr. Herasme received a Bachelor of Arts degree in Economics from Pace University and a Juris Doctorate degree from the University of Wisconsin, where he was a managing editor of the Wisconsin Law Review. He is also a certified professional of the Association of Certified Anti-Money Laundering Specialists (ACAMS™) based in Miami, Florida. Mr. Herasme is admitted to practice in New York and the U.S. District Court of the Western District of Wisconsin. He is fluent in Spanish. CORPORATE & TRANSACTIONAL AND LITIGATION