Office of Technical Assistance (OTA)
U.S. Department of the Treasury
Mr. Nollner has more than 40 years of experience in AML/CFT financial institution supervision and consulting. Mr. Nollner spent 30 years as a National Bank Examiner for the Comptroller of the Currency where he was a safety and soundness examiner and a compliance examiner. As a safety and soundness examiner, he examined national banks for capital adequacy, asset quality, management issues, earnings concerns, and liquidity funding. As a compliance examiner, he examined national banks for compliance with consumer laws and regulations such as the Truth-in-Lending Act, the Real Estate Settlement Procedures Act, the Flood Disaster Protection Act, the Community Reinvestment Act, and AML/CFT laws and regulations. His specialty was as an AML/CFT examiner, where he analyzed AML/CFT programs to ensure that these programs fully complied with applicable banking laws, rules, and regulations; he reviewed suspicious transactions identification, monitoring, and reporting process; he traced proceeds and transactions through several layers of activity; and, he reviewed AML/CFT processes and procedures to determine root causes of AML/CFT program weaknesses.
Mr. Nollner currently works as a banking consultant for several large international consulting firms, he has functioned as an expert witness in several AML/CFT cases, and he is employed by the Office of Technical Assistance (OTA), a branch of the US Treasury that assists developing countries with banking issues. Working for the OTA, Mr. Nollner is assigned to the Economic Crimes Team focusing on training, assisting, and mentoring the staffs of the financial regulatory departments and financial intelligence units of various countries regarding AML/CFT compliance. In this capacity, Thomas works in developing countries such as Afghanistan, Iraq, Kosvo, Paraguay, Liberia, and Viet Nam developing AML/CFT examination procedures, providing AML/CFT training and mentoring, and updating local AML/CFT laws and regulations.