The MoneyLaundering.com 17th Annual International Anti-Money Laundering Conference - March 21-23, 2011, The Westin Diplomat, Hollywood, Florida USA


"Excellent conference! It's very important for us to know the U.S.A regulatory positions in different topics and share with other countries and colleagues."

Claudia Lavechia
Account Manager
Banco de la Republica Oriental del Uruguay


"Informative – Highlights developing trends in prevention & detection of ML and international best practices."

Gina Phillips Black
Partner
Myers Fletcher & Gordon


"This is the Rolls Royce of all the AML conferences."

Charles A. Mella
Executive Vice President
The Frost National Bank


"[This] conference provides up-to-date information that is useful in understanding the scope & significance of harboring a compliance culture in my institution."

Deca Penn
Regulator
BVI Financial Services Commission


"It addresses the most current topics – Provides insight and ideas that save time and money."

Lenette Santiago
AML Investigator
Intesa Sanpaolo

Conference Program


GENERAL SESSIONS AUDIT TECHNIQUES AND TOOLS NON-DEPOSITORY INSTITUTIONS
GLOBAL AML COMPLIANCE TRENDS IN TECHNOLOGY SECTOR WORKING GROUPS
GLOBAL RISK AND OPPORTUNITIES LATIN AMERICA AND THE CARIBBEAN AML EDUCATION SESSIONS

Click on the plus icon (+) to view the description and speakers for each session.

PRE- & POST-CONFERENCE WORKSHOPS

Get the most out of your conference experience by attending targeted pre- and post-conference workshops. Each half-day session offers in-depth, practical guidance to augment your knowledge and provide you with tools and strategies that you can immediately apply to your AML program. (Separate registration is required. Workshop registration includes materials and refreshments. See back page for registration details.)

WORKSHOP A:
Benchmarking Your AML/CTF Program: Assessing Deficiencies to Avoid an Investigation

Sunday, March 18  |  2:00 PM – 5:00 PM

With so many well-established institutions under intense regulatory scrutiny for failure to implement effective AML programs, this must-attend workshop is tailored to the needs of compliance professionals in global banks and financial institutions. Let expert presenters walk you through details of recent enforcement actions and pinpoint the specific missteps that led to the breakdown of the compliance program. Then, participate in exercises to assess your institution’s vulnerabilities and outline a plan to correct weak spots. Strategies to navigate the massive complications of acquiring and merging with another entity will also be outlined. And finally, the scope of your institution’s internal audit process will be explored as an essential step to test your program’s effectiveness.

Attend this hands-on workshop to:

  • Calibrate your AML program to the specific risks your institution faces
  • Ensure that written policies and procedures are adhered to across the organization
  • Apply consistent data system controls to accommodate conflicts across jurisdictions
  • Review the key elements of a successful audit and learn how to apply findings to strengthen your institution’s program
  • Learn to adequately address regulatory questions and expectations regarding EDD and other processes

Speakers:

Steve Lindsey, Director, Internal Audit, Citigroup

Dennis Lormel, President, DML Associates

Michael Schidlow, Esq., CAMS, Vice President, Senior Investigator, Bank of America

WORKSHOP B:
Counter Terrorist Financing: New Intelligence Methods to Detect, Deter, and Disrupt Terrorist Financial Operations

Sunday, March 18  |  2:00 PM – 5:00 PM

Through actionable intelligence, this workshop shows you how to mitigate the risk to your financial institution of money laundering and fraud by terrorist organizations. Join your peers in a unique task-based workshop that places you in the middle of a Terrorist financing operation—will you be able to detect, deter, and disrupt that operation?  Don’t miss this opportunity to learn awareness techniques that can elevate your existing AML/BSA program into an AML/BSA/CTF program. 

This targeted workshop empowers you to:

  • Step inside the mindset and modus operandi of a terrorist financier
  • Understand how the due diligence and investigations process is integral to the intelligence cycle
  • Recognize fundraising typologies and the abuse of financial products
  • Engage in the 360° view of financial intelligence to mitigate illicit fund movement

Speakers:

Tracy MacDonald, Lead Associate, Booz | Allen| Hamilton

Damian McLoughlin, Chief Executive Officer, Analysis International Group

Brian Stoeckert, CAMS, Associate, Financial Crimes, Booz | Allen| Hamilton

Grahame White, Director, Analysis International Group

WORKSHOP C:
Understanding OFAC and International Sanctions Requirements to Mitigate Risk and Prevent Penalties

Wednesday, March 21  |  2:00 PM – 5:00 PM

It is expected that financial institutions around the world understand and fulfill their obligations under the US Department of Treasury’s Office of Foreign Assets Control (OFAC) rulings and other issuances. However, a plethora of sanctions programs outside the United States also require extra-territorial compliance—and many of these requirements pose potential compliance conflicts. This hands-on workshop provides up-to-date information on extra-territorial sanctions programs and offers detailed compliance recommendations to help prevent sanctions violations from harming your institution’s reputation and bottom line.

You will learn:

  • How to stay abreast of OFAC, United Nations, and other jurisdictional sanctions program
  • Strategies for linking sanctions management with KYC and enhanced due diligence
  • How to uncover the true relationship between a business counterpart and sanctioned countries
  • Tips to identify and mitigate your exposure to indirect sanctions risk
  • Best practices for monitoring, reporting and investigating sanctions-related issues

Speakers:

Francisco Rapp, Chief Sanctions Officer, Global Sanctions Compliance, Citigroup

Tim White, CAMS, National Risk Specialist, BSA-OFAC, Banker’s Toolbox

WORKSHOP D:
Effectively Managing Your AML Quality Assurance Program

Wednesday, March 21  |  2:00 PM – 5:00 PM

Regulator expectations around AML quality assurance programs are increasing to now require a fully developed AML audit program. Previously, regulators simply posed a level of sophistication and detail approaching that of a bank’s QA program, but compliance officers are finding they are now expected to offer a detailed analysis of their QA program’s effectiveness, quality and timeliness. How can you prepare for this transition to ensure you have an appropriate system in place? How can you stay ahead of the regulatory curve? Attend this workshop to learn the essentials of a solid QA program.

In this interactive workshop, you will:

  • Assess gaps and establish key elements to consider within your QA program
  • Understand current regulations and guidelines to achieve an acceptable quality assurance review and stay ahead of the regulatory curve
  • Learn to link your institution’s QA program with the AML compliance process

Speakers:

Laura Goldzung, CAMS, AML Specialist, AML Audit Services, LLC

Beverly Jules, Supervising Examiner, Federal Reserve Bank of New York

Wiliam D. Ward, CAMS, Executive Vice President, Chief BSA/OFAC and Security Officer, Risk Management, Union Bank

PANEL DISCUSSIONS

Of critical importance to the entire AML community, these high-level presentations by industry luminaries address what lies ahead, provide insight into new laws and regulations, analyze lessons learned from the latest enforcement actions and demonstrate global best practices you can apply to your own AML program immediately upon your return to the office. These sessions also provide a foundation for the breakout sessions throughout the conference, outlining the key issues in preparation for deeper dives into their impact on your firm’s AML program.

Keynote Interview

Monday, March 19, 2012 | 8:40 AM – 9:25 AM

Adam Szubin, Director, Office of Foreign Assets Control, US. Department of the Treasure

Keynote Presentation

Tuesday, March 20, 2012 | 8:30 AM – 9:15 AM

J. Chris Warrener, Section Chief, Terrorist Financing Operations Section, Division 13, Federal Bureau of Investigation

Keynote Presentation

Wednesday, March 21, 2012 | 8:30 AM – 9:15 AM

Diana B. Henriques, Senior Financial Writer, The New York Times, Author of The Wizard of Lies, The White Sharks of Wall Street, Fidelity’s World and The Machinery of Greed)

CASE STUDY Critical Insight from Recent Enforcement Actions: What Lessons Can Financial Institutions Learn?

Monday, March 19  |  9:25 AM - 10:35 AM

  • Analyze lessons learned from recent enforcement actions
  • Determine the implications of US regulatory and law enforcement actions  for your compliance policies and procedure
  • Review international enforcement trends and their impact on your organization

Moderator:

Kieran Beer, Editor-in-Chief, ACAMS moneylaundering.com

Speakers:

Indira Crum, BSA/AML Compliance Specialist, Office of the Comptroller of the Currency, US Department of the Treasury

Adam S. Kaufmann, Executive Assistant District Attorney, Chief of the Investigation Division, New York County District Attorney’s Office

Jennifer Shasky Calvery, Chief, Asset Forfeiture and Money Laundering Section, US Department of Justice

Preparing for the Next Generation of Money Launderers: Mitigating Threats Posed by m-Payments and e-Money

Monday, March 19  |  11:05 AM - 12:15 PM

  • Understand the types of criminal activity facilitated by mobile communications
  • Identify other innovative electronic payment products that could be used for money laundering
  • Investigate emerging challenges in South Asia, Latin America and Africa and their impact on your compliance operations

Moderator:

Kieran Beer, Editor-in-Chief, ACAMS moneylaundering.com

Speakers:

Patricia Haynes, Executive Director, Investigative and Enforcement Operations, Internal Revenue Service

Jaikumar (Jai) Ramaswamy, Principal Deputy, Asset Forfeiture and Money Laundering Section, US Department of Justice, Criminal Division

T. Jack Williams, President, Paymentcard Services

Assessing the Effectiveness of the Financial Action Task Force (FATF): Are the 40+9 Recommendations Working?

Tuesday, March 20  |  9:15 AM - 10:30 AM

  • Evaluate the FATF’s accomplishments to date in creating a global AML standard
  • Learn how the revised standards will address 40+9 deficiencies
  • Examine the concrete steps that member states must take to meet existing and proposed FATF guidelines

Moderator:

John J. Byrne, CAMS, Executive Vice President, Association of Certified Anti-Money Laundering Specialists (ACAMS)

Speakers:

Theodore S. Greenberg, TG Global

Joseph (Jody) Myers, Assistant General Counsel, International Monetary Fund

Chip Poncy, Office of Strategic Policy for Terrorist Financing and Financial Crimes, US Department of the Treasury

Global Anti-Bribery Initiatives: Preparing for the Impact of the Foreign Corrupt Practices Act (FCPA) and UK Bribery Act Requirements

Tuesday, March 20  |  11:00 AM - 12:15 PM

  • Understand the effect of extraterritorial bribery and corruption legislation and regulation on your AML operations
  • Address the challenges of identifying PEPs and ascertaining your customers’ participation in corrupt activity
  • Pinpoint vulnerabilities in your institution’s program and identify your highest risk areas
  • Examine the efficacy of international initiatives such as the United Nations Convention Against Corruption and the Organisation for Economic Co-operation and Development (OECD) Anti-Bribery Convention

Moderator:

John J. Byrne, CAMS, Executive Vice President, Association of Certified Anti-Money Laundering Specialists (ACAMS)

Speakers:

David Clark, CAMS, Head of Intelligence and Analysis, Financial Crime, Barclays Wealth

Noreen M. Fierro, Vice President, Corporate Counsel, The Prudential Insurance Company of America

Ron P. King, CAMS, Vice President and Chief, Anti-Money Laundering Officer, Scotiabank

Designing an AML Framework for the New Global Financial Crime Paradigm

Wednesday, March 21  |  9:15 AM - 10:30 AM

  • Gain insight into how the proposed FATF recommendations could shape your AML policies and procedures
  • Determine how to deal with ever smarter financial criminals who can undermine your institution
  • Understand how region-specific requirements can thwart your enterprise-wide CDD and EDD practices
  • Learn global program standards and gain insight into how your  institution can implement them

Moderator:

John J. Byrne, CAMS, Executive Vice President, Association of Certified Anti-Money Laundering Specialists (ACAMS)

Speakers:

David B. Chenkin, Esq., Partner, Zeichner Ellma n & Krause LLP

Chip Poncy, Office of Strategic Policy for Terrorist Financing and Financial Crimes, US Department of the Treasury

Daniel D. Soto, CAMS, Chief Compliance Officer, Ally Financial

The Way Forward: Challenges and Opportunities in Compliance in the Year Ahead

Wednesday, March 21  |  11:00 AM - 12:15 PM

To complete the program, members of the ACAMS Advisory Board and key AML industry leaders will offer essential strategic direction on taking what we have learned and put that information into operational and policy processes. Some examples include:

  • Tips on addressing sanctions and corruption challenges into overall AML governance
  • What global policy changes mean for the AML officer
  • How to communicate needed resource demands based on 2012 challenges
  • Taking several major issues addressed at the program and developing a strategy on how to include appropriate responses in policy
  • Best practices for continuing private-public partnerships

Moderator:

John J. Byrne, CAMS, Executive Vice President, Association of Certified Anti-Money Laundering Specialists (ACAMS)

Speakers:

William J. Fox, Managing Director, Global Financial Crimes, Corruption and Sanctions Executive, Bank of America, N.A.

William D. Langford, SVP, Director of Global AML, JPMorgan Chase

Daniel D. Soto, CAMS, Chief Compliance Officer, Ally Financial

GLOBAL AML COMPLIANCE

Navigating the intricacies of global AML regulations to maintain sound international operations is one of the biggest obstacles you encounter as a compliance executive. In this globally focused track, AML executives from financial institutions and senior staff from government agencies show you how to implement a compliance program for all business lines that meets the most stringent regulatory expectations and mitigates your exposure to risk across jurisdictions.

The Foreign Account Tax Compliance Act (FATCA) from an AML Perspective: Tax, AML and KYC Come Together

Monday, March 19  |  2:55 PM - 4:10 PM

  • Understand the tax, financial and legal framework FATCA requires foreign financial institutions to implement across global business lines
  • Review FinCEN’s final Foreign Bank and Financial Accounts (FBAR) 2011 regulations and learn how they impact off-shore signatories
  • Identify critical changes that your CIP/KYC programs must make to comply with FATCA and US tax laws and regulations

Moderator:

Michael N. Obolensky, Senior Regulatory Counsel, Lloyds Bank

Speakers:

Steven Beattie, CAMS, Anti-Money Laundering Services Leader, Ernst & Young LLP

Heather Lowe, Legal Counsel and Director of Government Affairs, Global Financial Integrity

Markus E. Schulz, CAMS, Chief Compliance Officer Global Life and Group Financial Crime Officer, Group Compliance, Zurich Insurance Company

CASE STUDY Remodeling Operational Structure: A New Approach to AML

Monday, March 19  |  4:40 PM - 5:55 PM

  • Hear real-life experiences from financial institutions tasked with restructuring their AML compliance operations
  • Learn how to design a three dimensional internal risk assessment
  • Benchmark proven and adaptable strategies to garner buy-in and support from upper management

Moderator:

Ron P. King, CAMS, Vice President and Chief, Anti-Money Laundering Officer, Scotiabank

Speakers:

Robert Curry, CAMS, SVP, Chief Compliance Officer, Fifth Third Bank

Peter Richard Hazlewood, Global Head, Financial Crime Risk Operations, Group Financial Crime Risk. Standard Chartered Bank

Abiding by Foreign Privacy Laws when Performing Enhanced Due Diligence

Tuesday, March 20  |  1:30 PM - 2:45 PM

  • Identify the key obstacles to collecting and sharing information globally and the liability that results from violating privacy laws
  • Understand international procedures for sharing financial data with other jurisdictions
  • Learn best practices for completing  due diligence, suspicious activity/transaction reporting, and information sharing

Moderator:

Daniel D. Soto, CAMS, Chief Compliance Officer, Ally Financial

Speaker:

David B. Chenkin, Esq., Partner, Zeichner Ellman & Krause LLP

David Clark, CAMS, Head of Intelligence and Analysis, Financial Crime, Barclays Wealth

Lynne H. Federman, Regional Head-Financial Crime Risk-Americas, Standard Chartered Bank

Stephen M. Kohn, Executive Director, National Whistleblowers Center

Additional speaker to be announced

Obtaining Funding for Your AML Program: How to “Sell” AML and Compliance Internally

Tuesday, March 20  |  2:55 PM - 4:10 PM

  • Articulate your program’s needs and business practices to secure funding despite market volatility
  • Show how increasing requirements such as Dodd-Frank impact your AML department’s resources and budget
  • Learn to create a “marketing” plan that illustrates the organization-wide benefits of a well-funded AML program

Moderator:

F. John Podvin, Jr., Of Counsel, Haynes and Boone

Speakers:

Vasilios P Chrisos, CAMS, Americas AML and Economic Sanctions Director, Macquarie Compliance, Macquarie Group

Susan Galli, CAMS, Anti-Money Laundering Program Director, HSBC

Brian L. Mannion, Lead Counsel, Office of the Chief Legal and Governance Officer, Nationwide Mutual Insurance Company

Outsourcing and Off-Shoring AML: Identifying Best Practices and Common Pitfalls

Tuesday, March 20  |  4:40 PM - 5:55 PM

  • Analyze lessons learned from successful offshoring of KYC, sanctions and transaction monitoring programs
  • Create a checklist of controls that must be in place to successfully manage third party vendor(s)
  • Ensure your offshore/outsource program meets global requirements regarding privacy and data sharing

Moderator:

Teresa A. Pesce, Leader, AML Services Group, KPMG

Speakers:

Hal Crawford, Global Director of Anti-Money Laundering & Sanctions, Brown Brothers Harriman & Co.

Denise Reilly, Managing Director, GTS AML Compliance, Citi

DEBATE Dodd-Frank’s Whistleblower Provisions: Do They Protect the AML Professional?

Tuesday, March 20  |  4:40 PM - 5:55 PM

  • Understand the liabilities and opportunities created by the whistleblower regulations
  • Examine the impact of § 922 on reporting lapses in AML controls
  • Address the increased protection Dodd-Frank offers to individuals who report crimes and suspicious activities 

Moderator:

Larissa Bernardes, Web Editor, ACAMS moneylaundering.com

Speakers:

F. John Podvin, Jr., Of Counsel, Haynes and Boone

Arnold Spencer, Partner, White Collar Criminal Defense Practice Group, Haynes and Boone

GLOBAL RISK AND OPPORTUNITIES

With an ever-expanding list of international AML legislation and regulations, financial services organizations must remain prepared to confront new money laundering threats in the regions where they do business, especially in new markets. These sessions offer insight on the latest threats and offer strategies for partnering with law enforcement and techniques for improving your global compliance operations.

Building a Solid Compliance Program to Mitigate Risk in Brazil, Russia, India, China and South Africa (BRICS)

Monday, March 19  |  1:30 PM - 2:45 PM

  • Analyze the effect BRICS countries—comprising over 42% of the world’s population—have on global business and trade
  • Balance international ethics, due diligence and compliance standards with local, cultural, bureaucratic and legal obligations
  • Develop a solid training program and policies and procedures for doing business in BRICS countries

Moderator:

Brian Orsak, Managing Editor, ACAMS moneylaundering.com

Speakers:

Henrique Dominguez, CAMS, Legal and Compliance Manager, Banque Invik Luxembourg

Darren Donovan, Principal, KPMG Forensic

Additional spekaer to be announced

Tackling the Global Threat of Trade-Based Money Laundering

Tuesday, March 20  |  1:30 PM - 2:45 PM

  • Hear how recent cases have impacted regulators’ views of trade-based money laundering and how to prepare for and respond to the regulators
  • Discuss the significance of the latest FATF list of countries with weak AML/CTF controls, and what you should do in response
  • Understand the role of law enforcement and the expectations for financial institutions to detect trade-based money laundering
  • Learn the latest red flags and why your trade finance unit should be on the front line in preventing trade-based money laundering in your institution

Moderator:

Raymond Villanueva, Unit Chief of Trade Transparency Unit , Homeland Security Investigations (HSI), US Immigration and Customs Enforcement (ICE)

Speakers:

Ross Delston, CAMS, Founder and Attorney, GlobalAML.com

Ian Wright, Senior Vice President, Anti-Money Laundering, FIU, HSBC North America

Balancing Law Enforcement Partnerships with Regulator Expectations

Tuesday, March 20  |  2:55 PM - 4:10 PM

  • Identify areas for improved communication among financial institutions, law enforcement and regulators
  • Implement simple controls and policies that efficiently resolve law enforcement data requests
  • Create a culture of cooperation that facilitates information exchange and open dialogue

Moderator:

Daniel Wager, CAMS, Senior Vice President, Head of Global EDD, TD Bank

Speakers:

John H. Atkinson, CAMS, Director, Regulatory Risk Consulting, Protiviti

Joseph Gallion, Deputy Assistant Director, Senior AML Risk Executive and Bank Secrecy Act Officer, Homeland Security Investigations, US Immigration and Customs Enforcement (ICE)
 
Lisa M. Grigg, CAMS, Managing Director, Senior AML Risk Executive and Bank Secrecy Act Officer, Bank of America

Adam S. Kaufmann, Executive Assistant District Attorney, Chief of the Investigation Division, New York County District Attorney’s Office

Understanding the Financial Institution’s Role in Preventing Elder Abuse

Tuesday, March 20  |  4:40 PM - 5:55 PM

  • Learn why financial institutions are in a prime position to detect suspicious activity for financial exploitation of elderly customers
  • Analyze typologies, red flags and transactions to identify possible signs of illicit activity
  • Examine common narrative terms used in SARs/STRs that will better assist law enforcement in targeting suspected cases of elder abuse

Moderator:

Kieran Beer, Editor-in-Chief, ACAMS moneylaundering.com

Speakers:

Hubert H. (“Skip”) Humphrey III, Assistant Director, Office of Financial Protection for Older Americans, Consumer Financial Protection Bureau (CFPB)

Elizabeth Loewy, Attorney in Charge - Elder Abuse Unit, Special Victims/Special Prosecutions Bureau, New York County District Attorney’s Office

Michael Schidlow, Esq., CAMS, Vice President and Senior Investigator, Global Investigative Services, Bank of America

AUDIT TECHNIQUES AND TOOLS

With stringent US and international regulations, emerging crime trends and increased compliance expectations, internal audit is the key line of defense for financial institutions to mitigate risk and ensure robust compliance programs. This track focuses on the relationship between auditors and the AML compliance team, and on best practices for testing and maintaining sound operations. An improved understanding of the role of audit in successfully addressing AML challenges can avoid regulatory criticism or worse.

Connecting the Dots with Auditors and Examiners: Overcoming Training Challenges to Ensure Effective Communication

Monday, March 19  |  1:30 PM - 2:45 PM

  • Learn from criminal cases what examiners expect from your program
  • Examine the effect of auditor training on internal reporting and examination oversight
  • Improve opportunities for successful examinations through timely and consistent communication with auditors and regulators

Moderator:

John H. Atkinson, CAMS, Director, Regulatory Risk Consulting, Protiviti

Speakers:

Jack Sonnenschein, CAMS, Vice President, Enterprise Compliance Risk Management, American Express

Suzanne Williams, Manager, Compliance Section, Bank Supervision and Regulation, Board of Governors of the Federal Reserve System

Understanding the Role of Audit and Management Testing in Your Institution

Monday, March 19  |  2:55 PM - 4:10 PM

  • Discern the differences between AML audits, versus audits of related programs, versus independent testing
  • Understand the regulatory expectations of each and the appropriate responses from your organization
  • Learn proper audit and management testing techniques and how to report findings to regulators and senior management

Moderator:

Suzanne Williams, Manager, Compliance Section, Bank Supervision and Regulation, Board of Governors of the Federal Reserve System

Speakers:

Tim Byun, CAMS, Global Head of Credit Settlement Risk, Visa

Henrique Dominguez, CAMS, Legal and Compliance Manager, Banque Invik

Steven D. Lindsey, Director, Audit and Risk Review, Citigroup

Performing an IT Audit: Know the Challenges to Maintain Sound Operations

March 19  |  4:40 PM - 5:55 PM

  • Address the proper methods for auditing AML technologies, including AML/OFAC software, case management systems and transaction monitoring programs
  • Review how to report audit findings and examples of recommended mitigation plans
  • Avoid mishandling complex analyses and reporting to ensure sound operations are maintained

Moderator:

Laura Goldzung, CAMS, AML Specialist, AML Audit Services

Speakers:

John Sabatini, CAMS, Managing Director, Goldman Sachs

Jack Sonnenschein, CAMS, Vice President, Enterprise Compliance Risk Management, American Express

Peter D. Wild, CAMS, FCA, Internal Audit Department, JP Morgan

TRENDS IN TECHNOLOGY

The Internet is the crime scene of the 21st century and staying ahead of the technology curve is crucial. Institutions must, among other things, refine software systems to track and detect new methods of cyber crime. In these targeted sessions, IT professionals, practitioners and law enforcement present global trends in financial and organized crime and examine the technologies that can be used to defraud your institution. Hear practical cases that illustrate emerging typologies, areas of vulnerability and strategies to decrease your institution’s risk

New Trends in e-Payment Methods: Understanding the Virtual Customer

Monday, March 19  |  1:30 PM - 2:45 PM

  • Analyze financial crime trends and vulnerabilities in credit cards, Bitcoin and pre-paid cards, especially in developing countries
  • Learn how to adapt your institution’s systems to include controls to monitor e-payments and alternative money
  • Mitigate the risk of abuse through mobile devices, the fastest growing method for transmitting money
  • Examine the impact of FinCEN’s Final Rule on Prepaid Access

Moderator:

Daniel Wager, CAMS, Senior Vice President, Head of Global EDD, TD Bank

Speakers:

Jim Candelmo, CAMS, Executive Compliance Director and BSA/AML Officer, Ally Financial

Jaikumar (Jai) Ramaswamy, Principal Deputy, Asset Forfeiture and Money Laundering Section, US Department of Justice, Criminal Division

Sean Ruff, Attorney, Morrison & Foerster LLP

CASE STUDY Combating Online Payment Fraud: Implementing Controls to Protect your Customers and Comply with FFIEC Guidelines

Monday, March 19  |  4:40 PM - 5:55 PM

  • Dissect an attack and get practical tools to prevent similar ones—understand the technology and the typical account takeover process, and why commercial accounts are prime targets
  • Hear new developments on international trends, current cases, and what the FBI is doing to combat cyber crime
  • Examine crucial updates in the FFIEC guidelines to ensure your institution is compliant

Moderator:

William Voorhees, CAMS, Director, Financial Intelligence Unit, SVB Financial Group, Global Banking Operations 

Speaker:

Kendra Olivares, Manager, Financial Intelligence Unit, SVB Financial Group

Expanding Your Transaction Monitoring System to Track Non-Traditional Products

Monday, March 19  |  4:40 PM - 5:55 PM

  • Enhance your transaction monitoring capabilities over wires involving high-risk jurisdictions
  • Effectively monitor negotiable instruments
  • Create procedures that ensure a flexible, quick response to new products

Moderator:

Brian Stoeckert, CAMS, Associate-Financial Crimes, Booz Allen Hamilton

Speakers:

Erik Mineishi, CAMS, Vice President, Special Risk Client Unit Manager, Union Bank

Chuck Taylor, CAMS, Senior Vice President and BSA Officer, Compliance Department, BSA Group, City National Bank

Merging Fraud and AML Investigations: Connecting Intelligence through Technology

Tuesday, March 20  |  2:55 PM - 4:10 PM

  • Identify technology that will facilitate the convergence of your anti-fraud and AML efforts
  • Explore the challenges of building a common platform for anti-fraud and AML and how it can reduce threats, risk and cost  to your institution
  • Hear real-life accounts from institutions that have implemented systems that integrate anti-fraud resources with AML efforts

Moderator:

Thomas Obermaier, Chief Executive Officer, RDC

Panelists:

Jim Candelmo, CAMS, Executive Compliance Director and BSA/AML Officer, Ally Financial

William J. Fox, Managing Director, Global Financial Crimes, Corruption and Sanctions Executive, Bank of America, N.A.

Renato (Ron) Giammarco, Partner, Financial Services, Ernst & Young LLP

LATIN AMERICA AND THE CARIBBEAN

Primarily concerned with examining AML/CTF topics that are of specific interest to Latin American and Caribbean jurisdictions, these sessions also offer global perspectives on unique compliance, regulatory and off-shore financial services challenges. Taught by experts in regional compliance challenges, you will gain insight on emerging financial crimes, managing audits and examinations, and successfully complying with multiple regulations both inside and outside the region.

Implementing the Foreign Account Tax Compliance Act (FATCA) and US Tax Provisions in Your Compliance Program

Monday, March 19  |  1:30 PM - 2:45 PM

  • Hear how regional institutions are preparing to implement a reporting regime to comply with the new requirements
  • Learn strategies to adapt your institution’s CIP program and due diligence processes to meet FATCA requirements
  • Anticipate the impact of pending reporting requirements from the US Internal Revenue Service

Moderator:

Gladys M. Castellano, CAMS, SAR Manager, BSA/AML Compliance Department, Santander Puerto Rico

Speakers:

Laurence Birnbaum-Sarcy, Managing Director, KPMG Forensic

Edward Rodriguez, CAMS, Chief Operating Officer, Diligence Enterprises, Inc.

Identifying the Correspondent Banking Risks of Dollarized Economies in the Caribbean

Monday, March 19  |  2:55 PM - 4:10 PM

  • Evaluate the financial crime challenges faced by many Caribbean jurisdictions when transitioning their economies to the US dollar
  • Examine the impact of beneficial ownership and privacy laws on your AML program 
  • Adequately address international guidelines  and increased scrutiny from correspondent banks

Moderator:

Gladys M. Castellano, CAMS, SAR Manager, BSA/AML Compliance Department, Santander Puerto Rico

Speakers

Roger Archer, Senior Manager, Scotiabank Caribbean East

Jacqueline Somersall-Bery, Director, Financial Intelligence Unit, St. Kitts-Nevis

 

CASE STUDY Emerging Money Laundering Threats in South America: American Deposit Receipts (ADRs) and US Securities Markets

Tuesday, March 20  |  1:30 PM - 2:45 PM

  • Understand how criminals use ADRs to move proceeds through the financial sector with minimal oversight
  • Learn how non-US corporations use US brokerage firms to trade units instead of stocks as a tool to launder drug proceeds from the US in to South America
  • Identify methods to improve your institution’s due diligence and suspicious transaction identification

Moderator:

Guilermo Horta Montes, Managing Director, Latin America Global AML and Economic Sanctions, Bank of America Merrill Lynch

Speakers:

Manny J. Muriel, Attaché for South America, Internal Revenue Service, Criminal Investigation

Lawrence Scheinert, Policy Advisor, US Department of the Treasury

Blocking Illicit Proceeds: Understanding the Effects of Mexico’s New Money Laundering Legislation

Tuesday, March 20  |  2:55 PM - 4:10 PM

  • Assess the efficacy of restricting bulk cash transport across the US-Mexico border and in what form cash may now be repatriated in order to move illicit funds
  • Determine how new reporting requirements impact financial institutions’ regulatory burden and the cost of doing business in Mexico
  • Understand the potential tax implications and initiatives by the US Internal Revenue Service

Moderator:

Hector X. Colon, Unit Chief, Illicit Finance and Proceeds of Crime Unit, Financial, Narcotics and Special Operations Division, Homeland Security Investigations (HSI), US Immigration and Customs Enforcement (ICE)

Speakers:

Marcy Forman, Managing Director, Global Investigations Unit, AML Compliance, Citi

Guillermo Horta Montes, Managing Director, Latin America Global AML and Economic Sanctions, Bank of America Merrill Lynch

Edward Rodriguez, CAMS, Chief Operating Officer, Diligence Enterprises, Inc.

The Independent Audit Process in the Caribbean: Strategies for Working with Regulatory Authorities and Creating Internal Oversight

Tuesday, March 20  |  4:40 PM - 5:55 PM

  • Adopt strategies to “educate” auditors that will ensure a smoother audit
  • Learn to go beyond auditor checklists to accurately assess risk and demonstrate rigorous controls when an auditor perceives noncompliance
  • Take away strategies for teaching auditors to more effectively communicate with examiners

Moderator:

Tim Byun, CAMS, Global Head of Credit Settlement Risk, Visa

Speakers:

Ross Delston, CAMS, Founder and Attorney, GlobalAML.com

Nancy J. Saur , CAMS, FICA, Compliance Manager, Millennium bcp Bank & Trust

Kem Warner, CAMS, CFE, FICB, Managing Director, KAW Management Services

NON-DEPOSITORY INSTITUTIONS

Compliance executives within securities firms, MSBs, insurance companies and other non-depository institutions face a unique set of AML compliance challenges. Created specifically to address your top priorities, these presentations focus on overcoming industry-specific AML challenges—from the requirements of international regulations to navigating multiple regulatory expectations. Let AML veterans teach you the keys to setting up a risk-based AML program and prepare you for successful regulatory exams.

Understanding FinCEN’s Requirements of Foreign MSBs and Implications for US Financial Institutions

Monday, March 19  |  1:30 PM - 2:45 PM

  • Dissect the new regulations and what they mean for foreign MSBs and money transmitters
  • Identify which bank customers now qualify as foreign MSBs and are subject to the new rules
  • Explore enforcement efforts against hawalas, Colombian peso brokers and money brokers buying drug cash through the Black Market Peso Exchange

Speaker:

Ezra C. Levine, Senior Counsel, Morrison & Foerster

Insurance Focus: OFAC Sanctions Risk Management: Prevention, Challenges and Outlook

Monday, March 19  |  2:55 PM - 4:10 PM

  • Understand US sanctions programs and how they apply to (re)insurance operations
  • Detect and manage facilitation risks posed by foreign affiliates and third parties
  • Effectively handle OFAC enforcement inquiries, internal investigations, and voluntary disclosures
  • Review recent enforcement actions and key takeaways for lessons that can be applied to your institution

Moderator:

Karen A. Benson, Esq., Director, Compliance and Ethics, Royal Caribbean Cruises Ltd.

Speakers:

Noreen M. Fierro, Vice President, Corporate Counsel, Prudential Financial

Brian Grant, Senior Manager, Fraud Investigation and Dispute Services Practice, Ernst & Young LLP

Brian L. Mannion, Lead Counsel, Office of the Chief Legal and Governance Officer, Nationwide Mutual Insurance Company

Securities Focus: Reverse Mergers, Penny Stock and Micro-Cap Securities Fraud—What are the AML Risks and Regulatory Expectations?

Monday, March 19  |  4:40 PM - 5:55 PM

  • Dissect regulatory expectations that relate to micro-cap stocks and other types of market manipulations schemes
  • Understand your responsibilities regarding CDD as well as FINRA’s additional focus on LLCs and beneficial ownership in the US
  • Understand the role of micro-cap securities marketing firms, transfer agents and attorneys to facilitate scams

Moderator:

John Davidson, Global Head of Anti-Money Laundering, E*TRADE Financial

Speakers:

Betty Santangelo, Esq, Litigation Partner, Schulte, Roth & Zabel LLP

Michael G. Rufino, Chief Operating Officer in Sales Practice, Member Regulation, FINRA

Jeffrey Weiss, Managing Director, Knight Capital Group

MSB Intensive: Developing Effective Suspicious Activity Reports (SARs/STRs)

Tuesday, March 20  |  1:30 PM - 2:45 PM

  • Identify the specific types of suspicious activities that necessitate a SAR/STR filing
  • Understand regulator expectations and recommended language for use in the SAR/STR narrative
  • Clarify information both frontline employees and management are required to report

Moderator:

Shannon Bennett, CRCM, CAMS, Senior Director – Law Enforcement Liaison & Technical Strategies, Moneygram International

Speakers:

Dennis Lormel, President & CEO, DML Associates

Anthony Rodriguez, CAMS, CPA, Global Compliance Officer, Associated Foreign Exchange (AFEX)

The 21st Century MSB: Implementing New Regulations, Analyzing Migration Trends and Adopting New AML Surveillance Systems

Tuesday, March 20  |  2:55 PM - 4:10 PM

  • Understand how FinCEN expanded the scope of  your AML responsibilities and its impact on your surveillance system
  • Use the World Bank’s analysis of new remittance corridors to target potential challenges with global surveillance
  • Learn how to read your organization’s data to anticipate regional changes and facilitate new agent networks to keep your business solvent
  • Discover tactics to manage huge quantities of data in your surveillance software to prevent false positives

Moderator:

Anthony Rodriguez, CAMS, CPA, Global Compliance Officer, Associated Foreign Exchange (AFEX)

Panelists:

Veronika Foster J.D., Director, Regulatory Controls, FIU, Walmart Stores

Michael McDonald, CAMS, President, Michael McDonald & Associates

Thai Trower, Esq., Director, AML Reporting Compliance, Walmart Stores

Securities Focus: Addressing Increased Expectations of International Regulators

Tuesday, March 20  |  4:40 PM - 5:55 PM

  • Review strategies to deal with competing international requirements to maintain a consistent enterprise-wide program
  • Examine the impact of the UK Financial Services Authority’s (FSA) findings on deficiencies in the securities industry, including weak EDD processes
  • Hear proven strategies for one-time on-boarding procedures that satisfy all  jurisdictions

Moderator:

Meg R. Zucker, Global AML Officer, Pacific Investment Management Company (PIMCO)

Panelists:

Vasilios P. Chrisos, CAMS, Americas AML and Economic Sanctions Director, Macquarie Compliance, Macquarie Group

Sterling Daines, Managing Director, Compliance Surveillance Strategy Group | Anti-Money Laundering, Goldman Sachs & Co.

SECTOR WORKING GROUPS*

At a time when you face increased responsibilities and your resources are limited, your peers can be invaluable allies in sharing best practices and creative solutions to challenges. Join these intimate working groups to share ideas and identify strategies to address the tough compliance issues you face each day. Scheduled alongside the main conference sessions, each sector will have the opportunity to participate in small-scale, closed-door discussions. You set the agenda and a seasoned practitioner guides the dialog — don’t miss this opportunity to tap into the real-life experience of your peers!

MSB Working Group
Multi-State Examinations: Best Practices to Manage and Meet Regulators’ Expectations

Monday, March 19 | 1:30 PM - 2:45 PM

Facilitator:

Shannon Bennett, CRCM, CAMS, Senior Director, Law Enforcement Liaison and Technical Strategies, Moneygram International

Small Institutions Working Group
Tailoring Your Transaction Monitoring System to Meet Your Institution’s Needs

Monday, March 19 | 2:55 PM - 4:10 PM

Facilitator:

Chuck Taylor, CAMS, Senior Vice President and BSA Officer, Compliance Department, BSA Group, City National Bank

Small Institutions Working Group
Overcoming the Challenges of EDD: Completing a Risk Assessment of your CIP Program

Tuesday, March 20 | 1:30 PM - 2:45 PM

Facilitators

Shannon-Lee Eng, Manager, AML Operations, SVB Financial Group, Global Banking Operations

William Voorhees, CAMS, Director, Financial Intelligence Unit, SVB Financial Group, Global Banking Operations

Securities Working Group
Beneficial Ownership Assessment and Management

Tuesday, March 20 | 2:55 PM - 4:10 PM

Facilitator:

Sterling Daines, Managing Director, Compliance Surveillance Strategy Group | Anti-Money Laundering, Goldman Sachs & Co.

Meg R. Zucker, Global AML Officer, Pacific Investment Management Company (PIMCO)

Insurance Working Group
AML Training Strategies for Insurance Agents and Producers

Tuesday, March 20 | 4:40 PM - 5:55 PM

Facilitator:

Brian L. Ferrell, CAMS, Executive Director, Financial Services, Ernst & Young LLP

AML EDUCATION SESSIONS*

Join these intimate and interactive sessions to connect with your peers and get the latest intelligence on how to strengthen your current AML/CTF program against financial crime.

Counter-Terrorist Financing: New Intelligence Methods to Detect, Deter, and Disrupt Terrorist Financial Operations
Courtesy of Booz Allen Hamilton

Monday, March 19  |  2:55 PM - 4:10 PM

  • Step inside the mindset and modus operandi of a terrorist financier
  • Understand how the due diligence and investigations process is integral to the intelligence cycle
  • Recognize terrorist fundraising typologies and abuse of financial products
  • Engage in the 360° view of financial intelligence to mitigate illicit fund movement

Speakers:

Tracy MacDonald, Lead Associate, Booz Allen Hamilton

Damian McLoughlin, Chief Executive Officer, Analysis International Group

Brian Stoeckert, CAMS, Associate, Financial Crimes, Booz Allen Hamilton

Grahame White, Director, Analysis International Group

How to Insure You Are Ready for Domestic PEP Screening
Courtesy of Dow Jones Risk & Compliance

Monday, March 19 | 4:40 PM - 5:55 PM

  • Understand FATF’s revised recommendations regarding domestic PEP screening--the interpretation and the potential impact
  • Learn how to identify domestic PEP’s more quickly and confidently, with less work
  • Discover how to improve the efficiency of your customer screening program starting the first day you return

Speakers:

Theodore S. Greenberg , TG Global

Heather Morgan, Sales Director, Dow Jones Risk and Compliance

Bob Rosen, Senior Sales Specialist, Dow Jones Risk and Compliance

Eric Stasenko, Technical Consultant, SAS US Professional Services

Stephen Trieble, Senior Technical Architect, SAS US Professional Services

AML Alert Optimization
Detica NetReveal

Tuesday, March 20 | 1:30 PM - 2:45 PM

Organizations are consistently challenged in effectively managing and testing their AML alerts. There is a need for innovative technology to help automate the triage of the alerts. The Social Network approach can augment and improve existing AML detection by introducing your organizations previous investigation experience on an alert; and model directly or indirectly related persons, entities, alerts or cases. Attend this session to learn how this approach will improve your alert hit rates and reduce false positives.

Speakers:

Laurie Gentz, Solutions Consultant, Detica NetReveal

Ken Bryant, Managing Director, Bryant & Associates, LLC