The Most Senior Level Speakers and Attendees of Any AML - IIR

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The Most Senior Level Speakers Monday, Sept. 26, 2005: Pre-Conference Workshops 8:00 Registration/Morning Coffee 9:00 AM Workshop: What You Should Do When Being Investigated This in-depth, interactive workshop has been designed to go over a thorough checklist on the steps you should take if the government should ever launch an investigation into possible money laundering activity at your institution. This panel of industry experts and financial regulators will answer all your questions, including: • Learning what factors go into the government’s decision to investigate • The first step to take when issued a subpoena • Determining if you should also conduct an internal investigation • Implementing different processes depending on who the target of the investigation is: Account Holder; Employee; Officer; Institution • If you are a target, should you be considering a joint defense agreement? • If the account holder is the target, should you disclose information? • Interpreting the DOJ Memo on how to react when under investigation • Who is your counsel going to represent? • How to protect your employees during the investigative process • Identifying the circumstances under which the institution will be deemed significantly negligent • Did you file a SAR and follow your compliance program prior to the subpoena? • Determining your accountability under the willful blindness doctrine and liabilities for not following bank policy David B. Caruso, Managing Director & CEO THE DOMINION ADVISORY GROUP David B. Caruso joined The Dominion Advisory Group, a firm that specializes in assisting domestic and international banks in solving problems with their AML/BSA programs, in May 2005. He previously served as Executive Vice President, Compliance and Security of Riggs Bank N.A. since June of 2003. Mr. Caruso was accountable for the Bank’s compliance with Department of Treasury regulations. Prior to joining Riggs, Mr. Caruso was a Director in KPMG’s Investigation and Integrity Advisory Services practice and the Director of Ernst & Young’s Anti-Money Laundering Compliance Practice. Prior to Ernst & Young he served as Manager of the Fraud and Money Laundering Prevention Group at JP Morgan & Company. From 1991 to 1996 Mr. Caruso served as a Special Agent with the U.S. Secret Service where he was assigned to the New York Field Office’s Financial Institution Fraud Group. Steven J. Helmstetter, Special Agent INTERNAL REVENUE SERVICE Mr. Helmstetter began his career as a Revenue Agent in Mountainside, New Jersey in 1980. In 1984 he was assigned to the Special Enforcement Program (SEP) specializing in tax fraud cases including testifying as an expert witness during criminal tax cases. Subsequently he became the Fraud Coordinator for New Jersey. This assignment entailed reviewing tax cases for criminal referral or for asserting civil fraud penalties. In 1996 he was selected as a Special Agent in the Criminal Investigation Division specializing in income tax and money laundering cases. Since September 2001, after having received Top Secret Clearance, he has been a member of The Joint Terrorist Task Force investigating terrorism financing. In addition he heads the United States Attorney’s Suspicious Activity Report (SAR) Task Force. Michael Shepard, Senior VP Anti-Money Laundering Program Director COMMERCE BANK Michael D. Shepard is the Anti-Money Laundering Program Director at Commerce Bank, N.A. headquartered in Cherry Hill, New Jersey. Previously, he was a partner in the White Collar, Internal and Government Investigations Practice Group at Blank Rome LLP in Philadelphia where his practice focused on all aspects of white collar criminal defense, Bank Secrecy Act, USA Patriot Act, asset forfeiture and internal corporate investigations. From 1987 to 1991, Mr. Shepard was a federal prosecutor with the U.S. Department of Justice Tax Division, Criminal Section. Thomas Green, Partner SIDLEY AUSITN BROWN & WOOD LLP 12:00 Luncheon for workshop attendees and leaders 1:30 PM Workshop: Developing an Effective AML Training Program Implementing and continuing ongoing employee anti-money laundering training is required in accordance with Section 352 of the USA Patriot Act. This comprehensive workshop, structured for compliance and training professionals from both bank and nonbank financial institutions, will prove valuable for your institution to stay on top of the evolving rules and regulations, and to fulfill retraining requirements on how to comply with the law. Securities, banking, insurance, credit card and investment management representatives will all benefit from this highly informative session. • Identifying and comparing the types of formalized outside training programs available • Determining if certification is necessary • How training should be conducted for administrators • Implementing procedures to demonstrate you’ve been sufficiently trained • Debating the advantages and disadvantages of whether AML practitioners should demand official licensing programs from regulators • In-house training: Using computers for baseline training for “priority” groups - client introducing and client vetting • Seek feedback, build on successes and eliminate what was ineffective to re-enforce and reassess your internal training programs Stephanie Lawrence, AML & OFAC Compliance Director NATIONWIDE MUTUAL INSURANCE CO. Ms. Lawrence is charged with coordinating and monitoring the implementation of the anti-money laundering and OFAC compliance programs of Nationwide’s affiliates and subsidiaries. For over eleven years, she has worked with Nationwide in various capacities including financial services operations and management, product and market compliance, and as in-house counsel to several of Nationwide’s subsidiaries. Lauren Pickett, Director, Global Anti-Money Laundering Training CITIBANK 4:30 Conclusion of pre-conference workshops Tuesday, Sept. 27, 2005: Main Conference Day 1 7:15 Registration/morning coffee 8:30 Opening Remarks from conference Co-chairs Betty Santangelo, Partner SCHULTE ROTH & ZABEL LLP Betty Santangelo specializes in white color criminal defense and securities enforcement, and has a nationally recognized expertise in anti-money laundering, OFAC and corporate compliance issues. Her practice includes representing financial institutions and individuals in various matters before the U.S. Attorney’s Office and various regulatory agencies including the SEC, the CFTC, the NYSE and the NASD; advising financial institutions on their anti-money laundering/ OFAC procedures and conducting internal investigations. She has also served as an independent Consultant in SEC enforcement matters. Stephen Shine, Senior VP & Senior Regulatory Counsel PRUDENTIAL SECURITIES INC. Stephen J. Shine is responsible for the case management and disposition of all current and legacy regulatory matters of Prudential Securities Inc., and serves as the legal advisor to all firm anti-money laundering efforts. In the early 90’s he helped design and implement one of the first comprehensive anti-money laundering programs on Wall Street and served as the securities industry representative to a number of FINCEN advisory groups. He is both a former state and federal prosecutor who was responsible for the prosecution of significant securities, commodities, and bank fraud cases nationwide and served as the Department of Justice representative to the Investment Fraud Task Force in the Central District of California. 8:45 AML Overview: How Financial Institutions Are Meeting the Challenges of The USA Patriot Act As anti-money laundering initiatives are at the top of every financial institution’s list, it is critical that you are up-to-date with the latest USA Patriot Act and anti-money laundering requirements. Be among the most well-informed as you hear how compliance is fairing among industries, what developments have occurred most recently and what Treasury anticipates for the future of anti-money laundering. William Langford, Associate Director- Regulatory Policy and Programs Division FINCEN William Langford oversees the regulatory, compliance and enforcement functions for the Agency. Prior to assuming this position, Mr. Langford served as FinCEN’s Senior Policy Advisor, where he was a principal advisor to the Director of FinCEN, focusing on a range of regulatory and enforcement issues, including the implementation of the anti-money laundering and anti-terrorist financing provisions of the USA PATRIOT Act. Previously, Mr. Langford served as the Senior Advisor to the General Counsel of the U.S. Department of the Treasury, where he focused largely on the implementation of the antiterrorism and anti-money laundering provisions of the USA PATRIOT Act, including the drafting of regulations implementing these provisions. 9:25 Legislative and Regulatory Impact on AML: An Update on Policies, Procedures, Controls and Examinations • Additional guidance to be 100% “up to snuff” • Update on regulations guiding interagency procedures • Streamlining examinations of AML programs • Stopping the terrorist financing web Moderator: Betty Santangelo, Partner SCHULTE ROTH & ZABEL LLP Panelists: William Langford, Associate Director- Regulatory Policy and Programs Division FINCEN Bridget Neill, Manager, Anti-Money Laundering Policy & Compliance Section- Division of Banking Supervision and Regulation BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM Ms. Neill is responsible for formulating and coordinating the implementation of the Federal Reserve’s AML supervisory efforts. Ms. Neill and the AML Policy and Compliance Section are responsible for ensuring that Bank Secrecy Act/AML and OFAC guidance and examination procedures are consistent with prevailing U.S. laws and regulations, and are implemented consistently across the Federal Reserve System. Prior to joining the Federal Reserve, Ms. Neill served as a Senior Policy Advisor at the U.S. Securities and Exchange Commission. Through her work in the Financial Action Task Force (FATF) and other international groups, she has contributed to the formulation of U.S. positions and international initiatives to combat financial crime. Michael Rufino, Vice Preisdent NEW YORK STOCK EXCHANGE Michael Rufino has been with the New York Stock Exchange for 15 years. He spent 10 years working in the Financial/Operational department in the Division of Member Firm Regulation at the New York Stock Exchange before moving to the Sales Practice Review Unit as an Examination Director. In 2002, Mr. Rufino took over the Sales Practice Review Unit as its Managing Director and he was recently promoted to Vice President. He is responsible for overseeing a staff of 67 people, which includes the Investor Complaints and Inquiries Department, Qualifications & Registrations Department, Fingerprints, and the Sales Practice Examination Staff. ©2005 IIR Holdings, Ltd. To Register Call 888-670-8200 • Fax 941-365-2507 Visit us on the Web: 4 www.am
and Attendees of any AML Conference. ©2005 IIR Holdings, Ltd. John Wagner, Director, Bank Secrecy Act & Anti-Money Laundering Compliance OFFICE OF THE COMPTROLLER OF THE CURRENCY John Wagner was named in March 2005 as director for Bank Secrecy Act and AML Compliance in the Compliance Policy Division of the Office of the Comptroller of the Currency (OCC). Mr. Wagner directs the development of Bank Secrecy Act and AML examination policy and procedures. He also provides policy interpretations and guidance to field staff, represents the OCC and the U.S. Treasury on interagency task forces, and develops training programs. Prior to March 2005, Mr. Wagner served as a Bank Secrecy Act (BSA) / antimoney laundering (AML) specialist in the OCC’s Compliance Policy Division. Mr. Wagner is a certified anti-money laundering specialist (CAMS) and a commissioned national bank examiner. He began his OCC career 23 years ago in Dallas, Texas and subsequently served in San Francisco, California Lisa Arquette, Chief- Special Activities Division of Supervision and Consumer Protection FDIC Richard Saillard, National Bank Examiner, Large Bank Supervision OFFICE OF THE COMPTROLLER OF CURRENCY Karen Burgess, Senior Advisor to the Director, Office of Compliance Inspections and Examinations, SEC Emily Gordy, Sr. Vice President, Director, Regional Enforcement NASD 10:55 Morning Networking Break 11:15 Know When to File Suspicious Activity Reports • Working with regulatory agencies to develop a standard on when to file • A broker-dealers liability for filing SARs • Avoid filing defensive SARs by knowing what to look for in your monitoring • Learning how to rectify existing criticisms in the current SAR filing requirements • Determining when the 30-day period starts to properly time your SAR filings Moderator: Tim O’Neal Lorah, Executive Director & Global Coordinator, Anti-Money Laundering Group MORGAN STANLEY Tim O’Neal Lorah coordinates development and implementation of the Firm’s global AML Program. Prior to joining Morgan Stanley, Mr. Lorah was a senior litigation associate at Schulte Roth & Zabel LLP in New York where he practiced primarily in the area of regulatory enforcement litigation, advising financial institutions on various matters relating to Bank Secrecy Act/USA PATRIOT Act compliance, as well as other AML, suspicious activity, OFAC and corporate compliance issues. Mr. Lorah has also been involved in representing financial institutions and individuals in matters before various federal and state regulatory agencies, including the SEC and the CFTC. Panelists: Gary Murray, Director IMMIGRATION & CUSTOMS ENFORCEMENT- NEW YORK HICFA INTELLIGENCE CENTER Gary’s 27 year career started with the U.S. Customs Service in New York and Bermuda. He also spent 17 years as the Assistant Director, Office of Intelligence, New York where his responsibilities included narcotics and money laundering. Gary was appointed to the staff of the Executive Director, Office of Investigations overseeing seven offices on the East Coast. Gary has been assigned to HIFCA since September 2000 and serves as the Director for this initiative. The HIFCA presently has a staff of 39 representing 12 law enforcement and regulatory agencies. Karen M. O’Toole, Associate General Counsel FIDELITY INVESTMENTS Ms. O’Toole’s areas of responsibility include advising oversight groups such as audit, security and compliance, and representing the firm in regulatory investigations. In addition, she provides legal advice throughout the organization on issues relating to the USA PATRIOT Act, anti-money laundering and OFAC. Prior to joining Fidelity in 1997, Ms. O’Toole was in private practice with the law firm of Hutchins, Wheeler & Dittmar, where she represented clients in a broad array of securities litigation matters. She is currently the Co-Chairperson of the Securities Industry Association’s Anti-Money Laundering Committee, and has been an active member of both this Committee and the Anti-Money Laundering Committee of the ICI. Don Temple, Director of AML Investigations COMMERCE BANK In July 2004 Don became the Director of Anti-Money Laundering Investigations at Commerce Bank, Cherry Hill, NJ. Don currently acts as liaison with industry experts, bank regulators and law enforcement to enhance the anti-money laundering policies and procedures for Commerce Bank as well as the entire industry. During his 26 years with the Internal Revenue Service in the Delaware Maryland District, where he served as a Special Agent, Don became the Title 31 Coordinator in 1984 and later developed the Maryland Financial Investigative Task Force; a multi agency task force which included the FBI, US Customs Service, US Postal Service, and the Drug Enforcement Administration. That task force was used as a model for subsequent task forces formed in the United States. After leaving IRS, in September 2000, Don joined Mantas, Inc., as an Industry Expert for currency reporting, fraud and money laundering detection, prevention and enforcement. Peter Trucksis, Special Agent INTERNAL REVENUE SERVICE 12:30 Luncheon for delegates and speakers 1:45 Keynote Presentation William J. Fox, Director FINCEN William J. Fox was appointed by Treasury Secretary John Snow to be the fourth Director of the Financial Crimes Enforcement Network on December 1, 2003. As Director, Mr. Fox will lead efforts to establish, oversee and implement policies to detect and prevent money laundering and terrorist financing. Prior to his appointment as FinCEN’s Director, Mr. Fox served as Treasury’s Associate Deputy General Counsel and Acting Deputy General Counsel. Since September 11, 2001, he also served as the principal assistant and senior advisor to Treasury’s General Counsel on issues relating to terrorist financing and financial crime. Mr. Fox was recognized for his work on these issues with a Meritorious Rank Award in October 2003. Mr. Fox came to the Department of the Treasury in December 2000 as the Acting Deputy Assistant General Counsel for Enforcement. From 1988 to December 2000, Mr. Fox served at the Bureau of Alcohol, Tobacco and Firearms, first as an attorney in ATF’s Chicago office, then as the Senior Counsel for Alcohol and Tobacco and finally as ATF’s Deputy Chief Counsel. 2:45 Achieving Global Compliance By Integrating Your Multinational AML Programs • How do you create a manageable, comprehensive AML program on a global basis without violating OFAC or multinational law? • Ringfencing issues- Making decisions across global groups to make the right tradeoffs • Conceptual difficulties of managing such a program • Complying with US sanctions laws in a global environment • Facilitation vs. evasion Moderator: Julie Copeland, First Vice President, Director of Global Compliance MERRILL LYNCH Julie Copeland is the Director of the Global Monetary and Financial Control Group for Merrill Lynch and was most recently appointed the Global Anti-Money Laundering Officer for the Firm. Prior to this position, Ms. Copeland was the Director of Global Compliance for Merrill Lynch’s International Private Client Group. When she came to Merrill Lynch in 1995, Ms. Copeland was appointed the head of Merrill Lynch’s Money Laundering Prevention Group, which was the first group of its kind in the securities industry. Her responsibilities have also included investigations related to criminal and regulatory matters. From 1986 and 1995, Ms. Copeland was an Assistant United States Attorney in the U.S. Attorney’s Office for the Eastern District of New York. Panelists: John Caruso, Director of AML Compliance DEUTSCHE BANK AMERICAS As Director of AML Compliance, John has responsibility for all lines of Deutsche Bank’s business in the Americas. Prior to joining Duetsche, John spent three years as an AML Compliance Officer and Senior Counsel for Merrill Lynch. Before joining Merrill Lynch, John served as an Assistant U.S. Attorney in the Eastern District of New York. In addition to prosecuting federal money laundering, fraud, drug trafficking and organized crime cases, John served as Chief of the General Crimes Section in the Eastern District. Stephen Harvey, Senior Director Global Head Anti-Money Laundering Programs & Group Money Laundering Reporting Officer CANADIAN IMPERIAL BANK OF COMMERCE, TORONTO Stephen Harvey has primary responsibility for global policy and program development, and works closely with business lines to ensure comprehensive implementation. Prior to assuming his current responsibilities with CIBC, Mr. Harvey managed Bank of America’s BSA Bankwide Compliance Group, where he was responsible for money laundering and know your customer issues bankwide. He represented the US banking industry at the 1998 Financial Services Forum of the Financial Action Task Force (FATF) in Brussels, and is a past member of the US Treasury Department’s Bank Secrecy Act Advisory Group; the US Treasury Department’s BSA Advisory Group Funds Transfer Subgroup, and the American Bankers Association Money Laundering Task Force. Stevenson Munro, Global Head of Economic Sanctions UBS INVESTMENT BANK Stevenson Munro joined UBS Investment Bank in 2005 as Global Head for Economic Sanctions. Steve joined UBS from Capital One where he was the legal counsel for antimoney laundering, economic sanctions, trade control, homeland security, and related national security laws. Previously he was Deputy Chief Counsel at the U.S. Treasury Department’s Office of Foreign Assets Control. He also held various positions in the U.S. Military, including in the White House Military Office, focusing on intelligence and counter-terrorism issues. John W. Campbell, Partner, Anti-Money Laundering Practice Leader PRICEWATERHOUSECOOPERS LLP Mr. Campbell has been involved in financial regulatory, Anti Money Laundering, supervisory and accounting matters since 1973. He was admitted to the partnership of PricewaterhouseCoopers, LLP (“PwC”) in Washington, DC in 1994. Prior to joining PwC, Mr. Campbell spent 17 years with the Office of the Comptroller of Currency (OCC) in the U.S. Treasury Department. At PwC, Mr.Campbell has advised financial institutions, including central banks on bank regulatory matters, including examination policy and practice as well as compliance and remedial actions. During the period 1994-1997 Mr. Campbell lived in Beijing, China and was the lead partner on a project for the World Bank Group (WBG) and Peoples Bank of China (PBC), to design and supervise the implementation of a comprehensive program to strengthen financial supervision in the People’s Republic of China. 3:45 Afternoon Networking Break 4:00 Achieve Compliance With Your Customer Identification Programs By Applying the Latest Know Your Customer Techniques • CIP requirements for institutional products • How options, derivatives, and foreign currency accounts should be treated • How far investigation into beneficiaries of counterparties should go • Determining the expectation for different accounts such as using advisory agency, third party vendors, and additional documents received from the different types of accounts • Implementing strategies to validate the identity of your customers • International developments – IOSCO’s Client Identification and Beneficial Ownership (CIBO) Principles Moderator: Alan Sorcher, Associate General Counsel SECURITIES INDUSTRY ASSOCIATION Alan E. Sorcher is Vice President and Associate General Counsel at the Securities Industry Association. Mr. Sorcher is responsible for anti-money laundering issues and has directed SIA’s efforts on the implementation of the USA Patriot Act. Mr. Sorcher is also responsible for regulatory matters for SIA firms affiliated with banking institutions and financial holding companies, and oversaw the securities industry’s response to the Gramm-Leach-Bliley Act rulemaking. Mr. Sorcher also coordinates SIA’s antimoney laundering privacy regulatory initiatives. Visit us on the Web: lac.com To Register Call 888-670-8200 • Fax 941-365-2507 5
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The Most Senior Level Speakers and Attendees of Any AML - IIR

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