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

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The Most Senior Level Speakers Panelists: Terry Arbit, Associate General Counsel for Legislative Affairs U.S. COMMODITY FUTURES TRADING COMMISSION Terry Arbit provides legal counsel to the CFTC General Counsel concerning all aspects of the implementation, interpretation, and enforcement of the Commodity Exchange Act. Mr. Arbit has played a key role in implementing the AML provisions of the USA Patriot Act in the futures industry. He has been involved in developing the applicable rulemakings, he provides guidance to CFTC staff on anti-money laundering issues, and he represents the CFTC on inter-agency anti-money laundering task forces. Prior to assuming his current position in 2002, Mr. Arbit served in the CFTC’s Division of Enforcement for six years, first as a trial attorney and subsequently as Acting Chief Counsel. Previously, he pursued professional liability claims relating to failed financial institutions on behalf of the Resolution Trust Corporation and FDIC. Daniel Becker, Managing Director, Head of AML Compliance BANK OF NEW YORK Dan Becker has been the Head of AML Compliance at The Bank of New York since December 2004, responsible for AML, BSA and OFAC compliance. Previously, Dan was the Head of AML Compliance for Deutsche Bank Americas, responsible for developing, implementing and supervising AML compliance programs throughout DB’s businesses in the Americas and the Manager/Counsel for the UBS PaineWebber Money Laundering Prevention Group. From 1994 through 1999, Dan was an Assistant United States Attorney in the Southern District of New York. From 1998-1993, he was a litigation associate at Simpson, Thacher & Bartlett. Debra Geister, Director of Fraud Detection and Compliance Solutions LEXISNEXIS Debra Geister has worked with hundreds of businesses of all types as an independent consultant specializing in product development and business process. She recently worked to develop a line of fraud prevention and compliance products for Bankers Systems and subsequently managed those product lines. Debra has spoken at hundreds of speaking engagements over the past several years and trained countless executives and sales professionals in consultative selling, compliance and fraud prevention. She recently joined LexisNexis as the Director of Fraud Prevention and Compliance Solutions. Michelle L. Neufeld, VP & Assistant General Counsel JPMORGAN CHASE & CO. Michelle L. Neufeld’s area of primary focus is antimoney laundering compliance for the Investment Bank. Additionally, she also has responsibility for technology and operations, foreign exchange trading and proprietary trading. She represents the US Investment Bank on the firm’s Anti-Money Laundering Oversight Committee (“AMLOC”) and serves as a co-chair for the Global KYC sub-committee to AMLOC. She also actively participates on the SIA’s Anti-Money Laundering Committee. Prior to joining JPMorganChase in 1998, Ms. Neufeld was Counsel to the Reserve Funds, responsible for maintaining the legal and compliance functions for the various broker/dealers and investment advisory firms. 5:00 End of Day 1 Wednesday, Sept. 28, 2005: Main Conference Day 2 7:45 Registration/morning coffee 8:15 Day 1 Recap from conference Cochairs Betty Santangelo, Partner SCHULTE ROTH & ZABEL LLP Stephen Shine, Senior VP & Senior Regulatory Counsel PRUDENTIAL SECURITIES INC. 8:30 CASE STUDIES: Discussing Investigations and Criminal Prosecutions With Law Enforcement Officers After your SAR is filed, what happens next? Will the terrorists, drug traffickers and other criminals ever get caught? This session brings together various law enforcement officials to take you into the heart of the investigation and prosecution process, so you know that all your hard work in monitoring for suspicious transactions, and questionable account holders, is actually paying off. If you’ve ever wondered how the bad guys get taken down, here’s your chance to find out. Moderator: Teresa A. Pesce, Executive Vice President and AML Director HSBC NORTH AMERICA INC. Prior to joining HSBC in October 2003, Ms. Pesce was Senior Trial Counsel at the United States Attorney’s Office for the Southern District of New York where she had been responsible for approval and oversight of all money laundering and tax investigations and prosecutions in the Southern District. From December 1999 through January of 2002, she was Chief of the Major Crimes Unit for the Southern District, the unit with primary responsibility for investigating and prosecuting financial crimes exclusive of securities fraud, including financial institution frauds, tax frauds, and money laundering. Ms. Pesce joined the U.S. Attorney’s Office in 1992 as an Assistant U.S. Attorney, passing first through the General Crimes and Narcotics Units, before joining the Major Crimes Unit as a line assistant in 1995. Panelists: Gregory A. Coleman, Special Agent FEDERAL BUREAU OF INVESTIGATIONS Mr. Coleman joined the FBI in 1989 and has been assigned to the NY office since completing training at the FBI academy in Quantico, VA. He spent his first year conducting Fraud by Wire investigations (Ponzi schemes) and the next two years as a contact agent on an undercover investigation targeting corruption in the commodities industry. In 1992, Mr. Coleman became one of the original members of a squad established to investigate securities fraud and commodities fraud on a full time basis. He specializes in stock manipulation cases that have an international aspect and securities fraud based international money laundering investigations. Marcy Forman, Director of Investigations DEPARTMENT OF HOMELAND SECURITY- ICE Ms. Forman is responsible for all aspects of the ICE investigative mission to include the supervision of over 6,000 Special Agents, 156 field office to include 26 ICE Special Agent-in-Charge offices; four major investigative program divisions at ICE Headquarters: Financial Investigations, Investigative Services, National Security Investigations and Smuggling/Public Safety Investigations; the Office of International Affairs; and responsibility for administering a budget of nearly $1 billion dollars. Prior to assuming the position of Director of Investigations, Ms. Forman was the Deputy Assistant Director, Financial Investigations Division, for ICE, overseeing three specific initiatives, the centerpiece of which is Cornerstone, which identifies the means and methods used by criminal organizations to exploit U.S. financial and trade systems. Phillip D. Hull, Special Agent INTERNAL REVENUE SERVICE Phil Hull currently serves as a Special Agent for IRS- Criminal Investigation in Jackson, Mississippi He joined IRS in 1987. During his career he has successfully completed over one hundred (100) criminal investigations including numerous large scale non-narcotic money laundering organizations which involved domestic and international money laundering activity. His investigative experience includes being the case agent for a grand jury criminal investigation of a financial institution involving Bank Secrecy Act reporting requirements including failure to file suspicious activity reports in a timely, complete and accurate manner and for failing to have an appropriate program for detecting and reporting suspicious activity. Lester Joseph, Principal Deputy Chief- Asset Forfeiture & Money Laundering US DEPARTMENT OF JUSTICE Lester M. Joseph is the Principal Deputy Chief of the Asset Forfeiture and Money Laundering Section of the Criminal Division, U.S. Department of Justice. He has been a Deputy Chief in the Section since October 1991 and Principal Deputy Chief since January 2002. The Asset Forfeiture and Money Laundering Section is responsible for coordinating policy with respect to the application and enforcement of the asset forfeiture and money laundering statutes by federal prosecutors and the federal law enforcement agencies. Prior to working in the Asset Forfeiture and Money Laundering Section, Mr. Joseph worked for seven years as a Trial Attorney in the Organized Crime and Racketeering Section. From 1981- 1984, Mr. Joseph was an Assistant State’s Attorney in Cook County (Chicago), Illinois. 10:00 Morning Networking Break 10:15 Reduce Exposure to Politically Exposed Persons and Other High- Risk Clients by Enacting a Thorough AML Risk Assessment Program • Complying with Sections 312 and 311 of the USA Patriot Act • Determining if the FATF list of noncooperative countries is still relevant • How to develop a new list to identify highrisk countries • Risk-based analysis from foreign private bank accounts and political officials • Defining exactly who a PEP is, the risk they carry, and implementing a system to identify them • Offshore jurisdiction risk – how much due diligence is enough? • Reducing exposure to risky clients in countries in which a large percentage of people in the banking sector have political connections • What to do to understand the risk, monitoring transactions, keeping a degree of transparency • Assessing other high-risk product lines Moderator: C. Rachel Raemore, CMG/WMG Compliance Director WACHOVIA CORP. C. Rachel Raemore is currently the Anti-Money Laundering Compliance Director for the Capital Management and Wealth Management Groups at Wachovia Corporation. In this role, Rachel ensures that each business line within the two divisions has analyzed and instituted the appropriate programs relative to managing AML and OFAC risks. Her responsibilities also entail analyzing and determining which business lines are impacted by the USA PATRIOT Act of 2001 and implementing appropriate changes. Panelists: Marcy Forman, Director of Investigations DEPARTMENT OF HOMELAND SECURITY- ICE Kate Jones Troy, Director & Global Anti- Money Laundering Prevention Officer CREDIT SUISSE FIRST BOSTON Kate Jones Troy is CSFB’s Global Money Laundering Prevention Officer. Prior to joining CSFB, Ms. Jones Troy was a Director and Senior Counsel at Merrill Lynch where she worked in the Regulatory Affairs and Litigation Groups. Prior to that Ms. Jones Troy worked in the New York County District Attorney’s Office Trial Division for 10 years including assignments to the Homicide Bureau and the Sex Crimes Prosecution Unit. Patrick Kidney, Director of Financial Crimes Prevention and Intelligence LEHMAN BROTHERS Patrick Kidney is primary focus is on the implementation of the anti-money laundering and antiterrorist financing provisions of the USA PATRIOT Act, economic sanctions and foreign corruption issues. Prior to moving to New York in May 2002, he was a member of the Compliance team for Lehman Brothers in London where he implemented the Firm’s European money laundering prevention program. He is currently the Co- Chairperson of the Securities Industry Association’s Anti- Money Laundering Committee, and has been an active member of this Committee since 2002. ©2005 IIR Holdings, Ltd. To Register Call 888-670-8200 • Fax 941-365-2507 Visit us on the Web: 6 w w w.am
and Attendees of any AML Conference. 11:15 Compiling Comprehensive and Complete Data for Your Annual AML Program Audit • A “cheat sheet” on what rules have been finalized that auditors should be paying strict attention to • What auditors should be doing and looking at when doing a firm’s review • Identifying the key differences in audit requirements for mutual funds, unregistered investment advisors and other alternative investments • Analyzing the findings of any audits investigated by federal regulators • Evidencing supervisory reviews • Implementing a system in which your documentation is ready on a moment’s notice • Putting together a policy and procedure manual Ellen Zimiles, Principal KPMG LLP Ellen S. Zimiles is the National Financial Services Industry Leader in KPMG’s Forensic practice, and has been with the firm for the last seven years. Ms. Zimiles provides investigative advisory services, conducts internal money laundering and fraud investigations for financial institutions, corporations, and health care providers, develops and reviews compliance and business ethics programs, and provides independent monitoring services for the public and private sector. Ms. Zimiles also conducts due diligence reviews to determine money-laundering vulnerabilities internationally. She is an experienced former prosecutor, civil litigator, and administrator with over ten years of law enforcement experience and almost 20 years of litigation experience. Prior to joining KPMG, she served as Chief, Asset Forfeiture Unit, Criminal Division, United States Attorney’s Office, Southern District of New York 11:50 Combating the Financing of Terrorism • Assessment of the new generation of terrorists and global trends • Understanding the dynamics of change and evolution of operational methodologies • Understanding the characteristics and dimensions of terrorist financing • Amending an AML program to address CFT issues • Prevention and Detection of Terrorist Financing for Financial Institutions Concurrent Sessions. Choose A or B: AImplementing a Thorough Transaction Monitoring & Surveillance Technology System Kenneth L. Bryant, Consultant ANTI-MONEY LAUNDERING (AML)/COMBATING THE FINANCING OF TERRORISM (CFT) Mr. Bryant has more than 15 years senior management experience both in the United States and Overseas as a money laundering investigator, compliance officer, money laundering reporting officer, enforcement regulator and a counter terrorist and counter narcotics consultant. He possesses seven board certifications covering the areas of risk management, financial due diligence, financial operations, regulatory compliance, and anti-money laundering. Mr. Bryant resides in the United States where he manages and operates a global asset protection and risk mitigation consultancy. He advises governments, international bodies, regulatory agencies, and financial institutions on a global basis. Dennis M. Lormel, Senior Vice President, Anti Money Laundering CORPORATE RISK INTERNATIONAL; Former Chief, Terrorist Financing Operations Section, CounterTerrorism Division FEDERAL BUREAU OF INVESTIGATIONS Mr. Lormel retired from the Federal Bureau of Investigation (FBI) in December 2003, following over 30 years of government service, almost 28 years as a Special Agent in the FBI. Immediately following the terrorist attacks of September 2001, Mr. Lormel formulated, established and directed the FBI’s comprehensive terrorist financing initiative. He developed and implemented a variety of proactive and progressive investigative methodologies. These efforts evolved into the formation of a formal Section within the Counterterrorism Division of the FBI, known as The Terrorist Financing Operations Section. Mr. Lormel received numerous commendations and awards to include the Department of Justice, Criminal Division’s, Assistant Attorney General Award for Investigative Initiative and the Central Intelligence Agency’s George H. W. Bush Award for Excellence in Counterterrorism. Based on his recognized expertise, he accepted a position as Senior Vice President, Anti-Money Laundering, with the full service corporate security consulting firm Corporate Risk International. B 12:25 Luncheon for delegates and speakers Keynote Presentation: The Office of Foreign Assets Control in the 21st Century • OFAC’s relationship to FinCEN and its role within Treasury’s Office of Terrorism and Financial Intelligence (TFI) • The connection between sanctions compliance and AML • OFAC’s involvement with FATF issues, including charities, funds transfers (including crossborder ACH), and MSBs • An institutional and remedial approach to Enforcement (new guidelines, examination matrices, and best industry practices) • Providing the tools for implementation • User-friendly website modernization • Publicly addressing more questions of general applicability • Moving toward a paperless environment • Engaging in greater outreach Robert W. Werner, Director OFFICE OF FOREIGN ASSETS CONTROL Robert Werner became the Director of the Office of Foreign Assets Control (OFAC) on October 1, 2004. Werner brings extensive federal, state and private sector experience to this position. At Treasury, he served as the Assistant General Counsel for Enforcement and Intelligence, Counselor to General Counsel and Chief of Staff at the Financial Crimes Enforcement Network. Immediately prior to coming to the Treasury, Werner served in the Justice Department’s Office of Legal Counsel. He has also served as a federal prosecutor in the U.S. Attorney’s Office in Connecticut, Associate Attorney General in Connecticut, and he headed Connecticut’s gaming regulatory agency. His private sector experience includes work as a partner at Bingham Dana LLP (now Bingham McCutchen) and as an officer at Phoenix Home Life Mutual Insurance Company (now The Phoenix Companies). Constructing a Compliant AML Program for Insurance Companies Dictated by New Regulations ©2005 IIR Holdings, Ltd. 1:45 • Comparing and contrasting the various available platforms • Determining the criteria which will set off the warning bells in your surveillance system • Issues to consider when deciding to build in-house or purchase • Coordinating new technology platforms with existing systems • How to make your technology purchases cost efficient Michael Dougherty, Principal FTI CONSULTING Tara Loftus, First Vice President & Deputy Director of Compliance UBS FINANCIAL SERVICES INC. Ms. Loftus manages the UBS Financial Services’ Money Laundering Prevention Group, which handles all matters related to the Bank Secrecy Act. The Group is responsible for developing AML policies and procedures, coordinating UBS’ AML training efforts, providing counseling and reporting on AML issues, and conducting AML surveillance and investigations. In addition, the Group is also responsible for managing UBS’ PATRIOT Act and OFAC Compliance efforts. Ms. Loftus started her career in the securities industry in 1993 as a member of Merrill Lynch’s Legal Department. She held various Compliance and Regulatory positions at Merrill Lynch and then JP Morgan, prior to joining PaineWebber (now UBS) in early 2000. Ms. Loftus is a member of the SIA’s Anti-Money Laundering Committee. John F. Walsh, Senior Vice President- AML Technology Group BANK OF AMERICA John Walsh has over 20 years of International Financial Services experience. He has been involved with Commodities, Foreign Exchange and Fixed Income, as a trader and in senior business management positions. John has worked directly in both the US and several high risk emerging market countries, during which time he gained valuable experience addressing international compliance and AML issues. He then migrated to the technology side of the financial services business to design, implement and manage technology based systems, with a concentration on data management, trading technologies, fraud and surveillance. Since 2001 John has concentrated his energy and efforts on AML. He currently manages the AML and Terrorist Financing Technology group at Bank of America. 1:45 • How the newly issued regulations will alter the way you conduct business • Understanding the differences between the new insurance regulations with the already established regulations for broker dealers and mutual funds • Will auditing occur on a federal or state level? • Customer identification rules • Identifying the type of training that will be necessary • Transaction monitoring in the insurance industry Brian C. Loutrel, Vice President & AML Compliance Officer NEW YORK LIFE INSURANCE CO. Brian Loutrel is in charge of anti-money laundering and privacy compliance efforts as well as managing the handling of regulatory inquiries, examinations and reporting. Brian joined New York Life in June 1982. During his tenure with New York Life, Brian spent 15 years with the Corporate Audit Department conducting operational and information systems audits and fraud investigations, and the last seven years with the Corporate Compliance Department, where he has managed several divisions, including branch office audits, agent licensing and NASD registration, complaint handling and sales material review. Theresa Rittinger Schaefer, AVP, Associate General Counsel/Compliance NATIONWIDE MUTUAL INSURANCE CO. Theresa R. Schaefer joined Nationwide in 1994 initially representing the life insurance and affiliated companies. From 2001 to this year, Ms. Schaefer was elected as the chief administrative officer for the Office of the Chief Legal Officer, responsible for its thousand legal, compliance and government affairs employees, strategic planning and budgets. Currently, she is responsible for special projects for the Chief Legal Officer including overseeing corporate compliance programs and implementing enterprise wide new regulatory programs such as anti-money laundering. Prior to joining Nationwide, Ms. Schaefer was appointed as the Assistant Chief Counsel, Ohio Attorney General Office. Gary W. Sutton, Senior Banking Counsel, Office of the General Counsel US DEPARTMENT OF THE TREASURY Gary Sutton is responsible for issues relating to the regulation of financial institutions. He has been primarily involved in implementing the anti-money laundering provisions of the USA PATRIOT Act since its enactment in 2001. Prior to joining the Treasury Department he represented financial institutions in both regulatory and transactional matters. He began his career at Shearman & Sterling and has subsequently served in corporate counsel positions, including General Counsel of a regional bank holding company. He also served as Special Counsel in the Division of Market Regulation of the Securities and Exchange Commission and Senior Counsel at the Office of Thrift Supervision, and was an adjunct professor at George Mason University Law School. William D. Wilcox, Chief Compliance Officer & Counsel TRAVELERS LIFE AND ANNUITY William Wilcox serves as Chief Compliance Officer and Counsel for Travelers Life & Annuity based in Hartford, CT. Bill has served in this role for 5 years. Prior to this assignment he served as Counsel at Travelers Life & Annuity focusing on securities and securities distribution issues. Prior to Visit us on the Web: lac.com To Register Call 888-670-8200 • Fax 941-365-2507 7
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The Most Senior Level Speakers and Attendees of Any AML - IIR

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