AMLAC & Fraud - IIR
AMLAC & Fraud - IIR
AMLAC & Fraud - IIR
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PRE-CONFERENCE WORKSHOPS<br />
MONDAY, OCTOBER 19, 2009<br />
8:00 Workshop Registration/Morning Coffee 9:00 Workshops Begin 12:00 Lunch for Workshop Attendees Only<br />
A<br />
Strengthening Customer Due Diligence<br />
Processes Amid Increased Regulatory and Law<br />
Enforcement Scrutiny<br />
9:00-12:00 Choose one<br />
B<br />
Global Strategies for AML Compliance and<br />
<strong>Fraud</strong> Prevention<br />
In this workshop, you’ll hear from experienced AML, fraud and security experts,<br />
who will provide strategies for creating a cost-effective customer due diligence<br />
program, utilizing a combination of fee-based and free resources.<br />
• Analyzing techniques for conducting effective customer due diligence<br />
• Interviewing methods for identifying red flags that indicate information may<br />
not be legitimate or truthful<br />
• Identifying electronic and physical resources used by criminals to lie or evade<br />
detection during the due diligence process<br />
• The operational impact of, and liability associated with, outsourcing due<br />
diligence functions<br />
• Incorporating proper due diligence strategies for investigating fraudulent<br />
activity to find the account’s beneficial owner and source of wealth<br />
• Best practices for ensuring efficient and lawful information sharing between<br />
departments and institutions under Section 314(b) of the USA PATRIOT ACT<br />
Leaders:<br />
John Wagner, Director, BSA and AML Compliance,<br />
OFFICE OF THE COMPTROLLER OF THE CURRENCY<br />
Linda Busby, AML Officer, RAYMOND JAMES FINANCIAL<br />
Kevin Taylor, VP, Compliance, PERSHING ADVISOR SOLUTIONS LLC<br />
For institutions with customers located around the world, the importance of<br />
understanding money laundering regulations – as well as common transactions<br />
and business practices – in different regions is of paramount importance.<br />
In this workshop, participants will hear an overview of the major regulatory and<br />
fraud activity occurring in each region.<br />
Then, small roundtable groups will be set up so that each region can be<br />
discussed in an informal setting conducive to best-practice information sharing<br />
and exchange.<br />
Table 1: Canada<br />
Table 2: UK & Western Europe<br />
Table 3: Russia & Eastern Europe<br />
Table 4: Africa<br />
Table 5: Asia/Pacific<br />
Table 6: Latin America/Caribbean<br />
Leaders:<br />
Zoe Lester, St. George Group AML/CTF Compliance Officer, Financial Crimes<br />
Management, WESTPAC BANKING CORP.<br />
Stephanie Lowy, SVP, Global AML Risk Management and Policy Director,<br />
CITI PRIVATE BANK<br />
Erik Wilgenhof Plante, Senior Compliance Officer, COMMERZBANK AG<br />
Stella Aku Attakpah, AML/CFT Consultant, IAEA<br />
MAIN CONFERENCE DAY ONE<br />
MONDAY, OCTOBER 19, 2009<br />
© 2009 Institute for International Research, Inc. All rights reserved<br />
12:00 Registration for Main Conference<br />
1:00-1:15<br />
Opening Remarks from the Conference Chairs<br />
1:15-2:15<br />
Understanding the Latest Law Enforcement Initiatives for<br />
Identifying Trends and Preventing <strong>Fraud</strong><br />
The key to stopping financial crime often lies with understanding the<br />
environmental trends at large which can create a fertile ground for criminal<br />
activity. In this session, you’ll hear about the latest trends in AML, fraud and other<br />
criminal activity from law enforcement professionals. You’ll also gain insight into<br />
how enforcement agencies are working with industry professionals to effectively<br />
identify financial crime across a variety of institutions. Finally, the panel will<br />
discuss the best ways for you to identify and deter crime within your organization,<br />
based on the most current trends and data.<br />
John Caruso, Managing Director, Head of AML Compliance,<br />
DEUTSCHE BANK<br />
Lester Joseph, Principal Deputy Chief- Asset Forfeiture & Money Laundering,<br />
US DEPARTMENT OF JUSTICE<br />
Rachel Rojas, Supervisory Special Agent, FBI<br />
Tom Fleming, Asst. Director, Office of Compliance, Regulatory Policy<br />
and Programs Division, FINCEN<br />
2:15-3:15<br />
REGULATOR INSIGHTS — Avoid Penalties and Optimize<br />
Your Firm’s Defenses by Complying with the Latest AML<br />
and <strong>Fraud</strong> Regulations<br />
• Dissecting the latest trends with enforcement actions, and what they mean<br />
for institutional compliance departments<br />
• Updates on Red Flag Rule compliance strategies for creditors and financial<br />
institutions<br />
• Methods for implementing the latest FinCEN guidance on the CTR reporting<br />
exemption for depository institutions<br />
• Clarification on institution’s obligations under FINRA’s Notice to Members<br />
09-05 governing unregistered resales of restricted securities<br />
• Strategies for AML compliance with derivatives and Forex exchange transactions<br />
• Analysis and updates on the impact of the <strong>Fraud</strong> Enforcement & Recovery Act of<br />
2009 on AML and fraud prevention<br />
• AML compliance for managing wash sales, cross trades and market domination<br />
Moderator:<br />
Betty Santangelo, Partner, SCHULTE, ROTH & ZABEL<br />
John Wagner, Director, BSA and AML Compliance, OFFICE OF THE<br />
COMPTROLLER OF THE CURRENCY<br />
Michael Rufino, SVP, Member Regulation, Sales Practice Review, FINRA<br />
Alan Sorcher, Sr. Advisor for Cross-Sector Regulatory Strategies, FINCEN<br />
3:15-3:45 Networking Break<br />
www.amlac.com<br />
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