anti-money laundering - Shulman, Rogers, Gandal, Pordy & Ecker, PA

More documents

Recommendations

Info

“B.C. Lottery Corp... hit with $670,000 penalty over [suspicious] transaction reporting lapses” – Vancouver Sun, July 22, 2010 Complying with anti-money laundering, anti-terrorist financing and sanctions regulations has never been more challenging, and the risks of failure – both monetary and reputational – continue to grow. The Canadian Institute’s Forum on Anti-Money Laundering has a strong record of delivering the practical, unbiased information you need in this ever-changing area. This year’s program includes new sessions on: • Conducting inherent risk analysis • AML in trade finance • AML for mutual fund/portfolio managers and • Tax evasion as a new predicate offence We’ve also beefed up our coverage of sanctions compliance, in light of at least three fines or settlements in the $half-billion range levied against major financial institutions internationally over the past year. The outstanding faculty includes keynote speaker Jeanne Flemming, Director of FINTRAC; Special Agent Gregory Coleman of the FBI’s New York office; Josée Nadeau, Senior Chief, Finance Canada, Financial Crimes – International; and many more. Back by popular demand is the introductory pre-conference workshop on the fundamentals of AML. Don’t miss this outstanding event! Reserve your space today by calling 1-877-927-7936 or by faxing your registration form to 1-877-927-1563 or online at www.CanadianInstitute.com/AML. Learn from these distinguished speakers: Chair: Stephen Harvey Chief Anti-Money Laundering Officer CIBC Speakers: Supt. Jeff Adam Proceeds of Crime Director RCMP Steve Aikman Senior Technical Advisor, Enforcement and Disclosures Directorate Canada Revenue Agency Nicolas W. R. Burbidge, FCIS PAdm. Senior Director, Compliance Division Office of the Superintendent of Financial Institutions Canada (OSFI) Garry W. G. Clement, CFE CAMS AMLP President & CEO White-Collar Consultants and Investigative Group Gregory Coleman Special Agent, FBI, New York City Jacob Frenkel Chair, Securities Enforcement and White-Collar Crime Practice Group, Shulman, Rogers, Gandal, Pordy & Ecker P.A., Potomac, Maryland Susana Johnson, CA Vice President and Head of Anti-Money Laundering Services, KPMG Forensic Ron King Vice President & Chief Anti-Money Laundering Officer, Bank of Nova Scotia Judy Long Director, Business Conduct Compliance, IIROC Pat O’Connor Director, Canada Revenue Agency Josée Nadeau Senior Chief, Finance Canada, Financial Crimes - International Carol Sands Chief Compliance Officer Brandes Investment Partners & Co. Donald Semesky Jr. Consultant U.S. Drug Enforcement Administration Jacqlyn Stein Vice President & Chief Compliance Officer BNY Mellon Asset Management Canada Limited Phil Tawtel FCGA Director of Compliance, North America Western Union Business Solutions Prema Thiele Partner, Borden Ladner Gervais LLP Lincoln Tilokee Director, Business & Operational Risk Commercial Banking, Business Contact Centre Trade Finance Operations & Wholesale Automotive Operations CIBC Register at 1-877-927-7936 or in Toronto 416-927-7936 or www.CanadianInstitute.com/AML
Wednesday, April 27, 2011 8:00 Registration Opens and Coffee Served 9:00 Announcements and Opening Remarks from the Chair Stephen Harvey Chief Anti-Money Laundering Officer, CIBC 9:10 Keynote Address Jeanne Flemming Director, FINTRAC 9:45 What’s Happening with FATF and the Broader International Community Josée Nadeau Senior Chief, Finance Canada Financial Crimes – International • An update on the FATF review of international standards • The time frame for FATF consultation for standard changes and preparation for the 4th round of Mutual Evaluations • Informing your risk-based approach: high-risk jurisdictions • Provisions of C-9 in force as of 2011 - New ministerial powers to implement counter-measures against high-risk jurisdictions 10:30 Networking Refreshment Break 10:45 What’s New from the Regulators Moderator: Stephen Harvey Chief Anti-Money Laundering Officer, CIBC Panelists: Nicolas W. R. Burbidge, FCIS PAdm. Senior Director, Compliance Division, Office of the Superintendent of Financial Institutions Canada (OSFI) Judy Long Director, Business Conduct Compliance, IIROC FINTRAC Representative Name of the speaker from FINTRAC will be updated on our web site • An update on AMPS imposed to date, including the B.C. Lottery Corp. penalty - What infractions have been identified • What are FINTRAC’s plans with respect to conducting compliance risk assessments on banks - How will this fit in with OSFI’s audits • Guidance on the changes to s.1.1 of the PCMLTFA: jurisdictions of higher risk - Draft regulations if available • Expectations on boards of directors, senior management and internal auditors • What are FINTRAC’s expectations with respect to reporting frauds - Do victims need to be personally identified in the report, or just conspirators/fraudsters - Is a police report sufficient - Securities fraud such as pump-and-dump schemes - Ponzi schemes, mortgage fraud, alternative types of loans • Sanctions - Will the regulators be integrating their lists - How compatible are the OFAC lists - What are the expectations on FIs --Real time or batch customer monitoring Cross-border transactions - Monitoring securities by trade as well as by clients - Evaluating custodians and brokers/broker dealers 11:45 Q&A With the Regulators This is your chance to ask the regulators any questions you may have. 12:15 Networking Luncheon for Speakers & Delegates 1:30 Understanding OSFI’s Expectations for Inherent Risk Analysis Nicolas Burbidge, FCIS, PADm. Senior Director, Compliance Division, OSFI • What are OSFI’s expectations in terms of inherent risk analysis methodology • Identifying high-risk customers • The content of enhanced due diligence and monitoring: what does it mean in practice • Rating products and services • Best account-opening practices and KYC for foreign persons 2:30 Networking Refreshment Break 2:45 Tax Evasion as a Designated Offence for Purposes of Proceeds of Crime and Money Laundering Legislation Steve Aikman Senior Technical Advisor , Enforcement and Disclosures Directorate, Canada Revenue Agency Pat O’Connor Director, Canada Revenue Agency • The advent of tax evasion as a designated offence in Canada • When did the legislation come into effect • What Acts (legislation) are now designated offences • Is tax evasion a money laundering offence • What are the primary indicators of tax evasion • Why would an FI suspect tax evasion • How is an FI supposed to know how much income a client reports to CRA • Can advisors be implicated in the tax evasion undertaken by a client • How will CRA deal with Proceeds of Crime cases • Cooperation between CRA and FINTRAC • How does CRA deal with disclosures received from FINTRAC 3:30 Complying with Sanctions: Ten Case Studies Ron King Vice President & Chief Anti-Money Laundering Officer Bank of Nova Scotia In this session, case studies will be used to illustrate important aspects of compliance with sanctions regimes. • Typologies of sanction evasion • What are the red flags Register at 1-877-927-7936 or in Toronto 416-927-7936 or www.CanadianInstitute.com/AML
Page 1: April 27-28, 2011 | Sutton Place Ho
Page 5 and 6: Pre-Conference Workshop April 26, 2

anti-money laundering - Shulman, Rogers, Gandal, Pordy & Ecker, PA

You also want an ePaper? Increase the reach of your titles

Delete template?

Save as template?