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

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• Dealing with the extraterritorial reach of OFAC • Family support remittances – do they fall under sanctions • Key challenges relating to anti-proliferation measures • Industries at higher risk of sanctions violations • Sanctions and correspondent banking relationships • Leveraging transaction monitoring to identify potential sanction violations 4:30 Conference Adjourns 8:30 Coffee Served Thursday, April 28, 2011 9:00 Announcements and Opening Remarks from the Chair Stephen Harvey Chief Anti-Money Laundering Officer, CIBC 9:05 Canadian Trends & Typologies – the Law Enforcement Perspective Supt. Jeff Adam Proceeds of Crime Director, RCMP Garry Clement The Clement Group • What typologies have been identified in the newly regulated sectors • An update on the white-label ATM sector • Trends in mobile payments, including phone-to-phone transfers of funds • Is pressure on legitimate MSBs pushing money remittances underground • Use of gold for money laundering • Casinos as a medium for money laundering • ATF typologies - The charity sector 10:15 Networking Refreshment Break 10:30 International Law Enforcement Case Studies Gregory Coleman Special Agent, FBI, New York City Donald Semesky Jr. Consultant, U.S. Drug Enforcement Administration This session, always one of our most popular, offers you fascinating insights into international money-laundering investigations–what the crooks were doing, and how they were detected. • What falls under the rubric of trade finance • What is the content of due diligence for letters of credit and other instruments of trade finance - KYC - Transaction monitoring • Indicia of trade-based money laundering 2:15 Networking Refreshment Break 2:30 Domestic and Foreign Anti-Bribery/Anti- Corruption Statutes: What Do They Mean to Canadian Regulated Entities Jacqlyn Stein Vice President & Chief Compliance Officer BNY Mellon Asset Management Canada Limited Jacob Frenkel Chair, Securities Enforcement and White-Collar Crime Practice Group, Shulman, Rogers, Gandal, Pordy & Ecker P.A., Potomac, Maryland • Key elements of the FCPA, UK Bribery Act and Canadian Bribery Act • How they affect you and why should you be concerned • Understanding the extraterritorial reach of the US and UK statutes • What entities are covered • Elements of an adequate compliance program • Red flags 3:30 AML Compliance for Mutual Fund and Portfolio Managers Carol Sands Chief Compliance Officer, Brandes Investment Partners & Co. Prema Thiele Partner, Borden Ladner Gervais LLP • Who does what -- allocating responsibilities between fund managers and dealers • Approaches to suspicious and attempted suspicious transaction reporting - The impact of arm’s length relationships with investors - Red flags • What does risk-based analysis mean in the fund management context - Risk analysis of potential investments • The role of securities regulators • Selecting an independent auditor • Meeting training challenges in this sector 4:30 Chair’s Remarks and Conference Concludes 12:15 Luncheon for Delegates & Speakers 1:30 What to Watch For in Trade Finance Phil Tawtel FCGA Director of Compliance, North America, Western Union Business Solutions Lincoln Tilokee Director, Business & Operational Risk, Commercial Banking, Business Contact Centre, Trade Finance Operations & Wholesale Automotive Operations, CIBC Sponsorship & Exhibition Opportunities Maximize your organization’s visibility in front of key decision-makers in your target market. For more information, contact Business Development Executive Andrew Thompson at 416-927-0718 ext. 7232, toll-free 1-877-927-0718 ext. 7232 or by email at a.thompson@CanadianInstitute.com Register at 1-877-927-7936 or in Toronto 416-927-7936 or www.CanadianInstitute.com/AML
Pre-Conference Workshop April 26, 2011 • 2:00-5:00 p.m. (registration opens at 1:30) Anti-Money Laundering 101: Mastering the Fundamentals Susana Johnson, CA Vice President and Head of Anti-Money Laundering Services, KPMG Forensic This comprehensive, hands-on workshop has been designed to provide you with a good grasp of the basics, including the regulatory framework, the key elements and objectives of an AML/ATF compliance program and the role of the Chief Anti-Money Laundering Officer. Topics in this workshop will include: • Understanding the essential purpose and principles of an AML/ATF compliance program - defining money laundering and terrorist financing - protecting your organization from liability, fines/penalties and reputational risk - establishing a compliance framework – policies, procedures and controls • Understanding the regulatory framework - key regulatory bodies: who does what - understanding the different regulatory regimes - Financial Transactions and Reports Analysis Centre of Canada (FINTRAC) - the role of the Office of the Superintendent of Financial Institutions - self-regulatory organizations and industry associations • An overview of key legislation and regulations - the Proceeds of Crime (Money Laundering) and Terrorist Financing Act (PCMLTFA) and regulations - the basic requirements applicable to all reporting entities • A roadmap to compliance - overview of an effective compliance program - designing a compliance program appropriate to your organization - the importance of comprehensive risk assessment - roles of the board, committees and management - audit/review obligations - understanding industry best practices If you are new to the area or just need a comprehensive refresher, this workshop will provide you with a solid footing in the regulatory compliance essentials. Don’t miss this great opportunity to get up to speed on the fundamentals before the conference begins! Susana Johnson, CA has conducted anti-money laundering reviews for banks, securities dealers, foreign exchange dealers and other sectors, to assess their compliance with the AML and anti-terrorist financing requirements of Canada, the U.S. and U.K. She has 20 years of experience in a broad range of forensic and compliance-review assignments Comments From Our 2010 CONFERENCE Participants “Overall excellent conference” – Michael Lin “Knowledgeable professionals and panelists” – Michael Anderson, Compliance Officer Microfinance International Corp, Washington DC “Speakers were very good” – Veronica Cocco, CAMLO/CCO, The Effort Trust Company A MUST-ATTEND EVENT FOR Anti-Money Laundering Officers, Compliance Officers, In-house Counsel, Internal Auditors and Heads of Security in: • Banks • Credit unions • Trust and loan companies • Life insurance companies • Non-bank financial institutions • Asset management firms • Securities firms • Money-service businesses • Mortgage companies • Broker/dealers • Investment advisors/money managers • Foreign-exchange dealers Also: Sponsored By Accreditation • Precious metal, gems and jewellery sellers • Real estate developers and brokers • Lawyers in private practice • Accountants • Casino operators • Consulting firms • Regulatory authorities The intensifying global efforts to eliminate money laundering, terrorist financing and corruption are leading to additional work for compliance departments. The Dow Jones Risk & Compliance suite covers a spectrum of AML, anti-corruption and sanctions compliance needs, reducing the compliance burden while proactively managing risk in this increasingly complex world. http://www.dowjones.com/riskandcompliance LexisNexis Canada provides information and services solutions to professionals in law firms, corporations, government and academic institutions. LexisNexis® offerings include Bridger Insight XG® for AML watch-list screening, the Quicklaw® online legal research service; Butterworths® print and CD ROM titles and newspapers; the Lexis® and Nexis® global online research services; and other leading solutions in Research, and Litigation Services. www.lexisnexis.ca Trusted by more than 4,500 institutions in over 160 countries, including 49 of the world’s top 50 banks, World-Check’s global database of heightened risk individuals and entities, Enhanced Due Diligence (EDD) reports, passport verification and country risk assessment tools provide the means to address the full spectrum of risk across all markets and industries. For more information visit www.world-check.com Sword FircoSoft has over 15 years experience in providing watch Filtering Since 1994 list filtering and straight-through processing (STP) solutions. Sword FircoSoft’s watch list filtering solution, Firco Filtering Suite, helps financial institutions comply with reinforced international regulations on terrorist financing and embargoes, by eliminating the risk of processing illegal transactions and detecting highrisk financial customers and counterparts. Over 400 customers in more than 70 countries use Sword FircoSoft’s filtering solutions. Sword FircoSoft has been ranked #1 watch list filtering solution since 2003 by Celent. For more information, please visit www.sword-fircosoft.com Supporting Partner ACAMS is an international organization with more than 10,000 members from 140 countries dedicated to advancing the knowledge, skills and credentials of AML professionals and promoting sound anti-money laundering policies and procedures. ACAMS also offers the Certified Anti-Money Laundering Specialist (CAMS) credential, recognized globally as the gold standard in the industry. Learn more at www.ACAMS.org. This event qualifies for up to 14 CAMS credits Main conference = 11 CAMS credits Pre-conference workshop = 3 CAMS credits This program may be applied towards 9 of the 12 hours of annual Continuing Professional Development (CPD) required by the Law Society of Upper Canada. The workshop may be applied for 2.5 hours. These CPD hours are not accredited for the New Member Requirement. Please consult the LSUC website for rules applying to webcast credits. This program may be applied for 11 hours toward the substantive law portion of your continuing legal education requirements in British Columbia and 11.5 hours in New Brunswick. The workshop may be applied for 2.75 hours. The Barreau du Québec automatically recognizes the same number of hours that have been accredited by another Law Society subject to MCLE. This program has been approved by the Law Society of Saskatchewan for 11.5 credit hours for Continuing Professional Development (CPD). The workshop has been approved for 2.5 hours. Attendance at this program by members of the Law Society of Alberta may be submitted to the Law Society for Continuing Professional Development credits. ©The Canadian Institute, 2010 Register at 1-877-927-7936 or in Toronto 416-927-7936 or www.CanadianInstitute.com/AML
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anti-money laundering - Shulman, Rogers, Gandal, Pordy & Ecker, PA

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