Conference Programme

Specially designed to complement your training experience, these hands-on workshops provide in-depth instruction in key areas of AML/CTF compliance. Take advantage of the small group setting for a truly interactive experience and return to the office prepared to immediately implement innovative AML/CTF tools and techniques.

Separate registration is required. Registration fee includes workshop materials and refreshments.

Keeping Current with European and International Money Laundering Regulations to Ensure Compliance

Across Europe and around the world, emerging regulations are forcing the compliance community to dramatically shift its approach to combating money laundering and terrorist financing. This special presentation outlines the scope of global regulatory changes, including the European Council’s mutual legal assistance agreements, cross-border crime prevention measures and privacy guidelines. Determine the effect of the interim Terrorist Finance Tracking Programme (TFTP)—the EU-US Agreement on financial messaging data for counter-terrorism investigations—on regional CTF efforts. Take advantage of this opportunity to understand the impact of extraterritorial legislation originating in the US and elsewhere, including UN and OFAC sanctions, asset recovery initiatives and AML/CTF objectives in high-risk territories.

Implementing a Risk-Based PEP Management Programme

Identifying Politically Exposed Persons (PEPs) in the context of varying definitions and expectations creates a very real challenge for financial institutions around the world. Although international bodies such as the FATF provide some guidance, it’s often challenging to interpret and act upon this information in real-life situations. And as PEP lists are continuously updated and expanded, quantifying your organisation’s exposure to risk is a constantly evolving task. With the threat of stiff penalties compounding your exposure, what steps can you take to immediately improve your PEP management programme? Join this interactive panel and get the latest guidance regarding PEP screening and illustrate proven best practises from leading institutions.

Analysing Lessons Learned from the Latest International Enforcement Actions

On the heels of recent historic penalties levied against Credit Suisse, UBS and Lloyds TSB, compliance executives around the world are stepping up their AML/CTF controls to ensure adequate compliance. But how can you be sure that your programme is not at risk for similar deficiencies and subsequent prosecution? What additional safeguards are your peer institutions establishing to mitigate exposure to risk? Interact with a panel of regulators and compliance executives as they dissect these and other high profile enforcement actions to highlight common deficiencies that can be identified and avoided within your own organisation. Listen as experts reveal the steps needed to manage reputational damage in the aftermath of negative worldwide publicity.

Combating Corruption & Bribery: Evaluating Best Practises from Around the World

According to a 2009 Transparency International report, just four of 36 countries party to the OECD Anti-Bribery Convention are active enforcers. What does the future hold for corruption and bribery laws and enforcement efforts? How should financial institutions respond to existing threats and anticipated regulations? How can you effectively meet identification, tracking and reporting obligations? What steps must you take to adequately address the risks posed by third-party representatives? Don’t miss this timely and informative analysis of the latest corruption and bribery trends and developments—with special emphasis placed on conducting business within high-risk regions.

Practical Applications: Navigating the Complexities of Global Economic Sanctions Requirements

As regulators around the world continue to emphasize sanctions compliance and punish offenders with crippling penalties, financial institutions have renewed their focus on meeting economic and trade sanctions requirements. A key component of ensuring sanctions compliance is understanding the specific obligations of each regulatory directive. This session clarifies the origin and extraterritorial reach of OFAC, UN and EU sanctions programmes and underlines key best practises of critical importance to all compliance executives. Learn how to navigate complex regulations, resolve conflicts between local and international obligations and avoid blacklisted entities.

Tackling Emerging Fraud and Money Laundering Schemes

As quickly as law enforcement and financial institutions evolve AML/ CTF controls, criminals will adapt methods to defraud individuals and organisations, fund terrorist activities and launder the proceeds of crime. Staying on top of the latest trends and typologies allows compliance professionals to take a proactive approach to preventing the flow of illicit funds through the financial system. This in-depth exposé examines the latest criminal schemes hitting the headlines, including stored value cards, mobile banking, online gaming, virtual cash and other electronic money laundering vehicles. Presenters also quantify the impact of VAT carousel fraud and carbon credit fraud on financial institutions. Learn how to identify the red flags that signal criminal activity and understand how to prevent illegal activity from affecting your own institution.

Third Money Laundering Directive: Overcoming Remaining Implementation Challenges

More than four years into adoption of the Third Money Laundering Directive, significant delays within noncompliant countries continue to stall efforts to create coherent AML/CTF controls across Europe. As new deadlines approach, hear the latest updates regarding transposition of the Directive within noncompliant member states. Understand how you can adopt a risk-based approach to AML and reconcile multiple, often conflicting, regulations when conducting business within Europe and the rest of the world. Examine AML/CTF benchmarks and best practises from compliant states and learn how your organisation will be affected by pending regional developments.

Understanding the AML Department’s Role in Detecting and Preventing Tax Evasion

The backlash from the high-profile tax evasion and privacy cases that dominated headlines last year has ignited a global movement to crack down on tax havens and aggressively pursue tax enforcement across jurisdictions. While the IRS Criminal Investigations Division is opening operations in 11 countries outside the US, the Foreign Account Tax Compliance Reporting Act (FATCAT) is making its way through Washington DC—and the Financial Action Task Force is reportedly considering whether to adopt similar measures. What impact will the OECD, CIAT and Joint International Tax Shelter Information Centre (JITSIC) have on future obligations? Don’t miss this exclusive presentation to understand how these and other international measures will impact the role of AML departments across Europe.

Adopting an Innovative Approach to Terrorist Financing Prevention

Terrorist financing is as pervasive as it is difficult to detect. Continued vigilance and enhanced detection techniques remain the most effective protection against this threat to both reputation and global security. Attend this special presentation to hear top law enforcement experts explain what is needed to fortify your organisation’s defences. Evaluate the steps to developing a resilient CDD (customer due diligence) programme to block terrorist financing at its start. Dissect the laundering methods—trade price manipulation, electronic payments, stored value—that groups like Al-Qaeda are using to successfully move money through the legitimate financial system without detection. Gain insight into the latest terrorist finance typologies, identify trends to watch for and understand your legal obligations related to account monitoring and reporting.

Leveraging Risk-Based Customer Due Diligence to Achieve Greater Transparency

Transparency has recently taken on a much higher profile, spurred by terrorist financing, arms trafficking and forays by the US government into the privacy protection of offshore accounts. As compliance executives are forced to rethink their approach to customer due diligence (CDD) and seek out more efficient methods for performing customer identification, what is the most effective path for adopting risk management strategies? Learn how to “right size” your level of CDD to achieve a proportionate risk-based approach and evaluate current benchmarks for ensuring adequate due diligence is applied at account opening and throughout the customer lifecycle.

Mitigating the Money Laundering Risks of Cross-Border Payments

The complex nature of international transactions makes it possible to disguise the parties involved, creating a monitoring challenge for the banks that process these payments. Compounding these challenges, funds transferred across borders are subject to the regulations of both the originating and the receiving jurisdiction. In this compelling presentation, learn what your obligations are in monitoring wire transfers, what patterns could be indicative of suspicious activity and what information you must include in your payment messages. Walk away with a clear understanding of how to navigate varying international expectations and identify strategies you can use to mitigate the risks of crossborder money movements.

Fine-Tuning Transaction Monitoring Processes to Ensure Maximum Efficiency

Regardless of your technology choice or the complexity of your system, fine-tuning transaction monitoring is a challenge shared by financial institutions around the world. Most compliance executives acknowledge that a risk-based approach is the most effective; however, few benchmarks exist to measure success or plan process improvements. Illustrated through real-world examples and lessons learned, this technology-agnostic panel of AML thought-leaders outlines their approach to transaction monitoring and explains the practical steps you can take to ensure maximum efficiency of your own system.