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.
09.00 – 12.00
WORKSHOP A: A Practical Guide to Developing and Implementing a Risk-Based AML Programme
Your AML programme’s effectiveness hinges on your ability to
accurately evaluate and address the unique risks faced by your
organisation. Identifying high-risk areas within your business is
the first step towards prioritising AML initiatives; however, risk is
not static and must be constantly re-evaluated and fine-tuned in
order to ensure proper management. Does your compliance programme
fully address the identified risks posed to your organisation?
Take advantage of this intensive hands-on workshop to:
- Accurately assess and mitigate enterprise-wide risks
- Re-evaluate training, due diligence, monitoring, reporting and
audit functions with an eye towards risk management
- Prioritise investigations based on identified or perceived
threats
- Drive a culture of compliance that incorporates risk-based
decision making
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13.00 – 16.00
WORKSHOP B: Adopting Proven Strategies to Ensure
Successful AML Audits
An AML audit provides a snapshot of your institution’s money
laundering preparedness and how well it meets regulatory expectations.
While a successful AML programme strikes a delicate
balance between meeting examiners’ requirements and addressing
specific enterprise risk, the only way to measure its success
is through an independent audit. Does your AML programme
achieve its mission? Attend this interactive tutorial for detailed
instruction on how to:
- Identify and execute the key elements of a successful audit
within any size organisation
- Adopt the most cost-effective methods for completing a
successful internal audit
- Successfully integrate audit results into your programme
- Determine the effectiveness of computer assisted auditing
tools and techniques (CAATTs)
- Examine best practises and critical lessons learned from other
financial institutions
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| 08.30 – 08.45 |
Welcome Remarks |
| 08.45 – 09.45 |
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. |
| 09.45 – 10.15 |
Networking and Refreshment Break in Exhibit Hall courtesy of Fiserv |
| 10.15 – 11.15 |
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. |
| 11.15 – 12.15 |
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. |
| 12.15 – 13.30 |
AML Knowledge Lunch courtesy of Deloitte |
| 13.30 – 14.30 |
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. |
| 14.30 – 15.30 |
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. |
| 15.30 – 16.00 |
Networking and Refreshment Break in Exhibit Hall |
| 16.00 – 17.00 |
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. |
| 17.00 – 18.00 |
Networking Reception in Exhibit Hall |
| 08.40 – 08.45 |
Day Two Opening Remarks |
| 08.45 – 09.45 |
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. |
| 09.45 – 10.15 |
Networking and Refreshment Break in Exhibit Hall |
| 10.15 – 11.15 |
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.
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| 11.15 – 12.15 |
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. |
| 12.15 – 13.30 |
Networking Luncheon |
| 13.30 – 14.30 |
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. |
| 14.30 – 15.30 |
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. |
| 15.30 – 16.00 |
Networking and Refreshment Break in Exhibit Hall |
| 16.00 – 17.00 |
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. |
| 17.00 – 17.15 |
Closing Remarks |