7 JUNE 2011
MAIN CONFERENCE DAY TWO: ENHANCED TOOLS AND TECHNIQUES |
| 07.30 – 17.00 |
Registration and Information Desk Open |
| 07.30 – 08.30 |
Networking Breakfast in Exhibit Hall |
| 08.30 – 08.45 |
Day Two Welcome Remarks
John Byrne, CAMS, Executive Vice President, ACAMS |
| 08.45 – 10.00 |
Regional Focus: Spotlight on Money Laundering Risks within Russia and Eastern Europe
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Tracking the rise of cyber crime and other new financial crimes in Eastern Europe |
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Assessing the extent of Russia’s vulnerability to corruption, money laundering and other financial crimes |
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Keeping an eye on criminal elements from Eastern Europe that extensively use the legitimate financial system to launder money |
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Mitigating the risks posed by domestic and foreign PEPs within Eastern Europe |
Moderator:
Simon Dilloway, Principal, Lopham Consultancy
Speakers:
Simon Goddard, International AML Project Manager, European Commission, Council of Europe
Arnis Lagzdins, Head of Group Compliance, Ukio bankas
Raul Vahtra, Head of Estonian FIU, Estonian Police and Border Guard Board |
| 10.00 – 10.30 |
Networking and Refreshment Break in Exhibit Hall courtesy of World-Check |
| 10.30 – 11.45 |
Determining Beneficial Ownership: Addressing a Draconian Task to Gain Transparency
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Understanding what financial institutions are doing to meet their existing due diligence obligations and what may be required of them in the near future |
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Examining the impact of pending proposals that would require greater transparency with regard to beneficial ownership of shell companies |
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Leveraging government and public authority initiatives aimed at verifying beneficial ownership |
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Complying with beneficial ownership information requirements when the beneficial owners aren’t identified at the outset |
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Where are we standing in regards to the evolution of the new 4th directive – What we know and what we ought to know |
Moderator:
John Gibson, Senior Manager, Fraud and Financial Crime, Lloyds Banking Group
Speakers:
Markus Schulz, Chief Compliance Officer, Global Life & Banking, Group Financial Crime Officer, Zurich Insurance Company Ltd
Carolyn E. Vick, CAMS, ED, Global KYC Strategy Manager, J.P. Morgan Treasury Services |
| 11.45 – 13.00 |
Imminent and Key Changes in the European AML and global Tax Landscape: from Tax treaties to Tax as a Predicate Offense and to an Upcoming 4th ML Directive
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The recent backlash from high-profile tax evasion cases has ignited a global movement to crack down on tax havens and aggressively pursue tax enforcement across jurisdictions |
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Key challenges for financial institutions and government agencies due to uncertainty and restructuring in the tax landscape |
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Discussion about the creation of global anti-tax evasion best practices by the Financial Action Task Force |
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Recommendations for keeping abreast of new trends and all the changes in Europe and the world |
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Where are we standing in regards to the evolution of the new 4th directive – What we know and what we ought to know |
Moderator:
Markus Schulz, Chief Compliance Officer, Global Life & Banking, Group Financial Crime Officer, Zurich Insurance Company Ltd
Speakers:
Nicola Bonucci, Director, Directorate for Legal Affairs, Organisation for Economic Co-operation and Development (OECD)
Eric Ducoulombier, Deputy Head of Unit, Corporate Governance, Social Responsibility, DG Internal Market and Services, European Commission |
| 13.00 – 14.00 |
Networking Luncheon |
| 14.00 – 15.15 |
Latest Global Sanctions in Light of Changes in the MENA Region—Increased Emphasis on the AML/CTF Front
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Understanding the sanctions against MENA and the importance of the need of clear guidelines accompanying sanctions regulation, uncertainty and confusion in the banking world |
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Identifying the challenges to respond to regulators/authority requests regarding MENA |
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Developing effective AML strategies to deal with data privacy and bank secrecy legislation, which make difficult to determine the beneficial owner |
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Mitigating the risks by understanding the best practices from recent cases. Best course of action during different situations |
Moderator:
John J. Byrne, CAMS, Executive Vice President, Association of Certified Anti-Money Laundering Specialists (ACAMS)
Speakers:
Zia Ullah, Partner - Regulatory, Pannone LLP
Jaap van der Molen, Director, VDM Global |
| 15.15 – 15.45 |
Networking and Refreshment Break in Exhibit Hall |
| 15.45 – 17.00 |
Domestic and Foreign Politically Exposed Persons (PEPs): Tackling the Key Issues
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Implementing a risk-based approach to manage PEPs conducting business with your organisation |
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Dealing with senior political leaders from other regions such as MENA |
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Taking reasonable measures to determine whether a customer is defined as a PEP within the EU |
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Developing and maintaining an effective PEP management programmes |
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Analysing lessons learnt from recent cases of bribery and corruption tied to PEPs |
Moderator:
John Gibson, Senior Manager, Fraud and Financial Crime, Lloyds Banking Group
Speakers:
David Clark, CAMS, Head of Financial Crime Intelligence & Analysis, Barclays Wealth
Jurgen Egberink, Group AML Compliance Officer, Zurich Insurance Company Ltd |
| 17.00 – 17.15 |
Closing Remarks |
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