MAIN CONFERENCE DAY TWO
Thursday, October 1, 2009
CONCURRENT SESSIONS
10:55 AM - 12:10 PM
SEMINAR
Applying Lessons Learned from Recent Terrorist Financing Cases
Terrorists have been known to transfer funds around the globe without raising a single red flag. Their ability to create new and elaborate methods of moving money—often through legal channels—makes tracing their transactions a difficult task. This panel of world-renowned experts walks you through recent terrorist financing cases that illustrate channels being used to transfer funds. Learn global best practices for resource allocation, suspicious activity reporting and risk mitigation that you can immediately apply to your organization.
Jimmy Gurulé
Professor of Law
Notre Dame Law School
Patrick O'Brien
Former Assistant Secretary for Terrorist Financing
U.S. Department of the Treasury
WORKSHOP
Establishing Win-Win Relationships between Financial Institutions and Law Enforcement
Financial institutions are a key ally to law enforcement in financial investigations. But financial entities often misunderstand their obligations to provide information to law enforcement, often leading to frustration on both sides. Many times, confusion stems from conflicting privacy laws and anti-money laundering regulations. In this workshop, you’ll learn what law enforcement agencies are looking for, how to respond to different types of requests and how you can establish a win-win relationship with law enforcement agents.
James A. Cox, CAMS
Sergeant
U.S.Fairfax County Police Department
ROUNDTABLE
Optimizing Money Laundering Controls to Detect Tax Evasion
Moderator pending confirmation. Check back for updates.
ROUNDTABLE
Implementing and Maintaining an Effective Identity Theft Prevention Program
(See Main Conference Day One for session description.)
Workshop leaders pending confirmation. Check back for updates.
ROUNDTABLE
Managing the Money Laundering Risks Posed by Hedge Funds and Other Investment Vehicles
(See Main Conference Day One for session description.)
Moderator:
Meg Zucker
Executive Director, Global Anti-Money Laundering Group
Morgan Stanley
ROUNDTABLE
Regional Focus: Responding to Caribbean Money Laundering Challenges
(See Main Conference Day One for session description.)
Moderator:
Nancy J. Saur, CAMS
Regional Head of Compliance & Risk Management
ATC Trustees (Cayman) Ltd.
CONCURRENT SESSIONS
1:25 PM - 2:40 PM
SEMINAR
PANEL DISCUSSION: Overcoming AML Challenges within Small and Mid-Sized Financial Institutions
Smaller institutions must achieve the same stringent level of anti-money laundering requirements as their larger counterparts – often without the resources and technology available to larger entities. How can these banks, credit unions, insurance companies and money services businesses leverage limited resources to meet regulatory expectations? This panel discusses the compliance challenges faced by smaller institutions and gives practical advice on how to conduct complex and labor-intensive AML tasks when budgets and asset size are an everyday challenge.
Emily J. Borowski, CAMS
Assistant Vice President Risk & Compliance
Notre Dame Federal Credit UnionSusan J. Galli, CAMS
Managing Director
Galli AML AdvisoryCharles Taylor, CAMS
Vice President, Director of BSA Compliance
CalNational Bank
WORKSHOP
Optimizing Risk-Scoring Models to Enhance Your AML Program
Faced with identifying and preventing a complex array of financial crime, you can no longer afford to take a blanket approach to AML compliance. But how can you execute effective AML controls within budget limitations? How can you be sure you’re applying scrutiny where it is most needed? In this special session, learn how to prioritize your resources based on risk and ensure more productive surveillance of the areas most susceptible to abuse. Return to your office ready to build an effective risk scoring model that enhances your existing risk ranking models.
Gary E. Peterson
President
International Management Advisory GroupRichard A. Small
Vice President, Enterprise-Wide AML and Sanctions Risk Management
American Express
ROUNDTABLE
Regional Focus: Targeting Money Laundering and Terrorist Financing in Asia
(See Main Conference Day One for session description.)
Moderator:
Peter Hazlewood
Managing Director- Group Legal, Compliance and Secretariat
DBS Group
ROUNDTABLE
Regional Focus: Combating Money Laundering and Terrorist Financing in the Middle East and North Africa (MENA)
(See Main Conference Day One for session description.)
Moderator:
John F. Walsh
President and Chief Executive Officer
SightSpan
ROUNDTABLE
Complying with the Unlawful Internet Gambling Enforcement Act
(See Main Conference Day One for session description.)
Moderator:
Joseph M. Kelly
Attorney
Catania & Associates LLC
ROUNDTABLE
Leveraging Process Improvement Tools to Enhance Transaction Monitoring
Quality assurance and process improvement programs are proven techniques to cut costs and streamline operations in every department of an organization. Learn how to optimize process flow charts, data mining, statistical sampling and predictive analytics. When you return to the office these tools can be immediately employed to optimize customer surveillance, reduce unproductive alerts and even lead to earlier warnings and detection than traditional transaction monitoring methods. Walk away with strategies to ensure multiple transaction monitoring systems work together more efficiently.
Moderator:
Saskia Rietbroek, CAMS
President
AML Services International
CONCURRENT SESSIONS
3:20 PM - 4:35 PM
SEMINAR
Understanding Complex High-Risk Foreign Exchange Transactions
In many countries, changing local currency into U.S. dollars and Euros for the purpose of conducting legitimate international financial transactions is challenging for a variety of reasons, including currency controls, ease and speed of conversion and confidentiality. In Venezuela—the Permuta bond swap—uses offshore corporations located in high-risk financial centers to change bonds into U.S. dollars and Euros. In Colombia and Mexico the Black Market Peso Exchange continues to be highly active. Join a panel of experts as they walk you through these complex processes and discuss ways to identify and mitigate the risks to your organization.
Michael R. McDonald, CAMS
Principal
Michael McDonald and AssociatesBrian J. Stoeckert, CAMS
Vice President
Enterprise Compliance, Deputy Bank Secrecy Act Officer, OneWest Bank, FSB
In this session, representatives from the Treasury Department’s Office of Foreign Assets Control will update you on the latest initiatives by OFAC, clear doubts about reporting requirements and blocked assets, and discuss about the latest trends in enforcement. Participants will then have the opportunity to ask live questions regarding OFAC compliance and engage in a discussion with the panel.
* This session is closed to all members of the press.Moderator:
Hank Grant
Executive Vice President, Chief Operating Officer
SightspanSpeakers:
Lorraine B. Lawlor
Chief, Compliance Outreach, Office of Foreign Assets Control
U.S. Department of the TreasuryAlexandre Manfull
Chief, Compliance Implementation,
U.S. Department of the TreasuryJonathan Thomas
Senior Compliance Review Coordinator
Office of Foreign Assets Control, U.S. Department of the Treasury
ROUNDTABLE
Effectively Determining Beneficial Owners of Corporate Accounts
(See Main Conference Day One for session description)
Moderator pending confirmation. Check back for updates.
ROUNDTABLE
Preparing for Changes to SWIFT Messaging Standards
(See Main Conference Day One for session description.)
Moderator:
Richard A. Small
Vice President, Enterprise-Wide and Sanctions Risk Management
American Express
ROUNDTABLE
Focus on Securities: Achieving Effective Customer Due Diligence
(See Main Conference Day One for session description.)
Moderators:
Katherine M. Sikora Nelson
Global Compliance - Anti-Money Laundering; Chair Broker-Dealer AML Oversight Committee
The Bank of New York MellonHolly D. Lias, CAMS
AML Officer
TD Ameritrade
ROUNDTABLE
Conducting Effective Internal Audits and Independent Reviews
(See Main Conference Day One for session description.)
Moderator:
Debra L. Bonosconi, CAMS
Senior Vice President of AML Compliance
HSBC Bank USA
