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Registration pricing options for conference only
ACAMS Members
$1,445
Non-Members
$1,645
Government ACAMS Members
$995
Government Non-Members
$1,130
To ensure your organization makes the most of multiple concurrent sessions and valuable networking opportunities, ACAMS is pleased to offer discounts for groups of 3 or more. Please call +1.305.373.0020 for details.
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Monday | Tuesday |
Wednesday
Conference Program - Tuesday, September 21
8:00AM – 5:30PM
Registration and Exhibit Hall Open
8:00AM – 9:00AM
Networking Breakfast in Exhibit Hall
8:00AM – 9:00AM
AML Knowledge Breakfast courtesy of Safe Banking Systems
Please RSVP to Carol Stabile at carol.stabile@safe-banking.com.
Dissecting a $10 Million Dollar Fraud…Pennies at a Time
Using interactive data visualization, SBS takes you through a recent Federal Trade Commission case and shows you how offshore fraudsters used virtual companies and U.S. “money mules” for over 4 years to steal millions of dollars from U.S. consumers. Learn how these scammers found loopholes in the credit card processing system that allowed them to run more than a million phony credit card transactions through legitimate credit card processing companies and banks. See how analysts can uncover non-obvious relationships and easily combine disparate data sources using multi-dimensional and advanced link analysis to find hidden risk and facilitate entity resolution.
Mark Schiffer, Chief Scientist, Safe Banking Systems
9:00AM – 10:15AM
Plenary Session
Identifying Terrorist Financing Red Flags and Emerging Trends
In a world where terrorist financing is a constant threat and nearly impossible to detect, you must ask yourself: how can you prevent such activities within your organization? What are the tell-tale signs that transactions are helping terrorists plan their next major attack? Learn the latest tactics used by terrorists and discover how they utilize any means available to make sure their funds reach their final destination. Hear this expert panel analyze real-life examples of the most recent terrorist financing cases and understand how you can effectively prevent your organization from becoming a conduit for illicit funds.
Moderator
Richard A. Small, Vice President, Enterprise-Wide Anti-Money Laundering and Sanctions Risk Management, American Express
Panel
Lester Joseph, International Investigations Manager, Wells Fargo
Dennis M. Lormel, Founder and President, DML Associates
R. Scott Broshears, Acting Assistant Section Chief, Terrorist Financing Operations Section, Counterterrorism Division, Federal Bureau of Investigation
Grahame White, Terrorist Financing Investigator, New Scotland Yard
10:15AM – 10:55AM
Networking and Refreshment Break in Exhibit Hall
10:55AM – 12:10PM
Concurrent Sessions
FFIEC BSA/AML Examination Manual: Revisions for 2010 and Takeaways for the International Community
This session dissects recent updates to the FFIEC BSA/AML manual and their impact on your AML program. The latest revisions affect such items as bulk cash smuggling, recommendations on STR reporting and best practices for financial institutions when receiving law enforcement data requests. Attend this session to discover whether radical updates your AML/CTF controls are required, and take away practical tips for implementing vital changes to your compliance program. For those not directly affected by the FFIEC manual, this session provides valuable information which can be utilized as a guide to supplement your jurisdiction’s laws and regulations.
Moderator
John Byrne, CAMS, Executive Vice President, Association of Certified Anti-Money Laundering Specialists
Panel
Susan Galli, CAMS, Chief Risk Management Officer, Pacific National Bank
Daniel Soto, CAMS, Executive Compliance Director and Bank Secrecy Act Officer, Ally Financial
Suzanne Williams, Manager, Compliance Section, Bank Supervision and Regulation, Board of Governors of the Federal Reserve System
Fraud Intensive: Identifying Red Flags and Suspicious Activities
As a compliance professional your task is to stay one step ahead of the latest fraudulent schemes. To do so, your team must sift through countless transactions just to identify the few that suggest the existence of fraud. With new financial services constantly being introduced the burden falls on your shoulders to monitor and prevent illicit activities. Join a group of your peers for this candid exchange and learn what your counterparts are doing to monitor fraud schemes, identify suspicious activities and prevent financial crime from taking hold in your own organization.
Dennis M. Lormel, Founder and President, DML Associates
S. Marshall Martin, Co-General Counsel and Chief Compliance Officer, City National Bank of Florida
Creating a Multi-Use Data Sharing Process between AML and Fraud Departments
With the increase complexity in transactions relating to fraud and money laundering - it is imperative to understand the best approach to leverage each department’s unique and valuable data. AML departments may be strictly tasked with overseeing compliance with regulatory requirements; while the duties of an anti-fraud department may be more general and encompass internal and external fraud risks. Information obtained by these two departments can be shared and compared to help the organization fight financial crimes, and still keep the departments as two separate entities. Join this discussion group and learn just how these two critical departments can increase their efficiencies by creating a mutually beneficial relationship. Share your successes and learn from your peers as to their approaches to leveraging information.
Thomas Lickiss, CAMS, Senior Vice President and Director of the Financial Intelligence Unit, Wells Fargo
William Ward, CAMS, Senior Vice President and Director, Enterprise Business Security and Intelligence, Union Bank
The Unlawful Internet Gambling Enforcement Act: Evaluating the Impact on Financial Institutions
The UIGEA has been signed into law since 2006; however, compliance does not become mandatory for financial institutions until the middle of 2010, thanks to the extensions petitioned by many poker organizations. This discussion covers the crucial points of this regulation that affect your AML program, and helps demystify the definition of “unlawful internet gambling.” Don’t miss this opportunity to learn how the UIGEA impacts how you conduct business with online gambling and poker sites, understand what is required from banking institutions, and discover the proper due diligence that must be conducted with commercial customers to ensure compliance.
Hank Grant, Independent Consultant
Focus on Securities: Optimizing Know Your Customer and Enhanced Due Diligence Controls
Know Your Customer (KYC) and Enhance Due Diligence (EDD) controls are a must for every financial institution; for securities firms, these practices must be streamlined and in perfect order if they’re to survive the intense scrutiny of regulators and law enforcement. Led by a securities industry veteran, this discussion group provides tools to improve your customer onboarding processes, enhance your detection of suspicious activity and help you leverage information gathered elsewhere in your organization to supplement client data.
Jeff Horowitz, Director and Chief AML and OFAC Officer, Pershing
Practical Solutions to Asia Pacific AML Challenges
This discussion group provides a regulatory update on the Asia Pacific region, and covers the most common challenges financial institutions face when doing business in this area: complying with multi-jurisdictional laws and regulations, navigating local definitions of PEPs and maintaining a sound sanctions management program. Led by an expert moderator and surrounded by a group of your peers, this informal discussion provides practical solutions to mitigate compliance risks and pinpoints techniques you can easily implement to optimize your AML practices.
Hue Dang, CAMS, Head of Asia Pacific, Association of Certified Anti-Money Laundering Specialists
AML Knowledge Networking
Making Cost Effective AML Training a Sure Bet
Learn proven approaches to maximizing AML training effectiveness from session leaders and your peers. Through discussion groups and best practice-sharing sessions, you will explore how other AML professionals resolve training challenges. You'll learn how to use their knowledge and experience to benefit your own AML initiatives. A must for small financial organizations and MSBs, this session starts by assuming a limited budget and scant resources. Participants will move beyond traditional training concepts to ensure a thorough understanding of AML policies and procedures. The session will also tackle the age-old problem of getting organization-wide buy-in by creating and implementing digital age approaches to AML training and communications. The discussion will be guided by two experienced AML communication specialists who collaborated to produce multiple award-winning training programs.
Moderators
Edwin Beemer, Principal, CorpComm Solutions
Deborah L. Hitzeroth, CAMS, USPS BSA Compliance Officer, U.S. Postal Service
12:10PM – 1:25PM
AML Knowledge Luncheon courtesy of Oracle Financial Services
Please RSVP to Deb Cannon at Deborah.cannon@oracle.com
1:25PM – 2:40PM
Concurrent Sessions
Developing a Robust and Compliant AML Program for Small and Mid-Size Financial Institutions
Regardless of the size of a financial institution it is imperative that a comprehensive AML program is in place to ensure adherence to current laws and regulatory requirements. However, due to the structure and resources available to small and mid-size institutions, a unique approach must be adopted to optimize AML controls using reduced staff and budget. Join this discussion to learn how to streamline your current processes and rely on cross-functional resources to strengthen your AML program.
Deborah L. Hitzeroth, CAMS, Bank Secrecy Act/Anti-money Laundering Specialist, U.S. Postal Service
S. Marshall Martin, Co-General Counsel and Chief Compliance Officer, City National Bank of Florida
Salvatore Scotto, CAMS , Senior Compliance Officer, U.S. Department of the Treasury, Office of Foreign Assets Control
William Voorhees, CAMS, C.F.E., BSA/AML & e-Fraud Investigation Division Manager, OFAC Officer, SVB Financial Group
A Practical AML Guide to Mergers and Acquisitions
As businesses expand and acquire entirely new organizations domestically and internationally, your AML department must have the ability to flawlessly integrate new processes and quickly update its controls. Does your organization know how to conduct the due diligence that must be executed during a merger or acquisition? Does your department know how to perform the proper risk assessments prior to acquiring an institution? Is your staff up to date with the new regulations that will apply after the changes in operation? Learn from the experience and lessons of organizations that have gone through this process and hear crucial techniques to help you avoid potential pitfalls during this challenging time.
Elizabeth A. Slim, CAMS, Senior Vice President, Director of Operations, Grandpoint Bank
Brian J. Stoeckert, CAMS, Vice President, Enterprise Compliance Deputy Bank Secrecy Act Officer, OneWest Bank
Maintaining an Efficient AML Department with Limited Resources
While the economy is showing small signs of improvements, companies are still hesitant to spend and allocate budgets across the board. With prolonged hiring freezes and the lack of funding to expand or improve AML/CTF trainings and departments, the AML professional must adjust and create effective training programs with the resources at hand, while maintaining adequate controls that meet regulatory standards. This session aims to shed light at creative ways to ensure your organization’s controls and departmental competencies are not adversely affected by the fiscal constrains.
David Caruso, Chief Executive Officer, Dominion Advisory Group
Karim Rajwani, Vice-President and Chief Anti-Money Laundering Officer, RBC Financial Group
What is your organization funding? Analyzing Case Studies of Organized Crime
Organizations with deficient AML/CTF programs are used as a vehicle to aid illicit activity and fund terrorist cells around the world. This session is designed to look into a variety of criminal organizations which are currently benefiting from such weak anti-money laundering controls. Learn the techniques being used by terrorist cells, drug cartels and human trafficking groups to fund their activities and avoid leaving suspicious trails. Learn to identify the real-life methods and preferred jurisdictions being used by these organizations, and understand regulators’ growing concerns about creating adequate preventative requirements for financial institutions.
David Chenkin, Esq., Partner, Zeichner Ellman & Krause
Dennis M. Lormel, Founder and President, DML Associates
Focus on Insurance: Managing Regulatory Expectations to Achieve AML Program Optimization
The increased stringent regulations on financial institutions have forced criminals to look at other industries capable of facilitating their money laundering activities as a means to process illicit transactions. One of these industries is the Insurance Industry. As a result, regulations have been enacted for insurers to create a robust AML program to protect their clients and reputation - but what is really required under AML regulations for insurance companies? Who is required to comply under such regulations and how robust do their AML programs need to be? Join this discussion group tailored specifically for individuals in the insurance industry to learn how you can have a program in place that fully adheres to regulatory requirements, while not imposing an unneeded burden on the company. Learn and discuss what products offered by insurance companies are triggers to regulatory requirements, and what level of due diligence is needed. Learn how to create an AML program that denies criminals the use of your products as a means to launder their money.
Brian L. Ferrell, Assistant Vice President, Assistant General Counsel AML/OFAC/FCPA Compliance, The Hartford Financial Services Group
Brian L. Mannion, Lead Counsel, Office of the Chief Legal and Governance Officer, Nationwide Mutual Insurance Company
Practical Solutions to Latin American AML Challenges
Included in the recent FATF “blacklist” are a few countries in Latin America cited for deficiencies in their anti-money laundering regimes. When conducting business in Latin America, have you fully outlined the risks affecting your organization? Are you AML controls sufficiently robust to combat money laundering across multiple jurisdictions? Join this eye opening discussion to understand the current initiatives by regional governments to improve their AML legislation and mitigate associated risks.
Gonzalo Vila, Director of Latin America Operations, Association of Certified Anti-Money Laundering Specialists
2:40PM – 3:20PM
Networking and Refreshment Break in Exhibit Hall
3:20PM – 4:35PM
Concurrent Sessions
Understanding the Impact of Government Lists on Your Sanctions Monitoring Program
Maintaining an effective and updated sanctions monitoring system is one of the most daunting duties AML executives face. Especially when new lists and updates are constantly released by national and international bodies such as the FATF. Added to this, the Financial Crimes Enforcement Network (FinCEN) has advised all financial institutions to take into account the newly named non-cooperative jurisdictions and to ensure business dealings with blacklisted countries are closely watched. Be in the room as this highly anticipated panel of experts examines the impact of sanctions updates on your organization, pinpoints best practices for updating geographical risk assessments and outlines the steps needed to ensure your organization remains compliant.
Edward F. Crowe, Global OFAC Officer, JPMorgan Chase
Salvatore Scotto, CAMS, Senior Compliance Officer, U.S. Department of the Treasury, Office of Foreign Assets Control
Thomas E. Nollner, Resident Advisor, Office of Technical Assistance, US Treasury
Creating Meaningful STRs for Law Enforcement
The process of filing an STR is more than just a matter of completing the required form and answering multiple questions; when done right, an STR can lead to money laundering or another financial crime being detected and stopped. Join this in-depth workshop to learn not just the basics of completing the FinCEN form, but what type of information is needed to help investigators and regulators stop criminal activity. Hear tips on creating a narrative that clearly details the most relevant information, see law enforcement’s wish list of key information to include—and exclude—in your reports and discover what critical data must be in place to facilitate a smooth investigation process.
Moderator
Steven Beattie, CAMS, Principal, Financial Services, Ernst & Young LLP
Panel
Douglas Leff, Chief, Asset Forfeiture and Money Laundering Unit, FBI Headquarters
Duncan Levin, Assistant United States Attorney, Asset Forfeiture Unit, Eastern District of New York
Mortgage Fraud and Schemes: Analyzing Emerging Threats to Protect Your Organization
$8 million has been allocated in the FY2010 federal budget to combat fraud and financial crimes in mortgage funding–underscoring the still volatile environment in this active market. Real estate fraudsters have modified old schemes and developed new ones in order to take advantage of unprepared financial institutions and desperate borrowers. The most effective way to bolster your organization’s underwriting function is to understand the latest schemes and scams such as buy and bail, reverse mortgages, and foreclosure bailouts, as well as older schemes that have been modified to take advantage of current market conditions. Take part in this discussion and learn how fraud schemes are perpetrated and what additional due diligence you need in place in order to spot red flags.
Brian J. Stoeckert, CAMS, Vice President, Enterprise Compliance Deputy Bank Secrecy Act Officer, OneWest Bank
Adopting Proactive Measures to Avoid Reputational Damages to your Organization
With record fines issued recently for AML deficiencies, it’s time to pay close attention to meeting your regulatory requirements. And, in a world of ‘round-the-clock, instant access to information, one piece of bad news about your organization can not only result in monetary loss, but can quickly tarnish your organization’s reputation forever. It is your duty as a compliance and AML officer to have programs and controls in place to protect your organization of being used as a vehicle of money laundering and other financial crimes. Join this critical discussion of the practices and techniques needed in your everyday programs to avoid lapses in controls and to ensure you safeguard one of your organizations most valuable assets, its reputation.
Jani Gode, CAMS, Vice President, BSA/AML Compliance Officer, Meta Payment Systems
Daniel Soto, CAMS, Executive Compliance Director and Bank Secrecy Act Officer, Ally Financial
Focus on MSBs: Creating an AML Program that Fits Your Business Model
One size does not always fit all. Such is the case with the Money Services Businesses and the AML programs that cater to their specific needs. The services provided by MSBs expose these organizations to unique risks not experienced by other types of financial institutions. How can you ensure that your AML program is designed to appropriately meet these needs? Are there gaps in your program? How can your AML controls be revised to maximize resources? Hear your peers weigh in on these and other challenges affecting MSBs and ensure your AML program is perfectly suited to the risks of your unique business model.
Kiren Schulte, Vice President, Anti-Money Laundering Compliance and Government Affairs, MoneyGram International
Jeffrey Sklar, CAMS, Managing Director, SHC Consulting Group
Practical Solutions to European AML Challenges
Following substantial penalties handed down to key European financial institutions like Credit Suisse and UBS, the international compliance community is seeking ways to improve its overall compliance efforts. The Third Money Laundering Directive provides strong guidance, however, some EU countries have been slow in ramping up their controls, burdening early adopters with compensating for deficiencies in outside jurisdictions. Don’t miss this highly interactive discussion to learn the status of current EU AML controls and the steps your peers are taking to manage risk when conducting business in this region.
Markus E. Schulz, Chief Compliance Officer Global Life and Banking, Zurich Insurance Company
4:35PM – 4:45PM
Move to Next Session
4:45PM – 6:00PM
Plenary Session
Developing An Enterprise-Wide Anti-Money Laundering And Anti-Fraud Culture
Creating an AML and anti-fraud culture starts at the executive level and carries itself down to the frontline personnel of your organization’s operations – but how do you create an AML mentality within your organization and across all levels? How can a preventive and watchful approach become second nature to everyone involved in day-to-day operations? An optimum AML compliance program can loose its effectiveness if the persons involved do not understand the reasons behind such programs. When an organization is able to create a culture that is focused on anti-fraud and anti-money laundering, it will provide for a stronger program that automatically mitigates emerging risks. Join this session to learn the different approaches to achieve just that goal. Learn what levels of management need to get involved and to what extent, and how to put AML and anti-fraud at forefront of everyone’s minds.
Moderator
John Byrne, CAMS, Executive Vice President, Association of Certified Anti-Money Laundering Specialists
Panel
William J. Fox, Senior Vice President, Global Anti-Money Laundering and Economic Sanctions Executive, Bank of America
Susan Galli, CAMS, Chief Risk Management Officer, Pacific National Bank
Thomas Lickiss, CAMS, Senior Vice President and Director of the Financial Intelligence Unit, Wells Fargo
6:00PM – 7:00PM
Gala Networking Reception
Untitled Document
The ACAMS 9th Annual conference is packed with practical information including newly revamped and highly interactive sessions led by experts from leading global organizations.
Plenary Sessions
Expert keynote speakers and industry leaders representing agencies worldwide will take center stage to bring you up to speed on the latest regulatory updates, share AML/CTF global best practices and address your principal concerns on emerging challenges. The holistic approach of these sessions will target financial and non-financial institutions, as well as government agencies.
Seminars
These solution-driven and highly-informative sessions, led by panels of globally-recognized AML/CTF experts, will emphasize giving you practical takeaways through the detail analysis of industry case studies, and critical updates on global legislations. You will leave the seminars with vital information to ensure your AML/CTF program exceeds regulatory expectations.
Workshops
Hands-on and practical knowledge are the driving force for this year’s workshops. These sessions will focus on bringing you applicable tools and techniques through real life examples and exercises, easily transferable to your staff and department for immediate improvements.
Discussion Groups
These hybrid sessions will combine information sharing and peer collaboration with an interactive and hands-on learning setting. Join these innovative and intensely educational sessions and gain in-depth knowledge and practical solutions for your most pressing AML/CTF challenges.
