With rapidly evolving regulations, technology and financial crime methods, anti-money laundering (AML) and financial crime prevention professionals are faced with the challenge of staying abreast of new developments in financial crime, payment methods and money laundering schemes. Join over 2,500 influential anti-financial crime professionals, regulators, law enforcement investigators and government officials at this comprehensive financial crime prevention conference in Las Vegas. During the course of three days, the financial crime prevention community has the opportunity to learn from inspiring subject-matter experts, connect with other industry professionals and gain new insights and practical strategies to help their institutions combat financial crime.
• Comparing differences between traditional audit approaches and those that are data-driven to delineate opportunities for greater operational and review efficiencies
• Developing strategies to transform legacy audit testing methods to analytic control tests in order to determine adequacy of quality controls
• Overcoming practical challenges in developing and implementing data-driven audit functions such as proper analysis and visualization of outputs to optimize value to institutions
• Compiling progress reports in easy-to-read format and creating centralized repository for relevant documents to illustrate fulfillment of order provisions and goals
• Crafting a post-order master plan to sustain compliance reforms going forward with tools such as AML strategic plans, human capital assessments and strengthened risk management
• Teaming with internal audit to formalize post-order audit timetables, enhance oversight in areas such as transaction testing and monitoring and validate culture of compliance
Presented by KPMG
Presented by Oracle
• Discussing strategic approaches and opportunities to partner and leverage investigative and analytics resources to more efficiently and effectively combat financial crime
• Fostering a collaborative environment between key stakeholders to improve information sharing through existing venues such as SARs, 314(a), 314(b) and innovative/non-traditional means.
• Reviewing information sharing initiatives across the world, such as JMLIT in the UK, to better understand the collaborative initiatives under way.
• Outlining how distributed ledger technology (blockchain) works to illustrate its growing role in financial innovation and products such as cryptocurrencies
• Leveraging blockchain analytics to enhance data integrity, elevate accuracy of AML functions such as KYC/CDD and OFAC filtering and promote improved transaction monitoring
• Crafting AML models to mitigate unique risks of crypto currencies and digital exchanges such as illicit funds conversion, Dark Web market and discordant global regulation