Description
• Reviewing Patriot Act’s Section 312 to develop due diligence programs that are appropriate, specific, risk-based and designed to detect proceeds of foreign corruption
• Customizing assessments to reflect unique respondent bank risks such as domicile and business profile to ensure controls support correspondent bank risk appetite standards
• Delineating compliance and business side incentives to harmonize oversight in areas such as staff training, alert governance and conflict resolution involving respondent accounts
Moderator(s):
Speaker(s):
- Michael
Greenman,
Senior Vice President, Chief Counsel, AML and Economic Sanctions Law,
U.S. Bank
- Patrick
J. McArdle,
CAMS,
Managing Director,
Navigant
- Michael
S. Schidlow,
CAMS-Audit,
Expert Consultant in Financial Crime Compliance
- Edward
Silva,
CAMS,
Vice President, Head of Financial Crimes Unit,
Federal Reserve Bank of New York
