Strengthening the Second Line of AML Defense with a Continuous Assurance Approach
Oct 4, 2018 2:45pm ‐ Oct 4, 2018 4:00pm
Identification: THU35
• Defining continuous assurance to identify unique role in identifying control deficiencies and bridging gaps between operations and compliance
• Building an efficient continuous assurance program by creating methodologies for both monthly and deep dive reviews and acquiring require subject matter expertise talent
• Utilizing continuous assurance results to optimize benefits including ensuring controls meet regulatory standards and expectations of internal audit and/or examiners
Moderator(s):
- Marilú Jiménez, Esq., CAMS, Founder and President, Financial Intelligence Network & Compliance Advisors (FINCAdvisors)
Speaker(s):
- Lindsay M. Dastrup, CAMS-Audit, CAMS-FCI, Vice President, Audit Leader, American Express
- Lisa Grigg, CAMS, Chief Enterprise Financial Crimes Compliance Executive, US Bank
- Crystal Joyce, CAMS, Director, FCC Assurance Americas, Standard Chartered Bank
- Alexandra Rosi, Manager, Financial Crimes Compliance Audit, Capital One
Typologies of Death: How AML Can Help Fight the Fentanyl Epidemic
Oct 4, 2018 2:45pm ‐ Oct 4, 2018 4:00pm
Identification: THU36
• Tracing transaction patterns indicating potential fentanyl smuggling such as structured deposits via global payment processors or cryptocurrency exchanges
• Monitoring clients for red flags of fentanyl proceeds laundering such as unusually large payroll deposits and high volume among personal accounts at multiple institutions
• Reviewing cases such as HSI’s Operation Denial to detail AML practices to aid detection and reporting of darknet market and illicit peer to peer exchanger transactions
Moderator(s):
- Steve Gurdak, CAMS, Group Supervisor, Northern Virginia Financial Initiative, Washington/Baltimore HIDTA
Speaker(s):
- Derek N. Benner, Deputy Executive Associate Director (EAD) and Senior Official Performing the Duties of the EAD, Homeland Security Investigations
- Brendan Brothers, Co-founder, Anti-Financial Crime Expert, Verafin
- James A. Dinkins, President, Thomson Reuters Special Services LLC
- Christine Duhaime, CAMS, Lawyer, Barrister and Solicitor, Duhaime Law
Putting the ML in AML: Transforming Transaction Monitoring with AI and Robotics
Oct 4, 2018 2:45pm ‐ Oct 4, 2018 4:00pm
Identification: THU37
Presented by NICE Actimize
• Learn how AI with machine learning and automation reduces false positives
• Ways to reduce investigation time
• Leveraging managed analytics in the cloud
• Impacts to model risk management
Moderator(s):
Speaker(s):
- Devesh Desai, Principal, Financial Crime Unit, PwC
- Ted Sausen, CAMS, Subject Matter Expert, AML Line of Business, NICE Actimize
Unknown Sanctions Exposure: OFAC's 50% Rule - the Achilles Heel of Sanctions Programs
Oct 4, 2018 2:45pm ‐ Oct 4, 2018 4:00pm
Identification: THU38
Presented by Bureau van Dijk
• Reviewing different ways to identify 50% owned subsidiaries of sanctioned individuals and entities via direct, indirect or aggregation ownership
• Examining how globalization and the 50% rule have created unknown sanction exposure in traditional sanctions programs
• Discovering the implications of more than 200,000 daily corporate ownership changes for complying with the OFAC 50% Rule and how to deal with the challenges of change
Speaker(s):
- Anders A. Rodenberg, Head of Financial Institutions and Advisory in North America, Bureau van Dijk a Moody's Analytics Company
Opening Remarks and ACAMS and Thomson Reuters Joint Survey
Oct 5, 2018 7:45am ‐ Oct 5, 2018 8:00am
Identification: FRI01
Speaker(s):
- Steve Kraus, Director, Corporate Strategic Accounts, Thomson Reuters
Special Presentation and Q&A: Southwest Border Anti-Money Laundering Alliance
Oct 5, 2018 8:00am ‐ Oct 5, 2018 8:40am
Identification: FRI02
Southwest Border Anti-Money Laundering Alliance
Moderator(s):
- Kieran Beer, CAMS, Chief Analyst, Director of Editorial Content, ACAMS
Speaker(s):
- Benjamin Baker, Special Investigations Director, New Mexico Office of the Attorney General
- Rich Lebel, Director , Transaction Record Analysis Center
Good Intel on Fighting Fraud: Applying US Intelligence Community Methodologies to Strengthen FRAML
Oct 5, 2018 8:40am ‐ Oct 5, 2018 9:50am
Identification: FRI03
• Detailing USIC intelligence-gathering methods to enhance fraud investigation expertise
• Utilizing USIC analysis techniques to optimize intelligence value of existing FRAML data
• Developing an intelligence program that integrates USIC processes to reduce false positive and strengthen SAR quality
Moderator(s):
- Dennis M. Lormel, CAMS, President and Chief Executive Officer, DML Associates
Speaker(s):
- William E. Dayhoff, CAMS, CFE, MBA, Chief Fraud Officer, VP AML Risk Intelligence, Ameris Bank
- Brian Filbert, Executive Director, Global Head, Financial Intelligence Unit, JPMorgan Chase & Co.
- Greg A. Ruppert, CAMS, Executive Vice President, FINRA
Ace that Exam: Best Practices to Prepare for a Regulatory Exam
Oct 5, 2018 10:20am ‐ Oct 5, 2018 11:30am
Identification: FRI04
This fast-paced and informative session is for anyone who has ever experienced anxiety, or lost sleep, over an upcoming BSA/AML examination. The expert panelists will provide specific details on topics such as conducting a pre-exam risk assessment, presenting formal remediation plans to examiners, or updating your BSA program policy to ensure it incorporates the latest standards. It’s a vitally important and can’t-miss session, brimming with practical advice from AML veterans who, when it comes to exams, have been there, done that – and will show you how to do it better.
• Documenting updated training tailored for specific lines of business, and preparing LOB leaders to discuss management commitment to first line of defense
• Validating internal controls for issues such as high-risk client monitoring to affirm second line of defense strength and self-disclosing identified gaps and resolution plans
• Substantiating activities of internal audit to confirm empowered third line of defense and demonstrate enterprise-wide culture of compliance
Moderator(s):
- Kieran Beer, CAMS, Chief Analyst, Director of Editorial Content, ACAMS
Speaker(s):
- Jason A. Frantz, CAMS, Senior RCA Manager - AML, US Bank
- Sarah Green, Global Head of Financial Crimes, The Vanguard Group
- Kimani Rogers, CAMS, Executive Director – Global KYC Audit Manager, JPMorgan Chase & Co.
- Chuck Taylor, CAMS, Executive Vice President, Head of Financial Crimes Advisory, AML RightSource
Closing Remarks
Oct 5, 2018 11:30am ‐ Oct 5, 2018 11:35am
Identification: FRI05
Speaker(s):
- Kieran Beer, CAMS, Chief Analyst, Director of Editorial Content, ACAMS