Balancing Customer Risk Management with Your Institution's Risk Appetite

Mar 16, 2015 12:30pm ‐ Mar 16, 2015 1:45pm

Identification: RM1

  • Developing smart criteria for customer risk ranking and establishing a protocol for categorizing and managing clients
  • Establishing a customer review process that addresses changes in client activity and the need for ongoing due diligence
  • Creating the infrastructure to support ongoing customer risk management

Financial Crime 2020: How the Changing Financial Services Industry Will Require More Strategic Approaches to Know Your Customer

Mar 16, 2015 1:55pm ‐ Mar 16, 2015 3:10pm

Identification: PWC1


Addressing the Challenges of Banking Virtual Currencies

Mar 16, 2015 1:55pm ‐ Mar 16, 2015 3:10pm

Identification: CS2

  • Evaluating recent efforts to regulate virtual currency, including New York’s BitLicense proposal
  • Examining the implications of dark wallets, dark markets and other anonymizing technologies
  • Enhancing screening and monitoring programs to address widespread cryptocurrency retail usage

Cyber Warfare: How Attacks on Financial Institutions are Creating a New Realm of Lawlessness

Mar 16, 2015 1:55pm ‐ Mar 16, 2015 3:10pm

Identification: H2

As the world’s financial data shifts into cyberspace, digital attacks on Fortune 500 companies have become increasingly commonplace. From individuals infiltrating institutions to data theft aimed at some of the world’s largest governments, cyber warfare and its perpetrators are evolving at an alarming pace. This session examines the rise of complex cybercrimes and what can be done to protect our information and infrastructure from real and imminent threats.

Implementing New Methods for Labeling Client Risk Levels

Mar 16, 2015 1:55pm ‐ Mar 16, 2015 3:10pm

Identification: GI2

  • Developing transaction-based client profiles to flag unusual activity
  • Considering geography and product investments when determining client risk levels
  • Determining frequency and extent of ongoing client profile reviews to ensure accurate risk categorization

Emerging Threat: Exploitation of the Financial System by Corporate Service Providers

Mar 16, 2015 1:55pm ‐ Mar 16, 2015 3:10pm

Identification: LE2

  • Uncovering shell companies and falsified statements by facilitators
  • Implementing a more refined alert system to spot suspicious transactions
  • Applying the latest investigation techniques to identify your customer’s customer

Emerging Trends in the KYC space; A Look into Today's Issues and Tomorrow's Solutions

Mar 16, 2015 3:40pm ‐ Mar 16, 2015 4:55pm

Identification: SWIFT1

  • What are the main issues for banks with KYC compliance?
  • What are the big industry trends?
  • What are the biggest challenges for global banks? Is it the geographical differences in each of the markets they operate in?

Managing Ongoing Correspondent Banking Risks

Mar 16, 2015 3:40pm ‐ Mar 16, 2015 4:55pm

Identification: CS3

  • Enhancing your institution’s monitoring to better identify sanctioned transactions at affiliate institutions
  • Working through the challenges posed by restricted data sharing rules among institutions
  • Developing an action plan for identifying and exiting problematic correspondent relationships

The Cost of De-risking: Facing the Potential Legal and Regulatory Backlash

Mar 16, 2015 3:40pm ‐ Mar 16, 2015 4:55pm

Identification: H3

In an effort to avoid the scrutiny of regulators and law enforcement many financial institutions are dumping high-risk clients. Rather than endorse these efforts, however, some regulatory agencies are now questioning whether institutions have gone too far. Be in the room as risk management specialists delve into the ramifications of de-risking, including the public sentiment towards banks, and discuss best practices for managing risk.

A New Era of Human Trafficking: Tackling Global Criminal Networks

Mar 16, 2015 3:40pm ‐ Mar 16, 2015 4:55pm

Identification: GI3

  • Identifying the transaction patterns commonly linked to human trafficking
  • Forging partnerships with law enforcement to share critical information
  • Understanding the financial models used by international criminal organizations