Understanding SEC Guidance and FINRA Exam Priorities for BSA Compliance

Mar 17, 2015 12:30pm ‐ Mar 17, 2015 1:45pm

Identification: SEC2

  • Enhancing monitoring systems to spot red flags in microcap trading, investment fraud and market manipulation
  • Complying with DVP/RVP account requirements to hinder money laundering through penny stocks
  • Clarifying the responsibilities of executing brokers and prime brokers when liquidating large sums of low-priced securities

Get a Clearer Picture of Risk, Relationships and Identities Throughout the Customer Lifecycle

Mar 17, 2015 12:30pm ‐ Mar 17, 2015 1:45pm

Identification: IBM1

As the financial services business changes there is a continued escalation of regulatory expectations, driving the frequency and volume of regulatory fines and actions.  Sophisticated crime groups, which are both well funded and leveraging advanced technology, are spurring the increased appetite to share financial crime data.  In addition, governments across the globe have opened the door to greater sharing of financial crime data (FATCA) that could lead to even greater information sharing in the near future; Cyber crime, AML and possibly Fraud data.

These AML challenges drive the need for further investments in people, technology and innovation.  The essence of the future must incorporate a firmer grasp of who are you doing business with and KYCC compliance pressures.  By tapping into the power of both context and predictive analytics institutions will be able to more effectively meet the compliance risk challenge.

Modern Investigative Techniques

Mar 17, 2015 1:55pm ‐ Mar 17, 2015 3:10pm

Identification: EY1

The session will address the trends in conducting AML investigations and due diligence. The discussion will be focused on techniques that can promote consistency and be utilized for efficiency. Attendees will gain insights into conducting investigations pursuant to transaction monitoring and investigative due diligence.

Optimizing Your Internal Audit Function

Mar 17, 2015 1:55pm ‐ Mar 17, 2015 3:10pm

Identification: AUD2

  • Implementing advanced testing techniques to provide clearer insight to enterprise-wide vulnerabilities
  • Developing a self-assessment program to identify function gaps
  • Establishing clear guidelines for reporting findings to the board of directors

Individual Accountability: Cultivating a Genuine Culture of Compliance

Mar 17, 2015 1:55pm ‐ Mar 17, 2015 3:10pm

Identification: CS5

  • Utilizing FinCEN’s culture of compliance advisory and several enforcement actions to set organizational priorities
  • Educating your board of directors on the impact of non-compliance
  • Ensuring compliance policies are executed throughout your institution

Exposing the Link between Funnel Accounts and Trade-Based Money Laundering

Mar 17, 2015 1:55pm ‐ Mar 17, 2015 3:10pm

Identification: H5

Criminal organizations never stop inventing methods to launder illicit proceeds through the financial system. True to form, in recent months FinCEN and other law enforcement agencies have warned about the link between funnel accounts and trade based money laundering by criminal groups in Mexico. Join this intensive discussion to learn the latest methods used by transnational organized crime to evade detection -- and the red flags that indicate your institution is being used to facilitate such criminal practices.

FATF and the AML Professional: Practical Considerations

Mar 17, 2015 1:55pm ‐ Mar 17, 2015 3:10pm

Identification: GI5

  • Assessing the impact of FATF typologies, reports and recommendations on the financial sector
  • Successfully engaging the private sector in the FATF process• Recognizing when changes to policies and procedures may be warranted by FATF announcements and publications
  • Understanding how to leverage the FATF's mutual evaluations, recommendations and other reports in reevaluating AML priorities

Reinforcing AML Priorities Across Your Institution

Mar 17, 2015 1:55pm ‐ Mar 17, 2015 3:10pm

Identification: LAT2

  • Documenting the responsibilities of staff members to strengthen all lines of defense
  • Fostering financial crime intelligence among tellers, customer service teams and business service analysts to quickly detect risky client activity
  • Addressing gaps in AML controls by adjusting the frequency of employee AML training

The Evolution to Know Your Customer's Customer

Mar 17, 2015 3:40pm ‐ Mar 17, 2015 4:55pm

Identification: RDC1

  • Practical steps to understand the risk of your customers customer
  • Workshop with industry experts, practitioners and utility service providers on their approach
  • Explore alternatives to de-risking

Research Driven Results: Auditing Tips from the Experts

Mar 17, 2015 3:40pm ‐ Mar 17, 2015 4:55pm

Identification: AUD1

After months of extensive research, graduates of the CAMS-Audit Advanced Certification program are ready to present their white paper findings and share innovative techniques for strengthening AML audits. Join a group of audit veterans for their top tips, practical solutions and strategies to help you tackle your most pressing audit challenges.