Preparing Smaller Institutions for the Inclusion Movement

Sep 29, 2015 12:30pm ‐ Sep 29, 2015 1:45pm

Identification: MIT8

• Identifying links between financial inclusion, de-risking and money laundering
• Implementing cost-effective solutions that balance institutional risk appetite with financial inclusion goals
• Detailing the impact of de-risking on international trade flows through the termination of correspondent banking relationships 

Adopting Clear-cut Methods to Enhance Investigations Oversight

Sep 29, 2015 12:30pm ‐ Sep 29, 2015 1:45pm

Identification: IT1

• Identifying and eliminating institutional obstacles to effective fraud monitoring, including inadequate communication and poor systems integration
• Tailoring alert monitoring systems to track distinct institutional concerns such as region- or industry-specific risks
• Escalating alerts into investigations, SAR filing and providing supporting documentation

Uncovering the Link between Terrorist Financing and Virtual Currencies

Sep 29, 2015 12:30pm ‐ Sep 29, 2015 1:45pm

Identification: ET3

• Examining new technologies deployed by extremist groups to infiltrate financial institutions
• Learning the latest technology-based money laundering methods used to sponsor illegal activities
• Discussing the rising use of email-based terrorist financing networks to circumvent CTF programs

Examining Recent Enforcement Actions for Critical Lessons

Sep 29, 2015 2:15pm ‐ Sep 29, 2015 3:30pm

Identification: CS6

• Learning from enforcement actions involving sanction violations related to Cuba, Iran, Sudan and Myanmar
• Maintaining a risk-based approach to sanctions management that aligns with regulatory expectations 
• Incorporating common themes from recent penalties into your institution’s compliance training

Using Data Analytics to Fine-Tune Your AML Audit

Sep 29, 2015 2:15pm ‐ Sep 29, 2015 3:30pm

Identification: AF2

• Utilizing data analytics and code review to assess design and effectiveness of transaction monitoring systems
• Auditing matching components of KYC/CIP networks to improve data quality and conformity
• Understanding and testing automated considerations of OFAC and sanctions screening systems to assure data integrity 

Strengthening Your Sanctions Compliance Program

Sep 29, 2015 2:15pm ‐ Sep 29, 2015 3:30pm

Identification: AT2

• Developing robust policies that adapts to changes in sanction rules and ensure your institution’s commitment to compliance
• Creating institutional risk profile metrics that demonstrate appropriate KYC procedures
• Instituting a robust enterprise-wide sanctions awareness program

The 314(b) Dilemma: Are Those Suspicious Funds Money Laundering, Terrorist Financing or Criminal Proceeds from SUAs? (Presented by Verafin)

Sep 29, 2015 2:15pm ‐ Sep 29, 2015 3:30pm

Identification: SE10

• Learning through real-life cases how proceeds from bank fraud, credit card “bust-outs” and other crimes can fund terrorism
• Removing the confusion and creating clarity for your investigative team on what information can be shared via 314(b), when, and how
• Best practices to discover collaborative insights through joint FI investigations and collective financial intelligence
 

Virtual Currency Best Practices for MSBs and Non-Depository Institutions (Presented by Phoenix Chapter)

Sep 29, 2015 2:15pm ‐ Sep 29, 2015 3:30pm

Identification: CI4

• Reviewing recent cases and key virtual currency risks for MSBs to avoid fraud and other pitfalls
• Evaluating successful virtual currency management strategies to identify best practices for your organization
• Satisfying expectations of law enforcement, primary regulators and financial institutions to assure productive oversight relationships

Managing Money Laundering Risks at Small-to-Midsized Institutions

Sep 29, 2015 2:15pm ‐ Sep 29, 2015 3:30pm

Identification: MIT9

• Improving operational efficiency by integrating a robust risk assessment methodology across the enterprise
• Preparing your BSA AML program to adapt to changes in technology and banking regulation 
• Analyzing real-life cases to emulate best practices for system maintenance and upgrades

Research and Findings: CAMS-FCI White Papers

Sep 29, 2015 2:15pm ‐ Sep 29, 2015 3:30pm

Identification: IT2

Investigations are a vital component of robust AML programs, and recipients of the CAMS-Financial Crimes Investigations Certification produce white papers that literally create new knowledge in this all-important field. Join CAMS-FCI alumni as they present their white papers, sharing cutting-edge analysis and practical applications that are sure to benefit your institution.