Anti-Money Laundering and Financial Crimes Conference
February 26-27, 2013
New York, New York City
Program
Full Program - February 27th | Half Day Workshop - February 26th
7:30-8:15am |
Registration and Continental BreakfastHosted by Safe Banking Systems |
8:15-8:30am |
Welcome Remarks Kenneth E. Bentsen, Jr. Acting President & CEO |
8:30-9:00am
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INTRODUCTION OF KEYNOTE SPEAKERKEYNOTE ADDRESS
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9:00-10:15am |
Panel 1: Recent AML Enforcement ActionsPanelists from the U.S. Department of Justice – Criminal Division, the U.S. Securities and Exchange Commission, the Financial Industry Regulatory Authority (FINRA) and the securities industry analyze key themes and lessons learned from recent AML enforcement actions.
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10:15-10:45am |
Morning Refreshment Break |
10:45-12:15 pm |
Panel 2: 2013 AML "Hot Topics" - The Industry's PerspectiveHear from industry experts on: "FUTURE REALITY OR MYTH?" - Increase in the Globalization of AML standards; "LEVEL PLAYING FIELD" - What does this really mean? Level for whom? Beneficial for everyone or just to a few? What are the effects, or lack thereof, if not done right? Does this mean the erosion of the risk based concept?; "ALL IN THE NET" – Clear expansion from money laundering to drugs, fraud, tax evasion; and " A VERY TIGHT ROPE" – Examination Risk : The different interpretations, applications, standards, "risk intelligence," and the potential consequences for a Financial Institution.
Moderator:
Panelists:
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12:15-1:30pm |
CONFERENCE LUNCHEON:INTRODUCTION OF LUNCHEON KEYNOTE SPEAKERLUNCHEON KEYNOTE ADDRESS
LuncheonHosted by KPMG LLP |
1:45-3:15pm |
Panel 3: AML in 2013: A Dialogue With the Regulators
Moderator:
Panelists:
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3:15-3:45pm |
Afternoon Refreshment Break
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3:45-5:15pm |
Panel 4: Significant Sanctions Enforcement Actions and Other Financial Crime DevelopmentsThis panel will discuss significant enforcement actions involving violations of OFAC and the FCPA, and the lessons learned from those actions for the industry.
Moderator:
Panelists:
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5:15pm |
Conference Adjourns |
Jennifer Shasky Calvery
Tim O'Neal Lorah
Sarah Green
Eric Kringel
Jaikumar Ramaswamy
Jeffrey Weiss
Renata Santos
Elizabeth Paige Baumann
Michelle Neufeld
Adam Szubin
Mike Rufino
Betty Santangelo
Lorraine Lawlor
SIFMA AML and Financial Crimes Conference Half-Day Workshops - February 26
Tracks: A and B
The SIFMA AML and Financial Crimes Conference Half-Day Pre-Conference Workshops are designed for BSA compliance officers, auditors, analysts and investigators, risk managers, AML consultants, individuals who are new to AML compliance, as well as experienced AML officers, directors and AML Program auditors who are looking to enhance their knowledge in order to advance within their institutions and better execute their daily responsibilities. Track A is designed for those persons who are looking for a basic course or a refresher course on the basic AML requirements. Track B addresses some of the more complex issues in the AML space. |
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1:00 - 2:15 pm |
TRACK A: TAKING A "FRESH LOOK" AT AML COMPLIANCETRACK A Facilitator: Jeffrey Weiss, Knight Capital Group
WORKSHOP 1 – AML Program: The Four Pillars and Beyond This workshop will address Section 352 of the USA Patriot Act and the requirements of an AML Program. In particular, the workshop will discuss the four core components of an AML program: (1) the development of internal policies, procedures & controls; (2) designation of a compliance officer; (3) an ongoing employee training program; and (4) an independent audit function to test program. The workshop will delve into, for example, the delivery of targeted training and the use of enforcement actions to update policies and procedures. Moderator:
Executive Director, Global AML Compliance
Panelists:
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2:30 – 3:45pm |
WORKSHOP 2 – How to Build Your AML/Sanctions Risk Assessment and Related CDD and EDD ProcessesModerator:
Panelists:
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3:45 – 4:00pm |
Refreshment Break |
4:00 – 5:15 pm |
WORKSHOP 3 – Suspicious Activity Primer: Monitoring and Follow-up, Inquiries, Investigations and SAR ReportingThis workshop will take a fresh look at the Suspicious Activity Report (SAR) filing process from monitoring activity and responding to internal and external inquiries as well as referrals of suspicious situations through the investigation process. Explore what actions to take after filing a SAR: developing metrics and trending, distributing risk information across your organization, and looking at the transition from the legacy SAR form to the new, check-box based form. Conclude with a discussion of current concerns including elder financial exploitation and managing cross-border AML functions.
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1:00 - 2:15 pm |
TRACK B: THE FUTURE OF AML: CONFRONTING COMPLIANCE HEAD-ON
WORKSHOP 1 –Increased AML Scope and Liability While Surviving Examinations
This workshop will focus on regulatory examinations. The panel will discuss current areas of emphasis in AML examinations from FINRA and bank regulators. The panel also will describe how AML issues are no longer limited solely to AML exams - regulators now include AML issues in exams for Operations, Fraud, Sales Practices, IT and other disciplines.
Panelists:
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2:30 - 3:45pm |
WORKSHOP 2 –Traveling the World of Sanctioned Countries & Other High Risk JurisdictionsModerator:
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3:45 - 4:00pm |
Refreshment Break |
4:00 - 5:15 pm |
WORKSHOP 3 – To SAR or Not to SAR: That is The QuestionThis workshop will discuss the challenges of determining when activity is suspicious from both a public policy and practical sense. In addition we will explore a case currently before the Supreme Court looking at the issue of whether a financial institution has unqualified immunity in filing SARs.
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Tara Loftus 
April Sinicrope
Meg Zucker
Christopher Cuzzucoli
Milena Reyes
Linda Busby
Michael Wassell
Alan Williamson
John Davidson
Timothy Friedman
Lynne Johnston
Steve Shine
Katherine M. Sikora
Mike McNally
