Insurance-& Risk-Linked Securities Conference
SIFMA's Insurance- and Risk-Linked Securities (IRLS) Conference will bring together thought leaders and subject matter experts on Tuesday, April 20…
Join us for SIFMA’s two-day, virtual Anti-Money Laundering & Financial Crimes Conference.
Learn about regulatory and examination priorities for 2021 and lessons learned from enforcement; participate in interactive financial crime case studies; and hear industry perspectives on the latest developments in the AML and financial crime space, including regulatory reform efforts, fraud trends and operational challenges related to COVID-19, human trafficking typologies, and sanctions developments.
This year’s conference will feature a Virtual Exhibit Hall where attendees will learn about the latest specialized products and services in AML and financial crimes, as well as discover live thought leadership sessions presented via AML Learning Labs- 10-minute presentations hosted by representatives from our sponsoring firms and packed with need-to-know information.
Join us for SIFMA’s two-day, virtual Anti-Money Laundering & Financial Crimes Conference.
Learn about regulatory and examination priorities for 2021 and lessons learned from enforcement; participate in interactive financial crime case studies; and hear industry perspectives on the latest developments in the AML and financial crime space, including regulatory reform efforts, fraud trends and operational challenges related to COVID-19, human trafficking typologies, and sanctions developments.
This year’s conference will feature a Virtual Exhibit Hall where attendees will learn about the latest specialized products and services in AML and financial crimes, as well as discover live thought leadership sessions presented via AML Learning Labs- 10-minute presentations hosted by representatives from our sponsoring firms and packed with need-to-know information.
Registration Rates | $299 |
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Registration Rates | $99 |
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Registration Rates | $399 |
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Member | Regulator | Non-Member | |
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Registration Rates | $299 | $99 | $399 |
Live content is not available on demand, but sponsored sessions will be available 60 days after the conclusion of the conference.
Registration questions? Contact Meagan Prescott |Program questions? Contact Aseel Rabie.
All times are listed in Eastern Time zone.
11:45am – 12:45pm
Meet with sponsoring firms specializing in products and services for AML and financial crimes, win prizes and participate in 10-minute AML Learning Labs.
12:45pm – 12:55pm
Ira D. Hammerman
12:55pm – 1:30pm
Hear insights from the head of FINRA’s National Cause and Financial Crimes Detection Program—including how the program has evolved, what its priorities are, and expectations for the year ahead.
Sarah D. Green, Greg Ruppert
Global Head of Financial Crimes Officer
Executive Vice President, National Cause and Financial Crimes Detection Programs
1:40pm – 2:30pm
Industry leaders will break down one of the most extraordinary years in AML compliance since the passage of the USA PATRIOT Act – without even mentioning the fallout from the global pandemic. Expect to gain expert insight into such topics as the Anti-Money Laundering Act of 2020; FinCEN’s Advance Notice of Proposed Rulemaking on AML Program Effectiveness; the FinCEN Files leak; and the emergence of a new AML enforcement authority (CFTC) and affirmation of the powers of another (SEC).
Justin Mendelsohn, Logan Anderson, Timothy Casey, Nicole de Bello, Sarah Runge
Deputy Head of AML and Sanctions
Managing Director, Financial Crimes Risk Management
Anti-Money Laundering Counsel, Executive Director
Global Head of Financial Crimes Compliance Regulatory Strategy
2:40pm – 3:30pm
Through a series of practical scenarios and case studies, this panel will facilitate active discussion of current fraud and AML trends and typologies. We’ll explore hot topics – like marijuana-related transactions, penny stock trading cases, and fraudulent account takeovers – and ask that you identify red flags, suggest risk mitigants, and make the call as to whether to file a SAR.
James Fiebelkorn, Brooke Hickman, Thor Nelson, Betty Santangelo
Vice President – BSA/AML Program and Financial Intelligence Unit
The capital markets have weathered a “perfect storm” of regulatory events in recent years, including the CDD rule, OFAC’s expanded use of restrictions on the capital-raising activities of sanctions targets, and enforcement cases highlighting the potential AML and corruption risks associated with capital raising. What AML/financial crime compliance program elements will help your firm whether the storm? This panel will review regulatory requirements and expectations for financial crime programs and the application of rules and typologies in capital markets businesses.
Margaret S. Edmunds, Eric Kaplan, Shakeema Kimble, Rockwell Reid, Andrea Walser
Director of AML and Corporate Compliance, AML Compliance Officer
Managing Director and Head of Financial Crimes Compliance
Head of Customer and Enhanced Due Diligence
Senior Vice President, AML Compliance Risk Management – Banking, Capital Markets and Advisory
Managing Director, Global Financial Crimes Compliance (GFCC)
Great Scott! Recent regulatory developments may have us travelling back in time to the risk-based AML program! What does that really mean in 2021 and beyond? This panel will explore the potential challenges associated with recalibrating internal audit and testing programs to conduct reviews that focus not just on technical compliance with rules, and will consider what a risk-based audit/testing program might look like in the future.
Catherine (Cathy) A. LaFalce, Hilary De Lorenzo, Chris Dillon, Xiling Qian, Kate Valleau
Managing Director and Global Head of AML Compliance Risk Management, Markets and Banking
3:40pm – 4:10pm
Gain insight into illicit financing schemes and law enforcement use of BSA reporting from financial institutions through a case study presented by FBI Supervisory Special Agent Matt Thoresen. This case study will feature an undercover investigation of a money laundering and securities fraud case that included the involvement of complicit attorneys.
Matthew A. Thoresen
4:10pm – 5:10pm
Meet with sponsoring firms specializing in products and services for AML and financial crimes, win prizes and participate in 10-minute AML Learning Labs.
12:00pm – 12:50pm
Meet with sponsoring firms specializing in products and services for AML and financial crimes, win prizes and participate in 10-minute AML Learning Labs.
12:50pm – 12:55pm
Ira D. Hammerman
12:55pm – 1:30pm
Hear from Director Kenneth A. Blanco on FinCEN’s priorities for 2021, including implementation of the Anti-Money Laundering Act of 2020 and potential regulatory amendments to modernize the BSA/AML regulatory regime and to enhance the effectiveness and efficiency of AML programs. The discussion will also cover COVID-related frauds, SAR trends, virtual currencies, information sharing and innovation in BSA/AML compliance.
Andrea Sharrin, Kenneth A. Blanco
Managing Director and Head of Financial Crime for the Americas and Investment Bank
1:40pm – 2:30pm
COVID-19 has presented the broker-dealer industry with some unprecedented challenges. The panel will discuss, among other things, the response of government partners, new COVID-related fraud event typologies, surveillance challenges in a time of volatility, and challenges and opportunities for the future.
Elizabeth “Paige” Baumann, John Davidson, Kara Suro, Jeffrey Weiss
Senior Vice President, Chief Anti-Money Laundering Officer
Former Managing Director & Global Head of Financial Crimes
2:40pm – 3:30pm
Everyone has a part to play in detecting, reporting and preventing human trafficking. Broker-dealers have a unique opportunity to utilize their resources and existing frameworks to build an anti-human trafficking program. During this session, we will talk a deep dive into the most common forms of human trafficking and some relevant case studies, red flags and investigative techniques, and discuss best practices firms can implement to make an impact.
Anna Manning, Katherine Hansen, Angelica Samudio, Jennifer Silliman, Madelyn Yarbenet
Group Supervisor, Homeland Security Investigations
Head of Forensics in Financial Crime Compliance (FCC)
Cryptocurrencies (Bitcoin, Ethereum, etc.) and distributed ledger technology (blockchain) are here to stay and likely to present increasingly complex challenges for AML professionals. This session will explore the different digital assets typologies that present themselves in all types of brokerage firms. We’ll discuss microcap issues such as ICOs and manipulative trading, private and exchange-traded fund creation and custody, prime brokerage hedges and securities lending, and futures and derivatives trading – all against the backdrop of regulator and enforcement statements, guidance, frameworks and actions.
Adrienne Kosta, Jon Blattmachr, Patrick Leary, Thomas Messina, Jeremy Warren
Vice President, AML Officer, DBS LLC, Fidelity Forex LLC, FPF LLC, NFS LLC
Virtual Currency Chief and Assistant Deputy Superintendent
Senior Vice President, Financial Crimes Risk Management
Head of CIB Global Financial Crimes Compliance
This panel will discuss sanctions policy and enforcement and how they may differ in the Biden Administration from the approaches taken by the Trump Administration. The panel will look at how U.S. sanctions against China, Venezuela and Russia may evolve and whether the new Administration may make continued use of capital markets-focused sanctions. The panel will also examine recent compliance challenges and how compliance approaches may be affected by these changes.
Satish M. Kini, Justyna Gudzowska, David Stetson, Scott Willis
Executive Director, Legal and Compliance
Vice President and Senior Legal Director, Business Intelligence Group
3:40pm – 4:30pm
Hear directly from regulators and policy makers about developments in the AML and financial crimes space and their regulatory and examination priorities for 2021. Discussion topics will include lessons learned from enforcement matters, new trends and typologies, and expectations for the year ahead, which will provide you with an opportunity to consider changes to your program to address the evolving landscape and current regulatory expectations.
Katrina A. Carroll, Stephanie L. Brooker, Jason Foye, Akrivi Mazarakis, Dmitriy Vilenskiy
Executive Vice President and Chief Anti-Money Laundering Officer
Acting Assistant Director, Office of Chief Counsel, SEC’s Division of Examinations (EXAMS)
Sr. Investigator, Division of Enforcement
4:30pm – 5:30pm
Meet with sponsoring firms specializing in products and services for AML and financial crimes, win prizes and participate in 10-minute AML Learning Labs.
Monitoring employee conduct has become more complicated now that work from home seems here to stay. For wealth management firms under the watchful eye of regulators, employee involvement in unauthorized outside business activities (OBA) can have serious consequences. This session will highlight why it is necessary for firms to take proactive steps to increase visibility into employee communications and identify potential misconduct.
Robert Cruz, Shaun Hurst
In today’s fast-paced and increasingly digital world, effectively combating financial crime and achieving regulatory compliance demands smarter, faster, and more dynamic tools and solutions. Legacy rules-based systems have limited the efficacy of anti-money laundering (AML) detection and investigation. Financial organizations lack holistic and connected views of parties, accounts, and transactions due to messy and fragmented data, inabilities in harnessing that data, and high numbers of false-positive alerts. Hidden and unknown financial crime risks were often left undetected, and AML investigations became overly complicated, time-consuming, and inefficient. Graph algorithms combined with machine learning offer a more modern, intelligent, and streamlined approach in fighting, monitoring, and investigating illicit activity. These technologies enable a path to connected intelligence and elevated analytics. Financial organizations can improve their understanding of financial risks and optimize AML detection with higher quality alerts that find the suspicious activity missed by other solutions. Investigators can visualize the network of parties, accounts, and transactions to make more informed decisions. The solution has delivered over 10% improvement in AML investigation efficiency.
• Discover how graph technology can dynamically connect parties, accounts, and transactions across disparate data sources, elevating financial crime detection, investigation, and intelligence.
• Learn how connections, patterns, and anomalies can drive productive investigations, inform the prioritization, hibernation, escalation of work and alert activity, and lead to better decision-making.
• Uncover techniques to integrate graph algorithms for machine learning into current financial crime strategies, processes, and systems.
Steven Fuller, David Ronald
Strengthen your investigation strategy by utilizing technology you already have at your disposal. In this session, we’ll discuss the role that communication surveillance plays in identifying financial crime and how to best leverage it.
Peter Haller
Hedge Funds, Private Equity and Advisors: Managing Risk without Regulation
Alma Angotti, Guidehouse partner and Global Legislative and Regulatory Risk Lead is joined by Morgan Stanley’s Timothy Scutero and Paul Tyrrell of Sidley Austin for an engaging and insightful dialogue on managing the risk of hedge funds, private equity and investments advisors, who are currently not subject to the Bank Secrecy Act. We will address the following:
• Money Laundering Risks of Hedge Funds and Private Equity
• Legal Framework
• Managing Risk and AML Responsibilities
• Identifying and Mitigating Risk of Fund Administrators
• 2015 Proposed Rule
• The new AMLA 2020
Alma Angotti, Timothy Scutero, Paul Tyrrell
The amount of money laundered annually through the global financial system is 2-5% of globally GDP, a percentage that hasn’t materially changed for years. Regulators around the world and our industry as a whole recognize the need to do more to fight financial crime. To succeed in protecting the financial system AML professionals in both private and public organizations must work together. Collaboration is key. In this session we focus on collaboration and how working together can help us manage risk across four dimensions of financial crime: Money Laundering, Fraud, Market Abuse, Bribery and Corruption.
Andrew Davies
Vice President, Global Market Strategy, Financial Crime Risk Management
If the past year has proven anything, it’s that cryptocurrency isn’t just for criminals. Mainstream
financial institutions and platforms like JP Morgan, PayPal, and Square are getting involved.
Nonetheless, cryptocurrency’s decentralized, semi-anonymous nature has helped shape its
reputation as an untraceable way for criminals to transfer value.
In this session, Kim Grauer, Head of Research at blockchain analysis firm Chainalysis, will
break down what crypto crime actually looks like, and answer questions like:
● Is cryptocurrency anonymous?
● How much cryptocurrency activity is illicit?
● What are the dominant forms of cyber crime?
● Is cryptocurrency regulated and how can institutions be compliant?
Kim Grauer
Proactively catching non-compliant misconduct before fines and crises hit is challenging. It’s even more difficult since the pandemic prompted employees to work from home indefinitely. Learn about the prevalence of remote employee misconduct and why, if left unchecked, it can dramatically, adversely impact businesses, their C-suites, and brand perception.
Neil Wu Becker
Webinars, Webcasts, Virtual
Join us online for live and on-demand sessions! Participation instructions will be sent in advance of the event.
Sponsorship Questions? Contact Diana Serri at 212.313.1258.
*Accreditation is only available for live programs. On Demand content is not available for CAMS or CPE credit. CLE credit still pending.
CAMS
This event is eligible for five (5) CAMS credit hours. Partial credit is not available – individuals must attend all live programming in order to receive CAMS credits.
CPE
Eligible for up to 7.0 CPE Credits
Field of Study: Specialized Knowledge
Program Level: Intermediate
Delivery Method: Group Internet
Advance Preparation: None
Participants will learn: Regulatory and examination priorities for 2021 and lessons learned from enforcement. Latest developments in the AML and financial crime space, including regulatory reform efforts, fraud trends and operational challenges related to COVID-19, human trafficking typologies, and sanctions developments.
CEU Institute is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website:www.nasbaregistry.org
CLE credit still pending.
Media Inquiries and Registration
Contact Evan Grogan at 212.313.1134
Press Policy
Select keynote speakers are open to the media. View the press policy.
Code of Conduct
SIFMA meetings and events are intended to educate and engage our members and industry participants in thoughtful conversations. Inappropriate behavior will not be tolerated. SIFMA defines inappropriate behavior as any possible illegal conduct, verbal or physical abuse of any type, use of derogatory or discriminatory language, gestures or actions, unwanted invasions of privacy, any form of harassment, racism, sexism, or any other targeted comments which are intended to cause personal offense to another participant either in-person at the event or through social media channels, or the violation of any local, state, or federal laws or regulations.
If you are involved in or witness an incident at a SIFMA meeting or event that violates this Code of Conduct, please use this anonymous incident report form to let SIFMA know immediately. Please provide as much information as possible about the incident so that we can make a proper investigation. Any violations of law should be reported to law enforcement authorities.
SIFMA will investigate any reported incidents swiftly and confidentially if possible. SIFMA, at our discretion, may act on any reports of inappropriate behavior, including but not limited to removing a participant from the meeting or event and/or bar that person from attending future SIFMA meetings or events. SIFMA shall not refund any money paid for such attendee to attend the meeting or event, or for any travel expenses incurred to attend.
Substitutions
Conference registration substitutions are welcome. Email [email protected] with the following information and we will confirm the change: original registrant’s full name, substitute registrant’s full name, mailing address, title, phone and email.
Cancellations
Refunds will be granted for cancellations made three weeks prior to the start of the event. All cancellation requests are subject to a $100 processing fee and must be made in writing.
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