Money Laundering 2008 - (Page 29) Tuesday, March 18 8:00 AM–5:00 PM 8:00 AM–9:00 AM 8:00 AM–9:00 AM Registration Desk Open Continental Breakfast in Exhibition Hall AML Knowledge Breakfasts AML Knowledge Breakfast Courtesy of Crowe Chizek Leading Practices for Streamlining Your AML Program “ Conference has always been very focused, but this year topics are as pertinent for us in South Africa as they are for the U.S. Panels are well-briefed and right on the mark. Nadia Hoff Standard Bank of South Africa Johannesburg, South Africa ” The most recent 2007 results of the ABA Banking Journal’s and Banker ’s Systems last survey continue to conclude that Bank Secrecy Act / AML / recy OFAC is the top banking industry compliance area in terms of cost. Instituerms tions continue to dedicate considerable resources to meet ever expanding regeet ulatory requirements and expectations. Compliance infrastructure and reviews, risk rastructure assessment processes, transaction monitoring, analysis, reporting and testing -- these investi d i h i ments and processes continue to stretch the resources of institutions of all sizes. This session describes proven steps that institutions can take to drive down the costs of their AML compliance efforts while building a sound program that meets their supervisors’ expectations. This session will provide practical examples of how other organizations have developed leading edge practices and implemented policies, risk-based procedures and supporting technologies to deliver an effective solution to this growing challenge. Panelists: Alan Abel and Brian Kloostra AML Knowledge Breakfast Courtesy of Dun & Bradstreet, Inc. Solving the Puzzle of Better Customer Identification: The Benefits of a Non-Documentary Approach Customer identification is challenging for many institutions. In this dynamic session we’ll share a simplified approach to using non-documentary activities to improve customer identification. We’ll discuss enhanced techniques and industry best practices for using independent third party business information for non-documentary activities. You’ll learn how you can reduce the document collection burden for both customers and staff to streamline your on-boarding process, gain additional business insight, and simplify your customer monitoring process. Using this non-documentary approach also gives you a head start on your customer risk assessment activity, which can lead to more profitable customer relationships. Panelist: Keith Webster, AVP of Business Development for Enterprise Risk & Compliance, Dun & Bradstreet Inc AML Knowledge Breakfast Courtesy of PricewaterhouseCoopers Deriving Sustainable Efficiencies Out of Your AML Investments Most AML remediation programs represent a significant investment on the part of the institution resulting in new processes, procedures, policies, technologies, people and programs. We will discuss how you can sustain the improvements in your AML programs across the enterprise on an ongoing basis to help you protect your hard earned brand and reputation. Panelists: Catherine Stahlmann, Director; Monique Moranto, Director; Rei Tanaka, Director Moderator: John Campbell, Partner PricewaterhouseCoopers Conference Program 29
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