ACAMS 6th Annual International Money Laundering Conference & Exhibition

Roundtables AML Directors: Orchestrating the Many Pieces of the Compliance Symphony As AML guidelines increase and institutions are expected to comply with a growing list of regulations, directors are forced to make big decisions when it comes to issues such as staffing and implementation of AML programs. In this session, talk with other high-level leaders who have successfully executed new compliance strategies while balancing fiscal matters in their comprehensive corporate plan. Moreover, find creative ways to motivate your staff and boost morale so your employees will continue to fight the good fight. Reaching Top-Notch AML Compliance in the Caribbean Region Financial institutions in the Caribbean have a reputation for being favored by corrupt politicians, money launderers and other criminals as places to hide their dirty money. Many of the countries in the region are also known as offshore jurisdictions. A majority of these institutions, because of the close proximity to the United States, have to maintain relationships with U.S. institutions as well. All these factors create a challenging environment in which to sustain successful AML compliance. At this roundtable, discuss specific issues with peers facing the same difficulities and come away with practical solutions. are utilizing their board as a valuable tool to help protect their institution from financial crime. Learn steps on how to effectively train and communicate to your board so they make informed decisions that yield positive results. Insurance: Best Practices in Preparing for Regulatory Examinations As the insurance industry’s primary regulator, the Internal Revenue Service (IRS) has been charged to examine them. A lack of guidance on examinations and training on the agency’s part, however, has left many insurance firms scratching their heads and crossing their fingers when it comes to passing regulatory reviews. In this roundtable, receive valuable advice from others within the industry on the best ways to prepare for a visit from regulators, so when it’s examination time, you’ll have the answers. made through electronic payment systems include cover payments, automated clearing house and other funds transfers. How do institutions fill in possible AML gaps, such as those with SWIFT payment messages and cover payments? What can you do to make sure that offering services, such as debit cards, does not put your institution in harms way? Share your views on these and other perplexing issues at this engaging roundtable discussion. Face Time: Up Close with Your Regulator Going through a regulatory review is certainly no walk in the park – it can be a seemingly interminable and nerve-racking experience. What can a compliance officer do to help minimize the stress? In this intimate debate, get face time with a regulator to ask all those burning questions that keep you up at night. Find out from an examiner what they look for when conducting a regulatory review. Also receive tips on how to manage and lessen the impact of a bad review. Probing Shell Companies to Uncover Hidden Beneficiaries Ascertaining the beneficial owner of an account has always been one of the most challenging tasks a compliance officer will face. Digging through all the layers can be confusing and time-consuming, but necessary when facing enhanced due diligence mandates set forth by the USA Patriot Act. Here, learn what your peers are doing to penetrate shell companies to uncover the truth and the steps you should take after true beneficiaries are exposed. Community Banks: Sensitizing the Board of Directors to the Consequences of AML Non-Compliance The board of directors at a community bank has many responsibilities, such as approving policies, maintaining proper oversight and allocating resources. But since a lot of boards are more concerned with balance sheets, how do you make them understand the serious ramifications that can come with noncompliance? See how other colleagues Emerging AML Issues Raised by Electronic Payment Systems As the global financial community becomes less reliant on cold hard cash and an increasing number of transactions are made through electronic payment systems, financial institutions need to adapt their AML policies to associated risks. Transactions 1 5 Ways to Register: 1. Online www.ACAMS.org/Conferences/Annual07 2. Telephone +1.866.459.CAMS (2267) or +1.305.373.0020 3. Email info@ACAMS.org http://www.ACAMS.org/Conferences/Annual07

Table of Contents Feed for the Digital Edition of ACAMS 6th Annual International Money Laundering Conference & Exhibition

About Us Speaker Bios General Sessions Conference Overview Workshops Seminars Roundtables Sponsors & Exhibitors Frequently Asked Questions Registration

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