ACAMS 6th Annual International Money Laundering Conference & Exhibition

General Sessions Damage Control: Essential Post-Crisis Procedures to Minimize Fallout The last thing a compliance department wants is to receive regulatory criticism after an examination or, worse yet, an enforcement action. However, if this does occur at your institution, the best thing is to learn from your mistakes. In fact, not doing so could be the deciding factor between a cease and desist order or a multimillion dollar penalty. For example, in the case of Riggs Bank, the same AML deficiencies were identified repeatedly since 1997. Finally in 2004 the bank received an unprecedented $25 million penalty. When a scandal like this occurs, institutions must think about the possible reputational damage. In this session, speakers will provide guidance on how to make the best of a bad situation by implementing decisive, corrective measures and steady follow through. Examination Walk-Through: Ensure Success with Step by Step Regulatory Guidance An examination of your AML program and controls can be one of the most stressful experiences in your professional life. The time between the first request letter and the results of the review can seem like an eternity. However, most AML officers will agree that preparation is the key to survival. In this telling session, learn exactly what examiners expect so you can plan for every question and map out all the details. Regulators will give tips to help you along each leg of the examination journey. After attending this panel, you will leave confident, now armed with the right tools the next time an examiner is knocking at your door. Innovations in Investigative Tools: Your Map to the Information Super Highway This engaging and informative panel features James Richards in an eye-opening presentation on using the internet in your AML work, including due diligence and internal investigations. Mr. Richards shows you how the Internet is an inexpensive and under utilized resource in money laundering controls. In an easy to follow format, he teaches you how to deftly navigate through the vast amounts of information to find what you need. Learn about useful tools, such as the “invisible web” and “historical web,” which can enhance your due diligence and AML investigations. Discover ways to unearth the many hidden valuable nuggets of information the Web provides. Leave this session with a true account of the startling, powerful, and free information sources available to everyone – as long as you follow the correct path. “From the beginning to the end the conference was very professional. I appreciated the diversity of attendees and was impressed with the facilitators.” Kathy Taylor, CAMS Wells Fargo Meet several speakers at this year’s inaugural Speed Networking event on Sunday night. Advance registration required. See Annual Conference website for details.

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

For optimal viewing of this digital publication, please enable JavaScript and then refresh the page. If you would like to try to load the digital publication without using Flash Player detection, please click here.