Innovative software is now available to assist financial institutions and other businesses in carrying out their AML duties. There has been a proliferation of software in the AML field as legal requirements have grown and new software challenges often surface. Here, top experts from the user and provider sides share their knowledge and guidance on how to use and benchmark technology-driven AML programs, what a Request for Proposal should include, how to keep your AML software process cost-effective and more.

Panelists: Jos de Wit, Henry Gibson and Software Providers
Moderators: Charles Intriago and Howard Steiner

This panel is for anyone who is new to money laundering controls or who wants to better understand the U.S. money laundering laws and regulations. This is an abbreviated version of Money Laundering Alert's acclaimed seminars that have trained thousands since 1990. You will learn how money laundering works, what institutions, businesses and methods it uses, how to analyze and administer risk, the penalties, assets forfeiture and personal liability of employees, officers and directors.

Lecturers: Michael McDonald, Saskia Rietbroek-Garces

Seminar 3: Essential AML Controls for Broker-Dealers, Insurers, Mutual Funds and Other Non-Bank Institutions

The new USA Patriot Act regulations have brought securities dealers, insurance companies, mutual funds and investment advisors and others under money laundering regulation for the first time. They face new duties in an unfamiliar area. Apart from the new regulations, they face the biggest danger - the money laundering law, which their training programs usually ignore. Here top experts guide you on dealing with these new challenges and what the regulators are doing.

Panelists: Kyra Armstrong, Vincent Cookingham, Walter MacCarron, Mari Maloney
Moderator: Charles Intriago

Seminar 4: Conducting an Internal and External Money Laundering Investigation

Conducting a money laundering investigation effectively in today’s environment is crucial for law enforcement agencies and businesses that are targeted. A business must take careful, proper steps when it is the target of an investigation. Government agents must also take considered steps to build sound cases. Here, top experts outline the steps both sides must take and explain the use of undercover agents, subpoenas, international cooperation, how to minimize risks, and documentary and computer evidence.

Panelists: Alan Abel, Laurel Loomis, Michael Wald
Moderator: Michael McDonald

The New USA Patriot Act Regulations – What They Do, How Far They Reach, How To Comply
The new Bank Secrecy Act regulations under the USA Patriot Act have revolutionized the anti-money laundering field. They leave virtually no financial institution or non-financial business, anywhere, untouched. Institutions in the U.S. must in effect vouch for their international customers, creating new risks. Here, top experts guide you on how to comply with these rules, what special risks non-U.S. institutions now face, what the new U.S. "extraterritorial" provisions cover, how to meet new "due diligence" standards in your various operations and much more!

Panelists: Peter Djinis, Thomas Fleming, Carmina Hughes, William Langford, Richard Small
Moderators: John Byrne and Charles Intriago

Terrorist Financing and Other Money Laundering
Since September 11, much has been learned about terrorist financing. Money laundering for them is as vital as it is to traditional criminals who seek to distance themselves from their money. Here, front line experts explain the latest international money laundering methods, how Hezbollah terrorists were detected and convicted for laundering in the U.S., and how different types of institutions and businesses serve money launderers.

Panelists: Humberto Aguilar, Kenneth Bell, Eric Hathaway, Donald Semesky, John Zdanowicz
Moderator: Martha Boersch and Charles Intriago

Jim Richards Unplugged
Jim Richards, one of the world’s most innovative anti-money laundering experts, takes the stage by himself to describe his unique mastery of the Internet and the “invisible web” in anti-money laundering work. He describes a startling array of powerful, inexpensive weapons and information sources you can use for due diligence and to find and verify information. This is a priceless opportunity to learn those skills and to ask your questions!

Moderator: Charles Intriago

Verifying Customer Identification and Sharing Customer Information With Others
September 11 underscored the importance of ascertaining and verifying the identity of customers. Unless you are sure of whom you are dealing with, you cannot be sure what is behind the transaction. New USA Patriot Act regulations will require a “Customer Identification Program” in financial institutions and other businesses. On the horizon are biometric tools that will revolutionize the field. Here, top experts explain this crucial element of AML defenses and what safeguards you need.

Panelists: Lisa Grigg, William Langford, Rick Small, Sue Thornhill
Moderator: John Byrne

The U.S. Money Laundering and Forfeiture Laws - New Cases on Their Global Reach
The U.S. laws are the most powerful and far-reaching in the world. Recent cases show how their “exterritorial” reach puts everyone at risk. The USA Patriot Act strengthened them by adding “Specified Unlawful Activities” and permitting forfeiture of a foreign bank’s U.S. account for funds its home-country customer has on deposit overseas. The U.S. may now easily obtain documents from a foreign entity that maintains a U.S. account. Here, top U.S. prosecutors show how they use these weapons, including against persons outside the U.S.

Panelists: Kenneth Bell, Laurel Loomis, John Roth, Julie Shemitz
Moderators: Martha Boersch and Charles Intriago

Anti-Money Laundering Training: The Crucial Elements of an Essential Requirement
Training is the sine qua non of all effective anti-money laundering programs. The laws and regulations of virtually every country with money laundering laws require financial institutions to train their employees. Who should be trained, how often, on what topics, what training media, such as live seminars, videotapes and online training, are most effective are some issues facing institutions. Here, private sector and government experts help answer those and other questions and tell you what regulators look for in training programs.

Panelists: Thomas Fleming, Mark Matthews, Saverio Mirarchi, Lauren Pickett
Moderator: Michael McDonald

What Multinational Organizations Are Doing and How it Affects You
The Financial Action Task Force of the OECD is revising its very influential 40 Recommendations on Money Laundering. Other organizations such as the United Nations, OAS, World Bank, IMF, Inter-American Development Bank, Interpol and others have now placed terrorist financing and money laundering controls at high priority and have tailored their programs to improve the global battle against those forces. No nation or institution can ignore their activities. Here, you will learn the latest activities of these key organizations.

Panelists: Garry Clement, Cornelia Cova, Jos de Wit, Astrid Leigh, Bruce Zagaris
Moderators: Charles Intriago and Dan Soto

Know Your Customer and Your Employee – The Heart of AML
The increased risks now facing all financial institutions make it essential they have sound “Know Your Customer” policies and procedures. Recent cases have elevated “Know Your Employee” to a major role. An improperly screened employee can cause as many problems as a bad customer. KYC and KYE involve the entire institution, including human resources and security departments and board of directors. Here, experts show you how to detect danger zones in customer acceptance and monitoring, the essential steps before and after hiring an employee, what the regulators expect and more.

Panelists: Jennifer Fiddian-Green, Lisa Grigg, Mark Matthews, Saverio Mirarchi
Moderator: Rick Small

Building and Maintaining an Effective AML Program
Banks and many other institutions must now maintain “Anti-Money Laundering Programs” that include independent testing to assure proper functioning. Most regulations require a four-pronged AML program, including the naming of a compliance officer. A good AML program may prevent a severe government sanction. A new U.S. law requires all mergers and acquisitions, including those with foreign firms, to show that the entities have adequate AML programs. Here, you learn what a good AML program should have.

Panelists: Jorge Guerrero, Patricia Hatler, Jim Richards, Dan Soto
Moderator: Susan Galli

Investigating and Conducting a Money Laundering Case From Beginning to End
This captivating panel dissects a simulated international money laundering case involving timely issues. You learn how it is investigated and prosecuted and how the government resolves issues as the case evolves. Top prosecutors and agents confront top defense lawyers and forensic experts. You learn how to defend a case and how the targets must respond and confront bad publicity. They explain investigative techniques, legal maneuvers, effective prosecutions and undercover “stings.” And, a retired senior U.S. judge joins in to provide likely judicial “rulings” in the “case.”

Get a first look at the case right now!

Moderators: Martha Boersch and Charles Intriago