Stanley Foodman
CEO of Foodman CPAs & Advisors

De-Risking 101

De-risking is controversial. The perception is that it leads “high – risk” clients to smaller financial institutions that might not have an adequate AML/CFT processes in place. Moreover, some of these entities are being pushed to less regulated or “shadow banking” systems with no regulatory oversight.

According to The Financial Action Task Force (FATF): “De-risking can be the result of various drivers, such as concerns about profitability, prudential requirements, anxiety after the global financial crisis, and reputational risk.

Join Us for a discussion on de-risking and the impact it will have to your institution and the global financial market.

Paul Wilson
Product Manager, Authentication and Behavioral Analytics Solutions, Easy Solutions

Could the attacks on the SWIFT network have been prevented?

Evidence is mounting that the ecosystem surrounding SWIFT transfers is vulnerable to fraud. While it uses a private network, SWIFT is still a messaging system and therefore an avenue for cybercriminals to launch a wide range of electronic attacks. With the launching of SWIFT Web access end customers become more attractive targets, which may lead to more attacks as criminals start phishing campaigns to compromise SWIFT credentials.

Join us for a discussion on the SWIFT network.

Andres “Andy” Fernandez
Partner, Holland & Knight’s

OFAC and Recent Changes to Cuba Regulations

PRESENTER: Andres “Andy” Fernandez is a partner in Holland & Knight’s Miami office and leader of the firm’s Cuba Action Team. He practices in the area of banking law and financial services, with a focus on licensing, regulatory and compliance matters. With an emphasis on issues pertaining to the Bank Secrecy Act (BSA), anti-money laundering (AML) and Office of Foreign Assets Control (OFAC), Mr. Fernandez counsels a broad range of clients such as domestic community banks, foreign banks, broker dealers and money service businesses (including virtual/digital currency and Bitcoin).

Join us for a discussion on OFAC and Recent Changes to Cuba Regulations.

Ana Maria H. de Alba
President & CEO, CSMB International, Inc.

Navigating Through the Beneficial Ownership Maze

Current events have brought to the spotlight the implications of having limited or minimal information on beneficial owners of an account. The abuse of legal entities to disguise involvement in illicit financial activity remains a longstanding vulnerability that facilitates crime, threatens national security, and jeopardizes the integrity of the financial system.

Join us for a discussion on Beneficial Ownership and how to navigate through this complex maze.

Gabriel Caballero
Senior Counsel, Holland & Knight’s

FATCA – What You Need to Know

Join us for a discussion on FATCA and learn what you need to understand about FATCA (Foreign Accounts Tax Compliance Act) and what it will take to be fully compliant.

Topics covered:

  • FATCA and what it means in practice
  • What is a ‘Financial Institution’ for FATCA purposes?
  • Registering with the IRS
  • Consequences of not registering with the IRS
  • Changes that you will need to make in the way you run your practice
  • The timetable for FATCA

Ann Petterson
Senior Manager, Baker Tilly

Proposed AML Requirements – Chief Compliance Officer Certification

Join us for a discussion on the proposed regulation 504 – requiring Chief Compliance Officer Certification.

On December 1, 2015 New York Department of Financial Services released a draft copy of revised regulations for anti-money laundering (AML). New York has cited several large foreign banks with operations in the US with serious violations of existing AML laws. Based on its experience, New York has proposed this regulation which will require:

  • An annual certification of compliance with AML laws,
  • Enhanced requirements around IT testing of systems used,
  • Readability standards for program documentation

Dominic Suszek
Founder and CEO, Global RADAR

The Four Pillars of an Effective AML Compliance Program

Financial institutions are under mounting pressure to remain compliant with increasingly strict anti-money laundering regulations. Organizations globally are required to perform more rigorous due diligence when on-boarding clients and when monitoring account activity. Ensuring your organization is in compliance with AML regulations can be a daunting task. In this webinar, leading experts teach you the 4 Pillars of an Effective AML Compliance Program that will assist you streamline operations, reduce costs and enhance compliance. This webinar will help ensure you are on the road to a successful compliance program.

View the webinar or download the webinar presentation today!

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