PR Log - Apr 30, 2013 - The groundbreaking ACFCS International Financial Crime Conference & Exhibition on May 16-18, at the Westin Diplomat, in Hollywood, Florida USA will plumb crucial financial crime issues with 36 experts on 15 panels over 2 ½ days.
The experts will dissect subjects raining from the financing of terrorist cells, rogue states, data analytics, open-source investigations. It is the first public conference to ever focus on the emerging field of “Threat Finance” by which nations, particularly the United States, seek to choke off the financing of national security threats. Indispensable players in this effort are financial institutions which often serve as the unwitting bridges in the movement of money related to national security threats.
The ACFCS conference will provide vital knowledge and guidance on sanctions compliance, advanced data analytics, financial crime “convergence” and much more.
The conference is added to notable speakers in recent days: Jim Bischoff, Chief of Counter Threat Finance for the US Special Operations Command, who will speak on the panel: Threat Finance – Unraveling the Finances of National Security Threats to Choke Off Terrorism, Trafficking, Corruption and Other Perils.
Eric Bustillo, Regional Director of the SEC, in Miami, will also share his guidance and knowledge with the diverse audience from several countries.
The Threat Finance panel will also give practical training on how institutions can build programs to prevent the financing of threats. Sonia Desai, Executive Manager of Global AML/CTF, Sanctions and Customer Risk Operations for Australia’s largest bank, CBA Group, will guide attendees on effective public-private sector cooperation and best practices for training employees in threat financing.
Conference gives comprehensive training for private and public sector professionals
“FATCA is not just about tax evasion, but covers the entire financial crime spectrum. Its looming compliance deadlines for financial institutions worldwide present an unprecedented challenge, which is why we have two panels on this crucial law,” said Charles Intriago, president ACFCS, former federal prosecutor and a pioneer in money laundering controls.
“Threat finance is one of the most pressing and cutting-edge financial crime issues that touches nearly every financial institution globally, and that’s why we are focusing on it, also,” he added.
“Another emerging area that is a vital part of the threat finance battleground is sanctions compliance,” Intriago continued. “The sanctions issued by the US government and other nations are a critical element in blocking rogue states and terrorists from accessing the financial system. “
Data analytics and sanctions compliance are key to combating financial crime effectively
Sanctions are also a big compliance headache for institutions globally, with US regulators issuing historic penalties for sanctions violations over the past two years. The panel Sanctions Compliance – Building and Maintaining a Good Program in the Era of Big Penalties, Reputational Risk, and Tough Enforcement will equip attendees with tools to build top-notch sanctions programs.
Speakers like Ron King, Chief AML Officer for Scotiabank, will guide attendees on the complex methods that countries like Iran use to evade sanctions, like changing the names of ships, using third parties and bartering to avoid financial transactions.
The Conference will also probe how advanced data analytic tools can support counter- financial crime efforts in the panel Harnessing Data Analytics in Financial Crime Control – Taming ‘Big Data’ to Improve Enforcement, Compliance, and Regulation.
“Analytics are fast becoming an essential part of detecting and preventing financial crime,” says Brian Kindle, Editorial Director at ACFCS. “Properly utilizing analytic tools can mean the difference between successfully interdicting a payment headed to financial criminal, corrupt politician or be a costly compliance mistake.”
Panels equip attendees for ‘convergence’ of financial crime units
Almost every panel in the ACFCS Conference program touch on “Convergence” directly or indirectly. The ACFCS 2013 Conference is the only financial crime event to take a “convergent” approach, guiding attendees on the connections between FATCA, AML, FCPA and other anti-corruption efforts and other fields.
The conference offers rooms at the beautiful Westin Diplomat of only $209 ($137 Government)
To register, please click here. Full details about the conference, program, speakers, sponsors, exhibitors, and related events can be found here.
Companies and firms that wish to sponsor or exhibit at the conference should contact Lanny Morris, Senior Vice President, at 305-490-2933 or e-mail lmorris@ACFCS.org. For a current list of sponsors and exhibitors, please click here.
(Members of the media may obtain press credentials to cover the conference by contacting Brian Kindle at 786-517-2720 or bkindle@ACFCS.org.)
Read Full Story - ACFCS conference will dissect FATCA duties, threat finance, the new electronic SAR, and more | More news from this source
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The experts will dissect subjects raining from the financing of terrorist cells, rogue states, data analytics, open-source investigations. It is the first public conference to ever focus on the emerging field of “Threat Finance” by which nations, particularly the United States, seek to choke off the financing of national security threats. Indispensable players in this effort are financial institutions which often serve as the unwitting bridges in the movement of money related to national security threats.
The ACFCS conference will provide vital knowledge and guidance on sanctions compliance, advanced data analytics, financial crime “convergence” and much more.
The conference is added to notable speakers in recent days: Jim Bischoff, Chief of Counter Threat Finance for the US Special Operations Command, who will speak on the panel: Threat Finance – Unraveling the Finances of National Security Threats to Choke Off Terrorism, Trafficking, Corruption and Other Perils.
Eric Bustillo, Regional Director of the SEC, in Miami, will also share his guidance and knowledge with the diverse audience from several countries.
The Threat Finance panel will also give practical training on how institutions can build programs to prevent the financing of threats. Sonia Desai, Executive Manager of Global AML/CTF, Sanctions and Customer Risk Operations for Australia’s largest bank, CBA Group, will guide attendees on effective public-private sector cooperation and best practices for training employees in threat financing.
Conference gives comprehensive training for private and public sector professionals
“FATCA is not just about tax evasion, but covers the entire financial crime spectrum. Its looming compliance deadlines for financial institutions worldwide present an unprecedented challenge, which is why we have two panels on this crucial law,” said Charles Intriago, president ACFCS, former federal prosecutor and a pioneer in money laundering controls.
“Threat finance is one of the most pressing and cutting-edge financial crime issues that touches nearly every financial institution globally, and that’s why we are focusing on it, also,” he added.
“Another emerging area that is a vital part of the threat finance battleground is sanctions compliance,” Intriago continued. “The sanctions issued by the US government and other nations are a critical element in blocking rogue states and terrorists from accessing the financial system. “
Data analytics and sanctions compliance are key to combating financial crime effectively
Sanctions are also a big compliance headache for institutions globally, with US regulators issuing historic penalties for sanctions violations over the past two years. The panel Sanctions Compliance – Building and Maintaining a Good Program in the Era of Big Penalties, Reputational Risk, and Tough Enforcement will equip attendees with tools to build top-notch sanctions programs.
Speakers like Ron King, Chief AML Officer for Scotiabank, will guide attendees on the complex methods that countries like Iran use to evade sanctions, like changing the names of ships, using third parties and bartering to avoid financial transactions.
The Conference will also probe how advanced data analytic tools can support counter- financial crime efforts in the panel Harnessing Data Analytics in Financial Crime Control – Taming ‘Big Data’ to Improve Enforcement, Compliance, and Regulation.
“Analytics are fast becoming an essential part of detecting and preventing financial crime,” says Brian Kindle, Editorial Director at ACFCS. “Properly utilizing analytic tools can mean the difference between successfully interdicting a payment headed to financial criminal, corrupt politician or be a costly compliance mistake.”
Panels equip attendees for ‘convergence’ of financial crime units
Almost every panel in the ACFCS Conference program touch on “Convergence” directly or indirectly. The ACFCS 2013 Conference is the only financial crime event to take a “convergent” approach, guiding attendees on the connections between FATCA, AML, FCPA and other anti-corruption efforts and other fields.
The conference offers rooms at the beautiful Westin Diplomat of only $209 ($137 Government)
To register, please click here. Full details about the conference, program, speakers, sponsors, exhibitors, and related events can be found here.
Companies and firms that wish to sponsor or exhibit at the conference should contact Lanny Morris, Senior Vice President, at 305-490-2933 or e-mail lmorris@ACFCS.org. For a current list of sponsors and exhibitors, please click here.
(Members of the media may obtain press credentials to cover the conference by contacting Brian Kindle at 786-517-2720 or bkindle@ACFCS.org.)
Read Full Story - ACFCS conference will dissect FATCA duties, threat finance, the new electronic SAR, and more | More news from this source
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