Posts tagged with "money laundering"

Understanding Human Trafficking for BSA/AML Compliance: Deconstructing the Trafficker

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BSA and Human Trafficking

Human trafficking is one of the most horrific and profitable crime problems we confront.  Alarmingly, human trafficking is hiding in plain sight, in every corner of society.  Like many criminal activities, finance is a major area of vulnerability to human traffickers.  Anti-money laundering compliance professionals are in a prime position to disrupt human trafficking.  What’s required is becoming situationally aware of the physical and financial warning signs of identifying and deconstructing human traffickers.

Deconstructing a trafficker to prevent and/or disrupt human trafficking requires understanding.  You must understand the risk, the mindset of a trafficker, the attributes of a trafficker, the crime problem and the consequences of trafficking.  When you can place risk, mindset, and attributes to this heinous crime driven by opportunity, you can develop detective and preventive measures to deconstruct a trafficker.

In promoting awareness to human trafficking this BSA/AML webinar will:

  • Define what ‘human trafficking’ is
  • Stress going beyond awareness to recognizing “a” problem to becoming situationally aware of “the” problem
  • Break down the attributes of traffickers in order to diminish opportunity
  • Present examples of proactive initiatives that banks are taking to address this scourge
  • Make financing a major vulnerability for traffickers

Pricing

$249 for Webinar and Playback*
*Playback has no expiration and may be shared internally

Dates of Event

Wednesday, May 22, 2019

  • 12:00 – 1:00 pm (Eastern Time)
  • 11:00 – 12:00 pm (Central Time)
  • 10:00 – 11:00 am (Mountain Time)
  • 9:00 – 10:00 am (Pacific Time)

Credits

1.2 AAP Credits
1.0 CPE Credits

Your Speaker(s)

Dennis Lormel
Founder, DML Associates

About the Speaker

Dennis M. Lormel is a recognized subject matter expert in the anti-money laundering, terrorist financing, and fraud communities. Mr. Lormel is an accomplished speaker and is routinely engaged to provide training at industry conferences. In addition, he frequently participates in media interviews that reach both the U.S. and international markets. This exposure and his vast experience in the law enforcement and consulting fields have afforded him the opportunity to develop a unique and diverse network of colleagues and clients.

After the tragedy of 9/11, Mr. Lormel realized that the terrorists needed a financial infrastructure to accomplish the attacks. He immediately established an investigative organization within the FBI that, within days, identified the funding stream that supported these attacks. This is but one example of his expertise in assessing and establishing viable and effective recommendations that produce results.

Register Now Pay by Check

Understanding Human Trafficking for BSA/AML Compliance: Deconstructing the Trafficker

Register Now

BSA and Human Trafficking

Human trafficking is one of the most horrific and profitable crime problems we confront.  Alarmingly, human trafficking is hiding in plain sight, in every corner of society.  Like many criminal activities, finance is a major area of vulnerability to human traffickers.  Anti-money laundering compliance professionals are in a prime position to disrupt human trafficking.  What’s required is becoming situationally aware of the physical and financial warning signs of identifying and deconstructing human traffickers.

Deconstructing a trafficker to prevent and/or disrupt human trafficking requires understanding.  You must understand the risk, the mindset of a trafficker, the attributes of a trafficker, the crime problem and the consequences of trafficking.  When you can place risk, mindset, and attributes to this heinous crime driven by opportunity, you can develop detective and preventive measures to deconstruct a trafficker.

In promoting awareness to human trafficking this BSA/AML webinar will:

  • Define what ‘human trafficking’ is
  • Stress going beyond awareness to recognizing “a” problem to becoming situationally aware of “the” problem
  • Break down the attributes of traffickers in order to diminish opportunity
  • Present examples of proactive initiatives that banks are taking to address this scourge
  • Make financing a major vulnerability for traffickers

Pricing

$249 for Webinar and Playback*
*Playback has no expiration and may be shared internally

Dates of Event

Tuesday, January 22, 2019

  • 12:00 – 1:00 pm (Eastern Time)
  • 11:00 – 12:00 pm (Central Time)
  • 10:00 – 11:00 am (Mountain Time)
  • 9:00 – 10:00 am (Pacific Time)

Credits

1.2 AAP Credits
1.0 CPE Credits

Your Speaker(s)

Dennis Lormel
Founder, DML Associates

About the Speaker

Dennis M. Lormel is a recognized subject matter expert in the anti-money laundering, terrorist financing, and fraud communities. Mr. Lormel is an accomplished speaker and is routinely engaged to provide training at industry conferences. In addition, he frequently participates in media interviews that reach both the U.S. and international markets. This exposure and his vast experience in the law enforcement and consulting fields have afforded him the opportunity to develop a unique and diverse network of colleagues and clients.

After the tragedy of 9/11, Mr. Lormel realized that the terrorists needed a financial infrastructure to accomplish the attacks. He immediately established an investigative organization within the FBI that, within days, identified the funding stream that supported these attacks. This is but one example of his expertise in assessing and establishing viable and effective recommendations that produce results.

Register Now Pay by Check

Documenting Your BSA/AML Risk Assessment

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BSA Risk AssessmentThere is an increase in regulatory scrutiny over how financial institutions document their BSA/AML risk controls in the risk assessment. Even though financial institutions have been documenting risk assessments over a long period of time, the expectations have moved from a generalist approach to a more meaningful and specific approach that truly outlines the specifics of the BSA/AML program. Regulators look to the bank to provide strong evidence that the risk assessment represents the BSA/AML program including services, geography, and customer types. Meaningful risk assessments are essential in a bank’s ability to defend its BSA program.

This BSA Webinar will cover:

  • Review of the BSA/AML Risk Assessment Regulatory Requirement
  • Outline of a Strong BSA/AML Risk Assessment
  • Common Audit Findings in BSA/AML Risk Assessments
  • BSA/AML Risk Assessment Reporting Requirements

Who Should Attend?

  • BSA Officers and Staff
  • Compliance Officers
  • Internal Auditors
  • Risk Managers
  • Senior Management
  • Executive Management
  • Enterprise Risk Management

Pricing

$249 for Webinar and Playback*
*Playback has no expiration and may be shared internally

Dates of Event

Tuesday, December 11, 2018

  • 2:00 – 3:00 pm (Eastern Time)
  • 1:00 – 2:00 pm (Central Time)
  • 12:00 – 1:00 pm (Mountain Time)
  • 11:00 – 12:00 pm (Pacific Time)

Credits

  • 1.2 AAP Credits
  • 1.0 CPE Credits

Your Speaker(s)

Terri Sands AAP CAMS
Founder, Secura Risk Management

About the Speaker

Throughout her career, Terri has served as a leader in the payments and fraud prevention industry, providing education, risk management and compliance consulting and support services geared toward the specific needs of financial organizations. Terri serves as the Director of the Financial Investigative Unit for State Bank & Trust in Atlanta, Georgia where she is responsible for BSA/AML, physical security, fraud prevention, and payments risk management.

Terri is an Advanced Certified Anti-Money Laundering Specialist, an At-Risk Adult Crime Specialist and an Accredited ACH Professional. Prior to founding Secura, Terri served as co-founder of Payments Information Circle (PIC), Prior to her work at PIC, Terri served as the President of GACHA, a non-profit, regional payments association. Terri began her career in payments as a Senior Analyst with the Federal Reserve Bank of Atlanta where she provided training throughout the Sixth District and served on the Federal Reserve ACH Conversion Team that consolidated ACH Services for all branch locations in the Sixth District. Terri has been an instructor for BankersHub for almost ten years.

Register Now Pay By Check

Understanding Human Trafficking for BSA/AML Compliance: Deconstructing the Trafficker

Register Now

BSA and Human Trafficking

Human trafficking is one of the most horrific and profitable crime problems we confront.  Alarmingly, human trafficking is hiding in plain sight, in every corner of society.  Like many criminal activities, finance is a major area of vulnerability to human traffickers.  Anti-money laundering compliance professionals are in a prime position to disrupt human trafficking.  What’s required is becoming situationally aware of the physical and financial warning signs of identifying and deconstructing human traffickers.

Deconstructing a trafficker to prevent and/or disrupt human trafficking requires understanding.  You must understand the risk, the mindset of a trafficker, the attributes of a trafficker, the crime problem and the consequences of trafficking.  When you can place risk, mindset, and attributes to this heinous crime driven by opportunity, you can develop detective and preventive measures to deconstruct a trafficker.

In promoting awareness to human trafficking this BSA/AML webinar will:

  • Define what ‘human trafficking’ is
  • Stress going beyond awareness to recognizing “a” problem to becoming situationally aware of “the” problem
  • Break down the attributes of traffickers in order to diminish opportunity
  • Present examples of proactive initiatives that banks are taking to address this scourge
  • Make financing a major vulnerability for traffickers

Pricing

$249 for Webinar and Playback*
*Playback has no expiration and may be shared internally

Dates of Event

Friday, October 26, 2018

  • 2:00 – 3:00 pm (Eastern Time)
  • 1:00 – 2:00 pm (Central Time)
  • 12:00 – 1:00 pm (Mountain Time)
  • 11:00 – 12:00 pm (Pacific Time)

Credits

1.2 AAP Credits
1.0 CPE Credits

Your Speaker(s)

Dennis Lormel
Founder, DML Associates

About the Speaker

Dennis M. Lormel is a recognized subject matter expert in the anti-money laundering, terrorist financing, and fraud communities. Mr. Lormel is an accomplished speaker and is routinely engaged to provide training at industry conferences. In addition, he frequently participates in media interviews that reach both the U.S. and international markets. This exposure and his vast experience in the law enforcement and consulting fields have afforded him the opportunity to develop a unique and diverse network of colleagues and clients.

After the tragedy of 9/11, Mr. Lormel realized that the terrorists needed a financial infrastructure to accomplish the attacks. He immediately established an investigative organization within the FBI that, within days, identified the funding stream that supported these attacks. This is but one example of his expertise in assessing and establishing viable and effective recommendations that produce results.

Register Now Pay by Check

BSA/AML Mile High Summit – 6 Sessions from Indep Bankers Colorado

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          6 Online Sessions Live-Streaming from Federal Reserve Denver

Indep Bankers of Colorado BSA ImageThe formal requirements for financial institutions and money service businesses under the Bank Secrecy Act are no less important today than they were in 2001, when the USA Patriot Act substantively transformed the anti-money laundering landscape.  In fact, examining agencies appear to be increasing the scrutiny applied to the compliance programs of financial institutions and money service businesses.

The goals of this full day series of online BSA seminars are to:              

  • Help you adopt improved BSA/AML practices;
  • Establish stronger internal controls; monitor appropriately for weaknesses; and
  • Provide training to key leaders involved with BSA/AML .

This dynamic, information-packed, one-day Summit will provide you with what you need to know about BSA/AML.

Register for individual sessions below, or save $$ and pay just $549 for all 6 informative discussions streamed live to you as they happen!  You can register right here at BankersHub to watch this event LIVE from the comfort of your own office AND receive recorded playbacks within 24 hours of the event ending. The playbacks may be stored or shared internally and do not expire. be able to send your questions in during the event for the panels and speakers to address real time.

Please note the times below are all in EASTERN TIME. Also CAMS and CPE credits ARE available and approved for these events.

Also, if any of the times aren’t convenient, please remember that EVERY BankersHub event registration includes the recorded playback for FREE!

1 – Bridging the Gap Between Information Security Officers and BSA/AML Officers 2 – Regulator Panel 3 – Vision 2020 – Who, What, When and Why 4 – Evolution of Terrorist Financing Methods: From Hawala to Virtual Currency 5 – Challenges of Providing and Managing Financial Access for High Risk Customers 6 – Sanctions Compliance for Community and Regional Banks

The partnership between the Information Security Officer (ISO) and the BSA Officer is crucial to the success of the financial institution’s BSA program. Bringing ISO and BSA Officers together can ensure that the best and most efficient use of data is being attained. As the latest technologies and techniques are brought in, BSA Officers need to educate ISOs as to what they are looking for in the data being generated and ISOs can educate BSA Officer in getting the most out of the technology being used.

Representatives from each of the federal regulatory agencies and the Colorado Division of Banking are invited to give a review of their agencies’ current philosophies and practices. They will provide an overview of their agency’s current approach to BSA/AML examinations and you will have an opportunity to ask questions and participate in give and take discussions. This is your chance to discover what the focal point of your next on-site examination might be.

Vision 2020 represents a series of initiatives enabling states to move towards an integrated, 50-state system of licensing and supervision for non-banks, including FinTechs. Among the initiatives:

  • a Fintech Industry Advisory Panel to identify pain points and recommend solutions;

  • a next generation technology platform to streamline licensing and supervision;

  • and state efforts to harmonize their practices

Terrorism is a centuries old problem. It has evolved with time. Likewise, methods of terrorist financing have evolved with time and technology. From hawala to virtual currency, whether its cash or bitcoin, funding mechanisms have evolved. The one constant is that terrorists require funds to sustain their operations. They will take advantage of every funding source and every funding mechanism they can to gain access to finances. This compelling session will discuss a variety of terrorist financing mechanisms and how they have evolved in 2018 to facilitate terrorist operations. This banking webinar will also discuss funding sources and the funding streams terrorists use to access finances to sustain their operations.

  • Identify and promote awareness of funding mechanisms used by terrorists

  • Discuss and promote awareness to how the sources of funds move through funding mechanisms to support terrorist operations

  • Demonstrate how to disrupt terrorist financing mechanisms

Balancing the desire to provide banking services to entities characterized as “high risk” by regulators and law enforcement, with the seemingly ever-changing compliance obligations of managing oversight continues to challenge the AML community. As Congress and the federal agencies continue to review this environment, this session will cover the state of play with so-called derisking, the various reports and guidance that compliance officers are considering and a discussion of possible solutions.

The sanctions landscape is evolving and becoming more challenging and complex than ever before. Increasing globalization means financial institutions and money service businesses are generally exposed to greater sanctions risks, operational and oversight challenges, and obligations to comply with sanctions administered by multiple jurisdictions and agencies.

10:30 – 11:30 am ET 11:30 – 12:45 pm ET 1:00 – 2:00 pm ET 3:30 – 4:30 pm ET 4:45 – 5:45 pm ET 5:45 – 6:45 pm ET

Register Session 1 ONLY

Register Session 2 ONLY Register Session 3 ONLY Register Session 4 ONLY Register Session 5 ONLY Register Session 6 ONLY

Pricing

$549 for all 6 Webinars and Playbacks*
$249 for individual Webinars with Playbacks*
*Playback has no expiration and may be shared internally. All customers receive playback link regardless of whether they attend.

Date of Event

Tuesday, July 24, 2018

Credits Available

  • AAP
  • CPE
  • ACAMS
  • ICB – CRCM

Register Now Pay By Check

Documenting Your BSA/AML Risk Assessment

Register Now

There is an increase in regulatory scrutiny over how financial institutions document their BSA/AML risk controls in the risk assessment. Even though financial institutions have been documenting risk assessments over a long period of time, the expectations have moved from a generalist approach to a more meaningful and specific approach that truly outlines the specifics of the BSA/AML program. Regulators look to the bank to provide strong evidence that the risk assessment represents the BSA/AML program including services, geography, and customer types. Meaningful risk assessments are essential in a bank’s ability to defend its BSA program.

This BSA Webinar will cover:

  • Review of the BSA/AML Risk Assessment Regulatory Requirement
  • Outline of a Strong BSA/AML Risk Assessment
  • Common Audit Findings in BSA/AML Risk Assessments
  • BSA/AML Risk Assessment Reporting Requirements

Who Should Attend?

  • BSA Officers and Staff
  • Compliance Officers
  • Internal Auditors
  • Risk Managers
  • Senior Management
  • Executive Management
  • Enterprise Risk Management

Pricing

$249 for Webinar and Playback*
*Playback has no expiration and may be shared internally

Dates of Event

Wednesday, March 21, 2018

  • 2:00 – 3:00 pm (Eastern Time)
  • 1:00 – 2:00 pm (Central Time)
  • 12:00 – 1:00 pm (Mountain Time)
  • 11:00 – 12:00 pm (Pacific Time)

Credits

  • 1.2 AAP Credits
  • 1.0 CPE Credits

Your Speaker(s)

Terri Sands AAP
Founder, Secura Risk Management

Terri Sands

Register Now Pay by Check