Phone: 212-851-8414
Fax: 212-851-8405

Anti-Money Laundering

Date: Tuesday, October 11, 2011
Time: 8:30 a.m.–5:00 p.m.

Location: Downtown Conference Center
157 William Street, New York, NY 10038

Instructors:
Alma Angotti
Sandra L. DePoalo, Bank of NY Mellon
Alison Morpurgo-Cotter, UBS
Tim O’Neal Lorah, Morgan Stanley
Alan Sorcher, Deloitte Financial Advisory Services

Fee: $1195.00

Download Course Agenda

This Anti-Money Laundering training course (AML) addresses a wide range of issues. The curriculum covers the requirements of USA Patriot Act and Bank Secrecy Act, including the roles and responsibilities of compliance officers within banking and brokerage firms and enhanced due diligence obligations.

Learning Objectives:

Understand the scope, implications and consequences of The USA PATRIOT Act, Bank Secrecy Act and regulatory rules
Review risk-based client evaluation and acceptance programs
Define the elements of a model Anti-Money Laundering (AML) compliance program
Discuss suspicious activity reporting: broker-dealer responsibilities and best practices
Learn techniques and tips for monitoring customer activities and complaints
Explore Anti-Money Laundering (AML) compliance officer responsibilities and necessary behaviors

Who Should Attend:

Anti-Money Laundering (AML) compliance professionals, regulators, in-house counsel, and attorneys.

Anti-Money Laundering Training - Course Agenda

8:00 am – 8:30 am	Registration and Continental Breakfast
8:30 am – 9:45 am	AML Rules and Regulations - Tim O’Neal Lorah, Morgan Stanley Money laundering defined USA PATRIOT Act Roles and responsibilities of government, regulatory and law enforcement authorities in preventing money laundering Effective monitoring to detect and prevent money laundering Regulatory exams and reviews: what you might expect Suspicious Activity Reports
9:45 am– 10:00 am	Break
10:00 am –12:00 pm	Compliance Program Requirements: Rule 3310 History of rules Overview of Rule 3310 Rule 3310 and the Bank Secrecy Act Exam expectations and enforcement actions Elements of a model AML Compliance Program Firm policy AML Compliance Officer Suspicious activity – monitoring and reporting CIP Independent testing Employee Training
12:00 pm – 1:00 pm	Lunch
1:00 pm – 2:45 pm	Customer Due Diligence Requirements and Risk-based Program - Alison Morpurgo, UBS and Sandra DePoalo, Bank of New York Mellon Overview of Customer Due Diligence Requirements Understanding industry and client risk factors Establishing a risk-based customer evaluation and acceptance program Verifying customer identity Monitoring high-risk clients and transactions Obligations related to correspondent and private banking accounts OFAC Developing an effective Anti Money Laundering compliance program
2:45 pm – 3:00 pm	Break
3:00 pm – 4:30 pm	Current Hot Topics - Alan Sorcher, Deloitte Financial Advisory Services Understanding FinCEN and how it coordinates with other regulators Key Rules and Issues - Cross-border payments, Prepaid Cards, Beneficial Ownership What to Look for Down the Road Financial reform – what is the impact, if any? Wrap up and Q & A

Programs

Programs consist of access to private online groups. In-person classroom training features presentations, real-life case studies, exercises, and lively discussions.

Volume Discounts

Receive a 10% discount when three or more employees register for the same course at the same time. Groups of ten or more receive a 15% discount.

Upcoming Courses

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