Day 1 - Tuesday, February 26, 2019

7:30
Registration opens and refreshments served
8:30
Opening remarks from Co-Chairs
8:45

KEYNOTE

Exploring an Open Banking System
9:30
A Primer on the Regulation respecting the application of the Consumer Protection Act – Getting Ahead of Anticipated Consequences to FRFIs
10:15
Networking refreshment break
10:30
Going Beyond Marcotte – Building a Robust Compliance Program
11:45
Taking Stock of Your Loyalty Programs – Ensuring that Your Customer Appreciation Programs are Staying Compliant
12:15
Networking luncheon
1:15

KEYNOTE

Financial Consumer Agency of Canada’s Annual Payments Update
2:00
Combatting Fraud in Payment Systems
2:45
Networking refreshment break
3:00
Managing Data Breach Risk from the Get-Go – Practical Strategies to Protect Your Customers
3:45
Recovering from the Worst-Case Scenario – Lessons Learned from Past Cybersecurity Breaches
4:30
Closing Remarks and Conference Adjourns

Day 2 - Wednesday, February 27, 2019

8:15
Registration Opens and Refreshments Served
9:00
Opening Remarks from Co-Chair
9:15

KEYNOTE

Addressing the Realities of Modern Transactions Through Updates to the PCMLTFA
9:45
Do You Know Who You’re Transacting With? New Expectations Regarding Due Diligence and Customer ID Verification
10:45
Networking refreshment break
11:00
Defining a “Virtual Currency” and the Consequences for Your Compliance Program
11:45

PANEL

The Changing View of OpenLoop Pre-Paid Cards — Moving to the “Bank Account” Mindset
12:30
Networking Luncheon
1:30

PANEL/Q&A

FINTECH LEADERS ROUNDTABLE
2:15

PANEL

Can Blockchain be Used to Decrease your Organization’s Exposure to Transactional Risk?
3:00
Looking Forward — the Potential of Open Banking
3:45
Closing Remarks and Conference Concludes

Day 1 - Tuesday, February 26, 2019

7:30
Registration opens and refreshments served
8:30
Opening remarks from Co-Chairs
8:45

KEYNOTE

Exploring an Open Banking System

Spotlight on Bill 134 and its Cross-Canada Consequences

With the National Assembly’s adoption of Bill 134, the consumer protection landscape has changed across the country. No financial institution who wishes to do or maintain business in the province of Quebec can afford to ignore or misunderstand
the ramifications of these new legislative changes to their payments compliance program.

Join our speakers for an in-depth examination of the changes wrought by Bill 134, as well as the practical strategies financial institutions must implement in order to avoid running afoul of regulators

9:30
A Primer on the Regulation respecting the application of the Consumer Protection Act – Getting Ahead of Anticipated Consequences to FRFIs

Christopher Richter
Partner
Torys LLP

  • Updated requirements for credit card issuers — change in notice provisions and documentation requirements when issuing new credit
  • Floating vs. fixed rate high-cost credit cutoffs — consequences of inter-provincial differences when delineating high credit regimes
  • Due diligence when issuing credit — meaningfully assessing whether a potential customer meets Quebec’s repayment threshold

10:15
Networking refreshment break
10:30
Going Beyond Marcotte – Building a Robust Compliance Program

Chris Bradley
Assistant General Counsel
BMO

  • Taking stock of your existing compliance program — robust auditing strategies to identify where your compliance program is missing the mark
  • Paramountcy is paramount — navigating the requirements of both federal and provincial regulators
  • Gearing your program up for July 2019 – ensuring you’ll be ready when the updated regulations come into force

11:45
Taking Stock of Your Loyalty Programs – Ensuring that Your Customer Appreciation Programs are Staying Compliant

Suhuyini Abudulai
Partner
Cassels Brock LLP

In-house counsel TBC
 

  • Identifying whether your loyalty program is exempt from new regulatory practices
  • Harmonizing your loyalty points rules and regulations with contradictory legislation across Canada
  • Creating your customer appreciation program checklist — the critical documentation and communications you need to be sending to keep your customers and regulators happy

12:15
Networking luncheon
1:15

KEYNOTE

Financial Consumer Agency of Canada’s Annual Payments Update

Philippe Pellerin
Manager, Supervision and Enforcement
Financial Consumer Agency of Canada

2:00
Combatting Fraud in Payment Systems

Louis Davis
Director, Product Portfolio – Core Payments
Moneris

Any payments compliance program is only as strong as your organization’s ability to identify potential threats to your bottom line. Join our speakers for practical advice on how your compliance team can ensure that your transactions are wholly above board. Topic to be discussed include:

 

  • Classic “red flags” to watch out for
  • Leveraging your cross-functional compliance and technology teams to develop powerful detection techniques — pooling knowledge from your AML, regulatory compliance, payments, and technology teams for best results
  • What to do if you discover a “hit” — documentation and reporting best practices when a transaction appears suspect

2:45
Networking refreshment break
3:00
Managing Data Breach Risk from the Get-Go – Practical Strategies to Protect Your Customers

  • Aligning your security strategy with the PCI Council standards – getting your technology and legal team on the same page
  • Accurately identifying what sensitive information is being captured and how that information could become a problem in the case of a breach
  • Delineating where liability for data breaches can fall
  • Insuring yourself against cyber risk – insurance and coverage options when looking to limit liability

3:45
Recovering from the Worst-Case Scenario – Lessons Learned from Past Cybersecurity Breaches

Dominic Vogel
Chief Security Strategist
Cyber.sc

  • Effectively and proactively communicating with your clients – avoiding the perception of inaction
  • Post-breach assessments of your cybersecurity strategy – honestly appraising your gaps and strengths
  • Key takeaways from the most notorious cybersecurity lapses – how to recover with aplomb and what NOT to do

4:30
Closing Remarks and Conference Adjourns

Day 2 - Wednesday, February 27, 2019

8:15
Registration Opens and Refreshments Served
9:00
Opening Remarks from Co-Chair

Deep Dive Into the Draft Amendments to the Proceeds of Crime (Money Laundering) and Terrorist Financing Act 2018

9:15

KEYNOTE

Addressing the Realities of Modern Transactions Through Updates to the PCMLTFA
9:45
Do You Know Who You’re Transacting With? New Expectations Regarding Due Diligence and Customer ID Verification

Caitlin Riddolls
Vice President and Deputy Global AML Officer, Canadian Banking & North American Direct Channels
TD Bank

  • Third-party and foreign affiliate verification – best practices when making use of external identification verification
  • Can you scan? Updates to the documentation standards for customer IDs
  • Identifying exempted “low risk customers” – delineating between those that do and do not require more stringent methods of verification
  • Accurately identifying “beneficial owners” of an organization – strategies for ensuring your domestic and international business partners are honestly representing their ownership

10:45
Networking refreshment break
11:00
Defining a “Virtual Currency” and the Consequences for Your Compliance Program

While the 2014 updates to the PCMLTF made an effort to capture the regulation of virtual currencies, that effort was held back by the lack of a widely acceptable definition of what constituted a “virtual currency.” Join our speakers for a discussion on how you can identify whether a method of exchange as falling under the virtual currency regulations. Learn key strategies to prevent transacting with prohibited companies or persons using virtual currency as a means of tax evasion, terrorist financing, or money laundering.

11:45

PANEL

The Changing View of OpenLoop Pre-Paid Cards — Moving to the “Bank Account” Mindset

Jacqueline Shinfield
Partner
Blake, Cassels & Graydon LLP

Updates to the PCMLTFA will significantly alter the regulatory expectations placed on open-loop prepaid card providers. Learn from our speakers how to implement your new prepaid compliance regime. Ensure that your clients and consumers are still obtaining the access to prepaid services that they need, while your organization remains in the good graces of financial regulators.

12:30
Networking Luncheon
1:30

PANEL/Q&A

FINTECH LEADERS ROUNDTABLE

Moderator:

Sue Whitney (invited)
Head of Industry Relations
Payments Canada

Hear directly from FINTECH leaders on their plans for revolutionizing the payments landscape, and the lessons they are taking with them into the next few years.

2:15

PANEL

Can Blockchain be Used to Decrease your Organization’s Exposure to Transactional Risk?

Usman Sheikh
National Head – Blockchain & Smart Contract Group and National Litigation Lead – Securities, Compliance & Investigations
Gowling WLG

While the rise of cryptocurrency and blockchain technology has been the subject of fascination of many financial experts, virtual currencies and innovative distribution models still remain a risky proposition to many regulators and financial
institutions. Join our panelists for a frank discussion about the real and perceived benefits and risks of leveraging cutting edge payment methods in your practice.

3:00
Looking Forward — the Potential of Open Banking

Dan Dickinson
Chief Digital Officer
Equitable Bank

As customers demand ever-increasing access to their own data, the challenge of ensuring that their data is protected becomes increasingly difficult. Hear from experts in Open Source financial transactions on the potential benefits and drawbacks of moving to an open banking framework:

  • Protecting data security while encouraging access and mobility
  • Leveraging the power of third-party apps to increase customer engagement
  • Potential drawbacks of the open banking model – can responsible lenders ensure that their customers are not being targeted by predatory lenders?
  • Case studies from the EU and the UK – what are the early ripple effects of the adoption of the earliest stages of Open Banking across the Atlantic?

 

3:45
Closing Remarks and Conference Concludes

Pre-Conference Workshop: Demystifying Cryptocurrency and the Blockchain for Compliance Professionals

Feb 25, 2019 2:00pm - 5:00pm

$395

What is it about?

Registration Opens at 1:30 pm

Crytocurrency and blockchain have become the watchwords for financial institutions and consumers alike. But in systems that are used to traditional financial instruments, how can payments compliance professionals ensure that they’re staying abreast of the rapid changes wrought by crypto and blockchain technologies?

Join our speaker for a session designed to ensure that your team’s knowledge of the mechanisms and structures behind crypto and blockchain are as up-to-date as your compliance strategies.

  • Defining virtual and cryptocurrencies — the consequences for your compliance regime
  • Overview of the basic structures and mechanisms that distinguish blockchain payments
  • Going beyond the buzzwords — new regulatory practices to adopt in the era of cryptocurrency
  • Ensuring that your team is up-to-date — getting rid of the stigma of not understanding “the blockchain”