Pre-Conference Workshops

Workshop A — Ensuring Your Organization is Regulator Ready: How to Plan and Pass Your Exam

Jul 13, 2020 9:00am – 12:00pm

Speakers

Sandeep Sharma
CAMLO
Wells Fargo

Asad Rauf
Vice President & Chief Compliance Officer
SBI Canada Bank

Workshop B — AML Audit Training: Best Practices for Sharpening Effectiveness Testing

Jul 13, 2020 1:00pm – 4:00pm

Speakers

Andres Betancourt
Senior Audit Manager, AML ATF and Sanctions
Scotiabank

Amber Scott
CEO
Outlier

Day 1 - Tuesday, July 14, 2020

8:50
Co-Chairs’ Opening Remarks
9:15
Industry Executive Roundtable: Predictions and Insights for Shifts in the AML Landscape 2020 and Beyond
10:15

FINTRAC GUIDANCE

Implementing the Revised PCMLTFA Regime’s Reporting and Record-Keeping Requirements
11:00
Networking Break
11:30
Canada’s New AML Coordination Initiative: The ACE Team
12:30
Unravelling Recent Money Laundering and Financial Crime Schemes: Key Lessons for Your Organization
1:30
Lunch Break
2:30
New Economic Sanctions Developments to Watch: Russia, Cuba, Venezuela and Iran
3:30
Networking Break
3:45

INTERACTIVE LIVE POLLING

Analyzing Complex Decisions to File with FINTRAC
4:30
Crypto Investigations 101
5:00
Networking Reception
6:00
End of Day One

Day 2 - Wednesday, July 15, 2020

8:00

EARLY RISER SESSION

Women in AML and Financial Crime Networking
8:50
Co-Chairs’ Opening Remarks
9:00

KEYNOTE

Gaps in the AML and Financial Crime Landscape: What you Need to Know from the BC Experience and Beyond
9:45
Bolstering Canada’s AML Regime: The Case for a Beneficial Ownership Registry
10:15
Project Athena: How to Detect and Deter Casino-Based Money Laundering
11:15
Networking and Break
11:45
Using Digital ID to Transform CDD: How to Mitigate the Risks and Start the Journey Towards Implementation
12:15
Networking Lunch
12:45
The Money Services Business Compliance Checklist: How to Prepare for New Obligations Under the Amended PCMLTFA
1:30
Networking and Refreshment Break
2:30
The Data Lifecycle for AML: How to Manage and Mobilize Data More Efficiently
3:30
Focus on Regulatory Enforcement: How to Equip Your Organization to Avoid ‘Harm Done’
4:45
Conference Adjourns

Day 1 - Tuesday, July 14, 2020

8:50
Co-Chairs’ Opening Remarks

Eugenio DiMira
Head of Global Compliance, AMLATF Program
Manulife

Bob Kapur
AML Specialist

9:15
Industry Executive Roundtable: Predictions and Insights for Shifts in the AML Landscape 2020 and Beyond

John Shoemaker
VP & Chief-Anti Money Laundering Officer
Great-West Lifeco Inc.

Lisa Cinelli
VP, CCO, CAMLO
Equitable Bank

Karen Creen
CAMLO, Senior Compliance Manager
Bank of China

Moderator:

Bob Kapur
AML Specialist

  • How to create a cost-effective AML program that is low friction for clients
  • Aligning AML risk assessments with regulatory and industry changes
  • Identifying best practices for outsourcing, monitoring and reporting on risk
  • Assessing the impact of COVID-19: Setting transaction monitoring rules when customer behaviour has changed, identifying fraud risk and resource allocation when working remotely

10:15

FINTRAC GUIDANCE

Implementing the Revised PCMLTFA Regime’s Reporting and Record-Keeping Requirements
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Moish Kutnowski
Senior Compliance Officer
FINTRAC

  • Overview of new obligations for EFT data collection and retention
  • Gain clarity on stipulations of the travel rule/24-hour rule
  • Breaking-down regulator expectations, including filing deadlines for STR submissions

11:00
Networking Break
11:30
Canada’s New AML Coordination Initiative: The ACE Team

Carrie Hagerman
Director
AML Action, Coordination and Enforcement (ACE) Fusion Team

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Joel Gibbons

Canada Border Services Agency

  • Overview of the origins of this new AML initiatives
  • Financial crime coordination and international lessons learned
  • Identifying top priorities for the team in 2020 and beyond
  • How government is working together to strengthen coordination across AML partners
  • How to leverage the investigative power of a new Trade Fraud and TBML Centre of Expertise

12:30
Unravelling Recent Money Laundering and Financial Crime Schemes: Key Lessons for Your Organization

Garry Clement
President & CEO
Clement Advisory Group

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Jason Greeley
Director, Cyber Crime, Federal Policing Criminal Operations
RCMP

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Supt. Pete Payne
Director, Financial Crime
RCMP

Moderator:

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Cameron Field
Senior Manager,
AML Intelligence Liaison and Special Initiatives,
AML Financial Intelligence Unit

BMO Financial Group

  • Examining the evolution of cyber-crime; from romance fraud to ransomware
  • Analyzing money laundering and terrorist financing typologies
  • Applying lessons from public-private partnerships to internal operations
  • Global outlook: How other jurisdictions are tightening their AML/ATF regime in response to shifts in the financial crime landscape

1:30
Lunch Break
2:30
New Economic Sanctions Developments to Watch: Russia, Cuba, Venezuela and Iran

John Boscariol
Partner
McCarthy Tetrault

Neelu Shanker
Deputy Director, Operations
Sanctions Policy and Operations Coordination Division

Global Affairs Canada

Anders Rodenberg
Head of Financial Institutions & Advisory
Bureau van Dijk, A Moody’s Analytics Company

Moderator:

Stephen Alsace
Director, Global Investigations & Compliance
Guidehouse

  • Examining the current economic sanctions landscape and the impact on Canadian compliance programs
  • Eye on the U.S.: Implications of the Helms Burton Title III/ Secondary Sanctions
  • How to obtain and apply intelligence to improve your screening process
  • Understanding OFAC sanctions guidelines?

3:30
Networking Break
3:45

INTERACTIVE LIVE POLLING

Analyzing Complex Decisions to File with FINTRAC
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Michael Boole
Manager, Anti-Money Laundering – Intelligence Sector
FINTRAC

Fnan Desta
Senior Manager, Financial Intelligence Unit
BMO

  • In depth examination of complex cases to identify key indicators of suspicion
  • How to conduct open source investigations
  • Best practices for reporting

4:30
Crypto Investigations 101

Stephen Brent Sargeant
AML Investigator
Bitfinex

Dina Mainville
Director of Sales
CipherTrace

  • Conducting real-time investigations
  • Non-Face to Face Client Onboarding: Understanding global identifications and image verification tools
  • Leveraging blockchain analytics and overcoming challenges with privacy coins
  • Understanding the role of information sharing through initiatives such as Project Protect
  • Crypto Risks: Examination of suspicious indicators and typologies

5:00
Networking Reception

Stephen Brent Sargeant
AML Investigator
Bitfinex

Souzan Esmaili
Founder
TCAE

6:00
End of Day One

Day 2 - Wednesday, July 15, 2020

8:00

EARLY RISER SESSION

Women in AML and Financial Crime Networking

Lisa Cinelli
VP, CCO, CAMLO
Equitable Bank

Hear lessons learned from an industry leader during this morning session dedicated to mentorship and making new connections.
Prepare to engage in a lively discussion about career building best practices for women in AML.

8:50
Co-Chairs’ Opening Remarks
9:00

KEYNOTE

Gaps in the AML and Financial Crime Landscape: What you Need to Know from the BC Experience and Beyond

Peter German
Principal
Peter German and Associates Inc. Former Deputy Commissioner with the RCMP and Author of the “Dirty Money” Reports…

Canada points to its AML regime as an international best practice, but is it? Dr. German’s Dirty Money reports highlight gaps in legislation, institutions, and between governments which have allowed Canada to become increasingly vulnerable to domestic and international organized crime. In this session Dr. German will argue that money laundering and corruption are alive and well in Canada, requiring forceful action by governments and a committed financial community. Prepare to learn about how Canada can become a more effective partner in tackling financial crime.

9:45
Bolstering Canada’s AML Regime: The Case for a Beneficial Ownership Registry

James Cohen
Executive Director
Transparency International

  • Assessing how a beneficial ownership registry could aid AML programs
  • Status of a public beneficial ownership registry in Canada
  • Utilizing the registry in accordance with privacy requirements
  • Examination of how registries have been implemented in other jurisdictions
  • International tax collection expectations: analyzing support for beneficial ownership transparency

10:15
Project Athena: How to Detect and Deter Casino-Based Money Laundering

Kevin deBruyckere
Director, AML & Investigations
Legal, Compliance, Security

British Columbia Lottery Corporation

David Salzano
Head of Investigations, Financial Crime Threat Mitigation – Canada Compliance
HSBC

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Ben Robinson
Sergeant
RCMP

  • Strengthening information sharing between reporting entities, regulators and law enforcement
  • Moving toward bank-level processes: Transaction monitoring, KYC, Customer due diligence

11:15
Networking and Break
11:45
Using Digital ID to Transform CDD: How to Mitigate the Risks and Start the Journey Towards Implementation

Eugenio DiMira
Head of Global Compliance, AMLATF Program
Manulife

Stephen Cheeseman
Head of Business Affairs and Alliances
Thinkum

Almis Ledas
President and COO
EnStream LP

Greg Wolfond
CEO
SecureKey

  • Updated FINTRAC identification guidance and principles of identity resolution
  • Understanding key components of Digital ID systems and performing AML assessment
  • Using Identification tools to strengthen customer due diligence beyond onboarding
  • Aligning implementation of Digital ID tools with regulatory expectations of keeping information up to date
  • How to manage third party information networks and reliance on records to balance AML traceability, privacy and information security needs

12:15
Networking Lunch
12:45
The Money Services Business Compliance Checklist: How to Prepare for New Obligations Under the Amended PCMLTFA

Joseph Iuso
Executive Director
Canadian MSB Association

Jacqueline Shinfield
Partner
Blake, Cassels & Graydon LLP

  • Defining Money Services Businesses under the amended PCMLTFA regulations
  • Action items for MSBs to establish compliance for FINTRAC’s 2020/2021 timelines
  • Analyzing implications for virtual currency dealers, domestic and foreign money services businesses
  • How to comply with the travel rule

1:30
Networking and Refreshment Break
2:30
The Data Lifecycle for AML: How to Manage and Mobilize Data More Efficiently

Sara Wright
Director of AML Data Projects
Scotiabank

Drew Galow
Director, Anti-Money Laundering (AML) Model Management, Analytics and Machine Learning
BMO Financial Group

  • How to source and standardize data for AML analytics
  • Understanding how to read data and remedy deficiencies
  • Minimizing compliance risk through best practices for AML model validation

3:30
Focus on Regulatory Enforcement: How to Equip Your Organization to Avoid ‘Harm Done’

Gerry McGeachy
Principal
McGeachy Law

Matt McGuire
Co-Founder
AML Shop

  • Clarity on what constitutes harm done•Understanding AMP calculations
  • Analysis of lessons learned from enforcement trends
  • Examination of impact of PCMLTFA on regulator examinations
  • Unwritten rules being enforced

4:45
Conference Adjourns

Workshop A — Ensuring Your Organization is Regulator Ready: How to Plan and Pass Your Exam

Jul 13, 2020 9:00am – 12:00pm

Sandeep Sharma
CAMLO
Wells Fargo

Asad Rauf
Vice President & Chief Compliance Officer
SBI Canada Bank

What is it about?

FINTRAC’s new power to name and shame organizations combined with a slate of regulatory changes through the PCMLTFA has applied increased pressure on reporting entities to fine-tune their operation so that it’s regulator ready for 2020/2021. This workshop will provide guidance on what the regulator is looking for during an assessment and how to establish a defensible compliance program that makes the grade.

  • Understanding how risk assessment methodologies are applied by regulators
  • Assessing the impact of the regulations related to the PCMLTFA on your compliance program
  • How to prepare examination materials
  • Operationalizing lessons from positive and negative exam results

Workshop B — AML Audit Training: Best Practices for Sharpening Effectiveness Testing

Jul 13, 2020 1:00pm – 4:00pm

Andres Betancourt
Senior Audit Manager, AML ATF and Sanctions
Scotiabank

Amber Scott
CEO
Outlier

What is it about?

This workshop will provide auditors with the practical knowledge they need to test the effectiveness of anti-money laundering and counter terrorism financing compliance programs. Participants will learn how to measure, collect, analyze and document findings in a manner that helps organization’s address compliance deficiencies.

  • Conducting a comprehensive review of AML risk assessments
  • Establishing methodology to test policies and existing controls
  • Tailoring effectiveness testing to risk profiles for small, medium and large financial entities
  • Report writing and documentation: How to deliver an accurate, informative evidence -supported summary of findings to organizations