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  • ANTI-MONEY LAUNDERING & FINANCIAL CRIME PREVENTION VIRTUAL CONFERENCE: AN IN-DEPTH REVIEW OF THE KEY RISKS

ANTI-MONEY LAUNDERING & FINANCIAL CRIME PREVENTION VIRTUAL CONFERENCE: AN IN-DEPTH REVIEW OF THE KEY RISKS

Date: 20 October 2021
Time: 09:30 - 13:00

Virtual
Cayman Islands  
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  • Summary

Join the Event from Wherever You Are

There will be 3 CPD credit hours offered for attending this conference

BDO Employees: $195USD
General Attendees: $220USD

 

This conference aims to provide a comprehensive review into the Caribbean AML landscape:

During our May 2021 AML webinar events we discussed at high level Where We Are & Next Steps and The Impact of Technology on AML Compliance based on some of key risk drivers in the region.

What makes AML a challenge for many businesses today is the complexity of data, technology (artificial intelligence and machine learning algorithms), detailed workflows, and significant human involvement. During this Conference, we aim to provide a deep dive into critical areas where important issues are identified and where the volume of investigations are focused on most AML processes:

  1. Risk Assessment Approach - threat tiers based on the evaluation of the risk they pose plus due diligence process.
  2. Policy Management - develop and implement internal guidelines regarding ML/TF risks and maintain regulatory compliance.
  3. Country Risk Assessment - models developed by BDO, including the World Bank and International Monetary Fund (IMF), the FATF guidance and views expressed in consultation with key stakeholders of the Eastern Caribbean's AML/CFT regime.
  4. Source of Wealth/Funds – factors determining the legitimacy of a client's source of funds and source of wealth.
  5. China Challenges – Specific AML risks and concerns when dealing with Chinese clients.
  6. Combatting Human Trafficking and Trade-Based Money Laundering (TBML) across the Caribbean.
  7. AML System Verification, Validation & Monitoring
  8. Cyber Security & Data Privacy
  9. Assessing AML Technology (Auditing)

 

Event Schedule:

Start time: 9:30 am (EST)

Opening & Introduction

10 mins

AML and Financial Crime Prevention
post Covid 19 - a Caribbean Perspective

45 mins

Break

10 mins

Workshops A - D

90 mins

Break

10 mins

Discussion Panel

40 mins

Closing remarks

5 mins

 

 Workshops A- D

Speakers

Workshop

Subject areas

Heidy Duarte 

John F. Tobon

A

China Challenges – Specific risks when dealing with Chinese clients.

Combatting Human Trafficking and TBML across the Caribbean.

Kimberly Smith 

Angela Mele

B

Policy Management - develop and implement internal guidelines regarding ML/TF risks and maintain regulatory compliance.

Source of Wealth/Funds – factors determining the legitimacy of a client's source of funds and source of wealth.

Helen Hatton

Andrea St. Rose

Marilu Jimenez

C

Risk Assessment Approach - threat tiers based on evaluating the risk they pose + due diligence process.

Country Risk assessment - models developed by BDO, including the World Bank and IMF, the FATF guidance and views expressed in consultation with key stakeholders of the Eastern Caribbean's AML/CFT regime.

Daniel Burget

Jorge Santiago-Escobar

Richard Carty

D

AML System verification, validation & monitoring

Cyber Security & data privacy

Assessing AML Technology (Auditing)

 

Who should attend?

Especially relevant to those involved in AML compliance, this event is also aimed at:

  • Chief Compliance Officers
  • Chief Technology Officers
  • Money Laundering Reporting Officers
  • Money Laundering Compliance Officers
  • Chief Risk officers
  • Board of Directors
  • Fraud Officers
  • Technology Directors
  • Those with interest in AML compliance

 

 

Speakers

Names

Titles

Damon Greber

Director, Risk Advisory Services (HOST)

Richard Carty

Director, Risk Advisory Services

Heidy Duarte

Director, Advisory, Forensic Investigations and Litigation Services

Marilu Jimenez

President FincAdvisor

John F. Tobon

Special Agent in Charge Home Land Security & Investigations

Jorge Santiago-Escobar

Director, Risk Advisory Services

Dan Burget

Director, Forensic Investigations and Litigation Services (FILS)

Kimberly Smith

Co-Founder, Compliance Management, SILO Compliance System

Angela Mele

Director, Compliance Management, RiskPass AML+Compliance Ltd

Jie Jiang

AML Compliance Team Lead, Risk Advisory Services

Helen Hatton

Consultant, Advisory

Andrea St. Rose

Head of Tax and Advisory