ACAMS’ 4th Annual Seminar on Enhanced AML and Financial Crime Tools and Techniques

The Association of Certified Anti Money Laundering Specialists (ACAMS) will be having their highly anticipated KL Seminar On AML & Financial Crime Compliance which aims to provide the latest and most relevant regulatory issues as well as the most up to date practitioner’s perspective within AML and Financial Crime Compliance, both regionally and internationally. At the 2016 KL Seminar, 29 participants from our industry attended this event.  

For those interested to attend this year’s event, the details of the ACAMS’ 4th Annual Seminar on Enhanced AML and Financial Crime Tools and Techniques are as follows:

Date                        :  Wednesday 17 May 2017

Time                       :  9.00am to 5.00pm

Venue                    :  Hilton Hotel, Kuala Lumpur Sentral

Participant Fees:  ACAMS Member Fee : USD325

Non – ACAMS members: USD350

Special discount for MAMSB members : USD295

Note: The above rates apply for those who register and pay by the 31st of March 2017

CAMS graduates who attend will accrue 6 credits towards their recertification points.

How To Register:

  • Please complete the attached registration template (excel file)
  • Email the completed template to office@mamsb.org.my
  • Please do not make any payment at this point
  • ACAMS will issue an invoice and only then payment is to be made

 KL Seminar Agenda:

Regulatory Update: Compliance Strategies for New Rules and Guidance

  • Updating on the current changes in Malaysia’s AML regulatory framework
  • Preparing for the Impact of the 4th-Round of FATF Mutual Evaluations on Your AML Program
  • Meeting upcoming FATCA Deadlines on gross proceeds payments and strategizing for the upcoming OECD common reporting standard (GATCA) implementation

Updating AML Models to Meet Global Ultimate Beneficial Ownership (UBO) Standards

  • Tailoring on-boarding and due diligence policies to flag potential UBO exposure
  • Using global data sharing and public registers to enhance monitoring for UBO risks
  • Creating internal systems to assure UBO alerts are escalated, investigated and resolved

 

Reviewing Key Lessons From Recent Global AML Regulatory Actions

  • Exploring key elements of recent enforcement actions, e.g. Mega ICB and ABC
  • Understanding the signs and red flags that foreshadow trouble, e.g. BSI and Falcon Bank
  • Analyzing and extracting lessons from important cases

Afternoon Interactive SANCTIONS WORKSHOP

Part I: Strengthening Compliance Oversight with a Risk-Based Approach

  • Tailoring sanctions compliance models to reflect unique institutional risks based on business lines, client profiles, geographic issues and transaction patterns
  • Utilizing emerging technologies to enhance entity resolution and provide robust implementation of sanctions changes

Afternoon Interactive Workshop -Part II: Strengthening Compliance Oversight with a Risk-Based Approach

  • Integrating sanctions oversight into existing culture of compliance with staff training on identifying red flags, updating risk assessments and conducting enhanced due diligence
  • Performing independent sanctions model testing to ensure systemic integrity and identity and resolve any compliance oversight deficiencies
MENU
Menu