Schedule
The BSA/AML Conference begins at noon Tuesday, Sept. 17, and concludes at 3:15 p.m. Wednesday, Sept. 18.
Tuesday, Sept. 17
| Noon |
Registration
|
| |
|
| 1 p.m. |
Welcome, Opening Remarks and Update of AML 2024 and 2025 Provisions for AML Professionals
John Byrne, Esq., CAMS
Executive Vice President, AML RightSource
|
| |
|
| 1:30 p.m. |
Combatting Financial Crimes in Missouri – One SAR Can Stop and Save
Moderator: Steve Gurdak | Washington Baltimore HIDTA
Panelists:
Morgan Becker, Forensic Accountant | FBI
Fitz Robinson, Group Supervisor, Financial Investigations Group | Drug Enforcement Administration, St. Louis District Office
William Steenson, Assistant Special Agent in Charge | IRS Criminal Investigation, St. Louis
Hear directly from law enforcement partners in Missouri as they address emerging money laundering/fraud crimes, typologies and red flags identified in their financial investigations. Each agency will discuss its current priorities and how banks can partner with them for more effective investigations. The session will end with a robust discussion on SAR narrative best practices from a law enforcement perspective.
|
| |
|
| 3 p.m. |
Refreshment Break
candy station sponsored by
|
| |
|
| 3:15 p.m. |
Insider Abuse Prevention
David Redenbaugh, Field Supervisor | FDIC
David Redenbaugh explores why bank insiders commit fraud and shares insights from the latest fraud research. Discussion will address practical tips for preventing insider abuse and takeaways from several recent bank failures that involved fraud. |
| |
|
| 4:15 p.m. |
Refreshment Break
|
| |
|
| 4:30 p.m. |
Banking HEMP, CBD and Marijuana Businesses
Moderator: Paul Cambridge, Partner | Armstrong Teasdale
Panelists:
Kallie Dixon, Vice President - Compliance | HOMEBANK
Katie Hayes, Vice President, BSA Officer |Triad Bank
As the cannabis industry continues to grow, more financial institutions are taking on the challenge of providing financial services to these businesses. This session will weed through the challenges and expectations of providing financial services to marijuana-related banking customers. It will review the current status of marijuana at the federal level, cover the requirements at the state level and discuss some best practices seen in the industry.
|
| |
|
| 5:15 p.m. |
Reception
|
| |
|
Wednesday, Sept. 18
| 7:15 a.m. |
Buffet Breakfast
|
| |
|
| 8 a.m. |
Fireside Chat with IRS Criminal Investigation
|
| |
|
| 8:30 a.m. |
Regulatory Roundup: Updates on Regulation, Guidance and Policy
Moderator: John Byrne, Esq., CAMS
Panelists:
Derek Skidmore | Office of the Comptroller of the Currency
Brian Hipp |FDIC, Kansas City Regional Office
Danielle Warner | Federal Reserve Bank of Kansas City
Andy Meyer | Missouri Division of Finance
As the complexity of financial crimes becomes increasingly sophisticated, financial institutions continue to face heightened scrutiny with respect to their anti-money laundering compliance programs. Regulators will address the latest regulatory guidance, examination trends and examiner expectations on 2024 supervisory priorities in the BSA/AML compliance area. Regulators also will discuss best practices in preparing for an examination and addressing and remediating compliance issues identified during an examination.
|
| |
|
| 9:30 a.m. |
Refreshment Break
|
| |
|
| 9:45 a.m. |
High-Risk Customer: Strategies Behind Assessment
Sepideh Rowland, Senior Managing Director | FTI Consulting
Debra Geister, Vice President, Regulator and Compliance | Socure
This session will focus on best practices and practical steps to effectively understand and manage the risks associated with ATM operators and fintechs, including payment processors, crypto firms and non-U.S. residents and refugees from high-risk jurisdictions. |
| |
|
| 10:45 a.m. |
Refreshment Break
|
| |
|
| 11 a.m. |
Elder Financial Exploitation: The Hidden Crime
Terri Luttrell, CAMS-Audit, CFCS, Compliance and Engagement Director | Abrigo
Financial exploitation continues to be an effective form of abuse of seniors and adults with disabilities, and the number of reported elder fraud cases has grown significantly since the pandemic. Terri Luttrell discusses the red flags and provides tools to identify elder financial abuse in your community and help protect your customers and loved ones. |
| |
|
| Noon |
Lunch
|
| |
|
| 1 p.m. |
Mitigating Check Fraud: Tips from U.S. Postal Inspection Service
Michael Bruno, U.S. Postal Inspector Mail Theft Program Manager | USPIS
Check fraud attempts continue to rise, creating greater risks for banks. The U.S. Postal Inspection Service will share tips on how to combat this growing threat. |
| |
|
| 2 p.m. |
Refreshment Break
|
| |
|
| 2:15 p.m. |
Measuring the National Risk Environment for Regional Implications and Other Key Takeaways
Dennis Lormel, Independent Security and Investigations Professional | DML Associates LLC
John Byrne, Esq., CAMS
Interagency proposed rules to strengthen and modernize financial institutions’ AML/CFT programs will require all financial institutions to incorporate the 2021 government-wide eight priorities for AML/CFT policy and increase the importance of the Treasury Department’s National Risk Assessments for Money Laundering, Terrorist Financing and Proliferation Financing.This session focuses on the importance, and now a requirement, to have a robust and frequently updated risk assessment process; the evolving threat environment; and the impacts on global, national and importantly, regional and local systemic vulnerabilities. A diverse sampling of case studies will be illustrated to demonstrate the challenges to financial integrity. |
| |
|
| 3:15 p.m. |
Adjourn
|