4th BACEE Anti-Money Laundering Compliance Conference October 13, 2010

The Conference addresses US and EU practices and regulation, as well as special problems characteristic for the CEE region. It aims at delivering the most up-to-date information on AML compliance and practical solutions to help organizations in the financial services industry save time and money. It focuses on the key AML threats and compliance challenges which bankers, insurance executives and agents, attorneys, accountants, auditors, investment consultants, IT experts, broker-dealers, enforcement agents and government examiners face in today’s tough economic environment. Speakers include representatives of FIUs from EU and CEE, bankers and experts in the AML/Compliance area.

CONFERENCE OUTLINE

The current economic crisis has created pressure for all companies to limit their budgets while increasing efficiency. However, regulators aren’t lowering their expectations of financial institutions’ AML/CFT compliance programs. Following last year’s success the 3rd BACEE Anti-Money Laundering Conference aims at delivering the most up-to-date information on AML compliance and emerging best practices as well as practical solutions to help organisations in the financial services industry save time and money. It will focus on the key AML threats and compliance challenges which bankers, insurance executives and agents, attorneys, accountants, auditors, investment consultants, IT experts, broker-dealers, enforcement agents and government examiners face in today’s tough economic environment.

The conference will address issues of significant importance to financial institutions, including:

• Evolution of AML/FTP universe: Financial Sector and the rest of industries: main concerns


• How to monitor PEPs, Financial Crime and Corruption: International scope


• Applying Due Diligence on KYC Policies: Simplified, Usual and Enhanced Due Diligence


• Internal Audit , External expert and Supervisors: Defining Roles


• Top Management Implication and responsibilities on AML/FTP: Board of Directors, Audit & Compliance Committee & AML Unit


• The fight against the financing of Terrorism: one real approach


• The role of FIUs, co-operation with commercial banks


• CEE specifics – case studies and first-hand experience by banks in the region

Conference information provided by konferenciakalauz.hu

Official Website: http://www.bacee.hu/eventstocome.aspx