Mumbai - July 10- July 11, 2013 With a zero tolerance level in Money Laundering and associated large regulatory penalties for non compliance, Banks and other Financial Institutes are spending immense time, effort and money to achieve compliance. Needless to say, it is still not enough. The Black Swan can enter into any Financial Institute’s Branch on any given day and sting the Bank by surprise. The implementation of a formal and a structured AML Mitigation and oversight system and processes that effectively identify, assess, and manage such risk within acceptable levels is a challenge. Therefore, awareness about the menace of money laundering and thorough understanding of the antimony laundering process and its current trends at all levels of staff of a bank/FI are ever growing necessities. Awaiting your valuable nominations/enquiries to make the programs mutually beneficial and successful. Please email [email protected] or contact at 98337 67114 for more details. Program Highlights Let the experts guide you on the best practices in Anti Money Laundering Perspective from RBI, FIU- IND, Income Tax and more Global regulations around AML/KYC Indian regulations and latest reforms How to avoid any kind of surprises Linking AML compliance to Reputation Risk, Social Media Risk Dodd Frank Act, US Patriot Act What it takes to say “NO” to profitable and abundant business Speakers and Panelist Guest speakers from Regulatory Authorities Risk Management and Banking Experts Manoj Jain, Director and Co Founder, Riskpro India Hemant Seigell, Director, Riskpro India R Muralidharan, ex DGM - Risk Management, Bank of Maharashtra Hemlatha Mohan, ex Country Head ORM, ING Vysya Bank Prasanna Rath, ex Head of Risk, TAIB Bank, Bahrain Prominent AML experts as panelist Some of Riskpro’s Training Clients Course Pricing, Dates and Location Rs 9,500 plus Service Tax (Corporate discount for four or more nomination from the same organisation - 10%) July 10-July 11, 2013 - 2 days Location – The Mirador Hotel, Andheri East – Mumbai (themirador/) Detailed Agenda Day 1:- Emerging Challenges, implications and Introductions 8:30 Registration 9:30 Welcome Address Guest speaker 10:00 Global emerging challenges in Money laundering efforts Global perspective to AML Latest developments in AML/KYC 10:45 What’s New and Recent Regulatory Developments in AML and FATF (Indian and International perspective) Regional perspectives from the USA, UK and Asia on enforcement and the impact of money laundering. Prevention of Money Laundering Act (PMLA)- Overview and Key Provisions Recent developments in Indian regulations, PMLA updates RBI Guidelines for KYC and AML SEBI Guidelines for KYC and AML 11:30 Break and Refreshments 11:45 Introduction to Money Laundering Define money laundering and terrorist financing Identify the principal sources of laundered money Identify the reasons why criminals launder money Recognize the consequences of money laundering Post 9/11 International Convergence on prevention of money laundering 12:30 Know Your Customer Basics Define the KYC policy Identify the principal elements of the KYC policy Identify the risks of not implementing the KYC policy 13:30 Lunch and Networking Break 14:30 Customer Profiling / Risk Profiling Objectives of customer identification in a KYC policy the challenges for business in establishing beneficial ownership Understand the typical higher risk and lower risk customer profiles Recognize higher risk and lower risk customer profiles Politically Exposed Person (PEP) Risk Nature and impact of blacklists Examples of high risk customers and AML vulnerabilities 15:30 Networking and Short Tea Break 15:45 US Patriot Act, Dodd Frank and other international regulations addressing AML Key aspects of US Patriot Act Recent international Money laundering cases UK Bribery Act 16:45 Compliance Culture and strengthening Compliance Risk Management Robustness of compliance risk management Round the year AML trainings and awareness Staff accountability and disciplinary action 17:30 Open Forum / Q& A 18:00 End of Day One Day 2:- Strategies to Combat AML and Terrorism 9:15 Welcome Address Guest speaker 10:00 Recognising and Reporting Suspicious Activities Recognize suspicious activities Red Flags for Money Laundering Activity Reporting requirements as per PMLA Increasing data quality and improving AML Analytics 11:30 Break and Refreshments 11:45 Designing an effective AML Framework – Banking Perspective 10 strategies to mitigate International Money Laundering Risks How to build and maintain effective AML and Sanctions controls Addressing AML in Institutes with multi country setup How Can Auditing AML activities strengthen AML Compliance? Integrating FCPA and Anti Bribery frameworks in AML strategies 13:30 Lunch and Networking Break 14:30 Use of AML Technology to detect money laundering Software demonstration of latest technologies Role and functions of such technologies in compliance and operational risk management Best Practices to Improve AML Audit Processes 15:30 Networking and Short Tea Break 15:45 Designing an effective AML Framework – NBFC and Insurance Perspective Third party product. Sale of products and addressing black money Strengthening regulation for Non Banking Institutes. 17:00 Whistle Blowing, Corporate Governance and Money Laundering How to Integrate AML efforts whistle blowing framework Strengthening corporate governance framework to address Money Laundering and KYC violations 17:30 Open Forum / Q& A 18:00 End of Program
Posted on: Wed, 12 Jun 2013 17:15:24 +0000
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