Schedule for BSA/AML and Compliance Conferences
The BSA/AML Conference begins at noon Tuesday, Sept. 19, and concludes at 3:15 p.m. Wednesday, Sept. 20.
The Compliance Conference begins at 2:30 p.m. Wednesday, Sept. 20, and concludes at 11:45 a.m. Friday, Sept. 22.
Tuesday, Sept. 19 •
Wednesday, Sept. 20 (BSA/AML) •
Wednesday, Sept. 20 (Compliance) •
Thursday, Sept. 21 •
Friday, Sept. 22
Tuesday, Sept. 19 | BSA/AML Conference
| Noon |
Registration Opens
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| 1 p.m. |
Welcome and Opening Remarks
John Byrne, Esq., CAMS
Executive Vice President, AML RightSource |
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| 1:15 p.m. |
Emerging Fraud Trends and Typologies in Community Banking
Moderator: John Byrne, Esq., CAMS, AML RightSource
Panelists
- Michael Bruno, Program Manager — U.S. Postal Inspection
- Jill Adams, Program Manager — FBI Financial Crimes Section
- Christopher Garcia, Manager of Corporate Investigations — Commerce Bank, Kansas City
- Quentin McConkey, Loan & Security Officer — BTC Bank, Albany
This session will focus on common and emerging fraud trends affecting community banks, including mail check fraud, business email compromise, and elderly and romance scams. In addition, panelists also will discuss bank fraud program best practices to prevent, detect and report these emerging frauds.
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| 2:15 p.m. |
Break |
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| 2:30 p.m. |
Annual Missouri SAR Team and AUSA Update: 2023 Trending Money Laundering Typologies Throughout Missouri
U.S. Department of Justice
Missouri AUSA and SAR team representatives will discuss current money laundering and financial crime trends. The panelists also will present recently prosecuted money laundering and fraud cases and how financial institutions assisted in the investigations. |
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| 3:30 p.m. |
Break |
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| 3:45 p.m. |
Understanding Bribery and Corruption and the AML Impact
Moderator: John Byrne, Esq., CAMS, AML RightSource
Panelists
- Alison Jimenez, President — Dynamic Securities Analytics
- William Steenson, Assistant Special Agent in Charge, IRS – Criminal Investigation – St. Louis
This session will address and define bribery and corruption, both domestically and internationally, and discuss the financial flows and corresponding typologies to detect illicit payments within your AML/BSA program. In addition, panelists will address current case studies and identify practical steps to integrate red flags tied to bribes and corrupt payments into AML/BSA compliance programs.
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| 4:30 p.m. |
One Pill Can Kill: Combating the Fentanyl Epedimic — One SAR Can Stop and Save
Moderator: John Byrne, Esq., CAMS, AML RightSource
Panelist: John Schrock, Assistant Special Agent in Charge —Drug Enforcement Administration, Kansas City District Office
The U.S. is in the midst of an unparalleled epidemic of addiction and death fueled by the illicit trafficking, sale, distribution and misuse of fentanyl. Criminal networks generate billions of dollars in illegal drug proceeds and leverage the U.S. financial system to advance their criminal enterprises and continue this epidemic to generate more criminal profits. In this session, you will deepen your understanding of the fentanyl epidemic in Missouri; the corresponding financial flows tied to the trafficking, sale and distribution of fentanyl; and how financial institutions can increase the detection and suspicious activity reporting of illicit funds tied to fentanyl trafficking.
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| 5:30 to 6:30 p.m. |
Reception |
Wednesday, Sept. 20 | BSA/AML Conference
| 7:15 a.m. |
Breakfast
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| 8 a.m. |
Session Recap
John Byrne, Esq., CAMS
Executive Vice President, AML RightSource |
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| 8:15 a.m. |
Regulatory Roundup: Updates on Regulation, Guidance and Policy
Moderator: John Byrne, Esq., CAMS, AML RightSource
Panelists
- Allison Carpenter, Office of the Comptroller of the Currency
- Andy Meyer, Missouri Division of Finance
- Chris Saykes, Federal Reserve Bank of St. Louis
- Brian Hipp, Special Activities Case Manager, FDIC, Kansas City Regional Office
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 2023 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.
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| 9:15 a.m. |
Break |
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| 9:30 a.m. |
Combatting Financial Crimes in Missouri From Law Enforcement Perspectives
Moderator: Dennis Lormel, DML Associates
Panelists
- Lori Nelson, Supervisory Forensic Accountant — FBI
- Vincent Zarcone, Supervisory Special Agent — Homeland Security Investigations, Kansas City
- Sergeant Tim Craig, Missouri State Highway Patrol
- 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.
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| 10:30 a.m. |
Break |
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| 10:45 a.m. |
Weeding Through the Challenges of the Cannabis Industry
Moderator: Lauren Kohr, Kohr Global Advisory Services LLC
Panelists
- Michael O’Neil — CRB Monitor (formerly MRB Monitor)
- Jim Regna, President and CEO — Triad Bank, Frontenac
During this deep-dive session, industry experts discuss the current state of the cannabis industry, including pending legislation, guidance and emerging trends. In addition, panelists will discuss best practices and practical steps for implementing a cannabis friendly BSA/AML program and strengthening your existing BSA/AML program when your financial institution does not want to offer financial services to the cannabis community.
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| 11:45 a.m. |
Establishing an Effective AML/BSA Compliance Training Program Throughout Your Financial Institution
Moderator: Lauren Kohr — Kohr Global Advisory Services LLC
Panelists
- Sepideh Breham Rowland — FTI Consulting
- Pete Selenke, BSA and Compliance Officer — The Central Trust Bank, Jefferson City
An effective and robust training program is a BSA pillar. This session will identify the training program guidance within the FFIEC BSA/AML examination and explore ways to enhance your current AML/BSA training program’s effectiveness within your BSA/AML department and across business lines. Panelists also will address ways to mentor, upskill and motivate your team and colleagues.
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| 12:30 p.m. |
Lunch
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| 1:15 p.m. |
Evaluating and Transforming Your AML Transaction Monitoring System for More Effective SAR Detection
Moderator: Lauren Kohr — Kohr Global Advisory Services LLC
Panelists
- Sepideh Brehan-Rowland, Senior Managing Director — FTI Consulting
- Alison Jimenez, President — Dynamic Securities Analytics
- Pete Selenke, BSA and AML Officer — The Central Trust Bank, Jefferson City
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.
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| 2:15 p.m. |
Top 10 Takeaways of Highly Effective AML/BSA Professionals
Moderator: John Byrne, Esq., CAMS
Panelists: Lauren Kohr, Sepideh Breham-Rowland, Michael O’Neil, Dennis Lormel, Steve Gurdak, Alison Jimenez, Tim Craig
In the final session, you will have the opportunity to hear from 10 AML experts as they each share one key takeaway, habit or skill to being a highly effective AML/BSA professional. You also will have the opportunity to ask the AML experts on the panel questions focused on AML/BSA program compliance and other financial crime-related topics.
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| 3:15 p.m. |
Adjourn |
Wednesday, Sept. 20 | Compliance Conference
| 2:30 p.m. |
Registration Open
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| 3:30 p.m. |
CRA Panel
Moderator: Bryan Bradley — Missouri Bankers Association
Panelists
- Michael Mauck, FDIC
- Katie Ringwald, Federal Reserve Bank of St. Louis
- Alan Lacy, OCC
Representatives from the FDIC, OCC and Fed will discuss the state of CRA today and how they are applying the current rules to an ever-evolving banking industry.
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| 4:30 to 5:30 p.m. |
Exhibit Showcase & Opening Night Reception
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Thursday, Sept. 21 | Compliance Conference
| 7:45 a.m. |
Registration and Exhibit Showcase Open
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| 7:45 a.m. |
Breakfast |
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| 8:30 a.m. |
Call to Order
Mary Lou Katnik, Conference Chair
Legends Bank, Linn |
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8:40 a.m.
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Small Business Lending Data Collection – Overview of the 1071 Rule
Patti Joyner, CRCM, Founder
Financial Solutions
Where does the banking industry currently stand on the rollercoaster ride that is the 1071 rule? In this session, Patti will cover the critical components of 1071 and the impact of recent events on banks.
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| 9:45 a.m. |
Break |
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| 10 a.m. |
Crucial E-Sign Compliance Considerations
Jordan H. Lehtonen, CRCM, Regulatory Compliance Manager
Wolf & Company, P.C.
The COVID-19 pandemic significantly altered the banking ecosystem to promote safer, virtual options for their employees and clients. To manage the impact of reduced in-person interactions, many financial institutions expanded their use of electronic communication with their clients. These electronic operations are subject to regulatory scrutiny under the Electronic Signatures in Global and National Commerce Act (E-Sign Act). This session discusses the specific requirements of the E-Sign Act, how to implement a compliant E-Sign program or identify gaps in your current program and how to maintain compliance in an ever-changing environment.
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| 11 a.m. |
Break |
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| 11:15 a.m. |
The Compliance Officer’s Guide to Faster Payments
Rayleen Pirnie, Director, Risk & Fraud
NEACH
Customers and banks can move money with increasing speed through various platforms, including bank-provided services such as FedNow, same-day ACH, Zelle and others, and customer-initiated P2P platforms like Venmo, CashApp and many more. This session addresses compliance issues and other important considerations related to faster payments.
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| 12:30 p.m. |
Luncheon -- Drawings for Exhibitor Prizes
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| 1:30 p.m. |
Third-Party Risk Management
Patti Joyner, CRCM, Founder
Financial Solutions
In June, the Fed, FDIC and OCC issued final interagency guidance on managing risks associated with third-party relationships. This session addresses how banks can incorporate this guidance into their ever-evolving operations, especially relationships with fintech providers.
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| 2:45 p.m. |
Break |
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| 3 p.m. |
Missouri Division of Finance Update
Joe Crider, Supervisor of Consumer Credit
Missouri Division of Finance
At this session, you will hear about “hot buttons” in exams, common violations, what the division sees happening with rule changes coming up over the next year or so, recent or upcoming changes to state laws and regulations and exam coordination with federal agencies.
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| 4 to 5 p.m. |
Peer Group Sessions
Gather with your peers to compare notes on issues facing your bank. |
Friday, Sept. 22 | Compliance Conference
| 7:45 a.m. |
Breakfast |
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| 8:15 a.m. |
Reg E Investigations for Compliance Officers
Rayleen Pirnie, Director, Risk & Fraud
NEACH
This interactive session provides attendees with critical elements necessary to conduct common EFT fraud investigations. We will explore the complex and often misinterpreted world of Regulation E and how to balance these compliance requirements with electronic funds transfers rules such as ACH and debit cards. From “what-went-wrong” in actual cases to regulator expectations and what’s actually “unauthorized” under Reg E to investigation strategies, we’ll explore both debit card and ACH EFT disputes from a boots-on-the-ground perspective.
Attendees will receive a detailed case study they can use at their institution to help start conversations with frontline and operations staff about Reg E compliance.
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| 9:15 a.m. |
Break |
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| 9:30 a.m. |
Breakout Rooms with Regulators
Alan Lacy, OCC
Katie Ringwald, Federal Reserve Bank of St. Louis
Paulette Thorne, FDIC
Bankers can meet with their federal regulator to learn about exam hot topics and other regulatory issues. |
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| 10:30 a.m. |
Break |
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| 10:45 a.m. |
Navigating the Minefields of Fair Lending
Patti Joyner, CRCM, Founder
Financial Solutions
Although fair lending is always top-of-mind for bank regulators, there are new areas of interest for banks to address, including home appraisals and other types of housing discrimination, along with disparate impact concerns.
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| 11:45 a.m. |
Adjourn |