General Session Speakers

Welcome, Opening Remarks and Emerging Issues/2019 Priorities/Sanctions
John Byrne, Esq., CAMS and Tim White, CAMS
AML RightSource

1-2:30 p.m. Tuesday, Sept. 17

Many challenges currently face AML professionals. As we begin our 2019 conference, John Byrne and Tim White address issues confronting bankers today, including the following.

  • BSA/AML legislation
  • CDD update
  • sanctions and the new OFAC (Office of Foreign Assets Control)
  • framework 
  • guidance for NPOs and banks to improve financial access
  • human trafficking
  • antiquities and art theft enabling financial crime

Connect With John

Twitter Icon LinkedIn

Connect With AML RightSource

Twitter Icon LinkedIn 

Wire Transfer Compliance and Fraud Mitigation Techniques
Dawn Kincaid or Molly Stull
Brode Consulting Services

2:15-3:15 p.m. Tuesday, Sept. 17

Funds transfer fraud causes millions of dollars in losses for businesses. Last year, financial institutions filed more than 44,000 suspicious activity reports on wire fraud incidents. Cyber attackers continue to grow more sophisticated, and even the largest institutions are vulnerable. Recent high profile, successful cyberattacks on international wire transfers have raised the bar on examiners’ expectations for international and domestic wire transfer security systems and risk monitoring. This session will cover the regulatory requirements for both domestic and international wires, provide sample audit procedures and address how to identify and react to possible wire fraud attempts. It will identify system and process vulnerabilities that can expose financial institutions to cyberattacks and increase liability. Learn strategies to strengthen policies, monitor activities, assess procedures and evaluate risk assessments.

Connect With Dawn

LinkedIn

Connect With Molly

LinkedIn

Elder Financial Exploitation

Terri Luttrell, CAMS-Audit
Abrigo

3:45-4:45 p.m. Tuesday, Sept. 17

Elder financial exploitation is a growing problem across the country. How does your institution handle suspected cases of elder financial abuse or exploitation? From the front line to the back office, this is an issue that affects multiple areas across a bank. You need to ensure proper policies and procedures in place to protect your customers.

Connect With Terri

LinkedIn

Connect With Abrigo

Facebook   Twitter   LinkedIn
Instagram icon 

Risk Assessment: Managing and Identify Risk and integration Into Your BSA/AML Governance Structure
Lauren Kohr CAMS,CAMS-FCI, CFIRS
First National Bank
Vienna, Virginia

Chris Simpkins
Arvest Bank
Fort Smith, Arkansas

8:30 - 9:30 a.m. Wednesday, Sept. 18

A well-developed risk assessment assists in identifying the bank’s BSA/AML and sanctions risk profile, especially during periods of aggressive growth, strategic planning, M&A activity and integration of new products and services. Understanding the risk profile enables the bank to apply appropriate risk managements processes to the BSA/AML/sanctions compliance program to mitigate the risk and sustain compliance. This session will highlight key factors when evaluating your current risk assessment and governance structure, as well as address best practices to identify, manage and properly report key risks through effective metric reporting.

Connect With Lauren

LinkedIn

Connect With Chris

LinkedIn

Training Your Board and Senior Management on BSA/AML Requirements
Lauren Kohr CAMS,CAMS-FCI, CFIRS
First National Bank
Vienna, Virginia

Tim White, CAMS
AML RightSource

9:45 - 10:45 a.m. Wednesday, Sept. 18

BSA/AML regulations require your board and other relevant staff obtain annual targeted training on various BSA requirements. This session will highlight the types of training information, including record-keeping, reporting, identifying risks and how to determine that the training is sufficient for the regulators.

Connect With Lauren

LinkedIn

Connect With AML RightSource

Twitter Icon LinkedIn

SARs and Their Value To Law Enforcement – How to Train, Report, Craft a Useful Narrative
Dennis Lormel
DML Associates

11 a.m. to Noon Wednesday, Sept. 18

This session will highlight how to train your staff on SAR requirements, including record-keeping and related reporting regulations, and share examples on crafting a successful SAR for law enforcement.

Connect With DML Associates

Facebook   Twitter   LinkedIn
You Tube logo 

Think Like a Fraudster to Catch a Fraudster
Dennis Lormel
DML Associates

1 to 2 p.m. Wednesday, Sept. 18

In our personal and professional lives, we are susceptible to falling victim to fraud on a continual basis. Trust is the foundation for building individual and business relationships. Trust also is a fraudster’s best friend. Differentiating between meaningful relationships and fraud requires understanding. Understanding the motivation and rationalization fraudsters use to justify their actions can be a critical component in predicting and recognizing fraudulent behavior. Situational awareness is being aware of and taking responsibility for your physical well-being and security. The same concept can and should be applied to fraud. You need to be situationally aware of your vulnerability to fraud. That begins with understanding: understanding the fraud crime problem, understanding how fraudsters think and understanding how to be situationally aware of your vulnerability to fraud. This compelling session will focus attention on the dynamics behind what makes a fraudster tick and in predicting fraudulent behavior.

Connect With DML Associates

Facebook   Twitter   LinkedIn
You Tube logo 

Best Practices for Banking Cannabis-Related Businesses
Michelle Sullivan
Dama Financial

2:15 to 3 p.m. Wednesday, Sept. 18

This session will discuss the regulatory perspective, supervisory expectations and best practices associated with providing banking services to cannabis-related businesses. Community banks that are considering providing services to cannabis-related businesses will benefit greatly from this information-packed session.

Connect With Michelle

LinkedIn


Connect With Dama Financial

Twitter  LinkedIn

Hot Topics: What to Expect in Your Next BSA Examination
Moderator: John Byrne, Esq., CAMS 
Federal Reserve Bank, FDIC, OCC, Missouri Division of Finance

3:15-4:15 p.m. Wednesday, Sept. 18

Representatives from each of the federal regulatory agencies and the Missouri Division of Finance will review their agencies’ current philosophies and practices of current hot topics. They will provide an overview of the agency’s current approach, and attendees will have an opportunity to ask questions and participate in discussions. This is your chance to see what the focal points of your next on-site examination may be. 

Do you have specific questions? Be ready to submit them on day one of the conference for inclusion in the panel discussion.

Connect With John

Twitter Icon LinkedIn