ABOUT

The ‘AML and CFT Case Studies, Operational Compliance, and Technologies’ Training Programme is an intermediate to advanced training curriculum that has been specifically designed to provide AML/CFT professionals and practitioners with much more comprehensive and holistic training covering Anti-Money Laundering (AML) and Counter-the-Financing of Terrorism (CFT) frameworks.

This Training Programme is orientated towards those professionals who are looking to significantly expand their existing AML/CFT knowledge and understanding in relation to legal and practical case studies, trends and developments in Money Laundering (ML) and Terrorist Financing (TF) typologies around the world, as well as identification of key high risk ML and FT developments.

In addition, attendees will cover best practices in relation to the reporting or suspicious activities, and will be guided through the latest cutting-edge AML and CFT technologies which exemplify best practices and techniques being adopted by banks and financial services firms around the world. 

TRAINING PROGRAMME

SESSION 1: AML and CFT Case Studies - PART I

·     Practical Case Studies (Disguising Source of Funds; Money Service Businesses; Black Market Peso Exchange; Hawala; ML with Derivatives; ML with Syndicated Loans).

·     Basic and Complex Trade-Based Finance Methods (Over-Invoicing, Under-Invoicing, and Multiple Invoicing of Goods and Services; Over-Shipments and Under-Shipments of Goods and Services; Falsely Described Goods and Services) and Case Studies (Black Market Peso Exchange Arrangements; United States; India; China; Singapore). 

·     Country Case Studies; Case Studies (Australia); Case Studies (Argentina); Case Studies (Belgium); Case Studies (Bolivia); Case Studies (Canada); Case Studies (Cayman Islands); Case Studies (China).

AML and CFT Case Studies - PART II

·     A Review of AML, CFT, and Virtual Currencies (Convertible v. Non-Convertible Virtual Currencies; Centralised v. Non-Centralised Virtual Currencies).

·     A Review of Global Enforcement Cases relating to ML and TF (U.S. Bancorp; Rabobank; Commonwealth Bank of Australia; ING; UBS).

·     A Review of UK Enforcement Cases relating to ML and TF (Standard Bank PLC, Coutts, EFG, Turkish Bank (UK) Ltd, Guaranty Trust Bank (UK) Ltd, Habib Bank AG Zurich, Deutsche Bank).

SESSION 3: AML and CFT Operational Compliance

·     A Guide to Legal Professional Privilege (LPP) (Litigation Advice Privilege; Legal Advice Privilege; LPP Exception; Abuse of Privilege).

·     Disclosure of Suspicious Activity Reports (SARs) to the National Crime Agency; A Review of SAR Reports; SAR Guidelines, Best Practices, and Case Studies.

·     AML Checks; KYC Checks; Client Suitability Checks; ID Verification; Politically Exposed Persons (PEPs), Close Associates, and Family Members; Ultimate Beneficial Ownership (UBO) Discovery Process; Adverse Media Searches; Government Records; State Owned Entities and State invested Enterprises; Global Sanctions Lists; HMRC Financial Sanctions List; Office of Foreign Assets Control (OFAC); Best Practices.

SESSION 4: AML and CFT Technologies

·     A Review of the Latest AML and CFT Compliance Technology Features (Artificial Intelligence (AI) Risk- Driven Databases (Companies, People); AML Real Time Facial Recognition Identification).

·     KYC, AML and CFT Case Study: ComplyAdvantage (Screening and Monitoring Technology; Data Feeds; Sanctions and Watchlist Screening; PEP Profiles; Adverse Media; Customer Onboarding and Monitoring; Payment Screening; Monitoring to Spot Suspicious Behaviour).

·     KYC, AML and CFT Case Study: KYC Portal (Application Overview; Embedded Facial Recognition; Custom Risk Scoring; Embedded Face-To-Face Video Interviews; Granular Notifications; Real Time Transaction Monitoring; Customer Outreach Tool).

EXPERT TRAINER

Rodrigo Zepeda is Co-Founder and Managing Director of Storm-7 Consulting. He is an expert consultant who specialises in derivatives and banking and financial services law, regulation, and compliance. He is an expert in a very broad range of regulatory compliance frameworks such as FATCA, the OECD CRS, MiFID II, MAD 2 MAR, PSD2, CRD IV, Solvency II, OTC Derivatives, CCP Clearing, PRIIPs, BRRD, AML4, and the GDPR. He holds a LLB degree, a LLM Masters degree in International and Comparative Business Law, and has passed the New York Bar Examination. He was an Associate (ACSI) of the Chartered Institute for Securities & Investment from 2004 to 2014 and is now a Chartered Member (MCSI). He has created and delivered numerous conferences and training courses around the world such as ‘FATCA for Latin American Firms’ (Santo Domingo, Dominican Republic, Panama City, Panama), ‘MiFID II: Regulatory, Risk, and Compliance (London), and ‘Market Abuse: Operational Compliance’ (London), ‘AEOI (FATCA & CRS)’ (London, Lebanon, Dubai, Malta, Manama, Bahrain); AML/CFT: Operational Compliance (Dubai, London); MLRO: Operational Compliance (London).

He has also delivered numerous In-House Training Courses around the world to major international financial institutions such as The Abu Dhabi Investment Authority (MiFID II: Operational Compliance, Abu Dhabi, the United Arab Emirates); the United Nations Principles of Responsible Investment (MiFID II: Final Review, London); CAF, the Development Bank of Latin America (Swaps and Over-the-counter Derivatives, Lima, Peru); Eurex Exchange (CCP Clearing, Risk Management, Recovery and Resolution, Eschborn, Germany); European Energy Exchange AG (CCP Clearing, Risk Management, Recovery and Resolution, Leipzig, Germany); Rothschild Investment Management (UK) Limited (AEOI (FATCA & CRS), London); Resolution Life (AEOI (FATCA & CRS, London); CCP Clearing, Risk Management, Recovery and Resolution; Bethmann Bank AG (MAD 2 MAR, Frankfurt); Saxo Capital Markets (MAD 2 MAR, London); and Invesco Management, S.A. (AML/CFT, Henley); Validus Risk Management (OTC Derivatives, Eton).

For 2019 he has created some of the most cutting edge training courses available on the market today, including Artificial Intelligence in Banking and Financial Services; Supervisory Technologies (SupTech); The European Margin Rules; The 2018-2020 Collateral Paradigm; AML & CFT Advanced Practitioner; Virtual Currencies, AML, CFT: Operational Compliance; and Behavioural Persuasion Masterclass. He is a Reviewer for the Journal of Financial Regulation and Compliance and has also published widely in leading industry journals such as the Capco Institute’s Journal of Financial Transformation, the Journal of International Banking Law and Regulation, as well as e-books on derivatives law. Noted publications include “Optimizing Risk Allocation for CCPs under the European Market Infrastructure Regulation”; “The ISDA Master Agreement 2012: A Missed Opportunity”; “The ISDA Master Agreement: The Derivatives Risk Management Tool of the 21st Century?”; “To EU, or not to EU: that is the AIFMD question”; and “The Industrialization Blueprint: Re- Engineering the Future of Banking and Financial Services?”.

Disclaimer

ISDA® is a registered trademark of the International Swaps and Derivatives Association, Inc., and Storm-7 Consulting Limited is neither sponsored by nor affiliated with the International Swaps and Derivatives Association, Inc. (ISDA), and the public is hereby informed that Storm-7 Consulting Limited holds no commercial, private, or other relationship with ISDA.