Learning Objectives
"We will starve terrorists of funding, turn them against each other, rout them out of their safe hiding places and bring them to justice."
President George W. Bush
September 24, 2001
This executive order launched the first strike on the global terror network. New regulations such as the USA PATRIOT Act and the Financial Action Task Force's Eight Special Recommendations on Terrorist Financing required financial institutions to boost their anti-money laundering practices to fight terrorist activities. How do you spot suspicious transactions? How do you ensure you’re not risking your company’s reputation or possibly leaving it open to stiff penalties?
Join respected industry leaders for a Webcast that will tackle these challenges and others. Experts will discuss the difference between terrorist financing and traditional money laundering, what the regulations mean, some strategies for identifying covert activity, and what regulators are doing to help financial institutions comply with the new provisions.
Participant level of understanding
This program is intended for participants with a basic or intermediate level of understanding on the topic.
Prerequisites:
There are no prerequisites for this seminar.
Advance Preparation
There is no advanced preparation required for this seminar.
Who Should Attend
Bankers, securities dealers, insurers, money transmitters, mutual funds, check cashers, lawyers, accountants, financial regulators, compliance and supervisory officials under the U.S. Bank Secrecy Act and money laundering laws.About Charles Intriago, Laurie A. Bender, Henry W. Grant Jr., Greg Henderson
Charles Intriago
Publisher
Money Laundering Alert
Considered one of the world’s leading authorities on the Bank Secrecy Act and money laundering controls, Intriago served as chief counsel to a U.S. House subcommittee that oversaw all federal agencies involved in fighting money laundering.
Laurie A. Bender
Senior Special Anti-Money Laundering Examiner
Special Investigations Section of the Board of Governors
Federal Reserve System
An expert on the topics of anti-money laundering and the Bank Secrecy Act, Bender’s duties include developing and implementing the Federal Reserve’s anti-money laundering and anti-terrorism policies and procedures, as well as those for the Office of Foreign Asset Control (OFAC). Bender has conducted numerous domestic and foreign training programs on anti-money laundering, terrorism finance, fraud and the USA PATRIOT Act for law enforcement personnel, bankers, examiners, and consumer and banking groups.
Henry W. Grant Jr.
Senior Vice President
Corporate Risk Management
Bank of America
Grant is responsible for managing all of Bank of America’s international money laundering and OFAC programs. He has also served as country and division operations officer for a number of Bank of America offices in Asia, developing operational risk control standards for product lines and conducting reviews.
Greg Henderson
Program Manager
Compliance Solutions
SAS
With extensive experience in the design and deployment of data warehousing, business intelligence and analytic solutions, Henderson is responsible for driving product direction for compliance-related solutions within the financial services market and frequently speaks on how to best leverage technology to address compliance challenges related to anti-money laundering and terrorist financing.
