IIF GLOBAL SEMINAR FINANCIAL CRIME RISK MANAGEMENT. April 20-21, 2016 London, United Kingdom

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1 IIF GLOBAL SEMINAR FINANCIAL CRIME RISK MANAGEMENT April 20-21, 2016 London, United Kingdom IN COOPERATION WITH MEDIA SPONSOR

2 COURSE DESCRIPTION IIF GLOBAL SEMINAR FINANCIAL CRIME RISK MANAGEMENT LEARNING OBJECTIVES Effective financial crime risk management contributes to the overall reputational wellbeing of a firm and its customer bases, making it an essential practice for all financial institutions. Designed for senior managers and executives in financial services, this two-day Global Seminar will examine current and forward-looking elements of mitigating financial crime risks. Strategic leadership approaches and sound global practices for financial crime prevention will be a key focus. Sessions will be led by an impressive range of expert industry practitioners, with a strong emphasis on interactive, in-depth discussions. As this seminar will bring together senior professionals from around the globe, it will offer excellent opportunities for networking with global peers. Improve oversight and leadership approaches to financial crime prevention Consider upcoming global legal, regulatory and policy developments Explore sound controls, reporting structures, and compliance strategies Overcome financial crime challenges Discuss risk management trends with expert practitioners and global peers THANK YOU FOR JOINING US IN LONDON TO TAKE ADVANTAGE OF THIS UNIQUE OPPORTUNITY. This seminar will be eligible for 12 CPD/CE credits through the Chartered Institute for Securities & Investment (CISI), the CFA Institute, the Global Association of Risk Professionals (GARP), the International Compliance Association (ICA) and the Chartered Banker. 2

3 WEDNESDAY APRIL 20 8:30 am 9:00 am REGISTRATION 9:00 am 9:15 am WELCOME AND INTRODUCTION Kate Hudson, Director of Global Training, IIF 9:15 am 10:30 am SESSION 1: PANEL DISCUSSION GLOBAL POLICY AND REGULATORY DEVELOPMENTS International, regional and national legal and regulatory developments in financial crime risk prevention; An in-depth view of emerging policy and regulatory risks and potential management and mitigation Moderator: Kate Hudson, IIF John Barrass, Deputy Chief Executive, Wealth Management Association Brian Dilley, Group Director of Financial Crime Prevention, Lloyds Banking Group Jason Haines, Global Head (acting) External Relations, Global Financial Crime Compliance, HSBC 10:30 am 11:00 am COFFEE BREAK 11:00 am 12:15 pm SESSION 2: ENHANCING A GLOBAL ANTI FINANCIAL CRIME COMPLIANCE PROGRAM Effects of the increasing regulatory scrutiny on the policy development process; Understanding and managing the broad spectrum of financial crime risk in the rapidly evolving financial markets; The increasing use of data and technology and how it relates to the regulatory framework Matthew Russell, Partner, Forensic Services, PwC Wilma Plieger, Head of Financial Economic Crime, ING Jonathan Stone, Global Head of Financial Crime Change, RBS Group 12:15 pm 1:15 pm LUNCH 1:15 pm 2:30 pm SESSION 3: INDIVIDUAL ACCOUNTABILITY AND GOVERNANCE RISKS 3 2:30 pm 3:00 pm COFFEE BREAK Emerging trends and risks for those responsible for financial crime; Governance; Leadership oversight; Ensuring adequate controls to protect yourself long-term Mehran Behvandi, Head of Compliance Advisory, RBS Legal Michael Lyons, Senior Associate, Clifford Chance 3:00 pm 5:00 pm SESSION 4: ENSURING BUSINESS CONTINUITY UNDER A CYBER ATTACK GAME OF THREATS (CYBER SIMULATION) Damage limitation strategies; Innovations in cyber security prevention; Ensuring your firm has adequate controls on an on-going basis; Interactive team group activity simulating a cyber attack Alex Petsopoulos, Financial Services Cyber Security Lead, PwC 5:00 pm 6:30 pm NETWORKING RECEPTION 3

4 THURSDAY APRIL 21 9:00 am 10:15 am SESSION 5: KEY INNOVATIVE PRODUCTS AND SERVICES IN FINANCIAL CRIME PREVENTION A focus on innovative financial crime prevention technology, products, and services David Choi, Partner, PwC Graham Ure, Partner, PwC 10:15 am 10:45 am COFFEE BREAK 10:45 am 12:00 pm SESSION 6: ONGOING AML AND KYC A STRATEGY FOR REMEDIATION 12:00 pm 1:00 pm LUNCH Snapshot of AML and KYC landscapes and key developments; Remediation resources and challenges ensuring the overwhelming impact on a firm is manageable, with a special focus on the Panama Papers; Approaches to technology and data Robert Walsh, Chief Financial Crime Officer & Deputy Chief Compliance Officer, AXA Group Imran Farooqi, Partner, PwC Joachim Von Hänisch, Product Manager KYC Compliance Services, SWIFT 1:00 pm 1:45 pm SESSION 7: SANCTIONS SPOTLIGHT ON IRAN Considerations for a globally active firm; Facilitated group discussion Ben Luddington, Director, PwC 1:45 pm 2:45 pm SESSION 8: IMPLEMENTING A SOUND ABC STRATEGY WITHIN A FIRM 2:45 pm 3:15 pm COFFEE BREAK Overcoming obstacles to implementation; Strategy for corporate culture engaging the whole firm from senior management to customer facing staff Jon Watt, ABC Compliance Training & Programme Manager, Rolls-Royce plc 3:15 pm 4:15 pm SESSION 9: CASE STUDY POLITICALLY EXPOSED PERSONS What is considered a PEP during CDD/KYC processes, and what about de-pepping? How to deal with PEP involvement in customer relationships; How PEP involvement could influence your risk assessment; Q&A Wilma Plieger, Head of Financial Economic Crime, ING 4:15 pm 5:00 pm SESSION 10: SETTING THE RIGHT COMPLIANCE CULTURE Culture, integrity, ethics and behavior; Delivering the right culture within your firm to protect your firm and preserve your reputation Moderator: Kate Hudson, IIF Sian Jones, Head of Financial Crime, BlackRock UK John Barrass, Deputy Chief Executive, Wealth Management Association Robert Walsh, Chief Financial Crime Officer & Deputy Chief Compliance Officer, AXA Group 5:00 pm 5:15 pm CONCLUDING REMARKS 4

5 SPEAKER PROFILES Kate Hudson, Director, Global Training, Institute of International Finance Kate is the Director of IIF s Global Training team, and previously a Policy Adviser for IIF s Regulatory Affairs team. Prior, she was a senior manager at the RBS Group Holding Company and a member of the BBA s Committee for Financial Inclusion. There she authored eleven new conduct risk policies (including the UK s first ever corporate policy on dealing with customers in vulnerable situations ); and oversaw their implementation and training in their businesses (Coutts, Natwest, Citizens, M&IB etc). Contracting for ComPeer Ltd, on their project board she quantified the costs of compliance in the UK s wealth management industry. Serving the UK s WMA as Senior Policy Advisor, present on their Board she helped to secure their first early day motion in Parliament. Prior, a compliance planning officer for MMC, and here nominated a Future City Leader by the City of London Mayor s office. A compliance manager for ACE Ltd, and a conduct policy development executive for BUPA Group- and then member of UK s ILAG Regulatory Committee. Kate is a Mediator (DC Superior Court) and holds a Postgraduate Diploma in MSc Financial Regulation and Compliance Management at London Metropolitan University, and a L.L.B. in European Legal Studies from the University of Westminster. She is also fluent in Spanish. Jason Haines, Global Head (acting), External Relations, Global Financial Crime Compliance, HSBC Holdings PLC Jason is the Global Head (acting) in the Global Financial Crime Compliance (FCC), External Relations team at HSBC Holdings PLC. Jason currently represents HSBC on the British Bankers Association (BBA) Money Laundering Advisory Panel (MLAP), the BBA Anti-Corruption and Bribery Panel and the joint AFME/BBA Data Protection working group and in addition has represented HSBC in meetings with Government. In addition Jason participates in HSBC's membership of the Wolfsberg Group. Prior to joining HSBC in 2014, Jason held senior in-house compliance and advisory positions within the banking sector, including interim Head of AML/STF Corporate Banking Division, The Royal Bank of Scotland and Barclay's bank. Jason previously served on a House of Commons advisory group on financial services and was appointed as a special adviser to an international project relating to the assessment of AML/CTF standards in a number of overseas jurisdictions. Jason has held several academic appointments and guest lectureships at the Institute for Advanced Legal Studies, University of London, University of Cambridge and the University of Birmingham Business School. Jason has published widely on regulation and compliance aspects related to financial crime including a book on the regulation of electronic markets. Brian Dilley, Group Director of Fraud and Financial Crime Prevention, Lloyds Banking Group Brian has over 19 years of financial crime experience, the last 16 of which have been in financial services. Prior to joining LBG he was the Global Head of Anti-Money Laundering Services and he led the UK FS Forensic team at KPMG. Brian spent more than four years at the FSA where he was Head of Department in the FSA s Enforcement Division during the implementation of FSMA and the development of the FSA s financial crime strategy. Whilst at the FSA, Brian conducted the FATF mutual evaluation of Latvia and was part of the team that responded to the mutual evaluation of the UK. Brian then spent over 3 years at UBS Investment Bank where he became a Managing Director and Global Head of AML Compliance. 5

6 SPEAKER PROFILES John Barrass, Deputy Chief Executive, Wealth Management Association (WMA) John Barrass is currently Deputy Chief Executive of The Wealth Management Association (WMA), representing some 110 member investment service firms in the UK, Republic of Ireland, Channel Islands and the Isle of Man, which invest in and manage over 670 billion of assets on behalf of private clients, together with about 70 associate members. He specialises in regulatory issues at EU level and in Anti-Financial Crime work. Prior to joining The WMA, John was Head of CFA Institute Centre for Financial Market Integrity in Europe, the Middle East, and Africa which followed over 12 years running international regulatory policy for the UK Government, the Securities and Investments Board, and the Financial Services Authority. He spent the first 12 years of his career in HM Diplomatic Service immersed in Soviet and East European Affairs but with the fall of the Berlin Wall felt that it was time to move on. John was educated at Cambridge University, England, and has a Masters degree from the University of Essex. Matthew Russell, Partner, PwC Matt Russell is a Director in PwC s London Forensic Services practice, specialising in the integration of financial crime investigation, detection and prevention activities within Financial Service clients, covering fraud, money laundering and market abuse. Matt leads PwC s Global Financial Crime Operational Effectiveness initiative. Previously, Matt was the Head of AML & Sanctions for the Barclays Retail Bank. He was responsible for a team of 70, including Policy, Financial Intelligence, Monitoring, Screening and Training resources. In this capacity he was responsible for the delivery of the UK Retailing aspects of the group-wide Sanctions and Politically Exposed Persons projects, mobilising the project teams to work on strategic and retrospective activities, as well as representing his Business Unit on senior project governance forums. Matt has also written numerous articles and internal guidance addressing a variety of AML issues, including co-authoring two chapters of A Practitioner s Guide to International Money Laundering Law and Regulation. Wilma Plieger, Head of Financial Economic Crime, ING Bank N.V. Wilma Plieger works at ING Bank N.V., based in Amsterdam. She is together with her team responsible for policy setting, advice and support, (global) regulatory reporting and requests, Functional oversight, monitoring as well as global training and awareness in the area of Financial Economic Crime (focusing on AML and sanctions). Her background is diverse, having worked previously for one of the Big 4 consultancy firms in various business environments and roles. Her experience lies in the areas of chemical compliance, interim- and project management within large national and international companies, and of course the Financial industry. Jonathan Stone, Head of Financial Crime Change, RBS Jonathan plays the saxophone and has a weakness for iconic German sports cars. He is also Head of Financial Crime Change at RBS, having been the Global Programme Director on their AML Change Programme. Jonathan is an accountant by profession with over twenty years Financial Services experience. Prior to joining RBS, he had led both IBM Business Consulting s Financial Service Risk and Compliance practice in the UK and Ireland, and their Capital Markets Operations consulting practice in the UK. 6

7 SPEAKER PROFILES Michael Lyons, Senior Associate, Clifford Chance Michael Lyons is a Senior Associate at Clifford Chance. He provides specialist advice on financial crime compliance issues to financial institutions and others with particular focus on economic and trade sanctions, anti money laundering and anti-bribery/corruption. He has been actively involved in advising on a number of high profile enforcement matters, including advice to banks as well as compliance officers and other approved persons. He has broad experience in advising on risk mitigation and management and developing policies and procedures for use within banks and other organisations. Mehran Behvandi, General Counsel, Compliance Advisory, RBS Group plc Mehran qualified as a Solicitor in 1993 at Richards Butler in the Banking Department and then moved to McKenna & Co. From 1996 to 2001, he was Legal Advisor at The Royal Bank of Scotland Group s Property Finance Department. Following his first spell at RBS, he joined Barclays Bank PLC s Corporate Banking Legal Department. He joined ABN AMRO Bank in 2001, as Executive Director and moving on to become General Counsel of UK Transaction Banking and subsequently appointed as Head of Legal for EMEA. Following the acquisition of ABN AMRO Bank by RBS Mehran was appointed as General Counsel for Global Transaction Services and in October 2011 Mehran was appointed in a newly created role of General Counsel, Compliance Advisory, dealing with financial crime AML sanctions, regulatory investigations and enforcement. Alex Petsopoulos, Partner, Cyber Security, PwC Alex is the Lead FS Partner in the UK Cyber Security practice. He has spent his entire career working in technology, with his last 11 years focused on information security. He has had the opportunity to work with many of the UK s most high profile organisations in the financial services, oil and gas, consumer business and media sectors. He has a successful track record of helping his clients transform the way they manage cyber risk as they seek to protect their sensitive data and critical national infrastructure. Alex has hands-on experience implementing a range of security solutions to help companies manage key threats and achieve compliance with various industry standards and regulations (e.g. NIST, ISO27001, PCI DSS, DPA, NERC CIPs, CPNI & FSA Guidance). His domain knowledge includes: Security strategy and operating models; Security investment planning and programme management; Cyber threat and vulnerability management; Information protection; Identity and access management; IT infrastructure security. David Choi, Partner, PwC David is a UK-based Partner with over 17 years experience in financial services, data analytics and AML compliance. David is based in the London office and leads the compliance technology and analytics teams. He has extensive experience working with large global banks in a of a number of financial crime areas including transaction monitoring optimisation, client risk rating models, and financial crime intelligence units. He has large scale, global programmes in AML analytics design and implementation for large financial institutions and corporations. David has direct experience engaging with US and UK regulators such as the OCC, CRAD (Compliance Risk Analysis Division), DFS and FCA. He has worked with clients to present the methodologies and models used to manage their AML risks and that meet regulatory expectations. 7

8 SPEAKER PROFILES Graham Ure, Partner, PwC Graham is a Partner and leads the UK Forensic Data Analytics practice, providing technology based services focused on the detection and investigation, prevention and remediation of financial crime. He is also the global co-lead for Financial Crime Technology within PwC. He has over 15 years of experience working in the area of business intelligence and data analytics. He has a background in systems implementation and in the last 8 years has specialised in Forensic technology and financial crime helping clients respond to regulatory issues. His particular focus is upon Financial Services and he has supported a number of financial institutions in working with regulators to analyse trading patterns and behaviours across FX, Libor and other benchmarks. This has entailed applying analytics to trade data, and review of communications, s and instant messaging using concept clustering and predictive coding techniques. Graham advises on trade, trader and employee surveillance, and building upon a firm view of global regulators expectations in this area has supported clients in developing their surveillance operating models, surveillance technology and use of analytics. Robert Walsh, Chief Financial Crime Officer & Deputy Chief Compliance Officer, AXA Group Bob Walsh has global responsibility for financial crime compliance at AXA. This includes AML, international sanctions and anti-bribery. In addition he is AXA Group s Deputy Chief Compliance Officer. Outside of AXA he chairs the Sanctions in Insurance Roundtable, which is an informal association of the world s largest insurers, reinsurers and brokers, who collaborate with senior public sector officials on the intersection of international sanctions issues and international commercial insurance. He has also participated as a private sector representative in FATF consultative meetings and the US Bank Secrecy Act Advisory Group. Bob is Canadian and was educated in Canada at McGill University, Osgoode Hall Law School and the Ivey School of Business. Imran Farooqi, Partner, Financial Services, PwC Imran is a Partner in PwC s London based Forensic Services practice, focused on Financial Services. Imran has 15 years of experience advising global private sector and financial institutions on matters of regulatory driven change. Imran joined PwC following a number of successful years with Deloitte where he advised a number of clients on their financial crime effectiveness and established a nearshore utility. Since joining PwC, Imran has specialised in the development and delivery of large scale financial crime and regulatory focused remediation exercises. Joachim von Hänisch, Product Manager KYC Compliance Services, SWIFT Joachim von Hänisch joined SWIFT as Product Manager KYC Compliance Services in November 2015 and is in charge of evolving SWIFT s KYC Registry towards a broader KYC utility, providing new value-added KYC and Due Diligence services. Joachim is a strong promoter of the standardisation of diligent and consistent KYC processes throughout the financial industry and cofounded the first standardised platform for KYC purposes, KYC Exchange Net AG, in Prior to this, he spent five years at Standard Chartered London as relationship manager and head of banks for Central and Eastern Europe, and 10 years at WestLB London where his roles included bank relationship management, funding, private placements, bond origination and bond syndicate. 8

9 SPEAKER PROFILES Ben Luddington, Director UK, PwC Ben is a Director in PwC s London based Forensic Services practice and is the UK leader for financial sanctions. His recent work includes advising a global investment bank on how to prepare for regulatory inspection of its anti-financial crime framework. He is currently assisting a global bank review its payment processes to ensure that they are compliance with global sanctions regime. Jon Watt, Anti-Bribery & Corruption Training Manager, ABC Compliance, Rolls- Royce PLC Jon is responsible for both ABC Training and ABC Compliance Programmes at Rolls-Royce PLC. His focus is on raising awareness, understanding and application of Anti-Bribery & Corruption Policy across the company. This involves design and delivery of training following a complete review and overhaul of policy. Prior to joining Rolls-Royce in June 2014, Jon spent over 20 years in life insurance, investment and banking, primarily within new business, training and compliance related roles. Most recently he worked to develop and deliver management training related to Conduct Risk and Vulnerable Customers for The Royal Bank of Scotland. Sian Jones, Global Head of Financial Crime, BlackRock Sian is BlackRock s Global Head of Financial Crime. She has responsibility for the global framework in relation to money laundering, sanctions, bribery and corruption and fraud risks. Prior to joining BlackRock in 2013, Sian spent 16 years at KPMG where she qualified as a chartered accountant in the financial services department. She spent 13 years in the Forensic practice investigating fraud and bribery and corruption and advising on the management of financial crime risks. Sian was involved in a number of high profile investigations, including a large rogue trading event and a bank collapse, and worked on a number of significant US based regulatory investigations. During her time at KPMG, Sian was seconded into government to assist in financial investigations and countering terrorist financing. 9

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