Cost:
- Seminar A
- $695 + GST/HST
- $595 + GST/HST (Early Bird Rate)
- Seminar B
- $325 + GST/HST
- $295 + GST/HST (Early Bird Rate)
- Both Seminar A & B
- $895 + GST/HST
- $795 + GST/HST (Early Bird Rate)
* CAMLI members receive a savings on the above pricing. Please refer to the brochure/registration form for details.
Early Bird Deadlines
Toronto: April 22, 2016
Locations:
Toronto:
Radisson Admiral Hotel Toronto-Harbourfront
249 Queens Quay West
Toronto, ON
Seminar Presenters
Christopher Walker
About Business Crime Solutions, Inc.
Chris is a criminologist and President of ABCsolutions. Chris has over 40 years of experience working in the public and private sectors with the last 22 years focused on money laundering controls across Canada. Chris is recognized as a skilled educator, who specializes in bringing out the pragmatic aspects of new knowledge using real life examples and common sense approaches to applying new information. He has taught adult learners at both the College and University level and worked as training coordinator at both the Federal and Provincial department level. For the past 16 years Chris has developed extensive knowledge of and experience with the various AML/CTF Compliance Regime requirements and practices across the reporting sectors governed by Canada's Money Laundering legislation.
Marcy Betts
AML Consultant
Marcy Betts has 29 years of experience working in the financial institutions sector in the Prairie provinces. Starting in the front lines of a large credit union, she worked her way up to the role of Operations Analyst responsible for the development and implementation of various policies and procedures across the organization. In 2000, Marcy assumed AML/CTF compliance duties. This role of Compliance Officer grew exponentially to include applying her knowledge in the field to smaller credit unions that came looking for help and expertise. Today, Marcy oversees the AML compliance programs for more than twenty credit unions in Saskatchewan and Manitoba. She has an excellent working relationship with the regulators; and has experienced more than 40 FINTRAC examinations with more than 30 receiving no deficiencies. These seminars will enable Marcy to share her practical experience and insights on the various topics to be covered, including the lessons learned and remediation responses arising from her FINTRAC examination experiences.
Workshop Dates/Locations:
| Seminar A | Seminar B | |
|
May 16, 2016 |
May 17, 2016 |
Seminar A - From FINTRAC Exams to Customer Behaviour: Regulators' Expectations Today
This seminar will begin by focusing on the two detailed styles of FINTRAC examination, desk and onsite, from the initial contact and preparation phase through to any remediation required as a result of noted deficiencies or better practices suggested by the examiner. FINTRAC examinations have changed in focus and outcomes ever since their inception. Much of this change has resulted from the maturing of FINTRAC's examination processes and the evolution of compliance management practices needed to address the emerging complexities of crime and the methods used by criminals and terrorists to conceal their profits.
Topics discussed will include exploring how to best prepare the requested documentation for the examiner; the detail required; findings from compliance assessments of these documents and their application; expectations regarding data quality, timeliness and completeness; record-keeping practices and confirmation through sampling; reporting practices with special emphasis on over or under reporting; training content, credibility, delivery, understanding, application and retention; compliance management; and compliance officer knowledge, training, and expertise.
The afternoon session will examine customer behaviours and unusual practices that emerge as customer relationships begin and evolve. Unusual behaviours could lead to further investigation and ultimately the compliance department submitting a Suspicious Transaction Report to FINTRAC or even de-marketing of the customer.
Seminar B - Governance and Oversight: Owners, Board of Directors & Senior Management Responsibilities
Overall accountability for a business’ AML/CTF Compliance Regime rests at the highest levels of the organization. That accountability comes from the oversight and governance responsibilities held by those tasked with running the business: owners, executives, and external Board members. The associated roles and responsibilities vary but each has specific applications. What are they? And why are they in place?
Managing such oversight demands that those in control are kept in the loop about the legislated and regulatory demands on the business; the application of those demands; the impacts of ML/TF risks on the business; and the emerging trends and new product/service lines that will generate additional risks that need to be mediated.
This seminar will explore in some detail the expectations and duties in the world of AML/CTF governance and oversight. The instructors will explore these across small, medium, and large-sized businesses drawing on real life examples and experience consulting in the field. Directors from reporting entity Boards are encouraged to attend, as well as business owners, senior managers, and compliance officers.
The reviews are in! Read what attendees to the Winnipeg seminars had to say:
"This session should be mandatory for AML professionals, Boards of Directors, and senior leadership in a business."
"Base and extent of knowledge of instructors is invaluable. FINTRAC requirements aren’t just listed out but real life examples of common mistakes are highlighted. Interaction between instructors and participants was insightful and made the seminar more dynamic."
"Very important info for AML professionals."
"Fantastic sharing of knowledge and information."