Dear Anti-Money Laundering Professional,
Imagine having more than 50 of the world’s top experts guide you through:
- Today’s most dangerous money laundering landmines.
- The best practices in AML compliance, supervision and law enforcement.
It’s information that’s never been more important or vital especially in light of recent events...
In the past two years, BankAtlantic agreed to pay a $10 Million U.S. Justice Department forfeiture and was forced to conduct an extremely expensive “look-back.”
ABN AMRO paid a total of $80 Million to state and federal authorities for violations of various regulations, and poor controls of correspondent accounts that let Russian shell companies move money.
Israel Discount Bank of New York paid a total of $37 Million to state and federal authorities also for correspondent account compliance deficiencies.
And the list is not limited to banks…
Western Union has shelled out a total of $19 Million in penalties for state and federal AML violations in the past three years.
And Oppenheimer & Co., the first Wall Street securities firm to be penalized for a Bank Secrecy Act violation, paid $2.8 Million for not having adequate AML training and staff among other infractions.
These are just a few illustrations of stepped-up enforcement by U.S. regulators, most of which were aimed at non-United States institutions. These are among the enforcement actions that our expert panelists will dissect at this year’s conference—giving you the opportunity to learn from others’ mistakes and avoid similar fines, penalties and forfeitures for your institution wherever you are located.
And that is only one example of what you’ll take away from the information-packed sessions offered to you when you register for this year’s conference.
You’ll also learn…
||Keys to identifying the real ownership of shell companies and offshore accounts and lessening the risk of them moving terrorist or drug money through your institution
||How to prepare your institution for a regulatory review so you sail easily through the process
||What insurance companies, money services businesses and mutual fund administrators need to know to be fully compliant with the year’s new regulations
||The #1 mistake that anti-money laundering compliance officers make, and why it can destroy your career
||Common reporting blunders and how to avoid them
||What you don’t know about due diligence under the Patriot Act Section 312 regulations, and how it could devastate your institution and its reputation if you don’t comply correctly
||7 warning signs that your institution could be the target of the next multi-million dollar penalty
||And so much more...
Imagine having access to the world’s top money laundering experts offering you timely information along with tips and strategies you can use from the moment you return to the office—plus wonderful materials you can take away, such as an interactive CD-ROM and Conference Book, as your own reference guide.
Those are some of the many reasons that last year more than 1,500 of your anti-money laundering colleagues from the United States, Cayman Islands, Canada, Mexico, Colombia, Brazil, France, the Bahamas, Switzerland and many other countries from around the world registered and attended this exciting conference.
Even better sessions are presented this year by more than 50 of the top minds in money laundering prevention. You get AML intelligence of unparalleled excellence.
This year’s conference is filling up at a record pace and we are again expecting a sell-out crowd…
…making this conference, by far, your best opportunity to meet with others in the field. When you register now and attend, you’ll build relationships with professionals you will be able to call on for years to come to discuss issues and find solutions as situations arise.
And here’s another important reason to register now:
The moneylaundering.com and Money Laundering Alert 12th Annual International Money Laundering Conference and Exhibition is being held March 19–21, 2007, at the exquisite Westin Diplomat Resort & Spa on the beach in Hollywood, Florida.
We’ve secured a special rate during the South Florida high winter season just for our conference attendees, but because of the high demand at the Westin Diplomat Resort, you must be registered for the conference in order to make your hotel reservations.
Our customer service department will send you the link to the Group Reservations Page once you are registered to attend the conference.
Plus save $200 when you register now, and receive your
Internal Audits—A Checklist for Financial Institutions. This whitepaper tackles a major duty you may face and provides detailed information on how to ensure that you look at every crucial aspect of your AML program when conducting an internal audit. The last thing you want is your regulator finding something that you missed.
The checklist was just presented by Sacha Schwab, a top AML officer at Bank Julius Baer & Co., at The moneylaundering.com and Money Laundering Alert Third Annual European Money Laundering Conference in Berlin October 30 to November 1. So the information is as current as it gets.
Only a limited number of these whitepapers are being produced and yours will be waiting for you when you pick up your registration packet at the conference.
The $200 savings is available to you right now. So why not take a
few moments to register now or for more information visit www.moneylaunderingconference.com.
President and Publisher
moneylaundering.com and Money Laundering Alert
P.S. Don’t put your career or your company’s reputation on the line. With the information you’ll learn in just three spectacular days at this year’s conference, you’ll have the tools you need to reduce your exposure to the increased risks that exist in today’s fluid AML environment. Register now!
P.P.S. Remember, the conference is filling up at a record pace and we expect to hit capacity this year, so I encourage you to register as soon as possible to ensure your spot at this important conference.