Agenda

SYMPOSIUM

Keynote addresses from high profile representatives of leading international and regional institutions, spotlighting the latest policies and frameworks designed to combat economically motivated serious crime, in particular Money Laundering and Terrorist Financing

Welcome & keynote addresses

Mr Peter Antell, Managing Director of IFCCT

Mr. Baldwin Spencer, Prime Minister of Antigua

Mr Gert Demmink, Head of Faculty

Mr Justin Lockhart Simon, Attorney General 

Dr Errol Cort, Minister of Finance

Regulation & Legislation in the Caribbean Region

• Identifying systemic imbalances across the region
• Best practice in multi-jurisdictional operations
• Regional cooperation

Session taken by Calvin Wilson, Executive Secretary CFATF

Governance and Risk Governance

• Vision, mission, strategy, policies, procedures, processes, tasks & responsibilities
• Compliance, Operational Risk, Security
  - developing a common approach
• Checks & Balances
• Mindset
• Corporate Values, tone at the top, exemplary behaviour
• Structured Management & Control approach
• Accountability
• Case Study

Prosecution of Money Laundering Cases

• Overview and analysis of STRs
• Capacity to investigate and prosecute in money laundering cases
• Strategic Action Capacity
• Inter-Agency Cooperation
• Building specialised multi disciplinary teams
• Non-Conviction based Civil Forfeiture

Summary and Close

Day 2, Tuesday 10th February

EVALUATING SYSTEMS & CONTROLS

Setting up effective compliance / risk
management systems
- Workshop -

• How does this work in practice?
• Who does what & when?
• How can we create a system people will follow?
• How can we create a robust system that we don’t have to change frequently?

Structuring an effective KYC framework
- Workshop -

• Business Continuity
• Assessing the impact of AML on KYC
• Enhanced Due Diligence
• Dealing with PEPs + High net worth individuals
• Detecting false identities: Effective use of watchlists

Evaluating the Role of Audit

• Audit beyond Basel II
• Roles and responsibility - Risk management cycle
• Models, legal standards & the regulatory environment
• Risk appetite and internal audit
• Techniques for identifying and analysing risk
• Risk monitoring, communication and reporting

Summary and Close

Day 3, Wednesday 11th February

ANTI MONEY LAUNDERING & TRANS-NATIONAL ORGANISED CRIME

Transnational Organised Crime & Terrorism

• Transnational organised crime: Carribbean perspective
• Identifying the nature and scale of terrorist financing
• Assessing typical structures of terrorist networks
• Terrorism & Drug/People Trafficking
• Official designations of Foreign Terrorist Organisations
• Electronic Banking & transnational organised crime
• Speed, Secrecy & Jurisdictional issues
• Private Sector responsibility
• Money Transfers, Boomerang Effect (ML typologies)
• Case Studies (Charities - vulnerability to
  Money Laundering and Terrorist Financing)

Latest Money Laundering Techniques /
Informal Money Transfers

• Traditional methodology and patterns
• Trade Based Money Laundering & Fraud
• Casinos & internet gambling
• Real Estate
• Tax Evasion: The Money Laundering Relationship
• Underground Banking & illegal Currency Exchange
• e-Banking
• Dealing with ML in cash based economies

How can organisations combat AML/CFT

• Strategy & Management Controls
• From Event to Action
• The Risk Governance Structure
• Identifying banking and insurance risks
• Risk themes from a supervisory perspective
• Money transactions & Real Estate investments
• Understanding your requirements & due diligence

Supervisory Approach to AML/CFT

• International Legislation & National Requirements
  – Patriot Act
• Regulatory Expectations & international best practice
  - Offshore / Onshore
• International Legislation vs. Domestic Culture

Evaluating the role of technology in AML

Summary and Close

Day 4, Thursday 12th February

INTERNAL THREATS, INVESTIGATIONS & PREPARATION OF EVIDENCE

CATASTROPHIC COMPUTER FRAUD

• Strategies to avoid latent risk 
• Case studies and review of the reasons behind the Soc Gen breech
• Corrosive factors that undermine the control effort
• Avoiding ‘Group think’
• Knowledgeable bystanders & how they at risk

Critical point analysis

MULTI-JURISDICTIONAL INVESTIGATIONS

• C3 – Command, Control & Communications
• Coordinating your investigative efforts to best effect
• Intelligence database
• Electronic disclosure
• Overcoming jurisdictional obstacles
• What resources do you need 
• Forensic, Investigative, Legal, Technical & Accounting
• Chain of Command 
  - How do you control this internationally

ELECTRONIC EVIDENCE

Controlling the electronic crime scene:
- How to handle, collate, store and present admissible electronic evidence
- Presenting technical evidence in courtrooms, inquiries, etc.

Overview of Tools & Techniques:
- Forensic Data Recovery
- Data Investigation Methods
- Electronic Evidence Presentation

Electronic Evidence
- The Latest Techniques

PANEL SESSION – “INTELLIGENCE IS NOT EVIDENCE”:
SUCCESSFUL PROSECUTION THROUGH METHODICAL EVIDENCE PREPARATION

summary and Close

Day 5, Friday 13th February

LEGAL ASSISTANCE, WORKSHOPS & PANEL SESSION

Asset Recovery & Mutual Legal Assistance

• Prevention of further loss and securing assets
• Securing evidence and instructing lawyers
• Mutual Legal Assistance Treaties
  - what options are available if treaties are not present?
• Ensuring successful cross-border cooperation
• Retrieving information from US/European organisations

Legal Case Studies

The Inter-relationship between Regulators and Financial Institutions
- Panel Session

• How can government and financial organisations work most effectively to enhance the region’s regulatory reputation?
• Effective Exchange of Information
• How do we go from opinions to a single point of view?
• Recommendations for Regulators, Prosecutors, Financial Institutions and FIUs
  

Summary of Week

Recommendations

Close