Special interest sessions in Copenhagen
| Tools for Anti-Money Laundering (AML) |
> Cross-market session
> Monday 5 September - 11:00-12:30
> Organised by: SWIFT
Several vendors specialise in analytical products for Anti-Money Laundering (AML), fraud detection and prevention, watch list management and operational risk management to combat and prevent financial crime. Some of these vendors have developed AML plug-ins for SWIFTAlliance Access. How are these tools being used? What are the key considerations? The following are some questions that will be addressed:
- When we find there are mistakes in a watch list what is the procedure to get them fixed?
- Is OFAC increasing its checks or are they concentrating on specific countries?
- Is SWIFT safer than other networks in terms of money laundering and anti terrorism?
- Are there flows exempted from OFAC screening?
- What are the obligations of financial institutions in terms of results?
Confirmed speakers:
- Frank Behlmer, Managing Director, Global Payment Services, Bank of New York
- Vincent Dupuis (moderator) AML Product Manager, Viveo COGNITIVE SYSTEMS
- Joseph Frank, Senior Vice President in charge of wire monitoring program, Compliance Risk Management,Anti-Money Laundering/OFAC, Bank of America
- Peter Haener, Attorney at law, Executive Director Compliance, UBS AG
