AMLRV | AML and Regulatory Visits
AMLRV | AML and Regulatory Visits
This course is designed to help firms meet the challenges of enhanced regulatory scrutiny in the area of
AML and Financial Crime.
The first two days are designed so that – for every aspect of Financial Crime – participants understand the components of good programs as well as the regulatory pressures and expectations that drive them. Participants will be able to assess and challenge the set up in their respective firms so that gaps can be addressed. Recent case studies are used to highlight the reasons behind the regulatory actions as well as talking through the impact of recent legislation. The focus is on the practical aspects of the legislation and examples from the presenter’s extensive personal experience.
The last day ensures that participants are prepared and confident to meet the challenges of regulatory visits, and can help their firm obtain the best possible regulatory outcome. Participants are shown techniques and strategies to deal with the challenges of visits. Through a highly interactive course participants try out these techniques and practice visit management in a training environment. At the end of the course participants will able to:
Assess their firms’ Financial Crimes programs critically
Understand the practical issues that arise with programs
Identify potential areas for improvements in combatting financial crime
Prepare staff for regulatory meetings and interviews
Effectively manage regulatory visits
Read full course description
This course is designed to help firms meet the challenges of enhanced regulatory scrutiny in the area of
AML and Financial Crime.
The first two days are designed so that – for every aspect of Financial Crime – participants understand the components of good programs as well as the regulatory pressures and expectations that drive them. Participants will be able to assess and challenge the set up in their respective firms so that gaps can be addressed. Recent case studies are used to highlight the reasons behind the regulatory actions as well as talking through the impact of recent legislation. The focus is on the practical aspects of the legislation and examples from the presenter’s extensive personal experience.
The last day ensures that participants are prepared and confident to meet the challenges of regulatory visits, and can help their firm obtain the best possible regulatory outcome. Participants are shown techniques and strategies to deal with the challenges of visits. Through a highly interactive course participants try out these techniques and practice visit management in a training environment. At the end of the course participants will able to:
Assess their firms’ Financial Crimes programs critically
Understand the practical issues that arise with programs
Identify potential areas for improvements in combatting financial crime
Prepare staff for regulatory meetings and interviews
Effectively manage regulatory visits
Read full course description
AMLRV | In Depth Overview
AMLRV | In Depth Overview
AMLRV | AML and Regulatory Visits
______________________
Limited to just 20 participants. Days 1 & 2 give practical guidance and insight into all aspects of the component parts of a Financial Crime structure and program. It equips participants with the skills and experience to assess the arrangements within their respective firms so that these are effective and meet regulatory expectations. Day 3 gives practical guidance and practice of regulatory visit management techniques. It equips participants with the skills and experience to manage and participate in regulatory visits successfully.
Why attend
AML and Combatting Financial Crime
These sessions provide insights into all aspects of financial crime – anti-moneylaundering, sanctions, anti-bribery and corruption, and fraud. Recent cases are considered, regulatory developments in response to shortcomings are discussed, and guidance is given on the implications that need to be considered within a firm.
Deficiencies in Financial Crime programmes can have a significant impact on firms. This course equips firms to meet the challenges of enhanced regulatory scrutiny on financial crime issues.
Successful Regulatory Visits
A poor regulatory visit can significantly impact the tone and intensity of the regulatory relationship and scale of actions required of the firm by the regulator, including remediation actions or regulatory sanctions in areas such as financial crime.
Through giving participants the experience of a visit and enabling them to practice the skills they need, this course helps equip participants to give their firm the best possible outcome from regulatory visits.
Who Should Attend?
Staff in areas such as Compliance, Legal, AML / Financial Crime, Risk, Finance, Treasury, IT, Operations, HR, Business Management and Audit with first line, second or third line of defence responsibilities for financial crime as part of their role.
Staff involved in the management of regulatory visits or who are impacted by regulatory meetings and visits.
Speakers Profile
Highly experienced financial crime practitioner with over 20 years as an MLRO and regional financial crime head at major FI’s. Extensive experience in other aspects of compliance, internal governance and internal audit.
Highly experienced ex-regulator who has led over 90 visits as a regulator and managed over 50 visits while in leading firms
AML – Ian Lyall
______________________
| DAY 1 | 08:30-09:00 | Registration |
| 09:00-09:15 | Introductions, logistics, course objectives | |
| 09.15-09.30 | Moneylaundering – back to basics | |
| 09.30-09:45 | What is an AML program, why do we need one and the regulatory drivers | |
| 09:45-10:45 | Focus on Risk Assessments, CDD/KYC including PEPS, Training and Governance | |
| 10.45-11.00 | Break | |
| 11:00-12:00 | Focus on Transaction Monitoring, Record Keeping, MI and Audit | |
| 12:00-12:30 | Case Studies on recent events | |
| 12:30-13.30 | Lunch | |
| 13.30-14.00 | Case Studies 2 | |
| 14:00-14.30 | Punishments for banks and the regulatory reactions | |
| 14:30-15.00 | High Risk Product Considerations including Sanctions | |
| 15.00-15.15 | Break | |
| 15.15-16.00 | The Sanctions Program – the basics | |
| 16:00-16.30 | Practical considerations around Sanctions | |
| 16.30-17.00 | What’s next (the horizon), final questions, wrap-up and course evaluation |
Financial Crime – Ian Lyall
______________________
| DAY 2 | 08:30-08:45 | Introduction |
| 08:45-09:30 | Anti-Bribery & Corruption (ABC) legislation | |
| 09.30-10.00 | The ABC Program and how to structure it | |
| 10.00-10:15 | Break | |
| 10:15-11:15 | Focus on Risk Assessment, CDD and Training | |
| 11.15-12.00 | ABC Case studies and the lessons learnt | |
| 12:00-13:00 | Lunch | |
| 13:00-13.30 | Fraud program Introduction | |
| 13.30-14.15 | Internal Fraud Risks | |
| 14:15-15:00 | External Fraud Risks | |
| 15.00-15.15 | Break | |
| 15.15-15.45 | Some considerations on cybercrime | |
| 15.45-16.15 | How to use the Firm’s existing resources to define a program | |
| 16.15-17.00 | Final questions, wrap-up over the two days and Course evaluation |
Regulatory Visits – Lydia Bailey
______________________
| DAY 3 | ||
| 08:45-09:15 | Introductions and course objectives | |
| 09.15-10.00 | Visit notification (with exercise) | |
| 10.00-10:45 | Information request management (with exercise) | |
| 10:45-11:00 | Break | |
| 11.00-12.00 | Visit preparation (with exercises) | |
| 12:00-12:30 | Visit agenda and administration | |
| 12:30-13.30 | Lunch | |
| 13.30-14.30 | Interview technique (with role plays) | |
| 14:30-15.00 | Day of visit management | |
| 15.00-15.15 | Break | |
| 15.15-16.00 | Interview technique continued (with role plays) | |
| 16:00-16.30 | Post visit management | |
| 16.30-17.00 | Final questions, wrap-up and course evaluation |
Ian Lyall, MAHons
Ian Lyall is an advisor for Global Risk Clinic. Ian has now over 40 years’ experience in Financial Services encompassing Internal Audit, Compliance and Internal Governance, and Financial Crime Compliance. In his 35 years at JPMorgan, he spent 17 years as MLRO for the UK entities as well as many years as the EMEA Regional Head of Financial Crimes Compliance. Since 2014, he has held Financial Crime interim roles at regional level in RBS, Northern Trust and Deutsche Bank. In addition, he was also a Fraud Consultant at Toronto Dominion Bank. In his time at JPMorgan, he had overseas postings in Japan and the UAE, that augment his UK experience. During 2018, Ian has been assisting Lacuna Solutions Ltd, a company that has been established to assist large banks manage their KYC data.
Ian has seen the growth of the Financial Crime Compliance ‘industry’ from the early days in 1993 to where we are today. That gives him an excellent perspective on the issues, the pitfalls and the challenges facing Financial Institutions in this area and provide a perspective on what FI’s need to do to meet the ever rising bar.
Education
- Master of Arts, University of Glasgow
Lydia Bailey, BSc Honours
Lydia Bailey is an advisor for Global Risk Clinic. She has over 25 years wide ranging experience in regulatory risk management and governance. This has been built through employment as a risk specialist at the UK regulator; a regulatory / risk advisor at KPMG; Head of European Compliance at British Petroleum; nine years as Head Of Regulatory Management (formerly Internal Governance) at JPMorgan Chase in the UK; and most recently through work of Metidian Limited. Lydia also serves on the board of the charity Thyroid UK.
Lydia Bailey has experienced regulatory visits from all perspectives. As a regulator she led over ninety regulatory visits to firms in UK, US and Asia. As BP Head of Compliance for UK and Europe, and then through her work at JPMorgan as Head of the EMEA Regulatory Management she managed over fifty regulatory visits. She now helps others prepare for regulatory visits and meetings and has partnered with Unicorn Training to produce an interactive e-learning tool on regulatory meeting technique https://www.unicorntraining.com/successful-regulatory-meetings In this workshop she shares her practical experience and insights.
Education
- Bachelor of Science (Honours), University of Hull
AMLRV | AML and Regulatory Visits
______________________
Limited to just 20 participants. Days 1 & 2 give practical guidance and insight into all aspects of the component parts of a Financial Crime structure and program. It equips participants with the skills and experience to assess the arrangements within their respective firms so that these are effective and meet regulatory expectations. Day 3 gives practical guidance and practice of regulatory visit management techniques. It equips participants with the skills and experience to manage and participate in regulatory visits successfully.
Why attend
AML and Combatting Financial Crime
These sessions provide insights into all aspects of financial crime – anti-moneylaundering, sanctions, anti-bribery and corruption, and fraud. Recent cases are considered, regulatory developments in response to shortcomings are discussed, and guidance is given on the implications that need to be considered within a firm.
Deficiencies in Financial Crime programmes can have a significant impact on firms. This course equips firms to meet the challenges of enhanced regulatory scrutiny on financial crime issues.
Successful Regulatory Visits
A poor regulatory visit can significantly impact the tone and intensity of the regulatory relationship and scale of actions required of the firm by the regulator, including remediation actions or regulatory sanctions in areas such as financial crime.
Through giving participants the experience of a visit and enabling them to practice the skills they need, this course helps equip participants to give their firm the best possible outcome from regulatory visits.
Who Should Attend?
Staff in areas such as Compliance, Legal, AML / Financial Crime, Risk, Finance, Treasury, IT, Operations, HR, Business Management and Audit with first line, second or third line of defence responsibilities for financial crime as part of their role.
Staff involved in the management of regulatory visits or who are impacted by regulatory meetings and visits.
Speakers Profile
Highly experienced financial crime practitioner with over 20 years as an MLRO and regional financial crime head at major FI’s. Extensive experience in other aspects of compliance, internal governance and internal audit.
Highly experienced ex-regulator who has led over 90 visits as a regulator and managed over 50 visits while in leading firms
AML – Ian Lyall
______________________
DAY 1
08:30-09:00
Registration
09:00-09:15
Introductions, logistics, course objectives
09.15-09.30
Moneylaundering – back to basics
09.30-09:45
What is an AML program, why do we need one and the regulatory drivers
09:45-10:45
Focus on Risk Assessments, CDD/KYC including PEPS, Training and Governance
10.45-11.00
Break
11:00-12:00
Focus on Transaction Monitoring, Record Keeping, MI and Audit
12:00-12:30
Case Studies on recent events
12:30-13.30
Lunch
13.30-14.00
Case Studies 2
14:00-14.30
Punishments for banks and the regulatory reactions
14:30-15.00
High Risk Product Considerations including Sanctions
15.00-15.15
Break
15.15-16.00
The Sanctions Program – the basics
16:00-16.30
Practical considerations around Sanctions
16.30-17.00
What’s next (the horizon), final questions, wrap-up and course evaluation
Financial Crime – Ian Lyall
______________________
DAY 2
08:30-08:45
Introduction
08:45-09:30
Anti-Bribery & Corruption (ABC) legislation
09.30-10.00
The ABC Program and how to structure it
10.00-10:15
Break
10:15-11:15
Focus on Risk Assessment, CDD and Training
11.15-12.00
ABC Case studies and the lessons learnt
12:00-13:00
Lunch
13:00-13.30
Fraud program Introduction
13.30-14.15
Internal Fraud Risks
14:15-15:00
External Fraud Risks
15.00-15.15
Break
15.15-15.45
Some considerations on cybercrime
15.45-16.15
How to use the Firm’s existing resources to define a program
16.15-17.00
Final questions, wrap-up over the two days and Course evaluation
Regulatory Visits – Lydia Bailey
______________________
DAY 3
08:45-09:15
Introductions and course objectives
09.15-10.00
Visit notification (with exercise)
10.00-10:45
Information request management (with exercise)
10:45-11:00
Break
11.00-12.00
Visit preparation (with exercises)
12:00-12:30
Visit agenda and administration
12:30-13.30
Lunch
13.30-14.30
Interview technique (with role plays)
14:30-15.00
Day of visit management
15.00-15.15
Break
15.15-16.00
Interview technique continued (with role plays)
16:00-16.30
Post visit management
16.30-17.00
Final questions, wrap-up and course evaluation
Ian Lyall, MAHons
Ian Lyall is an advisor for Global Risk Clinic. Ian has now over 40 years’ experience in Financial Services encompassing Internal Audit, Compliance and Internal Governance, and Financial Crime Compliance. In his 35 years at JPMorgan, he spent 17 years as MLRO for the UK entities as well as many years as the EMEA Regional Head of Financial Crimes Compliance. Since 2014, he has held Financial Crime interim roles at regional level in RBS, Northern Trust and Deutsche Bank. In addition, he was also a Fraud Consultant at Toronto Dominion Bank. In his time at JPMorgan, he had overseas postings in Japan and the UAE, that augment his UK experience. During 2018, Ian has been assisting Lacuna Solutions Ltd, a company that has been established to assist large banks manage their KYC data.
Ian has seen the growth of the Financial Crime Compliance ‘industry’ from the early days in 1993 to where we are today. That gives him an excellent perspective on the issues, the pitfalls and the challenges facing Financial Institutions in this area and provide a perspective on what FI’s need to do to meet the ever rising bar.
Education
- Master of Arts, University of Glasgow
Lydia Bailey, BSc Hons
Lydia Bailey is an advisor for Global Risk Clinic. She has over 25 years wide ranging experience in regulatory risk management and governance. This has been built through employment as a risk specialist at the UK regulator; a regulatory / risk advisor at KPMG; Head of European Compliance at British Petroleum; nine years as Head Of Regulatory Management (formerly Internal Governance) at JPMorgan Chase in the UK; and most recently through work of Metidian Limited. Lydia also serves on the board of the charity Thyroid UK.
Lydia Bailey has experienced regulatory visits from all perspectives. As a regulator she led over ninety regulatory visits to firms in UK, US and Asia. As BP Head of Compliance for UK and Europe, and then through her work at JPMorgan as Head of the EMEA Regulatory Management she managed over fifty regulatory visits. She now helps others prepare for regulatory visits and meetings and has partnered with Unicorn Training to produce an interactive e-learning tool on regulatory meeting technique https://www.unicorntraining.com/successful-regulatory-meetings In this workshop she shares her practical experience and insights.
Education
- Bachelor of Science (Hons), University of Hull