Fraud Detection & AML Regional Seminars

Topics include: Human Trafficking, High-Risk Customer Management, Emerging Fraud Schemes & Scams and more!

Free Fraud Detection & AML Regional Seminars

Topics include: Human Trafficking, High-Risk Customer Management, Emerging Fraud Schemes & Scams & more!

Fraud Trends & BSA/AML Hot Topics

Join us at a complimentary seminar location near you, as industry and product experts discuss trends in financial crime and banking technology, and provide in-depth training on detection and investigation strategies to help stop financial crime.

Tour Locations

Events are from 8:30am to 3:00pm

Accreditation & Credits

5 CAMS, 6.5 CAFP, 6.5 CRCM credits

The 2018 FRAMLx Tour has been approved for 6.5 CAFP, 6.5 CRCM credits*  and 5 CAMS credits. Attendees may be eligible to receive up to 5 Continuing Professional Education (CPE) credits towards industry accreditation programs, such as CFE and CFCS.

Attendees to this free educational event will receive a certificate of attendance for their records.

*This statement should not be viewed as an endorsement of this program or its sponsor. Certification holders must report these credits at aba.csod.com

Agenda

Agenda subject to change. Updated Jan. 9, 2018.

9:00am – 10:00am

Human Trafficking Typologies & Best Practices for Investigation

This session provides an overview of the crime of Human Trafficking and outlines best practices for investigations:

  • Review financial red flag indicators and human trafficking typologies from industry advisories and reports.
  • Insights from industry experts into the complexities of human trafficking through the context of real-life cases.
  • Overview of current strategies and best practices employed by financial institutions to uncover victims of human trafficking.

10:00am – 10:30am

Collaborative Investigations: Combatting Crime Rings & Organized Illicit Activity

This session will focus on industry approaches to combat complex criminal activity that spans multiple institutions:

  • Review of key challenges that individual institutions face in their ability to uncover complex crimes, such as human trafficking, terrorist financing and drug trafficking.
  • Discussion on industry approaches to collaborative investigations including multi-institution consortium projects, and information sharing under Section 314(b) of the US PATRIOT Act.
  • How technology can facilitate collaboration and cross-institutional detection of suspicious activity.

10:30am – 10:45am

Break

10:45am – 12:00pm

UBO, CDD/EDD & High-Risk Customers: Managing and Monitoring Risks

This session will focus on BSA/AML requirements for customer due diligence, enhanced due diligence and high-risk customer management:

  • Review of regulatory requirements and obligations related to Ultimate Beneficial Ownership, and the potential impact on financial institutions’ processes and procedures.
  • Discussion on industry approaches to managing high-risk customer categories, including NRAs, PEPs, MSBs, CIBs, TPPPs, PSPs, MRBs, etc.
  • Review of best practices for meeting due diligence requirements for ongoing monitoring and reviewing high-risk customers.

12:00pm – 1:00pm

Lunch

1:00pm – 2:30pm

The Evolution of Fraud: Emerging Trends & Scam Scenarios

This session will focus on the growing threat to financial institutions and customers from fraudsters, including:

  • Review of industry alerts, advisories, and guidance on emerging fraud trends targeting financial institutions, and their customers.
  • Presentation of case studies on loss prevention, detection, and investigation strategies for fraud schemes across all channels including: payments fraud, check fraud, card fraud, and online account fraud.
  • Discussion on mitigation strategies, best practices, and new technologies to prevent losses and gain efficiencies in fraud management.

Check back soon for more information on locations, speakers and topics.