ACI's AML & OFAC Compliance for the Insurance Industry
Wednesday, January 23, 2013 - Thursday, January 24, 2013
06:00 AM GMT - 06:00 AM GMT
"Avoiding Costly Sanctions and Ensuring Compliance in an Era of Heightened Scrutiny and Enhanced Regulatory and Enforcement Initiatives"
Building on the incredible success of the first two events and in response to demand from the market, American Conference Institute has developed the 3rd Annual Forum on AML and OFAC Compliance for the Insurance Industry specifically to address the unique challenges facing insurance and reinsurance companies. AML/OFAC compliance experts from industry leaders, and experienced outside counsel will provide you with best practices and proven strategies for:
Evaluating your current AML and OFAC programs and identifying potential pitfalls, areas of concern, and compliance gaps
Striking the appropriate balance between increasing efficiency while maintaining the integrity of your compliance programs
Conducting accurate and effective AML risk assessments and implementing appropriate controls in response to an AML risk assessment
SARs, KYC protocols, CIPs, and information sharing: Reporting potential laundering activity and overcoming the challenges of identification, including cases involving potential elder exploitation
Paul Hastings partner Behnam Dayanim is a featured panelist on Day One at 2:40 pm to discuss "Conducting Effective Internal Investigations into Potential Money Laundering, Fraud, Sanctions Violations, or FCPA Violations."
Assessing when an investigation is necessary
Determining who should conduct the investigation
Evaluating the type of investigation that meets your needs
Conducting an internal investigation
Evaluating and assessing the overlaps between fraud investigations and money laundering investigations
Minimizing risks to the company when conducting an investigation
Preserving documentary and computer evidence
How attorney-client privilege and the work product doctrine apply
Implementing changes based on investigation findings
Who to notify about findings and when to notify them
For additional information and to register, visit the ACI website here.