Program | ABA/ABA Financial Crimes Enforcement Conference

7:30 AM - 5:00 PM

Conference Registration Open

7:30 AM - 8:15 AM

Power Breakfast Sessions
Sponsored by McKinsey & Company

Partner with the First Line to Drive the Next Wave of AML KYC Innovations at Your Institutions

Join us as we discuss how to take stock of step change opportunities and identify innovation opportunities (e.g., building out GenAI components and ecosystem). Additionally, build business cases around innovations, and rally the organization to support/fund, and partner with the 1st line early and effectively to maximize impact (e.g., insights from data to grow business while managing risk).

Speakers:

• Olivia Conjeaud, Partner, McKinsey
• Scott Werner, Associate Partner, McKinsey
• Douglas Sloan, Former Head of Sanctions, GTB AML, and Special Investigations, Deutsche Bank

8:00 AM - 8:30 AM

Continental Breakfast in the Foyer

8:30 AM - 10:00 AM

General Session

GS Part 1: State of the Industry: Keynote address by Rob Nichols, President and CEO of the American Bankers Association

We are pleased to present ABA’s CEO, Rob Nichols, who will outline key financial crimes concerns and ABA’s initiatives in response.

GS Part 2: Keynote Address: Undersecretary of Terrorism and Financial Intelligence Brian E. Nelson

We are honored to have US Treasury’s Undersecretary of Terrorism and Financial Intelligence, Brian E. Nelson, spend time outlining their view of key risks and new initiatives for the year ahead.

10:00 AM - 11:00 AM

Break in The Hub

Your conference experience isn’t complete until you visit our corporate partners in the exhibitor Hub. Get to know this year’s exhibitors who offer the full array of essential advisory services and innovative software.

11:00 AM - 11:45 AM

Concurrent Sessions - Series # 1
Choose from six options covering the full range of financial crimes topics including: BSA/AML, Fraud, Governance and Leadership

1A – Does Your FinTech Third Party Risk Management Meet Regulatory Expectations for AML?
Repeated in 2A

As the financial services industry continues its fast-paced evolution, banks entering into new business partnerships with FinTechs must ensure that those partnerships comply with AML laws and regulations. Join our experts as they share real-world examples and offer ideas on how to improve your FinTech third party AML due diligence as well as how to analyze due diligence information and create a strong program to mitigate the risks.  

Moderator:

• Krista Shonk, Vice President and Senior Counsel, Regulatory Compliance and Policy, American Bankers Association

Speakers:

• Daniel P. Stipano, Partner, Davis Polk & Wardwell LLP

1B – Anti-Money Laundering Whistleblower Improvement Acts: Changes You Need to Make Now
Repeated in 2B

Three years after the AML Act of 2020 mandated significant changes to the FinCEN’s whistleblower program, FinCEN is on the verge of proposing new whistleblower regulations and fully implementing its enhanced program. This session will update you on the changes to FinCEN’s whistleblower program, provide insights as to the practical impacts FinCEN’s whistleblower program may have on your bank, and discuss actions your bank can take now to prepare for an increase in whistleblower complaints. The session will also address the ethical considerations bankers and lawyers may face when presented with whistleblower complaints.

Moderator:

• Julian, L. Andre, Partner, McDermott Will & Emery LLP

Speakers:

• Thomas H. Bienert, Jr., Partner, Bienert Katzman Littrell Williams LLP
• Eddie Jauregui, Partner, Holland & Knight

1C – Elder Financial Exploitation SARs in Practice
Repeated in 2C

Across the country, investigators and prosecutors are proactively mining SARs for case leads and disruption efforts. These teams churn through a high-volume of SARs to decide where to dedicate resources. This session will focus on scam-related SARs and, using hypothetical SAR narratives and structured data, illustrate attributes that might garner more investigator attention. We will also discuss how investigators leverage SARs and enrich it with other data sources.

Moderator:

• Sam Kunjukunju, Vice President, Consumer Education, Community Engagement, American Bankers Association

Speakers:

• Jacqueline M. Blaesi-Freed, Assistant Director, Consumer Protection Branch, U.S. Department of Justice
• Timothy Wu, Supervisory Special Agent, Money Laundering, Forfeiture, and Bank Fraud Unit, FBI Headquarters

1D – Check Fraud Risks: What You Need to Know Now
Repeated in 2D

While we have been focusing our efforts on check fraud risks for some time, new criminal tactics continue to challenge the system.  Join our experts in a discussion of current check fraud risks and how to mitigate them.

Moderator:

• James “Jim” Hitchcock, Vice President, Fraud Mitigation and Security, American Bankers Association

Speakers:

• Karen Boyer, Senior Vice President, Financial Crimes, Fraud Intelligence, M&T Bank
• Brendan Donahue, Assistant Inspector in Charge, Mail Theft & Child Exploitation , USPIS HQ Criminal Investigations Group, United States Postal Service

1E – Data Governance: Measuring and Monitoring for Quality, Hygiene, and Lineage
Repeated in 2E

Join this panel of experienced bankers to talk through some of the latest practices in a strong data governance program. They’ll focus mostly on issues surrounding tracking data quality and especially how to ensure it traces accurately from source to warehouse to application. With data being central to every activity, panelists will also discuss how to integrate data governance into every aspect of your financial crimes program.

Moderator/Speaker:

• James Arndts, BSA Officer and Head of Financial Crimes of Americas, MUFG

Speakers:

• Marc Pauls, Wells Fargo Commercial Banking, Client Insights & Commercial Lending Product Management, Business Data Leader
• Cortney Uritz, Director, Head of Financial Crime Data Office, MUFG Americas

1F – Introducing…Government Entities Involved in Financial Crimes You May Not Know!
Repeated in 2F

The fight against financial crime involves many stakeholders, even ones beyond the well-known federal regulatory and law enforcement agencies. In this session we will introduce you to a variety of additional governmental agencies who play a pivotal role in working with financial institutions to conduct investigations and discuss each of their roles and when and how they are engaged. This session will provide you with an understanding of their agency’s role in partnering with financial institutions and other agencies. You’ll walk away from this session with expanding your awareness and ability to build your network of government entities and agencies that are allies in financial crime investigations; recognize the similarities and differences between governmental agencies and how they interact with the financial sector; and gain deeper insight into other stakeholders who leverage SAR reporting.

Moderator:

• Rebecca “Becky” Schauer Robertson, Executive Vice President Deputy BSA Officer & Financial Crimes Manager, Blue Ridge Bank, N.A.

Speakers:

• Brooks Abramson, Senior Special Agent, UI Fraud, Office of Inspector General, U.S. Department of Labor-(HQ)
• Stan Svrlinga, Forensic Accountant, U.S. Department of Commerce, Office of Inspector General, Office of Investigations
• Michael C. Serra, Special Agent, FDIC-OIG (FDIC, Office of the Inspector General)

11:45 AM - 1:00 PM

Innovation Showcase Luncheon 

Join us for lunch where you will hear the latest from the top innovative companies in the industry.

1:00 PM - 1:30 PM

Dessert Break in the Hub

Your conference experience isn’t complete until you visit our corporate partners in the exhibitor Hub.

1:30 PM - 2:15 PM

Concurrent Sessions - Series # 2

2A – Does Your FinTech Third Party Risk Management Meet Regulatory Expectations for AML?
Repeated in 1A

As the financial services industry continues its fast-paced evolution, banks entering into new business partnerships with FinTechs must ensure that those partnerships comply with AML laws and regulations. Join our experts as they share real-world examples and offer ideas on how to improve your FinTech third party AML due diligence as well as how to analyze due diligence information and create a strong program to mitigate the risks. 

Moderator:

• Krista Shonk, Vice President and Senior Counsel, Regulatory Compliance and Policy, American Bankers Association

Speakers:

• Daniel P. Stipano, Partner, Davis Polk & Wardwell LLP

2B – Anti-Money Laundering Whistleblower Improvement Acts: Changes You Need to Make Now
Repeated in 1B

Three years after the AML Act of 2020 mandated significant changes to the FinCEN’s whistleblower program, FinCEN is on the verge of proposing new whistleblower regulations and fully implementing its enhanced program. This session will update you on the changes to FinCEN’s whistleblower program, provide insights as to the practical impacts FinCEN’s whistleblower program may have on your bank, and discuss actions your bank can take now to prepare for an increase in whistleblower complaints. The session will also address the ethical considerations bankers and lawyers may face when presented with whistleblower complaints.

Moderator:

• Julian, L. Andre, Partner, McDermott Will & Emery LLP

Speakers:

• Thomas H. Bienert, Jr., Partner, Bienert Katzman Littrell Williams LLP
• Eddie Jauregui, Partner, Holland & Knight

2C – Elder Financial Exploitation: Mitigating Current Risks
Repeated in 1C

Across the country, investigators and prosecutors are proactively mining SARs for case leads and disruption efforts. These teams churn through a high-volume of SARs to decide where to dedicate resources. This session will focus on scam-related SARs and, using hypothetical SAR narratives and structured data, illustrate attributes that might garner more investigator attention. We will also discuss how investigators leverage SARs and enrich it with other data sources.

Moderator:

Sam Kunjukunju, Vice President, Consumer Education, Community Engagement, American Bankers Association

Speakers:

• Jacqueline M. Blaesi-Freed, Assistant Director, Consumer Protection Branch, U.S. Department of Justice
• Timothy Wu, Supervisory Special Agent, Money Laundering, Forfeiture, and Bank Fraud Unit, FBI Headquarters

2D – Check Fraud Risks: What You Need to Know Now
Repeated in 1D

While we have been focusing our efforts on check fraud risks for some time, new criminal tactics continue to challenge the system.  Join our experts in a discussion of current check fraud risks and how to mitigate them.

Moderator:

• James “Jim” Hitchcock, Vice President, Fraud Mitigation and Security, American Bankers

Speakers:

• Karen Boyer, Senior Vice President, Financial Crimes, Fraud Intelligence, M&T Bank
• Brendan Donahue, Assistant Inspector in Charge, Mail Theft & Child Exploitation , USPIS HQ Criminal Investigations Group, United States Postal Service

2E – Data Governance: Measuring and Monitoring for Quality, Hygiene, and Lineage
Repeated in 1E

Join this panel of experienced bankers to talk through some of the latest practices in a strong data governance program. They’ll focus mostly on issues surrounding tracking data quality and especially how to ensure it traces accurately from source to warehouse to application. With data being central to every activity, panelists will also discuss how to integrate data governance into every aspect of your financial crimes program.

Moderator/Speaker:

• James Arndts, BSA Officer and Head of Financial Crimes of Americas, MUFG

Speakers:

• Marc Pauls, Wells Fargo Commercial Banking, Client Insights & Commercial Lending Product Management, Business Data Leader
• Cortney Uritz, Director, Head of Financial Crime Data Office, MUFG Americas

2F – Introducing…Government Entities Involved in Financial Crimes You May Not Know!
Repeated in 1F

The fight against financial crime involves many stakeholders, even ones beyond the well-known federal regulatory and law enforcement agencies. In this session we will introduce you to a variety of additional governmental agencies who play a pivotal role in working with financial institutions to conduct investigations and discuss each of their roles and when and how they are engaged. This session will provide you with an understanding of their agency’s role in partnering with financial institutions and other agencies. You’ll walk away from this session with expanding your awareness and ability to build your network of government entities and agencies that are allies in financial crime investigations; recognize the similarities and differences between governmental agencies and how they interact with the financial sector; and gain deeper insight into other stakeholders who leverage SAR reporting.

Moderator:

• Rebecca “Becky” Schauer Robertson, Executive Vice President Deputy BSA Officer & Financial Crimes Manager, Blue Ridge Bank, N.A.

Speakers:

• Brooks Abramson, Senior Special Agent, UI Fraud, Office of Inspector General, U.S. Department of Labor-(HQ)
• Stan Svrlinga, Forensic Accountant, U.S. Department of Commerce, Office of Inspector General, Office of Investigations
• Michael C. Serra, Special Agent, FDIC-OIG (FDIC, Office of the Inspector General)

2:15 PM - 2:30 PM

Break

2:30 PM - 3:15 PM

Concurrent Sessions - Series #3

3A – Transactional Typologies in Terrorist Financing
Repeated in 4A

Are you keeping up with the latest trends in terrorist financing?  Join our expert team as they share top international and domestic terrorist financing threats as well as discuss law enforcement needs and the reporting required to support strong investigations and feedback loops.

Moderator: 

• Heather Allen, Deputy Director of Financial Crime, Senior Vice President, Truist

Speakers:

• Carlos Gonzalez, Senior Vice President, Financial Crimes Deputy Director, Truist
• Dennis Lormel, President, DML Associates, LLC

3B – Upgrading Your Risk Assessment to Meet Today’s New Risks (of special interest to small and mid-size institutions)
Repeated in 4B

What are you using your risk assessment for?  Regulatory supervisory requirements or more?  Are you updating your risk assessment to coincide with new products and customer types?  Are you aligning your risk assessment with the White House’s National Priorities?  Join us as we discuss how to leverage your risk assessments to improve your risk mitigation for new products and services.

Moderator: 

• Rebecca “Becky” Schauer Robertson, Executive Vice President Deputy BSA Officer & Financial Crimes Manager, Blue Ridge Bank, N.A.

Speakers:

• Carl Francois, BSA and Fraud Officer, Southern First Bank
• Nicolas Khouri, Senior Compliance Director, Deputy BSA/AML Officer, Ally

3C – Money Laundering Trends in Narcotics Trafficking
Repeated in 4C

Money laundering related to narcotics trafficking is a current focus of the banking regulators, FinCEN, and DOJ in exams and enforcement actions. Are you keeping up with the latest in money laundering trends in narcotics trafficking? Join our expert team of law enforcement, banking, and former DOJ and FinCEN as they share top international and domestic money laundering trends in narcotics trafficking, as well as discuss law enforcement needs and the reporting required to support strong investigations and feedback loops to the industry.

Moderator: 

• Stephanie Brooker, Partner

Speaker:

• Agent James Nunnallee, Chief of Domestic Operations, DEA
• Beau Stubbs, Senior Vice President and Director, BSA & OFAC Administration, Cadence Bank

3D – Faster Payments Doesn’t Have to Mean Faster Fraud
Repeated in 4D

We all know that instant payments pose unique challenges in combating fraud because they are immediate and irrevocable. Individuals, businesses, financial institutions and technology providers may be able to combat instant payments fraud similarly to how they combat fraud for other payment types, but it’s wise to review and adjust these measures in light of instant payment characteristics. This session will provide insights on fraud mitigation strategies designed specifically for FedNow transactions implemented by banks and the Federal Reserve.

Moderator/Speaker: 

• Steve Kenneally, Senior Vice President, Payments, American Bankers Association

Speakers:

• Tanmoy Banerjee, Director, Immediate Payments, BNY Mellon
• Stephanie Miracle, Product Director FedNow, Federal Reserve Bank of Boston

3E – Tuning Up Your AML Model Risk Management Program
Repeated in 4E

Is your AML model risk management program doing all it can to meet regulatory expectations and manage risk?  This session is designed to help you benchmark what you are doing against the latest leading practices especially how technology is being leveraged in new ways to manage AML model risk.

Speakers:

• Shannon Bennett, Senior Vice President, Compliance Technology Product Management, Wintrust Financial Corporation
• Nicholas Pelino, Senior Managing Director, FTI Consulting
• Matt Bernard, Senior Vice President, Director of Risk Analytics, Bell Bank

3F – Off-Channel Communications: Managing Employee Use of Personal Devices for Work-Related Communications  
Repeated in 4F

As many of you are aware, “off-channel communications” are when employees use unapproved forms of communication to discuss business, including sharing of customer/client information. This can include text messaging on personal devices or online messaging services. What has become alarming, since late 2021, U.S. federal regulators have fined financial institutions over $1 billion for employees using off-channel communications. Join us as we review what qualifies as business communications and what is expected in terms of documenting communications and how to set up monitoring and controls to avoid violations.

Moderator:

• Michael J. Leotta, Partner, WilmerHale

Speakers:

• Gautam Sachdev, Partner, AlixPartners
• Richard Harvey, Jr., Executive Vice President, General Counsel and Director, Compliance Risk, Beneficial State Bank

3:15 PM - 3:30 PM

Break

3:30 PM - 5:00 PM

General Session

Public/Private Partnership in AML and Fraud: New Ways of Thinking About Working with Law Enforcement

Key law enforcement partners and senior level bankers will provide new insights and practices that you can use to benchmark and improve your own collaboration strategies and practices. The focus will be on what success looks like through examples.

Moderator: 

• Sepideh Rowland, Senior Managing Director, Financial Services Practice

Speakers:

• Raul Aguilar, Deputy Assistant Director, Financial and Fraud Division, Homeland Security Investigations, US Department of Homeland Security
• James Barnacle, Chief, Financial Crimes Section, Criminal Investigative Division, Federal Bureau of Investigation
• Stephen Dougherty, Financial Fraud Investigator - U.S. Secret Service - Global Investigative Operations Center
• Guy Ficco, Deputy Chief, IRS Criminal Investigation
• Dale Kasprzyk, Head of the BSA Financial Investigations Unit, M&T Bank
• Marilu Jimenez, Chief Compliance Officer, Nave Bank

5:00 PM - 6:00 PM

Reception in The Hub

7:30 AM - 5:00 PM

Registration Open

7:30 AM - 8:15 AM

Power Breakfast Sessions

The Risks and Benefits of Banking the Digital Payments Industry
Sponsored by Guidehouse

The explosion of digital payment technology has offered customers the ability to facilitate faster, more seamless payments outside of their bank accounts. The digital payment industry remains resilient and is seeking Bank partners to broaden their global reach. This panel will discuss the complexities of onboarding digital payment companies onto banking platforms and the risks of rewards of doing so. Please join Guidehouse and industry professionals for this important and timely discussion.

Moderator:

• Tracy Angulo, Director, Financial Crime, Fraud & Investigative Services

Speakers:

• Josh Blazer, Chief BSA/AML Officer, SoFi
• Brian Montgomery, Partner, Pillsbury, Winthrop Shaw Pittman LLP
• Joseph Hanvey, Chief Compliance Officer, FalconX

Human Trafficking: Closer to Home than You Think

Sponsored by: Abrigo

Human trafficking is one of the fastest growing criminal activities in the world, exploiting over 45 million people and generating an estimated $150 billion in profits each year. Through force, fraud, and coercion, traffickers compel victims of all genders, ages, and nationalities into labor and sexual exploitation situations. Often, money is the fuel that incentivizes traffickers and funds the operations of trafficking networks. Financial institutions have a critical role in identifying and disrupting human trafficking. This session will discuss what financial institutions and BSA professionals can do to help identify, flag, and prevent human trafficking. It’s closer to home than you think.

Speaker:

• Terri Luttrell, CAMS-Audit, CFCS, Compliance and Engagement Director

8:00 AM - 8:30 AM

Continental Breakfast in the Foyer

8:30 AM - 10:30 AM

General Session

Part 1: AML Regulatory Enforcement Concerns: A Fireside Chat

Our experts will engage in a lively discussion focused on key AML enforcement matters impacting banks. You’ll hear from Treasury’s Counselor for Enforcement, Paul Ahern, JP Morgan Chase’s Global Head for Financial Crimes Compliance, Peter Neilson and ABA’s own Senior Vice President for AML and Sanctions, Heather Trew.

Moderator:

• Heather Trew, Senior Vice President and Counsel, BSA, AML and Sanctions, American Bankers Association

Speakers:

• Paul Ahern, Counselor for Enforcement, US Department of the Treasury
• Peter J. Neilson, Managing Director, Global Head for Financial Crimes Compliance, JPMorgan Chase

Part 2: Regulatory Roundtable

After a short break, in Part 2, we will bring you our annual multi-agency supervisory roundtable discussion featuring exam trends and expectations, beneficial ownership rule implementation and other key supervisory hot button issues. This session is one not to miss!

Speakers:

• Lisa D. Arquette, Associate Director, Division of Risk Management Supervision, Federal Deposit Insurance Corporation
• James Martinelli, Deputy Associate Director, Policy Division, Financial Crimes Enforcement Network (FinCEN)
• Donna Murphy, Deputy Comptroller for Compliance Risk Policy, Office of the Comptroller of the Currency (OCC)
• Suzanne Williams, Deputy Associate Director, Division of Supervision and Regulation, Board of Governors of the Federal Reserve System

10:30 AM - 11:15 AM

Break in the Hub

Get to know this year’s exhibitors who offer the full array of essential advisory services and innovative software in the Hub.

11:15 AM - 12:00 PM

Concurrent Sessions - Series #4

12:15 PM - 1:45 PM

Seated Luncheon and Presentation

Cyber-Enabled Crime Threats: A Critical Update

Join ABA’s Cybersecurity Expert John Carlson and former Chief of Staff for the Cybersecurity and Infrastructure Security Agency (CISA), Kiersten Todt for a comprehensive briefing on current cybercrime threats and how banks of all sizes should respond.

Speakers:

• John Carlson, Senior Vice President, Cybersecurity, American Bankers Association
• Kiersten Todt, CEO and Managing Partner, Liberty Group Ventures, LLC

1:45 PM - 2:15 PM

Dessert Break in the Hub

1:30 PM - 2:15 PM

Concurrent Sessions - Series #5

5A – Are the Old Ways of Transaction Monitoring Dead?
Repeated in 6A

Typology, rule, alert, case, SAR. This is the way we've done it across the industry, but should we? With a false positive rate hovering in the high 90's decade after decade, the industry is crying out for a better way. Our panelists will discuss the art of the possible, where they're seeing improvements on a practical level, and thoughts on prudent transformation that meets regulatory expectations.

Moderator:

• Megan D. Hodge, Executive Compliance Director, BSA/AML Officer, Enterprise Compliance Regulatory Affairs, Ally Bank

Speakers:

• Carrie Gilson, Senior Vice President, Director of Financial Intelligence & Analytics, US Bank
• Lisa Wheeler, Managing Director, Global AML Monitoring Strategy and Finance, Financial Crimes, Coverage Strategy and FIU, J.P. Morgan & Co.

5B – When Do You Engage External and/or Internal Counsel? 
Repeated in 6B

Every seasoned Compliance Officer knows the value of expert legal advice delivered at the right time. But what are the right topics and when is the right time? And can your internal legal team provide the support needed, or is this a job for external counsel? Join our experts as they discuss when to engage (or not engage) your internal and external legal partners.

Moderator:

• Matthew S. Haslinger, Chief BSA/AML Officer, M&T Bank

Speakers:

• Andrew R. Golden, Senior Director, Associate General Counsel, Regulatory Legal, Capital One
• Daniel P. Stipano, Partner, Davis Polk

5C – Sanctions: Connecting the Geopolitical Dots
Repeated in 6C

From Iran to Russia to Hamas - there are too many sanctions risks to outline in this description, but trust that this session will cover all of the new key sanctions updates and risks. We’ll provide a deep understanding of the interrelated connections providing you with the information you need to adjust your program in response to the current geopolitical environment.

Moderator:

• Heather Trew, Senior Vice President and Counsel, BSA, AML and Sanctions, American Bankers Association

Speakers:

• Ari Redbord, Global Head of Policy and Government Affairs, TRM Labs
• Scott Rembrandt, Deputy Assistant Secretary (DAS) for Strategic Policy, US Department of the Treasury

5D – ABA’s 314B Project – Everything you Need To Know
Repeated in 6D

ABA has been collaborating with key banking partners to leverage 314B and build a fraud information sharing system that is nearing completion. Come learn about the purpose, the information it will contain and how banks will benefit once it launches sometime in 2024.

Speakers:

• Paul Benda, Executive Vice President, Risk, Fraud and Cybersecurity, American Bankers Association
• James “Jim” Hitchcock, Vice President, Fraud Mitigation/Security, American Bankers Association

5E – A Risk Based Approach to Improving Efficiencies in Systems: Budget Cuts Do Not Have to Impact Program Effectiveness
Repeated in 6E

Your senior management and board of directors play an essential role in your compliance program and garnering buy-in from them is extremely important, though not necessarily easy. This session will focus on best ways to keep the leadership team fully informed on compliance program matters and clearly communicate important issues. We will discuss how to make sure compliance has a seat at the table, the right governance structure, metrics and design to help sell timely system improvements even in times of budget cuts.

Moderator:

• Marilu Jimenez, Chief Compliance Officer, Nave Bank

Speakers:

• Lisa Grigg, Chief Compliance Officer, US Bank, NA
• Rachele Byrne, Senior Manager, Vice President / AML Governance & Programs, PNC

5F – Digital Asset Compliance and Fraud Risks
Repeated in 6F

Despite the lack of regulatory clarity, extreme volatility, and high-profile prosecutions, cryptocurrency and digital assets are here to stay. Digital Assets remain a significant financial crime risk for banks and a frequent target of federal and state law enforcement and regulatory scrutiny. This session will provide an update on recent digital assets and cryptocurrency fraud schemes and financial crime cases, as well as practical tips for how banks can monitor for and mitigate the ongoing risks associated with digital assets.

Moderator:

• Julian, L. Andre, Partner, McDermott Will & Emery LLP

Speakers:

• Kelly Chapman, Chief Compliance Officer and Head of Legal, Wave Digital Assets
• Jarod Koopman, Executive Director of Cyber and Forensic Services, Criminal Investigation Unit, IRS
• Richard Weber, Partner, Winston & Strawn LLP

3:00 PM - 3:15 PM

Break

3:15 PM - 4:00 PM

Concurrent Sessions - Series #6

6A – Are the Old Ways of Transaction Monitoring Dead?
Repeated in 5A

Typology, rule, alert, case, SAR. This is the way we've done it across the industry, but should we? With a false positive rate hovering in the high 90's decade after decade, the industry is crying out for a better way. Our panelists will discuss the art of the possible, where they're seeing improvements on a practical level, and thoughts on prudent transformation that meets regulatory expectations.

Moderator:

• Megan D. Hodge, Executive Compliance Director, BSA/AML Officer, Enterprise Compliance Regulatory Affairs, Ally Bank

Speakers:

• Carrie Gilson, Senior Vice President, Director of Financial Intelligence & Analytics, US Bank
• Lisa Wheeler, Managing Director, Global AML Monitoring Strategy and Finance, Financial Crimes, Coverage Strategy and FIU, J.P. Morgan & Co.

6B – When Do You Engage External and/or Internal Counsel? 
Repeated in 5B

Every seasoned Compliance Officer knows the value of expert legal advice delivered at the right time. But what are the right topics and when is the right time? And can your internal legal team provide the support needed, or is this a job for external counsel? Join our experts as they discuss when to engage (or not engage) your internal and external legal partners.

Moderator:

• Matthew S. Haslinger, Chief BSA/AML Officer, M&T Bank

Speakers:

• Andrew R. Golden, Senior Director, Associate General Counsel, Regulatory Legal, Capital One
• Daniel P. Stipano, Partner, Davis Polk

6C – Sanctions: Connecting the Geopolitical Dots
Repeated in 5C

From Iran to Russia to Hamas - there are too many sanctions risks to outline in this description, but trust that this session will cover all of the new key sanctions updates and risks. We’ll provide a deep understanding of the interrelated connections providing you with the information you need to adjust your program in response to the current geopolitical environment.

Moderator:

• Heather Trew, Senior Vice President and Counsel, BSA, AML and Sanctions, American Bankers Association

Speakers:

• Ari Redbord, Global Head of Policy and Government Affairs, TRM Labs
• Scott Rembrandt, Deputy Assistant Secretary (DAS) for Strategic Policy, US Department of the Treasury

6D – ABA’s 314B Project – Everything you Need To Know
Repeated in 5D

ABA has been collaborating with key banking partners to leverage 314B and build a fraud information sharing system that is nearing completion. Come learn about the purpose, the information it will contain and how banks will benefit once it launches sometime in 2024.

Speakers:

• Paul Benda, Executive Vice President, Risk, Fraud and Cybersecurity, American Bankers Association
• James “Jim” Hitchcock, Vice President, Fraud Mitigation/Security, American Bankers Association

6E – A Risk Based Approach to Improving Efficiencies in Systems: Budget Cuts Do Not Have to Impact Program Effectiveness
Repeated in 5E

Your senior management and board of directors play an essential role in your compliance program and garnering buy-in from them is extremely important, though not necessarily easy. This session will focus on best ways to keep the leadership team fully informed on compliance program matters and clearly communicate important issues. We will discuss how to make sure compliance has a seat at the table, the right governance structure, metrics and design to help sell timely system improvements even in times of budget cuts.

Moderator:

• Marilu Jimenez, Chief Compliance Officer, Nave Bank

Speakers:

• Rachele Byrne, Senior Manager, Vice President / AML Governance & Programs, PNC
• Lisa Grigg, Chief Compliance Officer, US Bank, NA

6F – Digital Asset Compliance and Fraud Risks
Repeated in 5F

Despite the lack of regulatory clarity, extreme volatility, and high-profile prosecutions, cryptocurrency and digital assets are here to stay. Digital Assets remain a significant financial crime risk for banks and a frequent target of federal and state law enforcement and regulatory scrutiny. This session will provide an update on recent digital assets and cryptocurrency fraud schemes and financial crime cases, as well as practical tips for how banks can monitor for and mitigate the ongoing risks associated with digital assets.

Moderator:

• Julian, L. Andre, Partner, McDermott Will & Emery LLP

Speakers:

• Kelly Chapman, Chief Compliance Officer and Head of Legal, Wave Digital Assets
• Richard Weber, Partner, Winston & Strawn LLP
• Jarod Koopman, Executive Director of Cyber and Forensic Services, Criminal Investigation Unit, IRS

4:00 PM - 4:15 PM

Break

4:15 PM - 5:15 PM

General Session

Working Together: A Fireside Chat Between FinCEN and OFAC

This must-see conversation with the directors of FinCEN and OFAC features a discussion on where collaboration is furthering efforts to disrupt illicit finance networks.  The discussion will range from shared compliance expectations and enforcement concerns to how they are leveraging feedback loops between sanctions actions, guidance, and financial intelligence to improve their joint impact in securing our nation’s financial system against bad actors. 

Moderator:

• Heather Trew, Senior Vice President and Counsel, BSA, AML and Sanctions, American Bankers Association

Speakers:

• Andrea Gacki, Director, Financial Crimes Enforcement Network
• Lawrence Scheinert, Associate Director for Enforcement, Compliance, and Analysis, Office of Foreign Assets Control (OFAC)

5:15 PM - 6:15 PM

Reception in The Hub

7:30 AM - 11:00 AM

Registration Open

7:30 AM - 8:15 AM

Power Breakfast Sessions

Learn more about ABA’s Financial Crime Certification - CAFP

Sponsored by: ABA Certifications

Interested in learning out more about ABA’s financial crime certification? Join current Certified AML and Fraud Professionals over continental breakfast and learn why the CAFP is unique to the banking industry and how to earn the certification.

Speaker:

• Gauri Sharma, Vice President, Professional Certifications Risk & Compliance, American Bankers Association

8:00 AM - 8:30 AM

Continental Breakfast in the Foyer

8:30 AM - 10:00 AM

Concurrent Sessions - Series # 7 

Series 7: Learning Labs: Innovative Solutions to Complex Problems

7A – SAR Team Collaboration in Investigations: Fraud + AML

Often banks have separate AML and Fraud departments and teams and collaboration across these teams in the investigative efforts is critical in the fight against financial crimes. Join our experts from AML and Fraud as they talk through how they manage the investigation collaboration, including what data and information sharing across teams and law enforcement engagement. The most important part of this session is the opportunity to actively engage in the discussion – we will encourage you to share your thoughts and stories on how you make it work in your bank as well as actively work on ideas for bridging gaps. You will walk away benchmarking your own practices with those of your peers.

Moderator:

• Sepideh Rowland, Senior Managing Director, Financial Services Practice, FTI Consulting

Speakers:

• Allen Love, Special Advisor to the COO, TD Bank
• Karen Boyer, Senior Vice President, Director Fraud Intelligence, Prevention  & Detection, Financial Crimes, M&T Bank
• Philip Smallman, Regional Head, Transaction Monitoring Financial Crime Compliance, Europe & Americas, Standard Chartered

7B – International AML Risks: Breaking Down the AML Program Impact of Today’s Complex Geopolitical Environment

Banks of all sizes are being drawn into the geopolitical issues facing our country and must understand the role that banks are increasingly being asked to play.  Banks must understand these expectations and incorporate these risks into their overall AML risk management program.  This session will delve into the top international AML risks, including sanctions risks, and provide tips on prevention, detection, and reporting strategies.

Moderator:

• Lester M. Joseph, Senior Vice President, Manager, Global Financial Crimes Intelligence Group; Wells Fargo & Company

Speakers:

• Marcy Forman, Managing Director, Global Financial Crimes Investigations and Intelligence Head, Citi
• Michael Grady, Chief, Bank Integrity Unit, Money Laundering & Asset Recovery Section, Criminal Division, US Department of Justice
• Evan Weitz, Managing Director, Global Head of Transaction Monitoring and Investigations, BNY Mellon

7C – Top Fraud Trends: Your One-Stop Shop

Come prepared to ask questions as our legal and banking experts share with you the top fraud trends and ideas for mitigating the risks.

Moderator:

• Julian L. Andre’, Partner, McDermott Will & Emery LLP

Speakers:

• James “Jim” Hitchcock, Vice President, Fraud Mitigation/Security, American Bankers Association
• Christopher Fenton, Trial Attorney, Criminal Division, Fraud Section, Market Integrity and Major Frauds Unit, US Department of Justice
• Tim Griskey, Head of Consumer Lending Risk Program Solutions and Enablement, Wells Fargo
• Ray Olsen, Senior Vice President, Director of Enterprise Fraud Management, Wintrust Financial Corporation

7D – Convergence of AML and Fraud Controls: Thinking Through Opportunities and Obstacles in a FRAML Approach

Managing a fraud program in the current environment can be challenging. Many banks have separate fraud and AML teams and even separate databases and alert cycles – but is this the most efficient and effective way to protect the bank and customers? Join us as we explore opportunities, identify synergies and efficiencies that come from a holistic strategy that combines both fraud and AML prevention, controls, and compliance. FRAML and being open to transformation may be how you can better position your institution to counter escalating risks.

Moderator:

• Marilu Jimenez, Chief Compliance Officer, Nave Bank

Speakers:

• Don Fort, Director of Investigations, Kostelanetz & Fink, LLP
• Michael J. Leotta, Partner, WilmerHale
• Tyler E. Reynolds, Enterprise Financial Crimes Executive, AML/BSA Officer, U. S. Bank
• William J. Voorhees, Senior Vice President, Head of Enterprise Fraud Management, Truist

10:00 AM - 10:15 AM

Break

10:15 AM - Noon

General Session

Generative AI: Potential or Peril

The world is taking advantage of all of the potential uses and opportunities in generative AI, but what are the risks of these new tools for our institutions? In this session, we’ll first demo cutting-edge AI tools capable of delivering written, image-based and spoken output and you will see firsthand the potential of these tools to improve efficiency and enable enhanced customer experiences. We will then outline to the dark side of this technology, talking through the fraud and security risks as well as provide thoughts on responsible use and robust security measures to safeguard against potential harm.

Speakers:

• Paul Benda, Executive Vice President, Risk, Fraud and Cybersecurity, American Bankers Association
• Brooke Ybarra, Senior Vice President, Innovation and Strategy, American Bankers Association