Upcoming Course Dates

Capone to Compliance

Jan 14, 2020

Capone to Compliance

Feb 13, 2020

Capone to Compliance

Mar 11, 2020

Join a money laundering “ride along”! Receive a 360 degree view of the money laundering cycle from a leading AML industry insider starting with how bad guys’ integrate illicit funds into the economy bypassing the various lines of defense provided by financial institutions, the business sector, law enforcement, and regulators. We’ll identify best practice AML policies and procedures and how to improve areas of vulnerability in order to combat money laundering. We’ll emphasize risk identification and the SAR process including how to write a proper narrative. We’ll finish with how and why information is shared with law enforcement and what law enforcement does with the information. Finally we’ll reverse engineer the process to indicate why actions taken on the back end are influenced by the AML policy and procedures from the beginning of a relationship.
  • Institutions or individuals wanting to enhance the performance of their AML programs
  • Institutions or individuals seeking to improve their AML knowledge and the application of AML policies and procedures
  • AML professionals requiring mandated training
  • Individuals wanting to transition into an AML profession
  • Individuals seeking certification credits.

Group 3+ Early Bird Special $399
Individual Early Bird Special $449
Group 3+ $449
Individual $499
Law Enforcement $399

Prohibition and the Early Days – 10:00-10:30 am EST

  • Origin of money laundering
  • The fundamentals of money laundering
  • Predicate crimes and organized criminal activity
  • Why money laundering matters
  • Profiling various classic money laundering methods
    • Structuring
    • Bulk Cash Smuggling
    • Front Companies
    • Wire Transfers
    • Cash Intensive Businesses
    • Casinos

Break 10:30-10:45 am EST

The Laws & Guidance – 10:45-12:15 pm EST

  • The Bank Secrecy Act (BSA)
    • Currency Transaction Reports (CTRs)
    • Suspicious Activity Reports (SARs)
  • The US Patriot Act
  • International Efforts
    • Financial Action Task Force (FATF)
    • Financial Intelligence Units (FIU’s)
    • Sanctions

Lunch – 12:15-01:15 pm EST

Common Red Flags of Money Laundering – 01:15-01:45 pm EST

Breakout Workshop “You Are the Money Launderer” – 01:45-2:45 pm EST

  • Objective:
    • Develop participants understanding of money laundering processes through the eyes of a bad guy
    • Strengthen participants understanding of how AML policies and procedures combat money laundering once they recognize how criminals abuse the system
    • Increase participants ability to identify money laundering and reduce risk within their institutions.
  • Real World Application: Review how financial institutions are able to detect red flags and/or develop rules to assist in the risk assessment process.

Break – 2:45-3:15 pm EST

Anti-Money Laundering Programs – 3:15-4:30 pm EST

Keeping the disease of dirty money out of your institution. Understand why and how a quality AML program should operate. For law enforcement, knowing basic bank procedures to help put the pieces of the puzzle together, track the suspect’s movements, and follow the money.

  • A Risk Based Approach
    • Risk Appetite
      • Customer Onboarding
    • Accepting Risk
    • Assessments
    • Creating a Risk Matrix
    • Outline the value of the risk assessment circle and its relationship to law enforcement.
  • Developing an AML Program
    • The Five Pillars of a Quality AML program
    • Know Your Customer (KYC) and Customer Identification Program (CIP)
      • Customer Due Diligence (CDD)
    • Recognizing Unusual Behavior
  • Transaction Monitoring
    • Flagging Scenarios
    • Monitoring Process
  • Documenting & Reporting
  • Suspicious Activity Report (SAR) Best Practices
    • Recognizing Unusual Behavior
    • Writing a Quality Narrative
      • The Handoff to Authorities
    • After the SAR

Research and Investigate – 4:30-5:45 pm EST

  • Tabletop Detective – Steps to Through Due Diligence By Checking the Validity, Qualifications and/or Track Record of a Subject or Entity
    • Open Source Intelligence
    • Attendees will flex their problem solving muscles and develop their AML analytical skill set to become more effective in their role combating money laundering and reducing risk within their institutions or agencies.
    • Maximizing the Value of Know Your Customer(KYC) and Customer Identification Program (CIP) policies and procedures.
    • Transaction Monitoring – Developing Employee Recognition of Red Flags
    • The pieces of the puzzle come together
  • Qualities of a Good Investigator
  • Basic Procedures
  • Law Enforcement & Financial Institutions

Wrapup – 5:45-6:00 pm EST