Fincrime and AML Transformation
Exploring Current Challenges and Future Risks

July 24, 2019 | Toronto



Event Details:

Wednesday, July 24th

EY Tower WaveSpace

100 Adelaide St W, Toronto, ON M5H 0B3, Canada

The Program

Join the Association of Certified Financial Crime Specialists and EY for a Half Day Learning and Networking Event.

STAY TUNED! Speakers are soon to be confirmed.  Check back for updates.

Registration and Networking

Arrive early for attendee check-in and join your colleagues for the networking breakfast.

Networking 8:00 - 9:00 AM TBD

Opening Remarks

ACFCS’ president, Joseph Yerant, and EY welcome attendees to the seminar.

Joseph Yerant 9:00 - 9:15 AM EY Office

Fincrime Transformation - Present Trends, Future Threats

As the financial sector confronts an increasingly complex and globalized compliance landscape, institutions are seeking ways to shake up their financial crime programs by moving away from "siloed" departments and manual processes. In this panel session, experts give viewpoints on how key trends playing out right now will shape the future of compliance - Including automation and enhanced coordination between departments like AML, fraud, sanctions and cyber. They also give suggestions on how to prepare your career for what's coming next, and provide guidance on key risks and threats they're seeing on the ground.

Karen Bannon, Chief Compliance Officer, Cambridge Mercantile Corporation; Charlene Cieslik, Chief Anti-Money Laundering Officer & Chief Privacy Officer, Coinsquare; Joseph Mari, Director of External Partnerships, Global Risk Management Division, Scotiabank 9:15 - 10:15 EY Office

Data is King - Dealing with Data Quality and Lineage in Fincrime Programs

Data is now the lifeblood of finanical crime compliance programs, and access to accurate and complete data sources is essential for transaction monitoring, investigations and CDD. Yet for many institutions, dealing with outddated, incomplete or inaccessible data is a daily reality. This session examines data headaches in fincrime compliance, describes how other institutions have managed them, and gives tactics to consider as you tackle your own data challenges.

Gene Bryant, Vice President, Reporting and Communications, TD Bank; David Creamer, Senior Manager, AML Model Management, BMO Capital Markets 10:15 - 11:00 EY Office

Networking Break

Enjoy refreshments and make connections with others in the financial compliance space.

Networking Break 11:00 - 11:20 EY Office

Cannabis in Canada – Risks, Rewards and What Happens Next

The months since the legalization of recreational cannabis have brought profit for some, disappointment for others, and complex compliance issues to navigate for just about everyone. In this session, experts examine current issues for institutions servicing the legal cannabis industry, and key customer due diligence and other considerations for those still on the sidelines. Speakers will also provide guidance on the future state of the cannabis industry, and describe how money laundering risks from drug trafficking have evolved since legalization.

Sandra Gogal, Partner, Miller Thomson; Andy Hofmann, Managing Director, AML Reporting Officer, BMO Capital Markets 11:20 - 12:10 EY Office

Open Q&A Dialogue

An open Q&A discussion between the audience and the speakers to discuss what the topics at hand mean to the financial community, where we might be heading, and how best to get there.

- 12:10 - 12:20 EY Office

Register for The Event