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2021 Annual Trade Finance Compliance Conference | New York Online | 27-28 October | 7 CPDs

2021 Annual Trade Finance Compliance Conference | New York Online | 27-28 October | 7 CPDs

  • $ 249.00
  • Save $ 100.00


2021 Annual Trade Finance Compliance Conference | New York Online | 7 CPDs
27-28 October 2021

We invite you to join us for the 2021 Annual Trade Finance Compliance Conference - New York to be held online on October 27-28 from 9:00-1:00 New York time both days. 

Hear from global experts on a range of topics including:

• Changing Regulatory Expectations
• Global news stories and trends in trade finance compliance
• The Biden Administration: 100+ day report card
• Anti-boycott compliance
• KYC Reliance: SWIFT KYC Registry Update
• Trade Fraud in 2021: hindsight is 20/20
• Global Standards and Guidance - Latest from FATF, Wolfsberg Group, ICC
• Using AI, ship registry data, and GPS
• When is a red flag NOT a red flag?
• Source of Wealth, Source of Funds
• Money Laundering from Illicit trade in wildlife - FATF
• Tales from the Trenches

Additional Resources

The Complete Guide to Trade Based Financial Crime Compliance (softbound + ebook)
Certificate in Trade Finance Compliance (CTFC)


Event will be held on Zoom. Please ensure you can use this software. For inquiries contact info@iiblp.org.
Speakers

Speakers will be announced closer to the event 

Day 1: Oct 27th 

Wednesday, October 27 - Day 1 (all times US Eastern/New York time)


08:30 - 09:00 │ Online Check-In 

09:00 - 09:10 │ Welcome & Introduction to Day 1

Michael BYRNE (IIBLP) 

09:10 – 09:50 | The Professor James E. Byrne Memorial Keynote Address:

Raymond BAKER (Global Financial Integrity) 

09:50 – 10:40 | Top News and Trends in Trade and TBFC
Overview of the top news stories, trends and developments

• Sanctions against Afghanistan 
• US Anti-money Laundering Act 2020
• Source-of-Wealth, Source-of-Funds (AML Act new registry FINCEN)
• Free Trade Zones: GFI Report and RUSI FTZ tool to assess risk 
• Money Laundering from Illicit trade in wildlife & ESG – FATF
• TBML by means of SBLCs (or guarantees)
• LatAM TBML Report from GFI
• Updates re FATF, Wolfsberg, EBA, ICC

Moderator: Neil CHANTRY (Specialist Consultant)
Panelists: Alan KETLEY (Wolfsberg Group); Lorna STRONG (HSBC); Buddy BAKER (Goldman Sachs); Tom CARDAMONE (Global Financial Integrity)


10:40 – 10:50 | Virtual Coffee Break


10:50 – 11:30 | The Shipping & Sanctions Panel
Topics include:

• Risks to and duties of various parties to a shipping transaction (vessel owner, charterer, technical manager, bunker provider, port operator, etc...)
• AIS issues
• What do OFAC, OFSI, and other regulators expect from the various parties to a shipping transaction
• Vessel Registration – searching for ownership too costly?
• Risks to lenders and others that finance the vessel’s cargo, and other operations
• Monetary Authority of Singapore - B/L Registry and transparency 

Moderator: Adam KLAUDER (GUIDEHOUSE)
Panelists: George DEVEREESE (IHS Markit); Michael Da SILVA (JP Morgan); Ed STOLTENBERG (Citi)


11:30 – 12:10 | KYC Panel
Topics include:

• Beneficial Ownership Registry via AMLAct/FinCEN - Help? Hurt? Pain?
• Is due diligence for your customers enough?
• Whose customer is it?
• Understanding what you should know about your customers and their related companies
• What do the Wolfsberg principles say about this?
• KYCC – limitations of cross border privacy laws
• SWIFT – KYC Registry
• Forced labor and purchasing of goods
• Does KYC = Coverage? FI Home office v. branches

Moderator: Neil CHANTRY (Specialist Consultant)
Panelists: Alma ANGOTTI (GUIDEHOUSE); Nate LANKFORD (Miller & Chevalier); John BARANELLO (Lloyds Bank); Clark FROGLEY (Quantexa)

12:10 – 12:20 | Virtual Coffee Break


12:20 – 12:55 | Tales from the Trenches

Moderator: Alex GRAY (LIBF)
Panelists: 

12:55 – 1:00 | Closing Remarks and Prize Draw

 

Yellow = Confirmed

     

    Day 2: Oct 28th

    Thursday, October 28th - Day 2 (all times US Eastern/New York time)

    08:30 – 09:00 | Online Check-In


    09:00 – 09:05 | Welcome and Introduction to Day 2


    09:05 – 09:45 | Trade-based Money Laundering
    Topics include:

    • AML Act and focus on TBML

    • Price checking and over/under invoicing
    • Open account trades
    • Complicated STR/SAR filings drive TBML
    • Time for STR/SAR reporting standards?
    • FATF/Egmont Indicators 

    Moderator: Lisa CHIN (MUFG)
    Panelists: Alexander MALAKET (OPUS); Samantha PELOSI (Guidehouse); Kaushika RUWANGALLA (HSBC)


    09:45 – 10:15 | Antiboycott Compliance: Presentation & Panel Discussion 

    Presentation: Cathleen RYAN (US Department of Commerce, Office of Antiboycott Compliance)
    Panel Discussion: Cathleen RYAN (US OAC); Neil CHANTRY (Specialist Consultant); Andrew JACBOSON (Seward Kissel)


    10:15 – 10:25 | Virtual Coffee Break


    10:25 – 11:15 | Trade Sanctions

    Topics include:

    • Afghanistan: How do we deal with it?
    • China’s new Export Control Law and competing dual use goods lists
    • Belarus | Venezuela | Ethiopia | US/France
    • OFAC enforcement trends for 2021 and beyond

    Moderator:  Saskia REITBROEK (ACSS)
    Panelists: Andrew JACOBSON (Seward & Kissel); Kaushika RUWANGALLA (HSBC); Terence GILROY (Baker McKenzie)


    11:15 – 11:55 | Technology and Trade Based Financial Crime 
    Topics include:

    • Using AI and Blockchain, ship registry data, and GPS (how to get traction across the universe of customs/ports/shipping) 
    • Fintech/Regtech solutions and Cost-Benefit Analysis
    • Big bank v. small bank resourcing
    • Virtual Training for bank’s AML and trade staff
    • Use of technology and waiver of liability: Who takes responsibility? No one . . .
    • Push towards automated document checking (automated AML checking?)
    • White paper on Ship Tracking, AIS, and OFAC

    Moderator: Vin O’BRIEN (ICC UAE)
    Panelists: Alex GRAY (LIBF & TradeSun);

    11:55 – 12:05 | Virtual Coffee Break


    12:05 – 12:40 | Trade Fraud in 2021: hindsight is 20/20  

    • Manage and mitigate fraud exposure
    • Hin Leong
    • Solo Industries: lessons forgotten
    • Synthetic LCs

    Moderator: Lorna STRONG (HSBC)
    Panelists: Buddy BAKER (Goldman Sachs); John TURNBULL (Bank ABC); Ross McGOWAN (Borden Ladner Gervais)

    12:30 – 12:50 | Wrap UP and Q&A Panel
    • The Intersection of Technology, Experience, and Advice into a Compliance
    • Key takeaways from the conference
    • Certificate in Trade Finance Compliance (CTFC)
    • Q&A – Conference Committee

    Moderator: Neil CHANTRY (Specialist Consultant)
    Panelists: Alex GRAY (LIBF); Michael BYRNE (IIBLP); Derek ENNIS (Coastline Solutions)


    12:50 – 1:00 | Closing Remarks and Prize Draw


      Yellow = Confirmed

        

      Sponsors

      Co-Organizers:

            


      Sponsors:

       


      Sponsorship Opportunities

      Please email Michael Byrne at mbyrne@iiblp.org for more details on how to sponsor this amazing event.