2022 Annual Trade Finance Compliance Conference | London Online | 7 CPDs 
8-9 June 2022 

We invite you to join us for the 2022 London Annual Trade Finance Compliance Conference - to be held online on June 8-9 from 09:00-13:00 BST/London time both days.

Times Both Days: 4:00 EDT / 9:00 BST / 10:00 CEST 

Hear from global experts on a range of topics including:

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Speakers

Speakers will be announced closer to the event

Day 1: June 8 

Wednesday, 8^th June - Day 1

08:50 - 09:00 │ Welcome & Introductory Remarks

Welcome Remarks: Michael BYRNE (IIBLP)

 

09:10 – 09:40 | The Professor James E. Byrne Memorial Keynote Address

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

•  Cryptocurrency: Time to sit at the Big Table
•  Open account, Supply Chain Financing and Greensill fallout
•  Fraud and knowing your customer
•  Increased regulatory focus on AML and FIs
•  How effective are AML regulations?
•  Free Trade Zones and Opacity in Global Shipping
•  Green washing from illegal activities

Moderator: Neil CHANTRY (Specialist Consultant)
Panelists: Lorna STRONG (HSBC) 

10:40 – 10:50 | Virtual Coffee Break

10:50 – 11:30 | Managing Shipping & Vessel Risks 

• Vessel tracking: What is shipping, AIS, and why do you Need to be Monitoring it?
• Vessel Registration – can you even find who owns it?
• Risks to lenders and others that finance the vessel’s cargo, and other operations
• Containerization: B/L and actual shipment not match = red flag?
• The need for detective and investigative controls
• IIBLP/ACSS/S&P Global White Paper on Vessel Tracking, AIS and Sanctions Evasion

Moderator: Hugo VERSCHOREN (goVer Trade Technologies)
Panelists: George DEVEREESE (IHS Markit); Michael HOWLETT (IMB); 

11:30 – 12:10 | KYC: How Well do you Actually Know your Customer?

•  Beneficial Ownership and Legal Entity Identifier use
•  Onboarding New Customers: Can we make it easier?
•  Understanding what you should know about your customers and their related companies
•  What do the Wolfsberg principles say about KYC?
•  KYCC – limitations of cross border privacy laws
•  SWIFT KYC Registry: Uptake
•  Does KYC = Coverage? FI Home office v. branches
•  Uganda Beneficial Ownership Report from GFI

Moderator: Neil CHANTRY (Specialist Consultant)

12:20 – 13:00 | Tales from the Trenches

Moderator: Alex GRAY (LIBF)

12:20 – 13:00 | Closing Remarks & Prize Draw 

Confirmed Speakers in yellow

 

Day 2: June 9

Thursday, 9^th June – Day 2

08:30 – 09:00 | Online Check-In

09:00 – 09:05 | Welcome and Introduction to Day 2
Welcome Remarks: Michael BYRNE (IIBLP)

09:05 – 10:05 | Trade-based Money Laundering

• Data sharing and analytics between countries
• Complicated STR/SAR filings drive TBML: time for Standards?
• U.K. “Dear CEO” letter on AML Frameworks and risk assessments
• Dual Use Goods and Pricing: to report or not to report?

10:05 – 11:00 | Trade Sanctions

• The Russian / Ukranian Conflict
• Chinese Miliary Industrial Complex
• Cambodia and Myanmar
• Ethiopia and the 50% Rule
• Supply Chain Due Diligence
• Chinese Anti-sanction Law

11:00 – 11:10 | Virtual Coffee Break

11:10 – 12:00 | Technology & Trade Based Financial Crimes

• Using AI and BlockChain, ship registry data, and GPS (how 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?)
• Digitalisation of Trade/URDTT

Moderator: Geoffrey WYNNE (Sullivan & Worcester)

12:00 – 12:45 | Trade Fraud in 2022: hindsight is 20/20

• Frauds with Impact – What's Old is New Again: Hin Leong and Solo Industries
• Synthetic / Structured LCs and their use in the EU
• How Can Banks Manage and Mitigate Fraud Exposure?

Moderator: John TURNBULL (Bank ABC)

 

12:45 – 1:00 | Wrap Up, Closing Remarks, & Lucky Draw 
• The Intersection of Technology, Experience, and Advice into a Compliance
• Framework you can use
• Key takeaways from the conference
• Certificate in Trade Finance Compliance (CTFC)
• Q&A – Conference Committee

Panellists:  Michael BYRNE (IIBLP); Derek ENNIS (Coastline Solutions); Alex GRAY (LIBF)

Steering Committee: Neil CHANTRY (Specialist Consultant); Hugo VERSCHOREN (goVer); Geoffrey WYNNE (Sullivan & Worcester); John TURNBULL (Bank ABC)

12:50 – 13:00 | Closing Remarks and Prize Draw

Confirmed Speakers in yellow

 

Sponsors

Co-Organizers:

      

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Sponsors:

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Sponsorship Opportunities

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