SIFMA’s Anti-Money Laundering & Financial Crimes Conference is the leading forum for professionals from the securities industry, regulatory agencies and law enforcement to discuss current legal and regulatory developments and priorities in the AML and financial crime space.
On May 25-26, 2022, we gathered in New York City to learn about regulatory and examination priorities and lessons learned from enforcement; participate in interactive financial crime case studies; and hear industry perspectives on the latest developments in the AML and financial crime space.
Explore key takeaways from our conversations and register today to join us from May 22-23, 2023 at Convene One Liberty Plaza in New York City.
At AML 2022, we heard from 50+ industry experts and regulators on the hottest topics in the AML and financial crime space in years, including:
AML Act
Hear industry and regulatory perspectives on what is the most significant piece of legislation in the past 20 years since the Patriot Act.
Keynotes with DOJ and Treasury
Hear from the U.S. Department of Justice and U.S. Treasury during this most consequential time for markets and the world.
Cryptocurrency
Learn how firms are managing AML risks and regulatory expectations in this rapidly evolving and exciting space.
Sanctions
Explore how firms are responding to the rollout of unprecedented sanctions at a breakneck pace.
SIFMA is a member-driven organization; we are grateful to our 2022 Conference Planning Task Force:
- Nicole De Bello, Executive Director, Morgan Stanley
- Margaret Edmunds, Director of AML and Corporate Compliance, Baird
- Jim Fiebelkorn, BSA/AML Program and Sanctions, Charles Schwab & Co and Charles Schwab Bank
- Sarah Green, Global Head of Financial Crimes, Vanguard Group Inc.
- Adrienne Kosta, Vice President, Anti-Money Laundering Officer, Fidelity Investments
- Catherine LaFalce, Managing Director, Global AML Compliance, Citigroup Global Markets
- Justin Mendelsohn, Head of AML and Sanctions, Fidelity Digital Asset Services, Fidelity Investments
- Robert Molloy, Chief AML Officer, Raymond James Financial
- Jeffrey Weiss, Head of Financial Crimes, Robinhood Financial LLC
- Alan Williamson, Director, Business Oversight Compliance, Barclays Investment Bank Americas
- Meg Zucker, Global Anti-Money Laundering Head, RBC Capital Markets LLC
Brian E. Nelson
Under Secretary for Terrorism and Financial Intelligence
U.S. Department of the Treasury
Hear directly from regulators and policy makers about 2021 developments in the AML and financial crime space and their regulatory and examination priorities for 2022. Discussion topics will include expectations for the year and changes your firm may wish to consider for your compliance program to address regulatory expectations, new trends and typologies, and lessons learned from enforcement.
Adrienne Kosta, Head of Financial Crimes Compliance Program Office/Deputy Chief AML Officer, Fidelity Investments
Stephanie Brooker, Partner, Gibson, Dunn & Crutcher LLP
Katrina Carroll, Chief Counsel, Financial Crimes Enforcement Network (FinCEN), U.S. Department of the Treasury
Jason Foye, Senior Director, AML Investigative Unit, FINRA
Michael Rufino, Associate Regional Director U.S. Securities and Exchange Commission
This year, we have added what we think will be a particularly useful panel for your SAR filings. Through the lens of the Anti-Money Laundering Act of 2020’s requirement to provide “information with a high degree of usefulness to government authorities,” learn how to write more effective SARs by exploring law enforcement, regulator, and industry perspectives and sharing best practices.
Nicole De Bello, Anti-Money Laundering Counsel, Executive Director, Morgan Stanley
Timothy Casey, Vice President, Goldman Sachs
Melissa Jameson, Head of Financial Crimes Investigations, Robinhood
Kate Lesker, Special Counsel, Office of Chief Counsel, Division of Trading and Markets, U.S. Securities and Exchange Commission
David Pitluck, Chief, Business and Securities Fraud Section, U.S. Attorney's Office, Eastern District of New York
The panel will look at how U.S. sanctions against China, Venezuela and Russia are evolving under the Biden Administration and what to expect from Treasury’s Sanctions Review. It will also examine how regulators are addressing new threats like ransomware through sanctions. The panel will also examine recent compliance challenges.
Dorothy Bennett, Global Head of Sanctions, Managing Director, JPMorgan Chase & Co.
Allie Cheatham, Chief Sanctions Officer for Personal Banking and Wealth Management, Citi
Alexandre Manfull, Assistant Director, Sanctions Compliance and Evaluation, Office of Foreign Assets Control (OFAC), U.S. Department of the Treasury
Dave Stetson, Partner, Steptoe
Jonathan Thomas, Global Head, Sanctions Group, Goldman Sachs
Breakout Session 1C: An Update on AML and Sanctions Programs in a World that Contains Crypto Currencies, Partner Workshop with LexisNexis® Risk Solutions
Sponsored by LexisNexis® Risk Solutions
This session will provide an update on the AML Act of 2020 and a review of the current and future states of cryptocurrency in the context of today’s global climate.
1. What is the “Cash Out Dilemma”?
2. Is crypto to the best of worst tool for laundering money?
3. With the vast majority of Russia’s access to SWIFT eliminated, are Russians moving to crypto?
Daniel M. Polar, Director – Financial Crime Compliance, LexisNexis Risk Solutions
Kurt Drozd, Director, Sioinc®
John Melican, Chief of External Affairs, Elliptic
Terry Pesce, President & CEO, Pesce Consulting
Sponsored by WorkFusion
Taking Sanctions program optimization to the next level – an industry roundtable discussing efficiency options in a world of ever-increasing OFAC and Sanctions alert volumes.
- Industry perspective and best practices around managing level one alert volumes with the help of a digital workforce.
- Navigating resource constraints concurrently with substantial increases to false positive volumes. Expert insights on directing valuable resources towards higher priority work to enhance risk-based programs.
- The great debate around accuracy – can the automation of L1 sanctions alerts truly reduce or even eliminate manual errors?
Ty Claggett, Head of Financial Crimes, WorkFusion
Kyle T. Daddio, Managing Director, FTI Consulting | AML, Sanctions, Financial Crime Compliance
Rahul Dev Sharma, Vice President, Head of Product and Business Analysis, State Street
Back by popular demand, this panel will facilitate active discussion of current fraud and AML trends and typologies through a series of practical scenarios and case studies. We’ll explore hot topics – like new account frauds using synthetic or stolen identities, ACH and ACAT frauds – and ask that you identify red flags, suggest risk mitigants, and make the call as to whether to file a SAR.
Margaret Edmunds, Director of AML and Corporate Compliance, AML Compliance Officer, Baird
Elizabeth Paige Baumann, Founder and Principal, Paige Baumann Advisory, LLC
Brooke Hickman, Director, Vulnerable Adults and Seniors Team (VAST), FINRA
Thor Nelson, Vice President, Global AML Officer, Ameriprise Financial Services, LLC
Joel Wolf, Senior AML Compliance Manager, RBC Wealth Management
The market events of spring 2021 created many challenges for AML and financial crimes programs. A flood of new investors using social media to influence one another and markets and cash from COVID-19 government assistant programs created a plethora of opportunities for bad actors. Explore how firms navigated these challenges amidst extreme volatility and lessons learned.
Logan Anderson, Director, Financial Crimes Risk Management, Charles Schwab
Sam Draddy, Senior Vice President National Cause and Financial Crimes Detection Programs, FINRA
Matthew Levine, Deputy General Counsel and Chief Compliance Officer, Virtu Financial
John Thorpe, U.S. Head, Financial Crimes Compliance, Vanguard
A landmark piece of legislation since the Patriot Act of 2001, the Anti-Money Laundering Act of 2020 promises to address many of the challenges the industry faced detecting and reporting illicit financial activity, but also create new ones. The panel will share how the industry is preparing, the issues they have identified, and their expectations for implementing regulations.
James Fiebelkorn, Managing Director – BSA/AML Program and Sanctions, Charles Schwab & Co and Charles Schwab Bank
Satish M. Kini, Partner, Debevoise & Plimpton LLP
James Martinelli, Director, Office of Regulatory Policy, Policy Division, FinCEN, U.S. Department of the Treasury
Gargi Sharma, Director, FINRA
Sarah Green, Principal, Global Head, Financial Crimes, Vanguard
Feel like you just got over 2020? Well, 2021 is now in the rearview mirror and industry leaders will look back on another extraordinary year in AML compliance as well as anticipated rulemakings on the National AML/CFT Priorities and Corporate Transparency Act. Expect to gain expert insight into such topics as: the Anti-Money Laundering Act of 2020; the latest Guidance on Virtual Asset Servicing, the Pandora Papers; and the impact of SEC Rule 15c2-11.
Justin Mendelsohn, Head of AML and Sanctions, Fidelity Digital Asset Services, Fidelity Investments
Brent Cohen, Executive Director, Americas Financial Crime Counsel, UBS
Sarah Green, Principal, Global Head, Financial Crimes, Vanguard Group, Inc.
Frederick Reynolds, Chief Compliance Officer, Brex
Betty Santangelo, Schulte Roth & Zabel LLP
The world of digital assets, including cryptocurrencies, continues to grow and captures the attention of the financial crime community. The explosion of interest among institutional, private client and retail investors and players in this rapidly evolving and exciting space creates opportunities but also risks. Starting off with the basics, explore the touchpoints with AML and learn how firms are framing the AML risks and controls amidst changing regulatory expectations.
Catherine LaFalce, Global Anti-Money Laundering Compliance Head, Banking, Markets and Securities Services, Citi
Melissa Strait, Chief Compliance Officer, Coinbase
Leo Tsao, Partner, Litigation, Paul Hastings LLP
Jennifer K. Vakiener, Senior Vice President, Legal & Regulatory, Brookfield
Lisa Wheeler, Managing Director, Compliance, JPMorgan Chase & Co.
Identifying and assessing AML/CTF risks is essential to a well-run program and requires finely tuned models and proper oversight. This panel will define what is a model, what is effective, and how to address regulators’ differing expectations. The panel will also discuss regulatory developments, including the interagency statement on BSA/AML model risk management.
Janice Stark, Director, Business Systems Analysis - AML | Compliance, Ameriprise Financial, Inc.
Jayati Chaudhury, AML Transaction Monitoring, Global IB Lead, Barclays
Eric Kringel, Managing Director, Head of Transaction Monitoring, Americas, Deutsche Bank
Arkady Libo, Director Financial Crime Compliance, Société Générale
This panel will explore both the increasingly more complex threats, including domestic terrorism and geopolitical risk. Gain from industry experts an understanding of the landscape and how to control the risks, approach international clients and assess beneficial ownership, and keep your program current in an evolving world of risks and threats.
Robert Molloy, Chief BSA/AML Officer, Raymond James Financial, Inc.
Jeffrey Harwin, Americas Head of Anti-Financial Crime Compliance, Deutsche Bank
Allon Lifshitz, Deputy Chief, Criminal Division, U.S. Attorney's Office, Eastern District of New York
Rockwell Reid, Global Head of AML Compliance Risk Management - Banking, Capital Markets and Advisory, Citi
Alan Williamson, Director, Business Oversight Compliance, Barclays Investment Bank Americas
Sponsored by Quantexa, Inc.
Traditional rules-based monitoring methods have proven ineffective in detecting complex financial crime, particularly in the Global Markets, generating high rates of false positive alerts and resulting in few SARs. Effective AML detection in Markets is achieved through uncovering hidden relationships and evaluating patterns of activity over time, not trade-by-trade. Learn how contextual monitoring connects intelligence across the enterprise with external data to create a holistic view of risk and manage a single coordinated response to threats.
Andrea Walser, US Global Markets AML Lead, Quantexa
Samantha J. Leventhal, Managing Director, Global Financial Crimes Global Wealth & Investment Management and Global Markets Risk Executive, Bank of America
Scott Nathan, Managing Director, Global Head of Anti-Money Laundering Transaction Monitoring, Citigroup, Inc.
Aaron Wolf, Deputy Americas Head of Anti-Financial Crime, Deutsche Bank
Identifying and assessing AML/CTF risks is essential to a well-run program and requires finely tuned models and proper oversight. This panel will define what is a model, what is effective, and how to address regulators’ differing expectations. The panel will also discuss regulatory developments, including the interagency statement on BSA/AML model risk management.
Jay Shechter, Director, AML & Financial Crimes, RBC Capital Markets LLC
Fassil Begashaw, Executive Director, Morgan Stanley
Bob Kadel, BSA Officer, Goldman Sachs Bank USA
Brock Miller, Vice President, US AML/FCM Brokerage Program Lead, Raymond James Financial
Paul M. Tyrrell, Partner, Sidley Austin LLP
Farzad Mashayekhi, Global Head, Financial Crime Compliance Engineering, Goldman Sachs
Sean Friedly, Vice President, Head of AML & Financial Crimes Strategy, Transformation & Investigations, Raymond James
Christopher Janes , Vice President, AML & Sanctions Analytics, Fidelity Investments
Sponsored by Fiserv
Money laundering is not a victimless crime. The predicate crimes for money laundering undermine the integrity of financial institutions and the financial system itself. In this session we will discuss:
- The top five technologies that can help you fight money laundering and the predicate crimes for money laundering.
- The critical importance of data in financial crime risk management: financial and non-financial data, data veracity, integrity and lineage
- Why transaction monitoring is more important than ever in support of regulatory compliance, reputational risk and the moral imperative
Andrew Davies, Vice President, Global Market Strategy, Financial Crime Risk Management, Fiserv
