Suspicious Activity Monitoring: Audit Your System Like a Regulator (Audio/Visual CD-ROM)
Financial institutions from global banks to neighborhood money transmitters are grappling with policy and procedure requirements for detecting suspicious activity. In this session you’ll learn how to assess suspicious activity at all stages of the transaction process, and you’ll get an update on new forms of suspicious activity arising from the latest money laundering techniques. You will also see how to audit the full range of your own institution’s financial transactions for signs of danger.
Speakers:
Alan Abel
Alan is an Executive with Crowe Chizek’s Financial Institutions Risk Practice and Crowe’s AML Global Practice Leader. Alan has worked with the Boards and senior management of more than one hundred global and regional bank and non-bank financial institutions, and other omnibus providers of diversified financial services, to help them develop and strengthen their anti-money laundering (AML) controls and business processes. He has assisted these organizations in improving their compliance and risk management and, in many cases, remediating their regulatory compliance deficiencies. Alan has drafted the AICPA Audit Risk Alerts on money laundering for all major financial industry sectors. Alan has worked with the governments of more than thirty countries and jurisdictions to evaluate and assist them with their money laundering detection and deterrence efforts. This work included the first money laundering vulnerability assessment of the Caribbean Region for the Organization of American States, and also, the baseline study of Money Services Business (MSBs) for the U.S. Treasury. Alan has also participated in the FATF international evaluation of the United States' progress in preventing, detecting, and combating narcotics money laundering globally. He co-authored, with the former Chairman of the U.S. Auditing Standards Board, the feature article on money laundering for the Journal of Accountancy. Alan has testified before Congress as a private industry expert.
Kimberly Hebb, CAMS
Kimberly is a Bank Secrecy Act/Anti-Money Laundering Compliance Specialist in the OCC’s Compliance Policy Department. In this role, Ms. Hebb supports the development of Bank Secrecy Act and anti-money laundering policy, guidance and examination procedures. Ms. Hebb is the lead OCC instructor for BSA/AML training and also provides training at the Federal Financial Institutions Examination Council (FFIEC). Ms. Hebb is a certified anti-money laundering specialist (CAMS) and a commissioned national bank examiner (NBE). She began her OCC career in 1998 as a Consumer Compliance specialist in the Midsize/Community Bank Supervision Department in Cleveland, Ohio. Prior to joining the OCC, Ms. Hebb served for four years as a Compliance Officer for a large community bank in Ohio. Ms. Hebb received her bachelor’s of arts from Hiram College, Hiram, Ohio. She also earned a master’s of Public Administration from the Maxine Goodman Levin College of Urban Affairs, Cleveland State University.
Recorded: May 23, 2007
Return Policy.
CD-ROMs are non-refundable after purchase. Replacement only if CD-ROM is returned.
