KYC / CDD Boot Camp

This one-day training will offer an overview of practical strategies for important issues and challenges in the area of CDD from experienced Anti Financial Crime (AFC) professionals.

Learning Objectives:

  • Learning best practices for establishing ‘source of wealth’ and ‘source of funds’
  • Using the internet more effectively for CDD purposes
  • Improving your ability to conduct CDD in foreign or non-transparent jurisdictions
  • Better understanding of trade based money laundering typologies
  • Developing a practical knowledge of OFAC’s 50% rule

Programme-at-a-glance

08:00 – 09:00 Registration
09:00 Welcome remarks
09:15 Requirements and best practices in establishing ‘source of wealth’ and ‘source of funds’
10:15 Effective use of the internet and other online sources for CDD verification
11:15 – 11:45 Coffee and Networking Break
11:45 Overcoming the challenges of conducting CDD on customers in foreign or less transparent jurisdictions
12:45 – 13:45 Networking Lunch
13:45 How to identify and manage red flags raised in relation to trade based money laundering
14:45 50% ownership rule – how to effectively identify and assess aggregate ownership according to EU/OFAC sanction requirements
15:45 Closing remarks
16:00 – 17:00 Drinks and Networking

Sponsors

For all sponsorship enquiries, please contact Andrea Winter (Director of Sponsorship and Advertising Development, ACAMS) on awinter@acams.org.


Pricing

ACAMS Members Non-Members
$550 $650

Online registration is now closed. For last minute registrations please contact your account representative or europe@acams.org.

Programme Download


Trainers

Lee Byrne
  • Lee Byrne

  • MD and Head of Academy
  • Great Chatwell Academy of Learning Ltd

Bio

Lee Byrne is a highly respected risk and compliance professional, with more than 30 years international operational and management experience covering sales and back-office roles.

During this time, he has held the position of Head of Compliance and Financial Crime, and was approved as the CF11 Money Laundering Approved Person and Nominated Officer of a UK authorised bank. Other roles have included being the Data Controller, Quality Assurance Training Manager and Compliance Monitoring Manager of a UK retail banking branch network.

For the past four years he has been at the forefront of the design and delivery of financial crime risk management education and training, and is widely regarded as being one of the foremost AML and CFT educators and learning facilitators. A recent highlight was to be selected by the world’s largest trade finance bank to present trade-based money laundering training to representatives of the Monitor appointed by the US Department of Justice.

Lee has worked in a range of regulated sectors and markets, and this work has taken him to Hong Kong, Singapore, India, Indonesia, Mexico, Brazil, Russia, Europe and the Middle East, giving him helpful insights and knowledge of international regulations and best practices.


Jeppe Kromann Haarsted

Bio

Jeppe Kromann Haarsted is responsible for the group compliance function in FLSmidth, a Danish mining and cement equipment supplier. His areas of responsibility covers anti-corruption, competition law, export control and human rights as part of the Group Legal team. FLSmidth’s compliance programme focuses on third party due diligence, internal investigations, and corruption risk assessments, amongst other things. Over the last two years, they completed more than 450 due diligence screenings in-house and conducted in-person training of more than 9000 colleagues globally. Previously, Jeppe worked with public sector and civil society anti-corruption efforts in Uganda, Ethiopia, Russia, Ukraine, Albania and other developing and emerging countries, as well as compliance in the medical device sector. Jeppe lives near Copenhagen, Denmark with his wife and two small children.


Tamara Makarenko

Bio

Tamara Makarenko is the founder and Managing Director of West Sands Advisory Limited, an emerging and frontier market-focused strategic intelligence and advisory firm. A former academic and intelligence consultant to governments, Tamara spent the last two decades establishing human source networks used to identify the interplay between politics, business and illicit activities. She also developed the ‘shadow governance’ methodology to help commercial clients enter and expand into emerging and frontier markets by helping them understand the impact informal networks and mechanisms of influence have on their operations. Since 2006, Tamara and the team at West Sands have worked with development and investment banks, private equity firms, energy sector and other blue-chip clients. West Sands is focused on helping protect reputations, support negotiations, and enable transactions throughout Africa, Asia, Emerging Europe, Gulf / Middle East, and South America. Over the years, Tamara has led thousands of investigations focused on uncovering details often unavailable – or unreliably reported – in the public domain.


Angus Naismith

Bio

Angus Naismith has 30 years of investigative experience with the Metropolitan Police Service. He has been a National Crime Agency (NCA) Accredited Financial Investigator with an expertise in Financial Intelligence, Financial Investigation, Asset Recovery and Money Laundering. As an NCA Associate Trainer he was responsible for the training and mentoring of investigators through the Professional Development and Accreditation process. Angus combined this role with the supervisory responsibility for north London’s financial investigators from the Serious and Organised Crime Command. Angus is in his final year of a Master’s degree in financial investigation and financial crime. He is also Director of Financial Crime Intelligence Limited that provides a technological solution facilitating the sharing of financial intelligence.


Samantha-Sheen

Bio

Mrs. Samantha Sheen is a financial crime risk professional who recently completed work with a global insurer based in Milan, Italy, where she focused on enhancing its financial crime measures across offices in three continents.

Mrs. Sheen previously worked as the inaugural director of the Financial Crime Division for the Guernsey Financial Services Commission. She joined the Commission in 2010 as its first legal counsel. Prior to joining the Commission, Mrs. Sheen worked as legal counsel for various financial companies both in Canada and Australia. While in Sydney, Australia, Mrs. Sheen worked with a large accountancy firm in its compliance advisory team before moving to Guernsey. Originally from Montreal, Canada, Mrs. Sheen started her legal career in Toronto in the late 1990s.

Moreover, Mrs. Sheen holds a bachelor’s degree in public administration, an LLB and a master’s degree in risk management. She is a member of ACAMS and is a graduate of the Harvard University Kennedy School of Government Strategic Management of Regulatory and Enforcement Agencies program. Mrs. Sheen’s particular area of interest is in relation to the effectiveness of risk management and mitigation measures in influencing changes in staff behavior and culture within financial institutions.


Malcolm Wright

Bio

Malcolm Wright is an independent Financial Crime Compliance Advisor and former Chief Compliance Officer at Revolut, a FinTech Unicorn offering a pre-paid debit card, currency exchange, cryptocurrency exchange and peer-to-peer payments. He previously worked as Global Head of AML and Fraud Transaction Monitoring at Thomson Reuters, and holds the ICA International Diploma in AML. Malcolm sits on the Research Advisory Committee of the Future of Financial Intelligence Sharing programme as well as the UK RegTech Council’s KYC working group.