United Kingdom Chapter

    Overview

    The ACAMS United Kingdom Chapter was formally established on 14 March 2011. The objective of the chapter is to support ACAMS in its mission to advance the professional knowledge, skills and experience of those dedicated to the prevention and detection of money laundering.

    In addition, the chapter will:

    • Provide a United Kingdom perspective and input into regional and international standards for the detection and prevention of money laundering and terrorist financing
    • Provide networking platforms through which AML/CTF professionals collaborate with their peers throughout the United Kingdom
    • Deliver United Kingdom focused member events

    Chapter Events

    Upcoming Events

    *All past/prior events should automatically populate in the Past Events list once that event over (as it did on the old site).

    Source of Wealth: Understanding Wealth and How to Verify Its Legitimacy

    JUNE 24, 2020

    Please register here to watch the recording.

    On the 24th of June, the ACAMS UK Chapter had the pleasure of hosting a webinar discussing the complex and often sensitive topic Source of Wealth – Understanding wealth and how to verify its legitimacy. Both Ray Blake and Graham Barrow, from The Dark Money Files, joined the panel together with David Balson, Director of Intelligence at Ripjar.

    If you missed this very interesting discussion please register to hear the recording here.

    “Never lose sight of your common sense. Always retain a common sense approach and obviously abide by the rules. Understand your risk appetite and be prepared to explain SOW to a third party.” – Graham Barrow

    “Don’t just look for information that is consistent and congruous with what you have been told by the client, look for things that may be incongruous and wider and keep looking.” – Ray Blake

    “Always use the widest set of data possible” – David Balson


    The 2020 Sanctions Horizon – Complexity and Expansion

    MARCH 19, 2020

     

    This event has been postponed until further notice.

     

    2019 was a complex year in global sanctions compliance, with increasing expansion, intensification, and divergence. Notable developments include the escalation of tensions between the US and Iran and accompanying US maximum pressure sanctions on Iran, ongoing Brexit uncertainties and complications, and increasing numbers of, and legal issues arising from, US secondary sanctions. 2020 already appears poised to continue with trend at an accelerated pace.

    This session will examine some of the most complex trends in global sanctions compliance and the regulatory landscape going forward, for example recent Iran developments such as the triggering of the dispute resolution mechanism, and what next steps we are likely to see from a sanctions standpoint. It will explore recently imposed US sanctions, such as those on Nord Stream II under the National Defense Authorization Act, with a particular focus on secondary sanctions and the increasingly prevalent conflict of law scenarios which result. To conclude the panel will cover issues related to the sanctions consequences from UK’s withdrawal from the European Union, particularly given that this will be a critical issue for the sanctions regulatory landscape in 2020, and financial institutions will need to keep closely aware of what path the UK will take, and how this may impact wider EU and US dynamics.

    Photography / Videography

    There may be photography and/or videography at this event. Registrations and attendance at, or participation in this event constitutes an agreement by the registrant to LexisNexis’ and ACAMS’ use and distribution (both now and in the future) of the registrant or attendee’s image or voice in photographs, videotapes, electronic reproductions and audiotapes.

    Speaker:

    • Justine Walker, Head of Global Sanctions and Risk at ACAMS
      Justine Walker is the recently appointed Head of Global Sanctions and Risk, ACAMS and is a globally recognised authority on Sanctions.Until December 2019 Justine was Director of Sanctions Policy at UK Finance. The former chair of the European Banking Federation Sanctions Expert Group, a position she held from 2015 until December 2019, Justine has held specialist policy positions in the United Kingdom at the Financial Services Authority and the Treasury’s Counter Terrorist and Proliferation Financing Branch and numerous other prominent roles including with the UN.

      Within ACAMS Justine is tasked with leading critical industry and public-sector relationships, including engagement with key international bodies and think tanks. She holds a Ph.D. from the University of St. Andrews and an M.Sc. from the University of Edinburgh.
       
    • Henry Smith, Partner, Control Risk Group
      Henry is the head of our Europe, Middle East and Africa business intelligence and due diligence practice. Henry leads an integrated team of country experts, business intelligence specialists and researchers in London, Nairobi, Johannesburg, Lagos, Berlin, Moscow, Amsterdam, Paris, Milan and Dubai. The team provides varying depths of due diligence to help clients make decisions about business relationships with companies, people and governments, or to meet their compliance requirements; decision-making advice with regards to third party risk management; intelligence to inform the evaluation of growth and expansion opportunities; and intelligence to resolve problems and crises affecting their organisation.

      Henry has extensive experience providing advice to senior decision-makers in private sector and government-owned entities, including on critical investment decisions, country strategies, problem resolution, risk management and sanctions compliance. He was previously based in the Dubai office from where he led our political risk consulting in the Middle East and North Africa. This included designing and running our due diligence and political risk consulting for clients that were considering business with Iran under the terms of the 2015 nuclear deal. Henry has significant experience advising clients on compliance with UN, US and EU sanctions regimes alongside their in-house and external counsel.
       
    • Chloe Cina, Director Global Sanctions & Embargoes, Deutsche Bank
      Chloé Cina is a Director at Deutsche Bank in the Global Sanctions & Embargoes Team. She is a barrister of 13 years Call and sanctions expert. She was the former UK Head of Sanctions at HSBC. She obtained her European Master’s Degree in Human Rights at the Venice Human Rights Centre and worked for UNESCO in Paris from 2000-2004. She practiced at the Criminal Bar before joining the UK Treasury Solicitor’s Department in 2008 where she worked in the National Security team on terrorism and sanctions related litigation. She joined the Foreign & Commonwealth Office as a legal adviser in 2014, advising on financial sanctions and security policy in the EU and UN. She led the Iran nuclear legal team for the UK before joining HSBC in 2016. She regularly speaks at international conferences and has been a key contributor to the ACAMS international courses on sanctions.


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