Enhancing Your AFC Program to Detect and Report Bribery and Corruption

Max Lerner is a Managing Director at State Street, a leading global bank focused in custodial, asset management and advisory, transfer agency, and administrative services based in Boston. In his role, Max is the Global Head of Sanctions Compliance and Anti-Bribery & Corruption Compliance, and as a senior member of the Financial Crime Compliance leadership team. Max is accountable for the design, management, and execution of State Street’s global sanctions and anti-bribery and corruption programs, including the screening systems and resulting alert risk analysis and resolution, policy and business unit advisory functions, regulatory engagement and investigation activities, and personnel management of teams based across the globe.

Prior to his tenure at State Street, Max was Legal Regulatory Counsel at Standard Chartered Bank, a major global bank focused on retail, trade finance, commercial, and correspondent banking, based at its New York office. Max’s practice focused on AML & sanctions advisory, dispute resolution management, and regulatory engagement, investigations, and remediation.

Additionally, Max currently holds the role of Chair of the Association of Global Custodians’ AML & Sanctions Committee, which brings together the top global custodian banks to address AML & sanctions issues. Max previously held a leadership role as Chapter Board Advisory Member for the Association of Certified Sanctions Specialists.

Dynamic, global, multilingual ABC Compliance leader highly regarded for heading compliance efforts and guiding short- and long-term business planning for high-profile companies. Proven track record of effectively handling ABC risks, leveraging in-depth understanding of relevant regulatory structures. Respected as a motivational, influential leader and collaborator who guides team members to deliver on lofty company goals. Builds and maintains lasting relationships, driving stakeholder alignment and buy-in for key initiatives through a people-focused approach.

Out-of-the-box, analytic thinker with high degree of initiative committed to making continuous improvements in strategy to enable growth.

Compliance professional with vast international experience in High Risk jurisdictions. Exceptional academic qualifications, including a Master of Science in International Business & Foreign Trade.

Sustainability advocate since 2010 connecting purpose with Business. Developing understanding around ESG | ABC convergence and the role of “G” in Risk Management.

Marcos Tinedo has a degree in Public Accounting from the Universidad Católica Andrés Bello (UCAB, Caracas, Venezuela, 2000), and has a Master's Degree in Finance from the Instituto de Estudios Superiores de Administración (IESA, Caracas, Venezuela, 2003). He is a seasoned professional with more than 22+ years of experience in the multinational banking financial sector, 6 of which include regulatory experience, being the founder of the banking risk supervision practice in Venezuela at the local banking regulator called SUDEBAN (Superintendence of the Institutions of the Banking Sector), 7 years holding positions of Vice President-Head of Internal Audit and Compliance Officer at the regional level in Citigroup and HSBC, first in Venezuela, then in Mexico (where he was Compliance Director in the Fintech and payments sector) and recently in the USA, where he currently resides since 2022, currently working in the internal audit area of financial crime at Citibank, N.A.

Recognized Professional by ACAMS Today (Spanish version, August-2021), is a Compliance Officer certified by the National Banking and Securities Commission of Mexico (CNBV, 2018), a Money Laundering Prevention Specialist certified by the North American Association of Specialists Certificates in Prevention of Money Laundering-CAMS/ACAMS (USA, 2020) and other financial crimes such as Human Trafficking and Illegal Trade in Wildlife; certified in AML-USA FinCEN (USA, 2021) and certified expert in FCPA (USA, 2021); He is also the holder of certifications in Governance, Risk and Compliance (GRC) issued by the OCEG (GRCP & GRCA, USA, 2017), as well as Internal Audit and Business Risks issued by the London Institute of Internal Auditors (IIA- UK, 2015)

In his trade field, he has stood out for being a member of the Committee for the Prevention of Money Laundering and Anti-Corruption of the Mexican Institute of Public Accountants (IMCP, Mexico, 2022), as well as the founder of the Working Group of Compliance Officers of the Association of Payment Aggregators of Mexico (ASAMEP, Mexico, 2022), as well as the creator of the comprehensive financial risk management system adapted to the Venezuelan financial system in conjunction with the company Durán & Asociados (RiskGuard®), and of the early identification system of risk alerts in the Venezuelan financial system and founder of the Banking Financial Risk Supervision Management in Venezuela. He was also a pioneer in the creation of automated tests to carry out specialized regulatory compliance reviews in Mexico, Latin America and globally with data populations, specifically, in the fields of Prevention of Money Laundering (AML), Sanctions-OFAC and Anti-Bribery and Corruption (AB&C). In the same way, he played a stellar role when he warned opportunely in the years 2007-2010 about the crisis that was coming on the Venezuelan financial system due to the presence of structured notes in the form of credit default swaps (Credit Default Swap - CDS) in the investment portfolio of various banks in the national financial system.

He is the author of three books, two in the area of Compliance with Sanctions in International Banking and one in the area of Prevention of Money Laundering:

• Best practices for the implementation of a Regulatory Compliance Program of the main Financial-Economic Sanctions regimes worldwide in International Banking (considered the first book of its kind written in Spanish available in Latin America) (English and Spanish)
• Reference guide of the main characteristics of the prevention of money laundering, financing of terrorism and proliferation of weapons of regimes of mass destruction, of the main 11 Latin American economies (Spanish)

All available for sale on Amazon.com and Google Books.

Additionally, he is an international speaker, having been interviewed on radio and television (Venezuela), and being invited to give keynote talks at numerous events and universities, both nationally and internationally, related to issues of internal control, financial risk management, prevention of money laundering and financing of terrorism, being the most recent with the Association of Certified Specialists in Money Laundering (ACAMS), Association of Certified Specialists in Financial Crimes (ACFCS Latam), Grupo Bolsa Mexicana de Valores (GBMV), Governance, Risk & Compliance (GRC) World Forums (UK), among others.

He is also a writer specialized in the prevention of money laundering, financing of terrorism, financial risk, the fight against bribery and corruption, financial crimes and regulatory compliance, among others, his articles having been published by ACAMS Today magazine (Latam)(Spanish version), digital magazine mundoPLD.com (Mexico), International Journal of Accounting and Auditing Legis (Colombia), as well as on the websites www.antilavadodedinero.com and www.opinionynoticias.com, among others.

Winner of the Mara de Oro award in 2017, for being considered the Best Banking Regulatory Compliance Advisor in Financial Crime with International Scope in his country, as well as a recipient of a Special Recognition granted by that foundation for his contribution to the development and modernization of the approach Management and Supervision of Financial Risk in the Venezuelan Banking Sector. Similarly, his book on the prevention of money laundering was recognized as the best book in the Banking and Finance category by the International Association for Education, Culture and Peace (AIDECP) in Lima, Peru in 2018.

Deborah Connor is a partner in Morrison Foerster’s Investigations + White Collar Defense Group. Prior to joining Morrison Foerster Deb was the former Chief of the Money Laundering and Asset Recovery Section (MLARS) of the U.S. Department of Justice (DOJ). With more than 25 years of service at DOJ, most recently leading its anti-money laundering (AML)/Bank Secrecy Act (BSA) enforcement, Deb is a leading authority in criminal AML/BSA matters. Drawing upon her unmatched experience in criminal investigations, litigation, and enforcement, Deborah focuses on guiding financial institutions, multinational companies, and individuals through cross-border internal investigations, regulatory enforcement defense, white collar criminal defense, and compliance counseling involving legal issues pertaining to sanctions, anti-corruption, AML/BSA, and cryptocurrency, among others. Deb’s practice has included representing financial institutions and senior executives in both criminal and civil enforcement actions.