Managing Risks and Optimizing Opportunities of Virtual Currencies

  • When: June 23, 2020
  • Time: 12PM – 2PM ET
  • Level: All

In an age of innovation, virtual currencies remain a difficult challenge for anti-financial crime (AFC) professionals. With no central regulator, minimal transparency and multiple scandals linked to Darknet marketplaces, the promises of disruptive digital currencies also present a host of compliance quandaries. This authoritative panel will outline compliance and AFC issues posed by cryptocurrencies, as well as practical guidance on managing their risks as their presence in the global financial system grows.

Learning Objectives

  • Analyzing instances of criminal activity facilitated by cryptocurrencies to gain insights on unique AFC risks such as KYC/CDD
  • Reviewing status of regulatory developments globally to detail cross-jurisdictional compliance risks of cryptocurrencies
  • Evaluating developments of Facebook’s Libra initiative to stay current on crypto trends and assess potential future direction of virtual currency markets

Who Should Attend

  • Compliance Personnel
  • Technology Officers
  • Industry Consultants
  • Vendors
  • Law Enforcement

Region/Industry

  • Global
  • North America
  • Banking
  • Fintech
  • Digital Currency Exchanges

Pricing

ACAMS Members Non-Members
$245 $445
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Moderator

William Voorhees
  • William J. Voorhees, CAMS

  • Senior Vice President | BSA/AML Financial Intelligence Unit Manager
  • BB&T

Bio

Mr. Voorhees is the manager of the Financial Intelligence Unit at BB&T Bank in Raleigh, NC. Within the FIU at BB&T, Will manages AML Operations, Investigations, EDD/KYC and Global Sanctions. Prior to this role, Will Was the Head of BSA/AML at Silicon Valley Bank in Santa Clara, CA.

Over the past few years, Will has become an expert in payments and digital currencies, including Bitcoin, and has spoken on the topic to numerous professional groups and government agencies all over the world.

Will is a former police officer and holds a Master’s degree in Forensic Accounting. He is a Certified Fraud Examiner and Certified Anti-Money Laundering Specialist and is a founding co-chair of the Northern California and Greater Phoenix chapters for ACAMS.

Speakers

Sarkis Mazraani
  • Sarkis Mazraani, CAMS

  • Anti Financial Crime Consultant
  • VALOORES Business Solutions

Bio

Sarkis Mazraani is experienced in Banking, Finance, Technology and Training since 1991. His expertise relates to Risk, Compliance, Anti Financial Crime, Anti Money Laundering, Combating the Finance of Terrorism, Fraud Investigation, Finance, Tax, Brokerage, Operations, Cyber Security and Resilience, IT Security, Crypto Currency, GDPR, Operational Risk and Governance. Sarkis is certified from ACAMS and Grant Thornton. He is an international conferences speaker and facilitator. He currently provides consultancies in the Middle East, Africa and North America.


Stephen Brent Sargeant

Bio

Stephen Brent Sargeant, CAMS, CBP works as an Anti-Money Laundering Investigator (AML) and Law Enforcement Liaison at cryptocurrency exchange, Bitfinex. He has previous AML experience working for international Bank, HSBC as an AML Investigations Manager. Prior to his AML career he worked as a Licensed Paralegal for Canadian Tire Corporation and D+H (FINTECH organization).

He is a FINTECH enthusiast that enjoys learning about Bitcoin, Blockchainand the future of the financial ecosystem. Passionate about helping others, he has written articles and produced podcasts for professionals in the Financial Crime Compliance field. He has also collaborated with many industry leaders in promoting goodwill, creating events and positive initiatives in the Compliance and FINTECH communities.


Liat Shetret
  • Liat Shetret, CAMS

  • Senior Advisor – Crypto Policy & Regulation
  • Elliptic

Bio

Liat Shetret is a Senior Advisor for Crypto-Policy and Regulation at Elliptic and an international strategic adviser for security and financial integrity and inclusion. For more than 15 years, she has led global capacity-building and technical assistance programs on anti–money laundering (AML), countering the financing of terrorism (CFT), financial inclusion, and countering violent extremism. She has formerly worked at the Egmont Group of Financial Intelligence Units, Citigroup Bank, the Global Center on Cooperative Security, and the U.S. House of Representatives Committee for Homeland Security. She has extensive experience implementing capacity-building assistance programs particularly in emerging markets and developing countries across Africa, the Americas, Europe, and the Middle East. Liat holds a Master of International Affairs degree from Columbia University’s School of International and Public Affairs (SIPA)and a BA in political science and psychology from the University of Illinois. She is also a Certified Anti-Money Laundering Specialist (CAMS).