Professional Money Launderers and Compliance Professionals

  • When: Friday, 17 May 2019
  • Time: 1-2pm BST
  • Level: All

In July 2018 the Financial Action Task Force (FATF) published a report that looks at the techniques and tools used by professional money launderers (PMLs). PMLs help criminals (for a fee) evade sanctions and AML and CTF safeguards.

The FATF report finds that many countries tend to ignore such money laundering activity through third parties, allowing PMLs to provide their services undetected in many jurisdictions.

In this webinar we will discuss the implications on compliance officers, including practical recommendations for the detection and prevention of PMLs.

Learning Objectives

  • Raise awareness of the key characteristics of a PML
  • Gain insight into the various money laundering tools and techniques that are used by PMLs such as trade-based money laundering and alternative banking platforms
  • Practical recommendations for the detection, investigation, prosecution and prevention of PMLs

Who Should Attend

  • Compliance Personnel
  • General Counsel
  • Industry Consultants
  • Risk Managers

Industry/Region

  • Financial Institutions
  • Fraud Detection
  • Europe

Register for this Webinar

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Moderator

Kieran Beer
  • Kieran Beer

  • Director of Editorial Content and Editor-in-Chief
  • ACAMS moneylaundering.com

Bio

Mr. Beer has been the editor-in-chief and editorial director for ACAMS moneylaundering.com since January 2007. Prior to that he was executive editor of Bloomberg Wealth Manager, a trade magazine for financial advisers to wealthy individuals, and he also served as a staff writer for Bloomberg Markets Magazine. Mr. Beer has been a financial journalist for more than 20 years, beginning his career at Institutional Investor, where he worked as a reporter and editor in the newsletter division and was a contributor to Institutional Investor magazine. He served as editor-in-chief of The Bond Buyer, founding editor of Thomson Municipal News/The Bond Buyer Wire and as the editor of the American Banker. Mr. Beer writes a column and periodically reports on money laundering and bank compliance. He has served as a panelist and moderator at industry conferences and appeared on CNN, CNBC, WCBS and spoken on NPR and Bloomberg radio (WBBR).

Speakers

Mehmet Aydogdu
  • Mehmet Aydogdu

  • Head of AML & Compliance
  • China Construction Bank, Corporation Frankfurt Branch


Tarik Eker

Bio

Tarik Eker is the Regional AML Director (DACH region, Central and Eastern Europe) for ACAMS and is a board and founding member of the ACAMS Germany Chapter. He is also a Senior Lecturer at the International School of Management, Germany and is active in the fields of big data analytics, risk management, mathematics and rating.

Prior to this, he was appointed as Senior Compliance Officer, Director for Dagong Europe Credit Rating srl. He oversaw and managed the compliance and ethics activities of Dagong Europe. Furthermore, he was responsible for developing, implementing and maintaining policies and procedures across the departments and branches of Dagong Europe, ensured full ongoing compliance to the European regulatory requirements, and staff members’ adherence to the internal policies and procedures.

Mr Eker is a veteran in compliance advisory, anti-money laundering, terrorist financing monitoring and fraud prevention, and has worked for several high-profile institutions in Europe, including holding the positions of Head of AML Monitoring at Commerzbank AG (Non-FI) and Head of Compliance in BBVA Corporates & Investment Banking in Frankfurt. He has also held several senior compliance related positions with MoneyGram International Limited and KPMG AG in Frankfurt, Germany.


  • Cristina C. Fleckenstein

  • Compliance AML Officer
  • Credit Suisse