Two-day masterclass

Money laundering and international client transactions

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Developing a risk-based anti-money laundering policy

SAVE 300 euro and book your early bird ticket before September 1st.

As part of your role, you are responsible for identifying transaction risks in the Netherlands, Europe and/or internationally. But with the rise in new payment systems and ever-more complex financial schemes, that job is becoming increasingly difficult.

In this hands-on masterclass, we’ll provide you with the in-depth knowledge and skills required to organise investigations more efficiently. Working on real cases, you’ll be able to benefit directly from the expertise of high-profile investigators, ambassadors and experts in financial fraud.

After finishing the masterclass, you’ll be able to put in place a risk-based anti-money laundering scheme for your own company.

  • You’ll learn to unpick legislation and international differences, as well as business and payment structures – allowing you to make informed choices about which clients might require follow-up investigations.
  • We’ll offer you useful tools for mapping your clients’ offshore finances, making it easier to spot instances of tax evasion or avoidance.


 
All case studies will be tailored to reflect the outcome of our participant survey.

Safely follow a training at IIR

The safety of our participants and employees is paramount. We do this in class as follows:
iir.nl/veilig-training-volgen-bij-iir

 

Specially developed for:

This masterclass is particularly useful for those employees who work in the line of defence (e.g. compliance, legal, AML, fraud specialists, etc.). It has been put together with considerable input from them. It covers the payment sector – including banks, mortgage providers, card services, credit and investment providers, as well as corporate service providers.

Masters

Cecilio Alvarez

Expert financial transactions, Independent Consultant

Peter van Leusden

Project leader FIOD Anti-Corruption Centre

Remy Jansen

Head of Department thematic Supervision Integrity Risk De Nederlandsche Bank

Sebastiaan Huijbregts

Lecturer in the fields of AML (CDD, KYC) and ESMA

Tickets

Programme

The safety of our participants and employees is paramount. We do this in class as follows: iir.nl/veilig-training-volgen-bij-iir

2 November 2020 - A deep dive into the world of international payments

08:30 09:00

Arrival and administration

09:00 09:30

Welcome & introduction

Cecilio Alvarez

Expert financial transactions, Independent Consultant

09:30 12:00

Module 1: Cultural aspects

Cecilio Alvarez

Expert financial transactions, Independent Consultant

09:30 – The cultural perspective: different approaches and views on combatting money laundering
10:45 – Why identifying money laundering is so important
The impact on societies who choose to ignore it

12:00 13:00

Lunch

13:00 16:30

Module 2: Transaction monitoring – from the Netherlands to Panama via Cyprus

Sebastiaan Huijbregts

Lecturer in the fields of AML (CDD, KYC) and ESMA

Cecilio Alvarez

Expert financial transactions, Independent Consultant

  • Understanding the importance of integrity within your organization, as well as the challenges that come with a fluctuating risk appetite
  • Identifying your organisation’s risk ‘sweet spot’, and gaining insight into offshore and payment structures
  • Recognising forgery fraud
  • The social customs of the Italian Mafia and the transition from traditional to modern money laundering methods
  • Taking a structured approach for combatting money laundering by using real-life case studies
16:30 17:00

Q&A

3 November 2020 - Identifying and managing crime risks – the Dutch perspective

08:30 09:00

Arrival and administration

09:00 09:15

Welcome

Cecilio Alvarez

Expert financial transactions, Independent Consultant

09:15 11:45

Module 3: Actualities in legislation, supervision and tools

Andries Doets

AML Attorney

Eurius

Anton Ekker

GDPR Attorney

Ekker Advocatuur

Birds-eye view of Dutch legislation implementing the subsequent EU AML Directives. Where do we stand now and what are the main challenges? How does AML legislation relate to privacy laws, especially in a cross-border context? You will learn which topics are on top of the agenda of the national and EU supervisors and how your organization could best address these.

Session 1: Anti-Money Laundering (AML) legislation

  • How it all started: developments EU AML Directives and Dutch AML legislation
  • The importance of having in place a solid and detailed Systematic Risk Analysis
  • Changing standards in how to interpret the definition of “unusual” transactions: International Tax and criminal law considerations
  • The lasting impact of the Panama/Paradise Papers and the Off-shore Leaks with regard to Client Tax Integrity
  • The call for an EU AML supervisor and role of the European Banking Authority (EBA)
  • What is the scope of the duty to investigate clients and transactions? How much is enough?
  • Analysis of recent enforcement actions (e.g. Danskebank) and case law regarding AML

Session 2: General Data Protection Regulation (GDPR)

  • AML obligations versus the General Data Protection Regulation (GDPR)
  • Basis privacy principles and GDPR requirements
  • Which safeguards must be put in place in AML procedures, to ensure compliance with GDPR?
  • How to use Privacy Enhancing Technologies (PETs) to limit privacy impact?
  • The DNB Good Practices Fiscal Integrity Risks: possible conflicts with GDPR?
  • Legal grounds for data processing: public interest / legitimate interest?
  • Data exchange between Dutch authorities and financial institutions in the fight against terrorism: Convenant Terrorismefinanciering Taskforce, draft Wet gegevensverwerking door samenwerkingsverbanden, judgment in de SyRI-case (Systeem Risico Indicatie)
11:45 12:45

Lunch

12:45 15:30

Module 4: looking out for red flags

Peter van Leusden

Project leader

FIOD Anti-Corruption Centre

  • Using recent real-life case studies, understanding the different research phases and becoming aware of red flags that might indicate fraud or bribery
  • Tools available to efficiently investigate complex money laundering and bribery cases
  • Structured approach in complex casefiles
  • From favoritism to extortion
15:30 17:00

Final topic: the supervisor’s perspective and Q&A

Remy Jansen

Head of Department thematic Supervision Integrity Risk

De Nederlandsche Bank

Download brochure?

Masters

Cecilio Alvarez

Expert financial transactions, Independent Consultant

Peter van Leusden

Project leader FIOD Anti-Corruption Centre

Remy Jansen

Head of Department thematic Supervision Integrity Risk De Nederlandsche Bank

Sebastiaan Huijbregts

Lecturer in the fields of AML (CDD, KYC) and ESMA

Anton Ekker

GDPR Attorney Ekker Advocatuur

Andries Doets

AML Attorney Eurius

Venue

Amsterdam Nederland

More information?

Do you have any questions or would you like personal advice? Our advisor will be happy to talk to you about the possibilities.

Jeremy Stevens | IIR
Questions about your registration?

Please contact Jeremy Stevens for more information. 020 - 580 5455 Email Jeremy