The Association of Certified Anti-Money Laundering Specialists (ACAMS) held its 6th Annual Anti-Money Laundering and Counter-Terrorism Financing Conference in Amsterdam from 7-8 June 2010. As part of the speaker faculty, Mr. Thomas Kerscher gave a presentation on Combating Corruption and Bribery, on behalf of IMAGOS.
The event started out with pre-conference workshops that focused on developing a practical guide to developing and implementing a risk-based Anti-Money Laundering (AML) programme, and adopting proven strategies to ensure successful AML audits. Topics addressed during the first day of the main conference included keeping current with European and international money laundering regulations to ensure compliance, analysing lessons learned from the latest international enforcement actions, evaluating best practices from around the world for combating corruption & bribery, practical applications for navigating the complexities of global economic sanctions requirements, and tackling emerging fraud and money laundering schemes.
On the second day, the conference addressed the EU’s third money laundering directive and how to overcome remaining implementation challenges, understanding the AML department’s role in detecting and preventing tax evasion, adopting an innovative approach to terrorist financing prevention, leveraging risk-based customer due diligence to achieve greater transparency, mitigating the money laundering risks of cross-border payments, and fine-tuning transaction monitoring processes to ensure maximum efficiency.
The full conference agenda can be downloaded here.