MLROs.com Conference Two 2018Squire Patton Boggs, London | Wednesday 18th April 2018

Event Details

MLROs.com are pleased to bring you the second of our regular industry renowned conferences for 2018. Our conferences are always a great value, full-day event, packed with major topical issues and expert speakers.

The delegate fee includes refreshments, lunch and a post-event networking drinks reception, hosted by our friends at Squire Patton Boggs. The conference will be held at their London offices which are located at 7 Devonshire Square, London EC2M 4YH on Wednesday, 18th April 2018.

The various presentations will be provided to paying delegates electronically post-conference*.

The conference will provide delegates with the information to enhance the scope and depth of their knowledge across a broad range of subjects, as well as earn valuable CPD points.

Tickets & Bookings

Tickets for Conference Two start at just £100.00 for all-day attendance. Please note our pricing structure.

1st Release Admission £100
2nd Release Admission £150
3rd Release Admission £200
4th Release Admission £225
Half Day Admission (AM/ PM) £150

Register Here

 

MLROs.com Conference Two 2018 is proudly hosted by our friends at:

Agenda & Speakers

 

08:30 – 09:00

Registration & Coffee

Delegate’s arrival / registration and a chance to grab a pre-event coffee and some nibbles before settling into the day’s busy schedule!

09:00 – 09:10

david-pelled-circledDavid Pelled,
CEO MLROs.com

CEO’s Introduction

A quick welcome to MLROs.com Conference One 2018 North from our CEO and an update on the latest forum news and developments.

09:10 – 09:55

 Chris Webber
Partner, Squire Patton Boggs

Garon Anthony
Partner, Squire Patton Boggs

An Inspector Calls; What to Do When the FCA Comes Knocking

FCA fines for regulatory misconduct are on the rise again and the FCA is promising more investigations into more firms and individuals in 2018. Against that background, a proper and considered response to a regulatory issue has never been more fundamental to a firm’s ongoing relationship with the FCA, to it hard own market reputation and to minimising the risk of litigation. Garon Anthony and Chris Webber, partners in Squire Patton Boggs’ finance disputes team, will help you get to grips with the FCA’s investigation and enforcement powers and offer up their top tips for managing a regulatory issue.

09:55 – 10:40

Lana Abdullayeva
Director Risk & Compliance Solutions, Experian

The changing face of AML / Financial crime management – Don’t Reinvent the wheel!

We have been dealing with the risk-based approach for the past 20 years, looking to achieve effective systems and controls. However, the repeated feedback from the Regulators continues to raise concerns over the failure to implement a sustainable, relevant systems and controls environment
The tech revolution and the disruptions that come with it are changing both regulatory and customer expectations. The market and industry landscape is being transformed now!

Increased regulatory scrutiny in this transformed landscape drives the need for a more proactive end to end solutions approach to manage AML & Financial Crime risk and processes.

As time is of the essence, machines and data become critical in helping across the overall governance framework – holistically, consistently and dynamically across all layers of risk activities, aligning the framework with growth strategy of the business as a whole.

Do we need to start from ground zero to build a new way of dealing with this, or can we learn more efficiently from other sectors that have had to change in order to cope with a similar challenges
Lana will explore various options and key success factors in light of various regulatory guidance and industry developments.

10:40 – 11:00

 Morning Coffee

Selection of teas, coffees, cakes and fresh juice available.

11:00 – 11:40

Denis O’Connor

Everything an MLRO Should Know About The Bank Deposit Protection Scheme

Following the Financial Crisis, all retail and some other bank depositors have their funds protected up to a maximum of £85,000 in the event of their bank defaulting.

Denis will highlight a little understood exception to this element of consumer protection which is set out in the EU Deposit Guarantee Directive, the PRA Rules and the Financial Services Compensation Scheme Technical Guide that all Financial Crime staff and (all personal bank account holders) should be aware of.

Denis will also consider the interplay with Risk Based Approach to Financial Crime and the Treating Customers Fairly principle and then suggest some measures to address the serious concern that has been identified.

11:40 – 12:20

Ben Helps
CEO, Factern

How Explicit Metadata Management will Help to tackle Fin Crime and Rebuild Trust Online

KYC and identity proofing processes are on the front line of anti-money laundering efforts, and often already suffer both from high costs and reliance on data which can quickly go out of date. How to address these problems at the same time as handling the new risks and apparently contradictory requirements imposed by PSD2, Open Banking and GDPR?

Contrary to first impressions, implementing personal privacy rights, fostering greater agency (i.e. giving data subjects greater control over their own data) and permissioned data sharing can be harnessed to mutualise the costs of collecting and maintaining the data that MLROs need for their KYC processes. Beyond this, they also open up new markets for AML trust services and create powerful new ways to combat ‘bad actors’, giving MLROs a new toolkit to tackle financial crime.

Ben explores how an explicit metadata management is key to unlocking these opportunities, and to managing many of the new risks emerging in a connected, digital age

12:20 – 13:00

Stuart James
Partner, Squire Patton Boggs

GDPR, an Update with less than 3 Months to go

The General Data Protection Regulation comes into force in the UK on 25 May 2018. It represents the most fundamental reform of data protection law and practice in 30 years and will affect every business in the UK that deals with personal data in whatever form.  Stuart James is a partner in Squire Patton Boggs’ Commercial and IT team and has been advising clients on GDPR compliance for many years. Stuart will provide an update on progress of implementation of GDPR and the ICO’s views on good and bad conduct.

13:00 – 14:00

Lunch

Selection of sandwiches, drinks and snacks available.

14:00 – 14:45

Tanveer Quereshi
Barrister, Carmalite Chambers

Members of the Jury – an AML Trial!

 

You are hereby summonsed to jury service.

We will be trying a recent historic case in a realistic mock trial with you the delegates as the members of the jury.

The company director has been charged with fraud as a result of information passed to the police by a member of staff who works in the IT department.

It is alleged the director has been fraudulently applying for EU grants and then diverting the funds for personal use.

He is on trial and his employee is about to be cross-examined……

The case has some significant twists and turns and you will have to decide the outcome!

There will be pre-event learning materials and post-event materials supplied to delegates to ensure this session provides significant key learning opportunities.

14:45 – 15:30

Michael Knight-Robson
Consultant, Bovill

ABC – What’s the real risk

The message we’re hearing from the FCA is that ABC models are typically not considered mature enough, especially in relation to third parties. Firms, in general, concern themselves too much with Gifts and Entertainment, but in reality, third party relationships is where financial institutions should be concentrating their time and effort.

Michael will explore the risks of such relationships, and what controls firms need to have in place to mitigate the bribery and corruption risks that they bring.

15:30 – 15:50

Afternoon Coffee

Selection of teas, coffees, cakes and fresh juice available.

15:50 – 16:40

Domhnall Cullinan
Head of Anti-Money Laundering Division, Central Bank of Ireland

 

Session Information Pending

16:40 – 17:30

Panel Q&A

 

17:30 – 19:30

Evening Reception & Networking

A fantastic opportunity to decompress with a drink and some food; and network with your peers and the expert speakers of the day, hosted by Squire Patton Boggs.

Agenda & Speakers

 

08:30 – 09:00

Registration & Coffee

Delegate’s arrival / registration and a chance to grab a pre-event coffee and some nibbles before settling into the day’s busy schedule!

09:00 – 09:10

David Pelled,
CEO MLROs.com

CEO’s Introduction

A quick welcome to MLROs.com Conference One 2018 North from our CEO and an update on the latest forum news and developments.

09:10 – 09:55

Chris Webber
Partner, Squire Patton Boggs

Garon Anthony
Partner, Squire Patton Boggs

An Inspector Calls; What to Do When the FCA Comes Knocking

FCA fines for regulatory misconduct are on the rise again and the FCA is promising more investigations into more firms and individuals in 2018. Against that background, a proper and considered response to a regulatory issue has never been more fundamental to a firm’s ongoing relationship with the FCA, to it hard own market reputation and to minimising the risk of litigation. Garon Anthony and Chris Webber, partners in Squire Patton Boggs’ finance disputes team, will help you get to grips with the FCA’s investigation and enforcement powers and offer up their top tips for managing a regulatory issue.

09:55 – 10:40

Lana Abdullayeva
Director Risk & Compliance Solutions, Experian

The changing face of AML / Financial crime management – Don’t Reinvent the wheel!

We have been dealing with the risk-based approach for the past 20 years, looking to achieve effective systems and controls. However, the repeated feedback from the Regulators continues to raise concerns over the failure to implement a sustainable, relevant systems and controls environment
The tech revolution and the disruptions that come with it are changing both regulatory and customer expectations. The market and industry landscape is being transformed now!

Increased regulatory scrutiny in this transformed landscape drives the need for a more proactive end to end solutions approach to manage AML & Financial Crime risk and processes.

As time is of the essence, machines and data become critical in helping across the overall governance framework – holistically, consistently and dynamically across all layers of risk activities, aligning the framework with growth strategy of the business as a whole.

Do we need to start from ground zero to build a new way of dealing with this, or can we learn more efficiently from other sectors that have had to change in order to cope with a similar challenges
Lana will explore various options and key success factors in light of various regulatory guidance and industry developments.

10:40 – 11:00

 Morning Coffee

Selection of teas, coffees, cakes and fresh juice available.

11:00 – 11:40

Denis O’Connor

Everything an MLRO Should Know About The Bank Deposit Protection Scheme

Following the Financial Crisis, all retail and some other bank depositors have their funds protected up to a maximum of £85,000 in the event of their bank defaulting.

Denis will highlight a little understood exception to this element of consumer protection which is set out in the EU Deposit Guarantee Directive, the PRA Rules and the Financial Services Compensation Scheme Technical Guide that all Financial Crime staff and (all personal bank account holders) should be aware of.

Denis will also consider the interplay with Risk Based Approach to Financial Crime and the Treating Customers Fairly principle and then suggest some measures to address the serious concern that has been identified.

11:40 – 12:20

Ben Helps
CEO, Factern

How Explicit Metadata Management will Help to tackle Fin Crime and Rebuild Trust Online

KYC and identity proofing processes are on the front line of anti-money laundering efforts, and often already suffer both from high costs and reliance on data which can quickly go out of date. How to address these problems at the same time as handling the new risks and apparently contradictory requirements imposed by PSD2, Open Banking and GDPR?

Contrary to first impressions, implementing personal privacy rights, fostering greater agency (i.e. giving data subjects greater control over their own data) and permissioned data sharing can be harnessed to mutualise the costs of collecting and maintaining the data that MLROs need for their KYC processes. Beyond this, they also open up new markets for AML trust services and create powerful new ways to combat ‘bad actors’, giving MLROs a new toolkit to tackle financial crime.

Ben explores how an explicit metadata management is key to unlocking these opportunities, and to managing many of the new risks emerging in a connected, digital age

12:20 – 13:00

Stuart James
Partner, Squire Patton Boggs

GDPR, an Update with less than 3 Months to go

The General Data Protection Regulation comes into force in the UK on 25 May 2018. It represents the most fundamental reform of data protection law and practice in 30 years and will affect every business in the UK that deals with personal data in whatever form.  Stuart James is a partner in Squire Patton Boggs’ Commercial and IT team and has been advising clients on GDPR compliance for many years. Stuart will provide an update on progress of implementation of GDPR and the ICO’s views on good and bad conduct.

13:00 – 14:00

Lunch

Selection of sandwiches, drinks and snacks available.

14:00 – 14:45

Tanveer Quereshi
Barrister, Carmalite Chambers

Members of the Jury – an AML Trial!

 

You are hereby summonsed to jury service.

We will be trying a recent historic case in a realistic mock trial with you the delegates as the members of the jury.

The company director has been charged with fraud as a result of information passed to the police by a member of staff who works in the IT department.

It is alleged the director has been fraudulently applying for EU grants and then diverting the funds for personal use.

He is on trial and his employee is about to be cross-examined……

The case has some significant twists and turns and you will have to decide the outcome!

There will be pre-event learning materials and post-event materials supplied to delegates to ensure this session provides significant key learning opportunities.

14:45 – 15:30

Michael Knight-Robson
Consultant, Bovill

ABC – What’s the real risk

The message we’re hearing from the FCA is that ABC models are typically not considered mature enough, especially in relation to third parties. Firms, in general, concern themselves too much with Gifts and Entertainment, but in reality, third-party relationships are where financial institutions should be concentrating their time and effort.

Michael will explore the risks of such relationships, and what controls firms need to have in place to mitigate the bribery and corruption risks that they bring.

15:30 – 15:50

Afternoon Coffee

Selection of teas, coffees, cakes and fresh juice available.

15:50 – 16:40

Domhnall Cullinan
Head of Anti-Money Laundering Division, Central Bank of Ireland

 

Session Information Pending

16:40 – 17:30

Panel Q&A

 

17:30 – 19:30

Evening Reception & Networking

A fantastic opportunity to decompress with a drink and some food; and network with your peers and the expert speakers of the day, hosted by Squire Patton Boggs.