This is the 3rd edition of the IFCTF Conference following the hugely successful event in 2010 and 2009.

With increasingly volatile political and economic turmoil in various parts of the globe, financial institutions must be extremely vigilant or become exposed and vulnerable to money laundering and financing of terrorism activities. Sanctioned countries, hostile nations, tax evaders, drug traffickers, people smugglers and dubious organisations are forever exploiting vulnerabilities in the international trade and banking systems to move money from illegal sources for illegal or legitimate purposes. International agencies and regulatory authorities are unable to estimate the volume of money currently launderers with any degree of assurance. Nevertheless, regardless of the difficulty in measurement, the amount of money launderers each year is estimated to be in the billions and pose a significant policy concern for governments. As a result, governments and international bodies have undertaken efforts to deter, prevent and apprehend money launderers. In addition, financial institutions have undertaken efforts to prevent and detect transactions involving dirty money, both as a result of government requirements and to mitigate reputational risk.

Source : Institut Bank-Bank Malaysia (http://www.ibbm.org.my/ifctf2011/about.php)

DAY 1

No. Presenter Title
1. José Carapinha
Macau SAR Financial Intelligence Office Legal Counsel
International Sanctions: Countries’ Experience In Dealing With Sanctions and Public Listings the Situation of Macau
2. Police Colonel Seehanat Prayoonrat
Ph.D.(Law)
Acting Secretary-General
Anti-Money Laundering Office, Thailand
International Sanctions: Countries’ Experience in Dealing with Sanctions and Public Listings
3. Prof. Dr. Dr.h.c.mult. Friedrich Schneider
Johannes Kepler University
Department of Economic
The Financial Flows of Transnational Crime: A Preliminary Survey
4. Dato’ Mohamad Fuzi B. Harun
Commissioner Police
Director , Special Task Force
(Operation And Counter Terrorism)
Royal Malaysia Police
Informal Fund Transfer Systems (HAWALA)
5. Suresha Iyer
CAMS Director, Oracle Financial
Services Crime and Compliance
Management - Professional Services
Informal Value Transfer Systems (IVTS)
6. David Shannon
Asia/Pacific Group on Money Laundering (APG)
Impact of the Revised Standards on Regional Compliance
7. Ping-yiu MA
Head, Joint Financial Intelligence Unit, Hong Kong Police
Collaboration Between Enforcement Agencies, Financial Intelligence Unit And Reporting Institutions In Tackling ML/TF Risks – Are We Getting The Right Outcome?
8. Seetha Ramachandran
U.S. Department of Justice
Deputy Chief
Asset Forfeiture Money Laundering Section
Money Laundering and Bank Integrity Unit
Enforcing Laws Against Money Laundering and Terrorist Financing
9. John Broome
Centre for Transnational Crime Prevention
University of Wollongong
The Impact of Anti Money Laundering and Combating Terrorist Financing Activities on the Business and Operations of Financial Institutions
10. Dato’ Dr Nik Norzrul Thani
Director, Al-Rajhi Bank Bhd
The Board of Directors’ Duty of Oversight: Are We Doing Enough?
11. Osman Morad
Chief Executive Officer
Standard Chartered Bank Malaysia Berhad
Oversight of the Board of Directors – Foreign Bank Perspective
12. Bruce Quick
General Manager & Sales Director
Detica NetReveal® - Asia Pacific
Entity Centric And Social Network Analysis For an Effective Financial Crime Strategy
13. David Shannon
Asia/Pacific Group on Money Laundering (APG)
Preventing ML/TF Risks Regulatory Expectations on Systems Infrastructure
14. Henny Bakker
Coordinator FIU-NL Team Counter Terrorism & Proliferation Financing Financial Intelligence Unit-The Netherlands
Current and Future European Commission AML/CFT Activities

 

DAY 2

No.

Presenter

Title

1. Prof Dr Normah Omar
Accounting Research Institute,
Universiti Teknologi MARA (UiTM)
Malaysia
Non-Profit Organisations (NPOs) as Medium for ML/TF – Red Flags for Identification
2. Dr Yunus Husien
Head, Indonesian Financial Transaction Reports and
Analysis Centre (INTRAC)
Non-Profit Organisations (NPOs) as a medium for
ML/TF – Red Flags for Identification
3. Mohamed Shahabar Abdul Kareem
Strategic Trade Controller
Strategic Trade Secretariat, MITI
Export Control – The Role of the Financial Institutions
4. Patrick McArdle
Senior Special Investigator for Enforcement
Federal Reserve Bank of New York
OFAC Compliance in the US and Your Institution
5. Paul DePasquale
Associate, Baker & McKenzie Zurich
Foreign Account Tax Compliance Act FATCA
6. Bernard Yap
Partner of Indirect Tax
Ernst & Young
Fraud: Goods And Services Tax (GST)
7. Julian Haswell
Senior Investigation Officer
HM Revenue and Customs
VAT Fraud – Red Flags for Identification
8. David Lehmann
Director, Forensic & Dispute Services
Deloitte Malaysia
Corporate Hijacking – Red Flags for Identification. Protect Your Business Against Identity Fraud
9. Mohamed Sufyan Mohd Mokhtar
Companies Commission of Malaysia
Corporate Hijacking
10. Henny Bakker
Coordinator FIU-NL Team Counter Terrorism & Proliferation Financing Financial Intelligence Unit - The Netherlands
Economic Sanctions In relation to the European Union (EU)
11. Seetha Ramachandran
U.S. Department of Justice
Deputy Chief
Asset Forfeiture Money Laundering Section
Money Laundering and Bank Integrity Unit
International Sanctions and Bank Prosecutions
12. Adi Akmal Ayob
Labuan FSA
Regulatory Expectations on Offshore Banks in Maintaining An Effective AML/CFT Framework
13. Foo Lee Mei
General Counsel,
Securities Commission, Malaysia
Regulatory Expectations on Intermediaries in Maintaining an Effective AML/CFT Framework
14. David Hsu
Country Compliance Officer
Citibank, N.A., Hong Kong
Identification and Reporting of Suspicious Transactions in Banks
15. Patrick McArdle
Senior Special Investigator for Enforcement
Federal Reserve Bank of New York
Mitigating Risks in Trade Finance