AML & OFAC Compliance for the Insurance Industry - DS

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EARN CLE CREDITS

BRING YOUR ENTIRE TEAM! Ask about our generous team discounts.

AML & OFAC COMPLIANCE for the Insurance Industry January 19-20, 2022 • Virtual Conference (EST)

Benchmark with Senior Executives from: AIG

Liberty Mutual Arthur G. Gallagher Group Lloyds AXA Group Beecher Carlson CNA Gard Generali

Prudential

What’s New for 2022

Reconnect Virtually with Your Colleagues

CHEVRON-DOUBLE-RIGHT New OFAC Guidance on Ransomware and Digital Currency

CALENDAR-ALT

Convenient Format to Fit into Your Busy Schedule

CHEVRON-DOUBLE-RIGHT How Ransomware Attacks Affect Cyber Insurance

Expand Your Network with 1:1 Networking

CHEVRON-DOUBLE-RIGHT Minimizing Maritime & Aviation Risks

SCOR

CHEVRON-DOUBLE-RIGHT Tips to Strengthen Your Screening Process and Reduce False Positives

SiriusPoint

CHEVRON-DOUBLE-RIGHT Complying with New Country Specific Sanctions

Swiss Re

CHEVRON-DOUBLE-RIGHT Best Practices for Using IP Blocking and Geofencing

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Dedicated Time for Peer-to-Peer Conversation Set Up in Advance

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Stay Ahead of the Changing AML & Sanctions Landscape

2022 Speaker Faculty Jasmeet Ahuja Counsel Hogan Lovells LLP Claudia Botero Götz Senior Lawyer Gard North America Inc. Christine Brown Vice President, Associate General Counsel & Compliance Officer Americas SCOR

Key Conference Highlights pencil Lessons Learned from Recent AML & OFAC Enforcement Actions

Sandra Calmes Counsel Liberty Mutual Group Orrie Dinstein Global Chief Privacy Officer Marsh & McLennan Companies, Inc.

cogs Strategies for IP Blocking and Geofencing clipboard-list Best Practices for Documenting Your Risk-Based Approach chart-line Evaluating Your Increasing Business Risks in China

Jonathan Froome Head of Financial Crime Marsh McLennan Alexandra Gervase Chief Compliance Officer SiriusPoint

Scott Horton Associate General Counsel, Global Head of the Financial Crimes Group AIG Richard Jacobs Assistant Special Agent in Charge, Cyber Branch Federal Bureau of Investigation Christopher Keegan Senior Managing Director Cyber & Technology National Practice Leader Beecher Carlson Insurance Services, LLC John Keough Partner Clyde & Co. Susan Leddy Senior Legal Counsel Swiss Re Management LTD (Switzerland) Britt Mosman Partner Willkie Farr & Gallagher LLP Christopher Po-Ba Senior Managers Lloyds (UK)

Networking Time Built into the Conference Agenda Our virtual conferences are the same conferences you have come to expect in person but transformed into a virtual format. The new virtual conference delivers the same access to a community of industry leaders we have spent decades building and nurturing. We invite you to be part of this community. Immerse yourself in live presentations, panel discussions, specialized breakout sessions and networking opportunities.

Comments

Engage in meaningful dialogue with attendees and speakers in an interactive format.

Marc Rothenberg Vice President & Senior Regulatory Counsel Prudential Livio Russo Group Head of Ethics & Investigations Generali (Italy) Matthew Saint Group Anti Money Laundering Officer & Deputy Group Chief Financial Crime Officer AXA Nicole Sayegh Succar Partner Crowell & Moring LLP James Slear Partner Thompson Coburn LLP Inna Tsimerman Chief International Trade Counsel Arthur J. Gallagher Garrett Williams Senior Vice President & Chief Compliance Officer CNA Insurance

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Expand your network to a global audience.

2 | #AMLandOFAC

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Conference Day One – January 19, 2021 (EST) 10:00

Co-Chairs’ Opening Remarks microphone-alt Inna Tsimerman, Chief International Trade Counsel, Arthur J. Gallagher Christine Brown, Vice President, Associate General Counsel & Compliance Officer Americas, SCOR 10:15

LATEST ECONOMIC SANCTIONS DEVELOPMENTS

Country-Specific Hot Buttons to Watch: Russia, Iran, Venezuela, and Belarus microphone-alt Scott Horton, Associate General Counsel, Global Head of the Financial Crimes Group, AIG James Slear, Partner, Thompson Coburn LLP • RUSSIA: New sanctions and the impact on energy industry • IRAN: Current status of negotiations • VENEZUELA: Staying compliant with strict restrictions • BELARUS: How will the newest sanctions affect your business? 11:00

12:15

Networking Break

12:30

5 BIG AML ISSUES

Risk-Based Compliance and Due Diligence Requirements, the Pandora Papers and Emerging Risks to Flag Now microphone-alt Matthew Saint, Group Anti Money Laundering Officer & Deputy Group Chief Financial Crime Officer, AXA

Nicole Sayegh Succar, Partner, Crowell & Moring LLP • • • • •

1:15

microphone-alt Garrett Williams, Senior Vice President & Chief Compliance Officer, CNA Insurance Richard Jacobs, Assistant Special Agent in Charge, Cyber Branch, Federal Bureau of Investigations Christopher Keegan, Senior Managing Director, Cyber & Technology National Practice Leader, Beecher Carlson Insurance Services, LLC Jasmeet Ahuja, Counsel, Hogan Lovells LLP • How and when to contact the regulatory authorities • Engaging forensic investigations and a negotiator

HYPOTHETICAL SCENARIOS

The Finer Points of Managing Transportation Risks: How to Tackle the Most Pressing Maritime & Aviation Sanctions Compliance Challenges microphone-alt Sandra Calmes, Counsel, Liberty Mutual Group Claudia Botero Götz, Senior Lawyer, Gard North America Inc

THE RISE IN RANSOMWARE ATTACKS AND IMPORTANT TAKEAWAYS

Handling a Ransomware Attack on Your Company and Critical Steps to Avoid in the First Few Days

Meeting enhanced due diligence requirements Legal entity registry status update Digital ID: Latest developments Regulatory trends to watch Global consistency with new AML regulatory body

John Keough, Partner, Clyde & Co. • • • •

Ongoing implementation challenges with OFAC guidance Current Nord Stream II sanctions implications Identifying shipments to Iran, Cuba, and Venezuela Vessel screening best practices

2:00

Networking Break

2:15

CHANGES TO DATA PROTECTION AND PRIVACY

Data Protection and Privacy Considerations for Sanctions, AML & Regulatory Compliance microphone-alt Christine Brown, Vice President, Associate General Counsel & Compliance Officer

• Deciding whether or not to make a payment

Americas, SCOR

• How to make the payment

Orrie Dinstein, Global Chief Privacy Officer, Marsh & McLennan Companies, Inc. Inna Tsimerman, Chief International Trade Counsel, Arthur J. Gallagher

• How will this change the future of cyber insurance? • Impact of OFAC ransomware guidance. 12:00

1:1 Conversation We will match you in advance with another conference attendee to have a live video conversation.

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• • • •

How to receive consent and provide notice when you don’t have a relationship with the insured Complying with DFS insurance requirements Managing challenges to performing due diligence due to privacy claims Overcoming hurdles to verifying the quality of data

3:00

End of Day One Part of C5 Group’s ECONOMIC SANCTIONS GLOBAL SERIES


Conference Day Two – January 20, 2021 (EST) 10: 00

1:00

10:10

Will Your AML & Sanctions Risk-Based Compliance Program Meet Increasing Regulatory Expectations?

Co-Chairs’ Opening Remarks Regulatory Roundtable and Interactive Q & A

microphone-alt Marc Rothenberg, Vice President & Senior Regulatory Counsel, Prudential

microphone-alt Senior Representative, Office of Foreign Assets Control, U.S. Department of the Treasury 11:00

• Using predictive analytics to automate your process

Preparing for the Increasing Regulatory Pressure of European Authorities for AML and Sanctions

• Insight into what the regulators expect • Ensuring your program is flexible to adapt to new legislation

microphone-alt Livio Russo, Group Head of Ethics & Investigations, Generali

• What to expect from a virtual examination?

Susan Leddy, Senior Legal Counsel, Swiss Re Management LTD Christopher Po-Ba, Senior Managers, Lloyds This panel of international speakers from Italy, Switzerland and UK will share their perspectives and takeaways from the latest developments in Europe. They will discuss the new regulatory pressure, and highlight the top concerns for global insurers and reinsurers. Networking Break

12:15

CHINA

Jonathan Froome, Head of Financial Crime, Marsh McLennan • • • •

1:45

Networking Break

2:00

ENSURING DIGITAL ASSETS AND DIGITALIZING YOUR BUSINESS

New AML & Sanctions Compliance Challenges microphone-alt Inna Tsimerman, Chief International Trade Counsel, Arthur J. Gallagher Britt Mosman, Partner, Willkie Farr & Gallagher LLP

The New Blocking Statute, Future of Hong Kong, Supply Chain and Increasing Business Challenges: The Latest Best Practices for High Stakes Decision-Making microphone-alt Alexandra Gervase, Chief Compliance Officer, SiriusPoint

• OFAC, FinCEN and DOJ requirements • How to document your risk-based approach

PERSPECTIVES FROM EUROPE

11:45

RISK-BASED APPROACH

• New OFAC guidance on Virtual Currency • New DOJ National Cryptocurrency Enforcement team • Assessing the source of funds • Insurance risks for providing coverage for payment and fintech companies 2:45

Conference Adjourns

Evaluating the future of your operations in China Status report on Hong Kong – and predictions on what’s next Impact of new Blocking Statute Screening against the SDN list

• Humanitarian issues re Xinjian supply chain

Upcoming Events 4 | #AMLandOFAC

December 7 – 8, 2021

Hilton Washington DC Capitol Hill, Washington, DC

February 2 – 25, 2022 Virtual Event

twitter: @Insurance_ACI linkedin: ACI: Insurance/Reinsurance – Legal, Regulatory and Compliance Professionals


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You can also engage with other attendees directly. Find a person in the attendee list to send a message and/or an invitation to a video chat.

The Sessions area contains the majority of the conference programming and networking events. CHEVRON-DOUBLE-RIGHT Attend live sessions, ask questions, comment in the chat function, and take part in live polling.

Emma McAdam VP, Government Affairs

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The 1:1 Networking is a fast-paced opportunity to meet new people and expand your professional network.

Plan to visit the Expo often. It will be open before, during, and after the conference.

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Ramesh Kumar Partner

Terrific conference – learned useful updated information, heard very knowledgeable speakers, enjoyed good networking opportunities.

Very good experience learning how other companies structure their companies AML plans.

– Prudential Financial

Very well done and organized, informative and interactive.

Use this opportunity to explore new products and services from leading providers, and meet with new and existing partners over video chat.

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Patricia Harden Head of Sanctions

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Make Connections Join scheduled “1:1 Networking” sessions. They are an interactive way to expand your network of peers.

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Engage with solution providers of all kinds by visiting the “Expo” to watch videos and live demonstrations, and for face-to-face conversations.

Use the “People” tab to create new relationships and strengthen existing ones within your industry.

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education requirements. This course is identified as nontransitional for the purposes of CLE accreditation.

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