| Day 1 | March 25, 2025
12:45 Generative AI in financial crime: Transforming enterprise risk & compliance
• AI-Driven financial crime risk intelligence
8:00 REGISTRATION AND BREAKFAST
8:50 CHAIR’S OPENING REMARKS
REGULATORY LANDSCAPE OF FINANCIAL CRIME - FIRESIDE CHAT
9:00 Managing compliance amidst frequent regulatory changes and understanding impact on technologies
• Strategies for maintaining alignment between technological advancements and regulatory requirements
• Addressing the challenges of ultimate beneficial ownership and perpetual KYC
• Preparing for future regulatory changes and adapting compliance programs accordingly
• Overcoming obstacles related to legacy systems and identifying future-proofing strategies
AML Reform ACT – PANEL DISCUSSION
9:35 Overview reformed FinCen AML 2020 Act requirements for risk assessments in 2025
Navigating diverse regulatory expectations for AI models and compliance in financial crime prevention
• Preparing for future regulatory changes and understanding their impact on technology use
• Exploring future trends in global AI and privacy regulations and their implications for financial institutions
Enhancing collaboration and understanding between regulators and financial institutions
• Addressing challenges for smaller institutions in meeting FinCen requirements
Managing lack of resource constraints and lack of technology infrastructures
Addressing the challenges posed by rapid technological advancement in relation to regulatory frameworks
Julianne Susman, ED & Counsel Global Financial Crimes Legal, Morgan Stanley Gregory J Calpakis, BSA/AML Reform Program Manager & InfoSec Officer, OCC
Gabriel Ngo, Director, Governor’s Review Officer, Supervision, Bank of Canada
10:20 MORNING REFRESHMENT BREAK AND NETWORKING
DATA MANAGEMENT AND INTEGRITY
10:50 Driving AI Innovation and Data Integrity Through Regulatory Frameworks
Leverage regulations like the EU AI Act and NYDFS Part 504 for better data management
• Distinguish true innovation from simple improvements
Use regulatory frameworks to drive innovation
• Address data mismanagement and develop continuous maintenance strategies
• Enhance data integrity to support technologies combating financial crime
Jay Krish, Head of AMl/FCC Data Governance, State Street
LEVERAGING AI IN FINANCIAL CRIME PREVENTION
– PANEL DISCUSSION
11:25 Exploring the future role of AI in financial crime prevention and compliance strategies
• Harnessing AI to enhance customer data management and analysis in banking Integration of AI in transaction monitoring and sanctions screening for better risk management
• Leveraging AI and ML to improve fraud detection and reduce false positives Managing automation and real-time payments in a regulated environment
• Exploring generative AI to enhance operational efficiency in financial crime
• Discuss law enforcement’s role in adopting AI for fraud prevention
Shankha Sen, Global Head of Financial Crimes Compliance, Data and Analytics, BNY
Patrick Simonnet, Chief Audit Executive, Bank of China
Sateesh Kumar Challa, Head of Digital Transformation Office, Société Générale
Xihua ‘Sabrina’ Chen, Global Head of AML/ Customer Risk / Data Science Senior Lead, Citi
Delena D. Spann, Cyber Fraud Task Force, U.S Secret Service
LEVERAGING ML TO DETECT FALSE POSITIVES
12:10 Implementing ML tools to enhance AML processes and reduce false positives
• Leveraging AI for data management and analytics to improve decision-making processes
Exploring the capabilities and boundaries of AI in detecting and preventing financial crimes
• Developing AI models and algorithms for better detection of financial crime patterns
Case studies demonstrating successful AI applications in financial crime compliance
Sateesh Kumar Challa, Head of Digital Transformation Office, Société Générale
Strategic compliance & resilience – AI-driven benchmarking
o Gap analysis, and automated actions help enterprises strengthen controls reduce regulatory exposure, and stay ahead of threats
Sasha Tuel, Head of Customer Success, Weave.AI
12:55 LUNCHBREAK AND NETWORKING
TRANSACTION MONITORING - FIRESIDE CHAT
1:45 Utilizing advanced technology for more effective transaction monitoring
• Implementing AI for better risk management and enhancing monitoring capabilities
Transitioning from rule-based to ML models for transaction monitoring
Balancing AI-driven models with manual oversight to ensure accurate monitoring
• Managing the impact of new software and system upgrades on alert volumes and false positives
Indra Reddy Mallela, VP, Model Risk, Compliance and Fraud, MUFG
Steve Solazzo, Director of Risk and Compliance, Dow Jones
SANCTIONS SCREENING AND GEOPOLITICAL RISKS – PANEL DISCUSSION
2:20 Navigating geopolitical developments and managing associated risks with sanctions screening
Understanding the complexities of sanctions evasion and its impact on financial institutions
• Examining best practices for due diligence and monitoring transactions to detect potential sanctions evasion
• Preparing for changes in sanctions regulations and understanding their implications
• Adoption of AI technologies for sanction screening and decision-making processes
Examining challenges related to the expiration of OFAC licenses and impact on securities
Max Lerner, Managing Director, Global Head Sanction Compliance and Anti Bribery & Corruption, State Street
Andrew Jensen, Managing Director, Global Head of Sanctions, TD Bank
Alice Rojas, Managing Director, Americas Head of Sanctions Compliance, Société Générale
Hunter Kreger, SVP, Director of Financial Crimes Operations – OFAC Officer, Blue Ridge Bank
Alexandra (Alexa) Colquhoun, Head of Sales, Dow Jones
RISK ASSESSMENTS
3:05 Enhancing Risk Assessment measures across the financial sector
• Session details coming soon
Beth Berenbaum, Director, Risk Assessment Officer, ICBC NY Branch
3:40 AFTERNOON BREAK AND NETWORKING
FRAUD DETECTION VS AML MODELS
4:10 Key differences in validating fraud detection VS AML models
• Customer Type: Money launderers are typically internal customers with legitimate accounts, while fraudsters are often external actors
Addressing the lack of integration between technological systems and managing siloed technology
• Time Horizon: Money launderers take a long-term approach, blending illicit funds gradually, whereas fraudsters act quickly, exploiting short-term opportunities
Monitoring Focus: AML systems monitor long-term behavior patterns, while fraud systems prioritize rapid detection of specific events
Validation Approach: These differences require distinct validation methods, each demanding a unique thought process and focus
Chandrakant Maheshwari, FVP, Lead Model Validator, Flagstar Bank
EMERGING TECHNOLOGIES
4:45 Incorporating innovation and technology into financial crime infrastructures
• Leveraging AI and generative AI in financial crime processes to appeal to regulators
• Addressing vulnerabilities and enhancing infrastructure to prevent exploitation by financial criminals
• Understanding the need for both technical and domain expertise in implementing innovative solutions
Managing emerging risks of financial crime management in an enhanced technological landscape
Xiaoling (Sean) Yu, Director, Financial Crimes and Liquidity Risk
ModelingQuantitative Modeling & Advanced Analytics, KeyBank
5:20 CHAIR’S CLOSING REMARKS
5:30 END OF DAY ONE AND NETWORKING DRINKS RECEPTION
Agenda | Day 2 | March 26, 2025
8:00 REGISTRATION AND BREAKFAST
8:50 CHAIR’S OPENING REMARKS
CRYPTOCURRENCY – PANEL DISCUSSION
9:00 Understanding and managing evolving threats in the cryptocurrency landscape
• Leveraging AI to tackle financial crime issues related to cryptocurrencies
• Implementing KYC protocols in the cryptocurrency space to combat anonymity Strategies for combining technology to investigate cryptocurrency transactions
• Creating and implementing systems to detect threats and suspicious activities, including money laundering Best practices and return of experience
Deepthi Machavaram, Global Head of Digital Financial Crimes Compliance, Morgan Stanley
William Mack, Special Agent in Charge, U.S Secret Service
Milan Kosanovich, Supervisory Special Agent, FBI
CRYPTOCURRENCY REGULATIONS
9:45 Managing increased regulatory scrutiny following incidents involving crypto banks and money laundering
• Implementing cryptocurrency policies aligned with US Treasury guidelines
• Navigating the regulatory environment to ensure compliance with cryptocurrency transactions
• Creating and enforcing policies around cryptocurrency investments
• Addressing the various stances financial institutions take on cryptocurrency Embracing, ring-fencing, or avoiding?
Jason Foye, VP, Illicit Finance and Fraud, FINRA
10:20 MORNING REFRESHMENT BREAK AND NETWORKING
KYC
10:50 Increasing compliance in KYC processes to streamline process and reduce financial crime
• Ensuring compliance with KYC and data privacy regulations during ID verification Leveraging AI/ML within KYC process to mitigate financial crime and fraud
• Transforming KYC compliance to be frictionless for customers
• Ensuring effective KYC checks to prevent fraud
BANKS
VS FINTECHS – PANEL DISCUSSION
11:25 Understanding the gap between traditional banking and fintech in adopting new technologies
• Evaluating the risks and benefits associated with fintech and bank partnerships.
• Managing regulatory scrutiny and compliance challenges in bank-fintech collaborations
• Conducting oversight of fintech activities to manage AML and KYC risks
• Collaboration between banks and FinTech’s to leverage technology and enhance fraud prevention
Brian Borawski, SVP & Director, Payments Risk, Comerica Bank
Andrew Czupek, SVP, Head of Innovation and Advocacy, Northern Trust
Victor Cardona, SVP, BSA Officer, Head of Anti-Money Laundering, Golden State Bank
IDENTITY THEFT AND FRAUD
12:00 Implementing best practices and technology to prevent identity theft and account fraud
• Managing growing trends in fraud and identity theft
• The rise of deepfakes and sophisticated robocalls Exploring advanced technologies used by fraudsters and developing countermeasures
• Preparing for evolving fraud tactics and enhancing prevention measures
Utilizing AI and ID verification tools to protect against theft and fraud Pobereyko, Acting Asst. Special Agent in Charge, IRS Criminal Investigations
12:35 LUNCH BREAK AND NETWORKING
THIRD PARTY RISK MANAGEMENT
1:35 Managing third-party risk in financial crime
management
Ensuring third-party vendors adhere to the same standards and regulations as financial institutions
• Managing effectively to prevent risk of customer data breaches
Actively monitoring third parties to maintain oversight associated with KYC and transaction monitoring
• Leveraging technology for effective due diligence and oversight on third parties
Mitigating fraud, money laundering or financing of illegal activities
Hunter Kreger, SVP, Director of Financial Crimes Operations – OFAC Officer, Blue Ridge Bank
BLOCKCHAINS
2:20 Overview of blockchain technology and its potential applications in fraud prevention
Exploring scenarios where blockchain could reduce fraud risks in financial transactions
• Assessing the readiness of financial institutions to adopt blockchain technology. Understanding the limitations and challenges of blockchain adoption in the financial sector
• Potential use cases of blockchain to document authenticity and prevent fraud
2:55 AFTERNOON BREAK AND NETWORKING
COLLABORATION
3:25 Building sound partnerships to enhance crime prevention and effective cybersecurity measures
• Coordinating efforts between financial institutions and other sectors to combat financial crime
• Challenges and opportunities in establishing collaboration between financial institutions and other industries
Leveraging technology to facilitate coordinated approaches to financial crime prevention
Pamela Clegg, Former SVP, CCO and BSA Officer, United Texas Bank
MARIJUANA RELATED BUSINESSSES (MRB)
4:00 Understanding the growth of MRB and the impact this has to traditional banking
• Addressing risks of handling MRB.
• Managing potential fines and shutdowns related to MRB 4
Managing conflicts between state legalization and federal prohibition.
• Leveraging technology to mitigate risks associated with MRBs.
4:35 CHAIR’S CLOSING REMARKS
4:45 END OF DAY TWO AND END OF FINANCIAL CRIME USA 2025
Why should you be attending these sessions?
AML ACT
Overview of technological advancements required for AML ACT reform
• Addressing challenges for smaller institutions in meet FinCen requirements
• Managing lack of resource constraints and lack of technology infrastructures
• Addressing the challenges posed by rapid technological advancement in relation to regulatory frameworks
LEVERAGING AI /ML IN FINANCIAL CRIME PREVENTION
Deep dive into the future of AI/ML in financial crime prevention
• Leveraging AI and ML to improve fraud detection and reduce false positives
• Exploring the capabilities and boundaries of AI in detecting and preventing financial crimes
• Exploring generative AI to enhance operational efficiency in financial crime
SANCTIONS SCREENING AND GEOPOLITICAL RISKS
Navigating geopolitical developments and managing associated risks with sanctions screening
• Examining best practices for due diligence and monitoring transactions to detect potential sanctions evasion
• Preparing for changes in sanctions regulations and understanding their implications
• Adoption of AI technologies for sanction screening and decision-making processes
EMERGING TECHNOLOGIES
Incorporating innovation and technology into financial crime infrastructures
• Addressing vulnerabilities and enhancing infrastructure to prevent exploitation by financial criminals
• Leveraging AI and generative AI in financial crime processes to appeal to regulators
• Managing emerging risks of financial crime management in an enhanced technological landscape
BLOCKCHAINS
BANKS VS FINTECHS
Bridging the gap between traditional banking and fintechs in adopting new technologies
• Managing regulatory scrutiny and compliance challenges in bankfintech collaborations
• Evaluating the risks and benefits associated with fintech and bank partnerships.
• Conducting oversight of fintech activities to manage AML and KYC risks
Reviewing potential applications of blockchain in fraud prevention
• Exploring scenarios where blockchain could reduce fraud risks in financial transactions
• Assessing the readiness of financial institutions to adopt blockchain technology.
• Understanding the limitations and challenges of blockchain adoption in the financial sector
CRYPTOCURRENCY
Best practices to manage evolving threats in the cryptocurrency landscape
• Leveraging AI to tackle financial crime issues related to cryptocurrencies
• Implementing KYC protocols in the cryptocurrency space to combat anonymity
• Strategies for combining technology to investigate cryptocurrency transactions
TRANSACTION MONITORING
Leveraging advanced technology for effective transaction monitoring
• Implementing AI for better risk management and enhancing monitoring capabilities
• Transitioning from rule-based to ML models for transaction monitoring
• Balancing AI-driven models with manual oversight to ensure accurate monitoring
Convince your Boss
#1 What Your Boss Will Say: “What’s included within the ticket price?”
“For the price of my ticket, not only will I gain full access to both days of CeFPro’s FinCrime, Tech, AI & Innovation Congress, I will also receive breakfast, lunch, and refreshments throughout, and a complimentary drinks reception at the end of day-1.
The learning opportunities don’t stop there as once the event has ended I will receive exclusive access to post-event materials and resources, and a portal log in to CeFPro Connect, my new personalized gateway to the latest risk intelligence and insights.”
#2 What Your Boss Will Say: “Will you learn anything of value that we can integrate into our strategy?”
“The agenda for the event has been carefully curated through an extensive research project involving speaking to more than 25 financial crime experts from prestigious financial institutions. As a result, the agenda is a direct reflection of the top-of-mind challenges and opportunities that senior practitioners are integrating into their own strategies.
These sessions will offer me practical insights and the latest advancements inot financial crime prevention that I will then be able to directly apply to enhance and innovate our own operation. The knowledge I gain will help our department refine our approach, identify new opportunities, and address emerging challenges in the industry.”
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#3 What Your Boss Will Say: “What specific benefits will attending this event bring to our team?”
“There is the opportunity to turn this event into a team building and development exercise with sessions on current critical matters such as: Emerging technologies, AML ACT Reform, Leveraging AI and many more. As such there a group discounts available which make it easier for us to get the team together, deep dive into these critical subject matters, and discuss what we have learnt and how we can apply this in between breaks.
If it’s just me attending, I will still receive access to the post-event materials and resources to consolidate the knowledge gained which I can then share with the team when I return. I can also refer the team to CeFPro Connect where they can make a free account and benefit from all the additional resources on offer.
During the event, whether I attend with colleagues or by myself there will be over 8 hours of networking opportunities with industry leaders to discuss our sector and obtain their knowledge for our own gain and application.”
#4 What Your Boss Will Say: “What will we do with you out of the office for 2 days?”
“ The venue will have WIFI so I will be able to bring my laptop with me if necessary. There are also many breaks throughout the day for lunch and refreshments so I will have many opportunities to step out and support the team if needed.
The benefits and resources that not just me, but our department will gain from at least one of us taking advantage of the excellent opportunity to better understand our industry will be a valuable use of my time for greater good. By attending, the extended learning opportunities that I will be exposed to beyond the event will continue making this a worthwhile investment of my time.”
#5 What Your Boss Will Say: “How will you share the knowledge and insights gained with the rest of the team?”
“I will be able to take notes throughout the sessions so that I can share key takeaways and points of reflection that we should consider. If you like, I could even do a presentation or report on the findings and my recommendations to share everything I have learnt.
There’s also the post-event materials and resources which will include copies of the presentations, behind-the-scenes deep-dive interviews with the speakers, and related articles and videos that support what I have learnt which I can share with the team also.”
For further help in convincing your boss to let you attend, Scan the QR code or click here for access.
Enjoy a premium experience with anticipatory service, sophisticated style and incredible views.
Situated in the Financial District close to One World Observatory, offers breathtaking elegance and contemporary design.
New York Marriott Downtown 85 West Street At, Albany St, New York, NY 10006, United States
Explore Downtown NYC. Provides guests with an optimal location in Lower Manhattan, close to an array of NYC attractions.
Nearby Hotels
Conveniently located just steps from Wall Street and the heart of the Financial District, putting you at the center of all the action.
Booking a hotel in downtown New York for the Financial Crime USA event ensures you’re right in the heart of the action, making it convenient to attend every session, and soak up the vibrant city atmosphere without the hassle of commuting.
• New York Marriott Downtown
• DoubleTree by Hilton New York Downtown
• Millennium Downtown New York
• Washington Square Hotel
Registration
Launch Rate
December 13
Early Bird Rate
February 21
Standard Rate
After February 21
*For those representing a financial institution/government body
Group Rates
Seize the opportunity, bring the team to advance their professional development and knowledge with our group booking promotion.
50% OFF:
Purchase two tickets and receive the third registrant at 50% off the prevailing rate
Free Pass:
Don’t stop there, as the more people you register, the better the savings. With every four tickets bought, the fifth is on us, completely free!
Bringing your team not only enhances the overall experience, but also fosters significant team building among colleagues while allowing you to save on your registration.
What’s Included
Access to 10+ sessions
Networking: 3+ hours
Lunch + Refreshments
Networking cocktail reception
PPT slides/decks
Podcasts with industry experts
Videos and interviews from the event
Connect agazine complimentary
CeFPro Connect membership
Community network and engagement
Market intelligence reports access
To register your place at the best rate possible, click here, or scan the QR code.
