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Jersey | 05. 11. 2019

15th Annual Compliance & Economic Crime Symposium

The definitive compliance event of the year

Acknowledged by senior offshore practitioners as the essential event for MLROs, MLCOs, Compliance Officers, Senior Managers and Directors, the symposium offers a valuable opportunity to reflect upon the challenges faced by industry, whilst also equipping delegates with enhanced awareness of the key risks in compliance and the fight against financial crime.

2019-11-05 08:30:00 2019-11-05 17:00:00 Europe/London 15th Annual Compliance & Economic Crime Symposium Radisson Blu Waterfront Hotel BPP Events events@bpp.com
Schedulealt

The definitive compliance event of the year

Acknowledged by senior offshore practitioners as the essential event for MLROs, MLCOs, Compliance Officers, Senior Managers and Directors, the symposium offers a valuable opportunity to reflect upon the challenges faced by industry, whilst also equipping delegates with enhanced awareness of the key risks in compliance and the fight against financial crime.

The symposium will attract financial services professionals from around Europe and last year in Jersey we hosted over 150 delegates.

Who this event is for

  • Compliance professionals
  • Consultants
  • Corporate executives (including CEOs and CFOs)
  • Senior managers
  • Risk executives
  • Directors
  • MLROs
  • MLCOs

Pricing & discounts

Price: £445

We offer the following discounts for this event:

  • 20% for JCOA members
  • 10% for ICA, IoD, JADO, JBA and STEP members (Discounts cannot be used in combination)
2019-11-05 08:30:00 2019-11-05 17:00:00 Europe/London 15th Annual Compliance & Economic Crime Symposium Radisson Blu Waterfront Hotel JIBS Events bookings@jerseyibs.com
Sponsorsalt

Event Schedule

Registration & refreshments

08:30 - 09:00

Chairman's opening address

Chris Usher, Global Head of AML and Financial Crime Risk Education at BPP Professional Education

09:00 - 09:15
Plus

Financial crime considerations in dealing with cannabis-based financial services businesses

Steve Smith, Partner – Corporate Crime & Investigations at Eversheds-Sutherland International

09:15 - 09:45
  • Overview of the legal position and money laundering challenges in dealing with cannabis-based financial services businesses
  • Potential solutions to the issue
  • Other relevant developments and lessons learned from dealing with these challenges

Corporate and personal liability arising from economic crime – how the landscape is shifting

Michael Cushing, Partner at Appleby Jersey

09:45 - 10:15

Panel discussion: Effective policy and procedure in light of evolving economic crime legislation

Chris Usher (Chairman), Jared Dann & further speakers to be annouced

10:15 - 10:45

Refreshment break

10:45 - 11:15

Perception versus reality in bribery and corruption risk

Gianluca Esposito, Executive Secretary at The Group of States against Corruption (GRECO), Council of Europe

11:15 - 11:45
Plus

A review of changes in Economic Crime in 2019 and the future trajectory

Commander Karen Baxter, National Coordinator for Economic Crime at the City of London Police

11:45 - 12:15
  • Changes in Economic Crime in 2019
  • Changes in the Police Response
  • Future landscape and challenges in the future

Panel discussion: Unexplained Wealth Orders – developments in economic crime legislation

Chris Usher (Chairman), Carly Williams & Janice Drum

12:15 - 12:45

Lunch break

12:45 - 13:45

The International Sanctions landscape – navigating choppy waters

A Deputy Director at The Office of Financial Sanctions Implementation (OFSI), HM Treasury

13:45 - 14:15

The National Risk Assessment

Martin Moloney, Director General for the Jersey Financial Services Commission (JFSC)

14:15 - 14:45

Panel discussion: Jersey’s role in the fight against international financial crime

Chris Usher (Chairman), Andy Dobber, Luciano Brambilla & Martin Moloney

14:45 - 15:15

Refreshment break

15:15 - 15:45

Dirty money, dirty hands – making the UK a no-go zone for financial crime

Speaker to be confirmed

15:45 - 16:15

Case studies in Forensic Investigations

David Sowden, Director at Grant Thornton UK LLP & Tom Townson, Partner – Head of Financial Crime at Grant Thornton UK LLP

16:15 - 16:45

Chairman's closing remarks

Chris Usher, Global Head of AML and Financial Crime Risk Education at BPP Professional Education

16:45 - 17:00
2019-11-05 08:30:00 2019-11-05 17:00:00 Europe/London 15th Annual Compliance & Economic Crime Symposium Radisson Blu Waterfront Hotel JIBS Events bookings@jerseyibs.com
Sponsorsalt

Event Speakers

Chris Usher 400 X 400

Chris Usher

Global Head of AML and Financial Crime Education at BPP Professional Education

Chris has over 20 years’ experience in international financial services, working both in the UK and offshore, for major financial institutions such as Barclays Wealth and Santander.

Formerly an International Investment Manager he advised both individuals and corporate entities on complex investment scenarios. He now specialises in delivering training in investment management, taxation and regulatory matters in international finance centres around the world.

Chris is a specialist chairman of a number of high-profile events, including conferences such as the Annual Compliance & Economic Crime Symposium and the International Taxation Conference. As an expert in the financial crime risks posed to international offshore financial centres, Chris was invited to speak at the Association of Certified Anti-Money Laundering Specialists (ACAMS) conference on the topic of ‘Understanding the Criminal Vulnerabilities of Offshore Products and Services’.

400 X 400 Karen Baxter

Commander Karen Baxter

NPCC Coordinator for Economic Crime at the City of London Police

Commander Karen Baxter joined the City of London Police Economic Crime Directorate in July 2018 transferring from The Police Service of Northern Ireland. As the Head of Economic Crime she oversees investigations including Complex Fraud, Money Laundering, Overseas Anti-Corruption, Intellectual Property and the Economic Crime Academy. Commander Baxter is the National Co-Ordinator for Fraud and Economic Crime, working with forces across the UK to improve the policing response to Fraud.

Prior to joining CoLP, Commander Baxter started her career in the Royal Ulster Constabulary, she has been responsible for the investigation of Serious and Organised crime, Homicide, Public Protection and Terrorism investigations. Commander Baxter has a degree in Social Policy and holds a (Mst) with the University of Cambridge.

400 X 400 Ofsi

A Deputy Director at The Office of Financial Sanctions Implementation (OFSI)

HM Treasury

The Office of Financial Sanctions Implementation (OFSI) helps to ensure that financial sanctions are properly understood, implemented and enforced in the United Kingdom.

The Office of Financial Sanctions Implementation (OFSI), which is a part of HM Treasury, enables financial sanctions to make the fullest possible contribution to the UK’s foreign policy and national security goals. It also helps to maintain the integrity of, and confidence, in the UK financial services sector.

400 X 400 Gianluca Esposito

Gianluca Esposito

Executive Secretary at The Group of States against Corruption (GRECO), Council of Europe

Gianluca Esposito is currently the Executive Secretary of the Group of States against Corruption (GRECO) of the Council of Europe. GRECO monitors member states’ compliance with and effective implementation of the Council of Europe anti-corruption standards (it comprises all European countries and the United States of America). He also serves as the Council of Europe’s Ethics Officer.

Gianluca started his career at the Council of Europe in 1995 where he was involved in the negotiation of several conventions and other legal instruments, such as the Council of Europe’s anti-corruption conventions (and their monitoring mechanism, “GRECO”), the Convention on cybercrime and its additional protocol, the European Commission on the efficiency of justice (CEPEJ), the Council of Europe Conventions on action against trafficking in human beings, and on combating money laundering and the financing of terrorism. From 2005 to 2009, he was an Adviser in the Private Office of the Council of Europe’s Secretary General and Deputy Secretary General, covering legal and Human Rights issues. Before joining GRECO, he was the Head of the Equality and Human Dignity Department.

From 2009 to 2015, Gianluca acted as a Senior Counsel in the Legal Department of the International Monetary Fund (IMF) in Washington, DC. He focused on financial integrity and economic governance issues, notably in the context of the EC-IMF-ECB adjustment programs in Europe, and IMF’s surveillance, program and technical assistance work in selected countries in Africa, Asia and the Middle East. He published extensively on legal, policy and Human Rights issues.

Gianluca holds a Degree in Law from the University of Naples, Italy, and an LLM from Boston University (Boston, MA, USA). He qualified as a member of the Bar.

400 X 400 Martin Moloney

Martin Moloney

Director General at the Jersey Financial Services Commission (JFSC)

Martin Moloney joined the Jersey Financial Services Commission (JFSC) in February 2019 as Director General.

Prior to joining the JFSC, Martin worked as Special Adviser on Risk and Regulation to the Central Bank of Ireland (CBI), where he served for 16 years, previously heading up the Markets Policy, Markets Supervision, and Legal and Finance Divisions respectively.

Martin is a member of the Board of the International Organization of Securities Commissions (IOSCO) and he is an alternate member of the European Securities and Markets Authority (ESMA), as well as Chair of the latter’s Investment Management Standing Committee. He has been Chair of the European Systemic Risk Board’s Expert Group on Investment Funds and has represented Ireland on the EU Committee of Securities Regulators.

Martin has a strong appreciation of financial regulation. He had a leading role within the CBI in formulating policy for AIFMD, EMIR, and MIFID II and led the development of supervisory processes in relation to the Prospectus Directive and the Market Abuse directive. Prior to moving into securities regulation, Martin led the initial implementation of the Irish administrative sanctions enforcement regime and the regulatory levy system and had responsibilities with regard to anti-money laundering.

Martin’s experience is primarily across funds, investment/asset management and as part of the management team of the Irish integrated regulator within the CBI, where he developed regulatory experience in relation to banking regulation and insurance regulation. His recent experience includes matters relating to post-Brexit authorisations.

In his Special Adviser role, Martin took a keen interest in the CBI’s approach to Fintech and innovation, which led to the establishment of an innovation hub in the CBI.

Prior to joining the CBI, Martin worked for brief periods in the Department of Justice and the Irish Competition Authority, and spent ten years working in the Irish Department of Finance in positions of responsibility in relation to both national and semi-State debt management and the sale of State banks.

Martin spent his early career working in industry at Barclays Bank and the Bank of Ireland in London. Martin has an LLM in Business Law and a Masters qualification in Economic Policy, both from Trinity College Dublin. He has Postgraduate Diplomas in Arbitration, Regulatory Management and has completed professional examinations with the Chartered Institutes of Bankers and the Chartered Institute of Arbitrators.

400 X 400 Micheal Cushing

Michael Cushing

Partner at Appleby Jersey

Michael Cushing is a Partner in Appleby’s Jersey office and practises in the Dispute Resolution team. He is a Jersey Advocate and an English Solicitor and specialises in complex commercial and corporate litigation. Michael advises on a wide range of disputes, in particular trust, insurance-related and matters arising from the sale and purchase of businesses. He has considerable experience of acting for trustees in applications before the Royal Court for directions and his practice includes regulatory investigations, contentious insolvency, corporate restructuring, and asset recovery. He is frequently instructed in contentious matters by leading offshore fiduciary services firms and banks. Michael also regularly receives instructions from international law firms to advise on matters of Jersey law.

Michael joined Appleby in 2005, becoming a partner in 2008. Prior to that he was a partner in the London office of the international law firm Dechert LLP, where he specialised in commercial litigation, regulatory investigations and anti-trust litigation.

Michael has been consistently ranked highly by the leading legal directories. Most recently Michael was referred to as “simply outstanding” by Legal 500 UK 2016 which described him as “the consummate advocate; he combines strong client-handling skills with forthright technical abilities”. He has been described as a “delight to work with on complex international litigation” in Legal 500 UK 2015.

Chambers UK 2017 highlights Michael for being “pragmatic and technically strong” stating that he has built a wide-ranging commercial litigation practice, with noted experience in trust disputes and asset recovery matters. He was also recommended by Chambers UK 2016 for being an “effective litigator” with one source describing him as “very bright, very charming and pleasant to deal with.” Michael was named ´Leader in his Field´ by Chambers UK 2015 and praised for being “clear, calm and articulate.” Chambers UK 2014 recognised Michael as a notable practitioner and Chambers Global 2013 also ranked Michael as a ´Leading Individual´. Chambers UK notes that clients described him as “an incredibly good counsel. He´s considered, well researched and keeps a focused view of possible outcomes before rushing into advice.” Chambers Global 2012 praises Michael for his “ability to see the big picture and provide excellent tactical advice.”

Michael has contributed to the International Comparative Guide to Corporate Recovery and Insolvency, and to Wildy’s Cross-Border Co-operation in Offshore Litigation. He is a keen speaker, and has regularly presented on trust and regulatory matters to clients and industry professionals.

Michael is a member of the Law Society of England and Wales and the Jersey Law Society.

400 X 400 Steve Smith

Steve Smith

Partner, Corporate Crime & Investigations at Eversheds-Sutherland International

Steve is an experienced criminal litigator and advises individuals and corporate clients in both contentious and non-contentious financial crime matters often with cross-jurisdictional impact.

He draws on his unusual experience as a defence lawyer, former prosecutor for the Financial Conduct Authority and, most recently, as the Deputy MLRO for a major global financial institution, to:

1. defend individuals and corporate clients in financial crime, fraud and regulatory investigations and prosecutions; and

2. advise on financial crime compliance with a particular emphasis on anti-money laundering and anti-bribery systems and controls.

Having worked as a white collar crime defence lawyer for over ten years, Steve moved to the Enforcement Division of the Financial Conduct Authority where he was a senior lawyer in the Criminal Prosecutions Team. Whilst at the FCA, Steve investigated and prosecuted fraud and insider dealing cases.

Steve then moved to lead the financial crime advisory team supporting Barclays Private Bank and, latterly, as Deputy Head of Financial Crime for the EMEA offices of Nomura International Plc. During this time, he gained a good insight into the challenges facing an MLRO and financial crime advisory teams in achieving compliance with complex legal and regulatory requirements in both a domestic and international environment.

Andy Dobber

Andy Dobber

Head of Financial Crime Compliance (MLRO and MLCO) at Santander International

Andy is part of the senior management team and Head of Financial Crime Compliance (MLRO and MLCO) for Santander International which operates in both Jersey and the Isle of Man.

Andy has worked in offshore finance for well over 30 years during which time he has worked in both local and international law firms and trust companies in a variety of assurance, compliance and financial crime roles together with a stint at the Jersey Financial Services Commission.

Andy is a Fellow of International Compliance Association, a Chartered member of the Chartered Securities & Investment Institute, an Associate member of the Chartered Management Institute and a full STEP member and previous secretary of the STEP Jersey Branch as well as being the previous Treasurer of the JCOA. Andy helped to establish, and is the current chair of, the Jersey Bankers Association Anti-Fraud Forum. Outside of work Andy is a keen cyclist and fundraiser for Headway Jersey.

400 X 400 Jared Dann

Jared Dann

Partner at Appleby Jersey

Jared Dann is Partner in the Dispute Resolution department in Jersey. He is a commercial litigator who advises on a range of commercial disputes. He specialises particularly in trust disputes and in matters involving fraud and asset tracing.

He was called to the Bar of England & Wales in 2007 (currently non-practising) and practised thereafter at the commercial and chancery Bar in London, before joining Appleby in October 2011.

He was admitted as an Advocate of the Royal Court of Jersey in December 2014.

Jared was recently recommended by Legal 500 UK 2016 and also in 2015 where he was recognised for being both “quick-thinking and confident.”

400 X 400 Tom Townson

Tom Townson

Partner, Head of Financial Crime at Grant Thornton UK LLP

Tom has over 20 years’ experience as a practitioner and as a consultant to financial service firms in the Financial Crime arena covering fraud, AML, sanctions and conduct issues. He has led a number of globally significant programmes concerned with advising on building, reviewing or improving financial crime frameworks, primarily at firms subject to intensive regulatory scrutiny, involving multiple jurisdictions and regulators. Tom has advised a variety of firms across multiple sectors including insurance, asset management, retail banking, commercial banking, investment banking, SPVs, corporate trustees services providers and large corporates. He has appeared as an expert witness in the UK RCJ and has been instructed through the legal sector. He has also spoken about Financial Crime matters for a number of trade associations including LIIBA, CISI, UK Finance, ILAG, AMLP and ABA.

400 X 400 David Sowden

David Sowden

Director at Grant Thornton UK LLP

David specialises in investigating large and complex fraud, money laundering and corruption cases. He has given evidence in the Royal Court in Jersey, the Royal Court in Guernsey and in the Crown Court in England, as well as assisting with criminal investigations in the Isle of Man.

David is a recognised expert forensic accountant on the UK National Crime Agency database. He has worked with leading prosecution authorities such as the SFO, the National Crime Agency, the Crown Prosecution Service and the NHS Counter Fraud and Security Management Services. Such cases have involved allegations of corruption, theft, false accounting and money laundering.

He has acted on a number of high profile sensitive cases involving Politically Exposed Persons, often involving corrupt payments.

David has also been instructed to investigate the general conduct of professionals such as directors, solicitors, insurance brokers and chartered accountants, often involving complex trust structures and multi-jurisdictional issues.

Janice Drum 400 X 400

Janice Drum

Head of Compliance for UK/CI at Alter Domus

Janice joined Alter Domus in 2016 and has over 30 years’ experience in the finance industry, primarily in Jersey within the funds business. This includes over 10 years in a compliance and AML role, during which she spent 7 years as the key person authorised by the Jersey Financial Services Commission. Prior to this, she spent 2 years working at the Jersey Financial Services Commission as a Manager in the Funds Supervision Team.

Her role in Alter Domus is as Compliance Officer, Money Laundering Reporting Officer and Money Laundering Compliance Officer for Alter Domus Jersey and for the regulated Fund entities that are administered by Alter Domus in Jersey. She is also responsible for the oversight and management of the compliance function for the European and MEA region.

Before joining Alter Domus, she worked for a multi-licenced and multi-jurisdiction finance company in Jersey which was listed on the main UK stock exchange. One of her core responsibilities included the management and oversight of the compliance function for the Jersey Company and a number of jurisdictional offices including Ireland, Guernsey, UK, Luxembourg, Dubai and Asia.

Janice’s academic credentials include an MBA from the Open University, and an AML Diploma from the International Compliance Association. She also holds a diploma from the Chartered Institute for Securities and Investment.

2019-11-05 08:30:002019-11-05 17:00:00Europe/London15th Annual Compliance & Economic Crime SymposiumRadisson Blu Waterfront HotelJIBS Eventsbookings@jerseyibs.com

Radisson Blu Waterfront Hotel

Rue de L'etau, St Helier, St. Helier JE2 3WF

2019-11-05 08:30:00 2019-11-05 17:00:00 Europe/London 15th Annual Compliance & Economic Crime Symposium Radisson Blu Waterfront Hotel JIBS Events bookings@jerseyibs.com