logo-eui RSCAS

Anti-Money Laundering Academy

Qualitative The course is fully booked. To request inclusion in the waiting list contact fbf@eui.eu

Download the brochure

In cooperation with:

 

  • General description

    Recent failures of European financial institutions in combatting money laundering have increased the pressure on supervisory authorities. There is a need to strengthen the anti-money laundering (AML) supervision, as well as the expectations on financial institutions themselves to enhance their ability to manage those risks – starting from better risk understanding, appropriate governance to effective and comprehensive control processes.

    The intermediate-level course on AML has been designed for both senior professionals in the financial services industry working in the AML area and representatives of supervisory authorities. In addition to providing thought provoking content on evolving industry and supervisory practices, the course will be a platform to stimulate exchange and debate between the public and private sectors.

    The course, which will be held under the Chatham House rule, will provide an opportunity to financial institutions professionals to improve their understanding of supervisory mechanisms and expectations, and act as a forum to interact and exchange views with peers on the latest industry trends in risk management processes and tools. For the supervisors the course provides an overview of good industry practices in managing the money laundering risk, as well as concepts and approaches for effective supervision.

  • Topics covered

    • Role of financial services firms in fighting financial crime
    • Implications of financial crime risk for financial institutions and financial system stability
    • Institutional architecture of financial crime supervision
    • Key trends and evolutions in AML supervision
    • Supervisory perspectives and expectations in relation to firms’ governance and internal control systems
    • Use of AML risk assessment and risk appetite frameworks
    • Key trends and evolutions in core control processes: customer due diligence, customer risk rating and transaction monitoring

  • What you will learn

    • For supervisors, the course provides a unique opportunity to develop a detailed understanding of which are the best practices that financial institutions are deploying to fight financial crime. It will also cover the frameworks and tools required to effectively supervise AML polices and processes at banks
    • For industry executives involved in the AML field, the course is equally unique as it provides an opportunity to enhance their understanding of current best practices and industry trends, share experiences with relevant peers and i learn first-hand about supervisory perspectives and expectations on AML risk management

  • Course timetable

    The course will start at 11.00 on Wednesday, February 26th.
    The final session will end at 16:30 on Friday, February 28th.

    The full agenda will be shared with admitted participants in early 2020.

  • Meet the instructors

    Silvia Allegrezza

    Silvia Allegrezza

    Silvia Allegrezza is associate Professor of Criminal Law and criminal procedure at the University of Luxembourg. She is the Chair of the Ethics Review Panel and the Director of the Master II in European Economic and Financial Criminal Law. She has held visiting fellowships at universities in Germany, France, Brasil and Spain. She is Principal Investigator in several research projects founded by the EU Commission and by the Luxembourg Fond National de la Recherche. Her research focuses on Cryptocurrencies and crime (CRYPTOCRIME), on banking regulations and criminal law (EUBAR); on appeals proceedings in criminal matters (APIC) and on judicial remedies in EU criminal law (JURECRIPRO). Silvia is a member of the European Criminal Law Academic Network (ECLAN) and of the International Association of Criminal Law (AIDP).
    Magda Bianco

    Magda Bianco

    Magda Bianco heads the Consumer protection and Anti Money Laundering Directorate at the Bank of Italy since January 2014. Previous positions at the Bank of Italy include Head of the Economics and Law Division (2007), officer at the Economic law office (1999) and Head of the Financial Structures office (1997). She also held the position of Counsellor for economic and financial matters at Italy’s Ministry of Finance (since 2013) and economic Counsellor of the Justice Minister in 2012-2013. She is a research member at the European Corporate Governance Institute, member of the FinCoNet (Financial Consumer Protection Organization) and of the OECD-INFE (International Network for Financial Education). She holds a Ph.D. in Economics from the London School of Economics.
    Anthony Charrie

    Anthony Charrie

    Anthony Charrie is a Partner in Oliver Wyman’s Public Policy practice. He is specialized in advising Governments, Central Banks and supervisors on AML/CFT-related matters. In particular, he has supported multiple jurisdictions in conducting and drafting their National Risk Assessment (NRA) and national AML/CFT strategy in Europe and North America; he works regularly with financial supervisors to help them enhance their capabilities and address gaps in their supervisory processes and practices; and he worked with Financial Intelligence Units (FIUs) and law enforcement agencies across many jurisdictions.
    André Corterier

    André Corterier

    André Corterier is Joint Supervisory Team Coordinator at the Single Supervisory Mechanism at the European Central Bank. Previously, he was employed at the Financial Integrity Unit at the World Bank, delivering technical assistance on AML supervision, policy work with the Financial Action Task Force (assessing countries such as Estonia and Japan 2008, Brazil and Solomon Islands in 2009-10). Earlier positions include employment in the BaFin’s AML group, supervising domestic and international banks’ AML operations in Germany (off-site and on-site inspections). He studied law in Bonn and holds a Master of Laws (LL.M.) in Comparative Legal Studies from Pace University School of Law (White Plains, NY).
    Nikita Divissenko

    Nikita Divissenko

    Nikita Divissenko is a Ph.D. researcher at the Law Department of the European University Institute (EUI). He is also a coordinator of the Finance, Innovation and Regulation Working Group. He holds LL.M degrees in European, International and Comparative Law from the EUI and from Leiden University (cum laude). Nikita is a qualified lawyer admitted to the Estonian Bar (since 2014) and has been a practicing lawyer in Tallinn (Estonia) specialising in banking and financial law prior to joining the institute. His Ph.D. project deals with the legal challenges arising from regulating technological innovation, and his research interests include economic regulation (incl. financial regulation), innovation and regulatory theory, AML and payments law.
    Andrea Federico

    Andrea Federico

    Andrea Federico is a Partner at Oliver Wyman. Andrea is responsible for Oliver Wyman’s work with central banks, regulators and development banks across EMEA and beyond. Andrea is also the managing partner of Oliver Wyman – SPP, an internal unit solely devoted to acting as a global trusted advisor to financial services authorities on issues relating to governance arrangements, effective decision making, financial stability et alia. The unit is truly unique across the industry due to its specific focus and the team’s composition that comprises a number of former senior public officials and tenured strategy consultants. Oliver Wyman – SPP is chaired by Sir Andrew Larger, formerly Deputy Governor of the Bank of England. Andrea’s recent work includes regulatory and financial sector reform, asset quality review and stress testing, resolution frameworks and strategies, governance arrangements and effective decision making for Central Banks boards.
    Dominik Käfer

    Dominik Käfer

    Dominik Käfer is a Partner n Oliver Wyman’s Finance and Risk Practice. He is an experienced Financial Services Professional and ex Director of HSBC Global Risk Management having worked with Global Institutions and Professional Firms in EMEA, Asia Pacific and Americas. Dominik’s areas of expertise comprise Financial Crime Compliance, Operational Risk, Strategy Definition and Operationalization of Compliance Standards incl. AML, KYC, Anti Fraud, Counter Terrorist Financing and Anti-Bribery & Corruption. He has managed the delivery of global compliance strategies, business impact analyses and operating model implementations across multiple business areas, jurisdictions and legal entities of global organizations with significant US exposure. He has recently lead a number of projects designing the approach for strategic Anti-Fraud and Anti-Financial Crime Risk Assessments for leading Global banks.
    Lisa Quest

    Lisa Quest

    Lisa Quest is a Partner in Oliver Wyman’s Public Policy practice. She leads Oliver Wyman’s public sector AML/CFT platform in Europe specialising in advising Governments, Central Banks and supervisors. Over the past five years she has supported multiple jurisdictions in conducting and drafting their National Risk Assessment (NRA) and national AML/CFT strategies; developed public/private partnerships to enhance the effectiveness of AML/CFT oversight and reporting; works regularly with financial supervisors to help them enhance their capabilities and address gaps in their supervisory processes and practices; and works with Financial Intelligence Units (FIUs) and law enforcement agencies across many jurisdictions.
    Sean Kennedy

    Sean Kennedy

    Sean Kennedy is Partner – Head of Finance & Risk and Public Policy, Asia Pacific at Oliver Wyman. Sean has an international career spanning over 20 years in both industry and consulting, which uniquely positions him to appreciate the complexities of organizational politics, conflicting priorities and daily firefighting, but equally helps him work with his clients to balance those demands and deliver highly impactful results.
    Olena Loboiko

    Olena Loboiko

    Olena Loboiko has joined European Commission in 2017 as a policy coordinator in the Banking Unit of DG FISMA, dealing with various aspects and topics of banking prudential regulation and policy (Pillar II, consolidated supervision, large exposures, operational risk, relations with the SSM and the European Banking Authority), including in the process of adoption of the so-called banking package (CRDV/CRR2). In addition to her work related to prudential legislation, Olena is a member of the FISMA AML team and has been involved in the development of all the recent AML-related policy and legislative initiatives of the Commission (2018 Communication and AML part of the ESA review proposal, recently adopted AML reports). Olena started her career in 2012 at De Nederlandsche Bank (Dutch Central Bank, DNB) as a policy advisor, working in various units of the Supervisory Policy Division. She was in charge of coordinating the relations with the European Banking Authority, including preparations and support of the DNB Board member’s participation in the EBA Board of the Supervisors meetings. She represented DNB in various international policy fora and expert groups of the Basel Committee and the European Banking Authority. Was responsible for a number of prudential areas of DNB’s technical assistance in implementation of Basel standards in third countries (in the context of IMF technical assistance framework), organised and conducted seminars and trainings on Basel 3 for third country experts in the Netherlands and in Ukraine. Olena has obtained her M.A. (cum laude) in International relations and Public International law from Ivan Franko National University of Lviv, Ukraine, in 2010, and her L.L.M. (cum laude) in European and International public law from Erasmus University of Rotterdam, the Netherlands, in 2011.
    Matt Long

    Matt Long

    Matt Long is the Head of AML Solutions, EMEA & APAC at Quantexa. Based in Luxembourg, Matthew has more than 20 years’ experience working with international clients in the financial services sector. This includes leading operational and management roles within compliance, anti-financial crime and change management departments, as well as regular engagement with external parties such as Financial Intelligence Units and Regulatory Authorities. Matt has been an appointed Board Member and is a regular AFC conference speaker and author.
    Foivi Mouzakiti

    Foivi Mouzakiti

    Foivi Mouzakiti is Lecturer in Law at Royal Holloway, University of London and a PhD candidate at the School of Law of Queen Mary, University of London. In 2019, she also worked as a part-time research associate at Dickson Poon School of Law, King’s College London, on a research project that investigated the types of financial crime risks faced by the UK FinTech industry. Her research interests lie in the field of European human rights law, primarily privacy and data protection, and their interaction with legal responses to financial crime. Her thesis examines the privacy and data protection challenges raised by the operations of Financial Intelligence Units in the EU. Foivi obtained her LL.B at the University of Athens and also holds an LL.M from University College London (UCL).
    Maria Macedo

    Maria Macedo

    Maria Macedo is the Head of Planning and Coordination of Supervision Division in the European Central Bank. She has been recently responsible for the creation and coordination of the horizontal AML coordination function, which first, acts as a central point of contact for AML/CFT issues related to significant institutions and facilitates information exchange with the AML authorities; second, fosters a consistent SSM-wide approach for better integrating money laundering/terrorism financing risk into prudential supervision and third acts as an in-house centre of expertise on prudential issues related to AML/CFT. Before joining the European Central Bank Maria was Strategy Coordinator at Banco de Portugal and Project Leader at the Boston Consulting Group. Maria holds a PhD in Engineering (Instituto Supervior Técnico, Lisbon, Portugal) and a Master in Business Administration (Nova Business School, Lisbon, Portugal).
    Christy Petit

    Christy Petit

    Christy Petit is a Ph.D. candidate at the Law Department of the European University Institute and will defend her thesis on ‘An integrated system for supervision in the Banking Union’. She is also a research associate at the Florence School of Banking and Finance of the Robert Schuman Centre. She graduated from the Ecole normale supérieure in law, economics, and management in France and holds an LL.M. in European Law from the College of Europe (Bruges).
    Daniel Tannebaum

    Daniel Tannebaum

    Daniel Tannebaum is a Partner and leads the Anti-Financial Crimes Practice for the Americas and serves as the firm’s Global Head of Sanctions. He has advised institutions on AML and Sanctions matters in over 20 countries across the Americas, EMEA and APAC. He’s led the design of target operating models, program governance frameworks, policies and procedures, and communication strategies for over a dozen global financial institutions. Formerly he served at the Federal Reserve Bank of New York and the Office of Foreign Assets Control, U.S. Department of the Treasury. Dan is a highly sought after speaker on financial crimes issues and is often quoted in print publications, and is a regular guest on business television and radio.
    Eleni Tsingou

    Eleni Tsingou

    Eleni Tsingou is Professor with special responsibilities in International Political Economy at Copenhangen Business School. Her primary academic field is financial governance and how transnational policy communities shape regulatory practices. She is currently researching on expert networks in economic governance and on how professional networks address complex global issues, with a focus on demographic change in OECD countries. For the period 2018-2021, she is also involved in a project funded by the Norwegian Research Council on the role of consultants and experts in the definition of implementation of banking regulation standards. She serves on the Editorial Board of the RIPE/Routledge series in Global Political Economy and is a convenor of the network on ‘Regulation and Governance’ of the Society for the Advancement of Socio-Economics.
    Edo de Vries Robbe

    Edo de Vries Robbe

    Edo de Vries Robbe heads up partnerships, alliances and overall strategy at Arachnys. Arachnys is a private company which provide the world’s largest library of risk relevant data, streamlined and automated processes, and near instant deployment. Before joining Arachnys, Edo spent over five years at The Red Flag Group where he was behind the success of the thriving due diligence business, and instrumental in helping the company make the difficult transition from being small to medium-sized. He brings a wealth of experience, deep domain knowledge and wide breadth of industry relationships to Arachnys.
    Hennie Verbeek-Kusters

    Hennie Verbeek-Kusters

    Hennie Verbeek-Kusters is the Head of the FIU – the Netherlands since 2008. She served as the Egmont Group of FIUs’ Chair for the period 2017-2019. She is one of the driving forces behind the set-up of the Egmont Centre of FIU Excellence and Leadership (ECOFEL) and is regional representative for the European FIUs in the Egmont Committee. She was one of the Commissioners of the Financial Sector Commission on Modern Slavery and Human Trafficking (2018-2019). Under her leadership, the focus of FIU-NL has shifted towards increased cooperation with both public and private partners in the fight against money laundering and financing of terrorism. The FIU-NL has grown in capacity and changed its business processes under her mandate. Over the past 10 years she has been actively involved in the AML/CFT field both national and international. In all of these settings, achieving results and elevating the professionalism of the FIUs is her main driver.
  • Prerequisites

    This course is open to:

    • Representatives of supervisory authorities (>5 years of experience) and a professional interest in AML risk supervision
    • Professionals from the financial services industry (>10 years of experience in financial services) currently involved in the AML / anti-financial crime field
    • Academics (Ph.D. or Post-graduate researchers) with a specific interst in AML/CTF

  • Admission to the course

    To ensure diversity among training participants, the course secretariat reserves the right to filter applications.

    In order to ensure a balance representation, quotas have been assigned per professional category. Applications from the private sector are particularly encouraged.

    If you are interested in registering for the course, please write to fbf@eui.eu.


  • Fees

    2050€ – Public Authorities (e.g. National Competent Authorities, Central Banks) and European Institutions

    2450€ – Private Sector

    950€ – Academics (Assistant, Associate or Full Professors) *seats for academics are limited and assigned by the FBF secretariat on a case-by-case basis

    The course fee covers coffee and lunch breaks. Travel and hotel costs are not included.


    CANCELLATION POLICY

    • In case a course is cancelled, registered participants will receive the full refund.
    • In case a course is moved to another date, registered participants may request a voucher to attend another FBF course.
    • Registered participants who cancel their participation will receive a voucher to attend another FBF course.

    For more details, please contact fbf@eui.eu
  • Practical information

    A certificate of attendance will be provided to all participants after the course.

    Recommended hotels

    Suggested restaurants in Florence city centre

    Wi-Fi

    On arrival, participants will be provided with temporary wi-fi access for the whole duration of the course.

    Privacy Notice

    The personal information you have provided will be processed in compliance with the EUI Privacy Statement for conferences. For general queries: fbf@eui.eu

     

    General information on local transport

    From Florence airport:

    Florence airport is located 8 km from the city centre, approximately 30 minutes by taxi or bus. Taxis can be found outside the arrivals terminal; no reservation is needed. A taxi ride from the airport costs about €20 and takes approximately 25/30 minutes.

    The airport is also connected to the main railway station in Florence by a shuttle bus (‘Vola in bus’) that leaves every 30 minutes (on the hour and on the half-hour) and takes 25 minutes. Tickets are available on board for €6.00.

    From the central railway station:

    Take bus n. 17 to via Venezia. Change to bus n. 7 direction ‘Fiesole’; get off at the stop ‘San Domenico 01’.  For bus routes and timetables consult:  http://goo.gl/Ydj8K

    Bus tickets are sold outside the railway station, at ATAF ticket kiosks and vending machines, tobacconists (tabacchi), newspaper kiosks (edicole), and most cafès (bar). Bus tickets can be purchased also on board with a contactless credit card (Mastercard, Maestro, Visa and V PAY).

    Private car

    From the A1 Milano-Napoli (Autostrada del Sole), take the Firenze Sud exit and follow directions to the city centre/Stadio. Follow the directions to the stadium (Stadio), then for Fiesole. San Domenico is on the main road to Fiesole.

    The EUI has several free parking areas available all over the Campus.

  • Course material

    Registered participants can access the course material using the password provided by the FBF secretariat.