Recorded - FEBRUARY 2, 2007

Invite Senior Management to be involved in AML and prevent them from getting into trouble.

Today more than ever, regulators are holding senior management responsible for compliance - and for non-compliance. On top of that, cases such as those of Bank of New York or Riggs show that shareholders are not willing to let the board of directors go unpunished when they lose money over a regulatory action imposed in their financial institutions. In fact, recent guidance from the U.S. Office of Thrift Supervision says that institutions' board of directors should have some anti-money laundering training. Learn here how to include senior management -- the toughest crowd of all -- in your AML program.

Expert Speakers:

Ross Delston
Head of GlobalAML.com, a consulting firm that he founded in November 2006 that specializes in anti-money laundering and combating the financing of terrorism compliance for domestic and foreign institutions. He is also a legal consultant to the International Monetary Fund on anti money laundering and terrorist financing issues. From October 2005 to October2006, he was a consultant and then Managing Director at Kalorama Partners, a strategic consulting firm headed by Harvey Pitt, former Chairman of the U.S. Securities and Exchange Commission. At the IMF, he participated in the anti money laundering and counter terrorist financing assessments of seven offshore financial centers, drafted anti money laundering and terrorist financing laws for a number of countries in the former Soviet Union, Middle East and Asia.

Martin Owen
Vice President, Product Design, Haydrian Corporation, the anti-money laundering systems vendor since August 2005. From 2001 to 2004, he was head of the Financial Crime Policy Unit at the Financial Services Authority (FSA), the UK's single financial regulator, where he played a lead role in the development of the FSA's and UK anti-money laundering policies and advised HM Treasury during the Third Money Laundering Directive negotiations. Before joining Haydrian in August 2005 he was an independent advisor on anti-money laundering matters. Owen was a financial regulator from 1985-2005, holding senior positions at the Securities and Investments Boards (SIB), the UK's then lead securities regulator, the Building Societies Commission and the FSA.