HomeWebcastHow to Effectively Deal with Financial Crimes: What Every Company Needs to Know
Online CLE Financial Crimes CLE

How to Effectively Deal with Financial Crimes: What Every Company Needs to Know

Live Webcast Date: Thursday, October 17, 2019 from 12:00 pm to 2:00 pm (ET)
Business and Corporation CLE & CPEWhite Collar Crime (CLE)Recording

Online CLE Financial Crimes

Join us for this Knowledge Group Online CLE Financial Crimes Webinar. Over the years, financial crimes have continuously caused significant concerns to governments and businesses globally. Recent technological advancements have upped the complexity of mitigating such crimes as criminals often exploit the technology’s weaknesses. Thus, causing new challenges for authorities and businesses. 

With intensifying threats in the backdrop, up-to-date knowledge and in-depth understanding of the latest issues in this ever-evolving landscape can be a company’s lifeline. Risk mitigation, as well as prevention strategies, must be well in place for companies and their management. 

In this Webcast, a panel of distinguished professionals and thought leaders will help companies and their counsel understand the important aspects of this significant topic. They will provide an in-depth discussion of the practical know-how of effectively dealing with financial crimes. Speakers will also offer the best practices in developing and implementing effective risk mitigation strategies.

Some of the major topics that will be covered in this course are:

  • The 2019 Financial Crime Landscape - Statistics
  • Emerging Trends and Developments
  • Regulatory Enforcement Priorities
  • Best Practices and Effective Strategies
  • What Lies Ahead

Agenda

SEGMENT 1:
Kristen Santillo, 
Partner
Gelber & Santillo

  • Typical White Collar Financial Crimes
  • Sources of Investigative Leads
  • Fraud Proceeds Taxable or Non-Taxable?
  • Tax Impact of White Collar Financial Crimes

SEGMENT 2:
Ian ComiskyPartner
Fox Rothschild LLP

  • What exposure does a financial institution have for misconduct of its customer?
  • How to prevent a lawsuit based upon conduct of a customer?
  • How to deal with a lawsuit or investigation for customer misconduct.

SEGMENT 3: 
Tim O'Neal LorahManaging Director
Navigant

  • Changing Regulatory Expectations for Financial Institutions
  • New York State Department of Financial Services - Part 504
  • New Client Due Diligence (“CDD”) Requirements for Financial Institutions
  • USA PATRIOT Act Section 312 compliance

SEGMENT 4: 
Steven BeattieGlobal Financial Crime Operations and Advisory Leader
Ernst & Young

  • FinCrime Regulatory Trends and Focus Areas
  • Common Industry drivers and the need for change
  • The Evolution of Innovation against regulatory expectations
  • Opportunities and challenges in automation and innovation
  • Separating the hype from the proven solutions
  • Strategies for determining valuable, sustainable improvement

Who Should Attend

  • Corporate & Securities Lawyers
  • Chief Financial Officers
  • Financial Fraud Practicing Lawyers
  • Financial Reporting Professionals
  • Financial Crime Attorneys & Consultants
  • Auditors
  • Compliance Officers
  • Legal Counsel
  • Top Level Management
  • Private and Public Companies

Preview Podcast

Please click the podcast below to hear the speakers discuss the key topics for this webcast.

Online CLE Financial Crimes

SEGMENT 1:
Kristen Santillo, 
Partner
Gelber & Santillo

  • Typical White Collar Financial Crimes
  • Sources of Investigative Leads
  • Fraud Proceeds Taxable or Non-Taxable?
  • Tax Impact of White Collar Financial Crimes

SEGMENT 2:
Ian ComiskyPartner
Fox Rothschild LLP

  • What exposure does a financial institution have for misconduct of its customer?
  • How to prevent a lawsuit based upon conduct of a customer?
  • How to deal with a lawsuit or investigation for customer misconduct.

SEGMENT 3: 
Tim O'Neal LorahManaging Director
Navigant

  • Changing Regulatory Expectations for Financial Institutions
  • New York State Department of Financial Services - Part 504
  • New Client Due Diligence (“CDD”) Requirements for Financial Institutions
  • USA PATRIOT Act Section 312 compliance

SEGMENT 4: 
Steven BeattieGlobal Financial Crime Operations and Advisory Leader
Ernst & Young

  • FinCrime Regulatory Trends and Focus Areas
  • Common Industry drivers and the need for change
  • The Evolution of Innovation against regulatory expectations
  • Opportunities and challenges in automation and innovation
  • Separating the hype from the proven solutions
  • Strategies for determining valuable, sustainable improvement

Online CLE Financial Crimes

Online CLE Financial Crimes

Steven BeattieGlobal Financial Crime Operations and Advisory LeaderErnst & Young

EY Global Financial Crime Operations and Advisory Leader

Steve brings extensive and diverse experience in supporting global financial services firms as they deal with risk, control and regulatory challenges. As an original architect of our Anti-Money Laundering and Sanctions Advisory services, he is also the EY Global Financial Crime Operations Leader, focusing on providing innovative, technology-enabled teams and services across the domain of financial crimes operational needs.

Previously he led the development of offshore service strategies. In his work he brings high-quality, low-cost services developed with a deep understanding of regulatory requirements and future expectations. Steve has a bachelor’s degree in Economics, Management Information and Decision Support Systems from the University of Delaware and attended the Kellogg School of Management.

Online CLE Financial Crimes

Ian ComiskyPartnerFox Rothschild LLP

Ian M. Comisky is a litigation partner at Fox Rothschild LLP with more than 35 years of experience representing corporations and individuals in civil and criminal tax litigation, white-collar criminal defense and complex commercial disputes. Ian concentrates his practice in representing individuals and entities with respect to U.S. tax and foreign asset reporting obligations under FBAR and FATCA as well as other information reporting requirements. He also counsels individuals and corporations in civil audits and criminal investigations . Ian is a co-author of the two-volume treatise Tax Fraud and Evasion. He was elected in 1995 to the American College of Tax Counsel and is an adjunct professor at the University of Pennsylvania Law School teaching a course that covers FBAR reporting and related issues. Fox Rothschild is a full-service law firm with 21 offices coast to coast. Key practice areas include Bankruptcy, Corporate, Gaming, Employment, Entertainment, Intellectual Property, Litigation, Privacy & Data Security, Real Estate and Tax.

Online CLE Financial Crimes

Tim O'Neal LorahManaging DirectorNavigant

Tim O'Neal Lorah is a Managing Director in the Global Investigations & Compliance Practice in New York, specializing in anti-money laundering, economic sanctions, anti-boycott and corruption and financial crime compliance. He has over 20 years of experience in the financial crime compliance arena, having served as a Managing Director and Global Head of Financial Crime Compliance at both Morgan Stanley and Barclays (as CF11). In his in-house roles, Mr. Lorah led the strategic direction, oversight and coordination of the global financial crime program across all product and business lines, including business and corporate banking, institutional securities/investment banking, private wealth management and retail brokerage.  He also served as the senior point-of-contact with U.S. and non-U.S. regulatory agencies, law enforcement and external bodies worldwide on matters relating to anti-money laundering, economic sanctions, anti-bribery and financial crime compliance.   Before going in-house, Mr. Lorah was a Senior Associate at Schulte Roth & Zabel LLP where he advised financial institutions on various matters relating to Bank Secrecy Act/USA PATRIOT Act and sanctions compliance, including the development and implementation of money laundering prevention policies, procedures and internal controls, and suspicious activity reporting.  Mr. Lorah was also a member of the U.S. Delegation to the FATF/MONEYVAL Experts’ Meeting on Money Laundering and Terrorist Financing Typologies in Monaco, delivering a presentation on Money Laundering and Terrorist Financing Risks in the U.S. Securities Industry.  He also served as a member of the U.S. Delegation to the U.S. – Dutch Pilot Project Joint Working Group on Terrorist Financing, Financial Crimes and the Implementation of Blocking Orders. He is a former securities industry representative to the U.S. Treasury Department’s Bank Secrecy Act Advisory Group (“BSAAG”), and for several terms co-chaired the BSAAG Subcommittee on Suspicious Activity Reporting. Mr. Lorah has been an adjunct professor of law at New York Law School and is a former co-chair of SIFMA’s AML and Financial Crimes Committee and currently serves as a Director on the Boards of both the New York City Times Square Alliance and Housing Works, Inc.

Online CLE Financial Crimes

Kristen SantilloPartnerGelber & Santillo

Kristen Santillo is an experienced criminal and civil litigator. She has represented targets and witnesses in enforcement actions brought by the S.E.C., U.S. Attorney’s Office, New York State Attorney General and the F.D.I.C. relating to insider trading, disclosure violations and accounting and bank fraud. She has defended individuals charged with serious federal and state crimes, including wire fraud, bank bribery, tax evasion, campaign finance violations, mortgage fraud, health care fraud and illegal gambling. Ms. Santillo is committed to indigent criminal defense, and serves as a member of the Criminal Justice Act panels in the Southern District of New York and the District of New Jersey. In her civil practice, Ms. Santillo has represented corporations and individuals in complex tort and contract litigation matters.

Prior to starting Gelber + Santillo PLLC, Ms. Santillo worked at boutique white collar criminal defense firms in New York and New Jersey. She began her career as a complex civil litigation and enforcement associate at Cleary Gottlieb Steen & Hamilton LLP, where she met Mr. Gelber.

Ms. Santillo served as a law clerk for the Honorable Timothy M. Burgess in the United States District Court for the District of Alaska, and Chief Justice Dana Fabe of the Alaska Supreme Court. She is a graduate of Columbia Law School, where she was a Harlan Fiske Stone Scholar, and Boston College, where she graduated summa cum laude. She practices in New York and New Jersey state and federal trial and appellate courts.


Click Here to Read Additional Material

Online CLE Financial Crimes

Course Level:
   Intermediate

Advance Preparation:
   Print and review course materials

Method Of Presentation:
   On-demand Webcast; Group-Internet Based

Prerequisite:
   General knowledge of financial crimes

Course Code:
   148226

NY Category of CLE Credit:
   Areas of Professional Practice

Total Credits:
    2 CLE 2 NASBA-CPE

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About the Knowledge Group

The Knowledge Group

The Knowledge Group has been a leading global provider of Continuing Education (CLE, CPE) for over 13 Years. We produce over 450 LIVE webcasts annually and have a catalog of over 4,000 on-demand courses.

About the Knowledge Group

The Knowledge Group

The Knowledge Group has been a leading global provider of Continuing Education (CLE, CPE) for over 13 Years. We produce over 450 LIVE webcasts annually and have a catalog of over 4,000 on-demand courses.

EY is a leader in serving the financial services industry.

We understand the importance of asking great questions. It’s how you innovate, transform and achieve a better working world. One that benefits our clients, our people and our communities. Finance fuels our lives. No other sector can touch so many people or shape so many futures. That’s why globally we employ 26,000 people who focus on financial services and nothing else. Our connected financial services teams are dedicated to providing assurance, tax, transaction and advisory services to the banking and capital markets, insurance, and wealth and asset management sectors. It’s our global connectivity and local knowledge that ensures we deliver the insights and quality services to help build trust and confidence in the capital markets and in economies the world over. By connecting people with the right mix of knowledge and insight, we are able to ask great questions. The better the question. The better the answer. The better the world works.

Website: https://www.ey.com/

Fox Rothschild LLP is a national law firm known for excellent client service and agility in problem solving. Our lawyers provide a full range of services to public and private companies, from startups to multinational corporations, and prominent individuals, including celebrities, athletes, artists and entrepreneurs. Founded more than a century ago, Fox has grown significantly in recent years and is now ranked in the AmLaw 100, with 750 attorneys in 22 offices coast to coast.

Website: http://www.foxrothschild.com/

Navigant Consulting, Inc. (NYSE: NCI) is a specialized, global professional services firm that helps clients take control of their future. Navigant’s professionals apply deep industry knowledge, substantive technical expertise, and an enterprising approach to help clients build, manage, and/or protect their business interests. With a focus on markets and clients facing transformational change and significant regulatory or legal pressures, the firm primarily serves clients in the healthcare, energy, and financial services industries. Across a range of advisory, consulting, outsourcing, and technology/analytics services, Navigant’s practitioners bring sharp insight that pinpoints opportunities and delivers powerful results. More information about Navigant can be found at navigant.com.

Website: https://www.navigant.com/

Gelber + Santillo is a boutique law firm specializing in commercial litigation and white collar criminal defense on behalf of individuals and corporations.  The attorneys at Gelber + Santillo have defended clients facing serious federal charges including insider trading, tax evasion, bribery, health care fraud, mortgage fraud, and wire fraud.  We have also successively avoided prosecution of clients facing potential charges through vigorous pre-indictment advocacy.  The firm's lawyers regularly achieve favorable sentencing outcomes for clients, and recognize that sentencing advocacy must begin at the inception of every case.  Gelber + Santillo also represents clients on appeal and in post-conviction matters.

Website: https://www.gelbersantillo.com/

EY Global Financial Crime Operations and Advisory Leader

Steve brings extensive and diverse experience in supporting global financial services firms as they deal with risk, control and regulatory challenges. As an original architect of our Anti-Money Laundering and Sanctions Advisory services, he is also the EY Global Financial Crime Operations Leader, focusing on providing innovative, technology-enabled teams and services across the domain of financial crimes operational needs.

Previously he led the development of offshore service strategies. In his work he brings high-quality, low-cost services developed with a deep understanding of regulatory requirements and future expectations. Steve has a bachelor’s degree in Economics, Management Information and Decision Support Systems from the University of Delaware and attended the Kellogg School of Management.

Ian M. Comisky is a litigation partner at Fox Rothschild LLP with more than 35 years of experience representing corporations and individuals in civil and criminal tax litigation, white-collar criminal defense and complex commercial disputes. Ian concentrates his practice in representing individuals and entities with respect to U.S. tax and foreign asset reporting obligations under FBAR and FATCA as well as other information reporting requirements. He also counsels individuals and corporations in civil audits and criminal investigations . Ian is a co-author of the two-volume treatise Tax Fraud and Evasion. He was elected in 1995 to the American College of Tax Counsel and is an adjunct professor at the University of Pennsylvania Law School teaching a course that covers FBAR reporting and related issues. Fox Rothschild is a full-service law firm with 21 offices coast to coast. Key practice areas include Bankruptcy, Corporate, Gaming, Employment, Entertainment, Intellectual Property, Litigation, Privacy & Data Security, Real Estate and Tax.

Tim O'Neal Lorah is a Managing Director in the Global Investigations & Compliance Practice in New York, specializing in anti-money laundering, economic sanctions, anti-boycott and corruption and financial crime compliance. He has over 20 years of experience in the financial crime compliance arena, having served as a Managing Director and Global Head of Financial Crime Compliance at both Morgan Stanley and Barclays (as CF11). In his in-house roles, Mr. Lorah led the strategic direction, oversight and coordination of the global financial crime program across all product and business lines, including business and corporate banking, institutional securities/investment banking, private wealth management and retail brokerage.  He also served as the senior point-of-contact with U.S. and non-U.S. regulatory agencies, law enforcement and external bodies worldwide on matters relating to anti-money laundering, economic sanctions, anti-bribery and financial crime compliance.   Before going in-house, Mr. Lorah was a Senior Associate at Schulte Roth & Zabel LLP where he advised financial institutions on various matters relating to Bank Secrecy Act/USA PATRIOT Act and sanctions compliance, including the development and implementation of money laundering prevention policies, procedures and internal controls, and suspicious activity reporting.  Mr. Lorah was also a member of the U.S. Delegation to the FATF/MONEYVAL Experts’ Meeting on Money Laundering and Terrorist Financing Typologies in Monaco, delivering a presentation on Money Laundering and Terrorist Financing Risks in the U.S. Securities Industry.  He also served as a member of the U.S. Delegation to the U.S. – Dutch Pilot Project Joint Working Group on Terrorist Financing, Financial Crimes and the Implementation of Blocking Orders. He is a former securities industry representative to the U.S. Treasury Department’s Bank Secrecy Act Advisory Group (“BSAAG”), and for several terms co-chaired the BSAAG Subcommittee on Suspicious Activity Reporting. Mr. Lorah has been an adjunct professor of law at New York Law School and is a former co-chair of SIFMA’s AML and Financial Crimes Committee and currently serves as a Director on the Boards of both the New York City Times Square Alliance and Housing Works, Inc.

Kristen Santillo is an experienced criminal and civil litigator. She has represented targets and witnesses in enforcement actions brought by the S.E.C., U.S. Attorney’s Office, New York State Attorney General and the F.D.I.C. relating to insider trading, disclosure violations and accounting and bank fraud. She has defended individuals charged with serious federal and state crimes, including wire fraud, bank bribery, tax evasion, campaign finance violations, mortgage fraud, health care fraud and illegal gambling. Ms. Santillo is committed to indigent criminal defense, and serves as a member of the Criminal Justice Act panels in the Southern District of New York and the District of New Jersey. In her civil practice, Ms. Santillo has represented corporations and individuals in complex tort and contract litigation matters.

Prior to starting Gelber + Santillo PLLC, Ms. Santillo worked at boutique white collar criminal defense firms in New York and New Jersey. She began her career as a complex civil litigation and enforcement associate at Cleary Gottlieb Steen & Hamilton LLP, where she met Mr. Gelber.

Ms. Santillo served as a law clerk for the Honorable Timothy M. Burgess in the United States District Court for the District of Alaska, and Chief Justice Dana Fabe of the Alaska Supreme Court. She is a graduate of Columbia Law School, where she was a Harlan Fiske Stone Scholar, and Boston College, where she graduated summa cum laude. She practices in New York and New Jersey state and federal trial and appellate courts.

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