Money Transfer and Foreign Exchange Regulation Seminar in IMTC WEST 2012
All Compliance Managers, Compliance Officers and Business Development Executives of companies that are part of the Financial Services Industry, need to have a basic knowledge of Money Transfer Regulations, not only from the countries where they are based but also from the countries that they do business with. The lack of knowledge not only can imply a risk but also a failure to seek the opportunities that might be present elsewhere. There will be English and Spanish translation.
A detailed AGENDA of the MTXS Seminar is here .
Morning Sessions: Any MT company in the world MUST understand US Money Transfer Law. That will be the first part of the Seminar. Most companies do not realize the extent to which they – and their assets – are within Uncle Sam’s grasp. New regulations and recent developments in case law have dramatically expanded US jurisdiction and, with that, the number of financial institutions worldwide that are subject to the requirements – and penalties – of US law.
At the same time, the ever-tightening US regulatory environment has made it more and more difficult for Money Transfer and Foreign Exchange Institutions - and small Banks too - to maintain some of their long-standing relationships with US banks, due to the perceived risks of the Money Transfer and Foreign Exchange business. Beyond AML, financial services firms also face increased responsibilities regarding state licensing, consumer privacy and transparency concerns, and many other areas of US law. Learn the highlights of US State Laws, Federal Laws and the new trends in regulation that might affect your business.
- European Regulation has had dramatic changes in the last few years. Payment Service Providers are covered by the EU Payments Regulation and the Transfer of Funds Regulations. The Single Euro Payments Area (SEPA) initiative is making all electronic payments in the region "domestic" - no difference between national and intra-European cross border payments. That has opened many concerns but has also opened a vast array of opportunities. Our Europe regulation session will explore the coming challenges in the continent.
- Canada is one of the countries that has seen significant changes in regulatory practices in relation to financial transactions reporting, MSB registration and where there is an ongoing public/private work on the future changes of the regulations in place. This and more will be covered by this session.
- Mexico has been moving between the need to set more flexible rules to financial institutions to promote financial inclusion, specially its large remittance receiving population while at the same time implementing more and more controls to comabt money laundering and the war on drugs. This and more will be covered by our mexican regulation session.
- IMTC Brasil show us how the country has evolved and what lays ahead. Get a brief summary of the regulations in place, the challenges ahead, the view of how the world cup in 2014 and the olympics in 2016 will bring large opportunities for Foreign Exchange and Money Transfer firms.
Not only we have great speakers and great content... networking will be as valuable! A detailed AGENDA of the MTXS Seminar is here
|Andrew S. Ittleman is a Founder and Partner of Fuerst Ittleman, where he oversees White Collar Defense and Money Laundering Law. Since 2005 he has practiced alongside Mr. Fuerst in a variety of criminal and investigatory proceedings, Federal criminal forfeiture proceedings, complex international civil litigation, etc. Andrew is a member of the Florida Bar, the Dade County Bar Assoc, the Nat'l Assoc of Criminal Defense Lawyers, the Nat'l Money Transmitters Assoc, a Certified Anti Money Laundering Specialist and part of the IMTC Advisory Board. See more...|
|David Landsman has worked in different capacities in the money transfer business since 1977, with reknown companies such as Piano and Vigo Remittance, and very soon he specialized in the developing Regulatory and Compliance fields. He has become a leading expert in US Federal BSA/AML - Bank Secrecy Act & Anti-Money Laundering, State's Money Transmitter Regulations, as well as the International Compliance Rules and Regulations. He became the Executive Director of the NMTA in 2004. See more...|
|George Brown is a partner in the New York legal firm of Merle, Brown & Nakamura, P.C. which handles corporate and commercial litigation, real estate, trusts and estates, banking, regulatory, money transmitter regulation and asset forfeiture law. The firm represents several financial service companies that are based in, and/or provide services to Europe, The Middle East, Latin America and the Caribbean including a number of licensed money transmitters, varying in size from small start-up companies to large and well established companies. See more...|
|Deborah Thoren-Peden is a member of the Managing Board of the renowned legal firm Pillsbury Winthrop Shaw Pittman LLP. Her practice focuses on banking, electronic commerce, privacy, anti-money laundering and the Office of Foreign Assets Control regulations. She represents and advises bank and non-bank financial institutions (both domestic and international), money transmitters, high-technology, Internet, telecommunications, insurance and a variety of other types of companies. See more...|
|Miguel Linares is the founding partner of Linares Abogados, from where he currently advises as a lawyer and independent consultant, a number of financial institutions on regulatory issues in general, and particularly in matters regarding new product distribution channels, relationship with regulators, consumer credit, development of financial entities and payment services as well as disciplinary proceedings. Miguel also has extensive experience in international and foreign trade matters. See more...|
|Jacqueline Shinfield is a Partner in the Financial Services Group of the Canadian law firm, at Blake, Cassel and Graydon LLP. Jacqueline's practice focuses on all aspects of regulatory compliance in the retail financial services industry at both the federal and provincial level with a special emphasis on payment card compliance and anti-money laundering legislation. She provides advice to numerous Canadian and foreign providers of financial services and she also assists money services businesses in their registration process with FinTrac. See more...|
|Rodney Alves specializes in Business and Corporate laws, contracts, mergers & acquisitions, foreign investments, international transactions in Brazil and abroad. Rodney has an extensive experience in legal due diligence, corporate transactions, joint venture negotiations, business structuring, strategic partnerships, assets acquisitions, investments, venture capital, corporate formation and restructuring. For over 16 years, Rodney has assisted international transactions and clients, including multinationals reorganizations and acquisitions in Brazil and abroad. See more...|
|Ramón García Gibson is the CEO of García Gibson Consultants an Compliance Consultancy firm in Mexico City and the publisher of "Dinero Legal", a daily newsletter of compliance news published in Spanish. He also publishes a weekly column in El Financiero en Línea. Ramón is a renowned Latin American expert in the world of AML / CFT which led him to start his consulting firm in 2009. Previously he served as executive director of compliance for HSBC, where he was responsible for the bank’s compliance operations in several jurisdictions. See more...|
We expect participants from the US, Canada, Europe, Latin America and the Caribbean, Asia and other countries. Although the seminar is designed for participants in the industry with some legal and Compliance background, it will be very important for individuals with business development responsibilities in their organizations. If you currently advice organizations in the Money Transfer Industry with global perspective - Banks, Non-Banks, MSBs, Investment Firms, Auditing Firms, etc. this seminar is a must.
Prices & details:
The Pre-Conference Seminar can be taken individually or can be taken as part of our Seminar + Conference Package. Check the Conference AGENDA here - The detailed agenda of the seminar will be available soon!
REGISTER EARLY to take advantage of our Discounted Prices! Need Help? Contact us!
Registration Cost (Seminar only): Regular $ 595.00
If Registered By Monday, April 9th, 2012 $ 495.00
If Registered By Monday, May 7th, 2012 $ 545.00
Registration Cost (with the Conference): Regular Conference $ 995.00 + Seminar $ 395.00 for a total of $ 1,390.00
If Registered By Monday, April 9th, 2012 $ 1,190.00
If Registered By Monday, May 7th, 2012 $ 1,290.00
Second & Third Participants from the same Company or Institution get a 15% discount: Members of certain associations, Government, Academic and NGO employees might qualify for a Discount. Ask for your discount code. Contact us!: Check Fees here!.