IMTC Conferences

Part A - Sessão 1 - David Landsman 
Transnacional Compliance em a Transferência de Dinheiro e Câmbio: Verdades Fundamentais
An Industry at the Edge and in the Crosshairs
New Investors, New Technologies
Government Trends
The Competitive Landscape
Technical vs. Substantive Compliance
What Does “KYC” Mean in the Money Transfer Business?
What Does the “Risk-Based Approach” Demand?
Independent Reviews and Risk Assessments
Financial Institutions Doing EDD on Each Other Across National Boundaries
FATF and the International Environment
Correspondent Country Risk
Common Mistakes Companies Make - Solutions and Suggestions

Part A - Sessão 2  -  David Landsman 
Tendências do Compliance para as Transferências de Dinheiro e o Câmbio na EUA
US Federal and State Governments Regulating Outside Their Borders
The US Legal and Regulatory Environment: How To Comply / What to Watch Out For
Money Transmitters and Banking in the United States
Electronic Filing Coming By 2013
Cross-Border Reporting Coming at $1,000
US Compliance Resources
Dodd-Frank Consumer Protection Rules
Other Compliance Concerns

Part B - Sessão 1
Tendências do Compliance para as Transferências de Dinheiro e o Câmbio no Brasil
Leandro Gomes - ABRACAM - Regulamentações do Mercado de Câmbio; Tipos de Operações de Câmbio,tendências do mercado, as necessidades de compliance em Brasil.
Fernando Cevallos & Fabio Lucas - Price Waterhouse Brasil - Auditoria dos Instituições Financeiras e as Instituições Financeiras Não-Bancárias: Questões Atuais e Riscos em Brasil.

Part B - Sessão 2
Desafios da Compliance no Combate contra o Mercado Paralelo no Brasil
Rodney Alves - Almeida Advogados
Discussão Aberta

In theory, compliance principles are universal. Although some countries may set ID and reporting thresholds higher or lower than others, there exist basic requirements we all share in common: the expectation that we risk-assess our operations, that we know our customers, train our people, have periodic independent reviews, and build systems that are adequate to detect money laundering. The trouble is that, although money transfer by non-banks has been around forever, as a regulated industry, we are still quite young. General standards have been set, but ‘best practices’ are still evolving, and sometimes those standards can seem hopelessly subjective, changeable and vague. To apply these ‘universal’ principles to different business models, that use different technologies, serving different markets, in different cultures, will always be a difficult. To further complicate matters, compliance decisions always have competitive and budgetary consequences. Since our governments consider money transfer & foreign exchange high-risk for money laundering, meeting their definition of an adequate, credible compliance program is guaranteed to be a challenge. Being held to such high expectations, how can we best demonstrate a heightened awareness, a thoughtful approach, and good judgment? . + More information about Mr. David Landsman