As compliance budgets continue to shrink in light of the ongoing financial crisis, it is more important than ever to carefully select the best training available to help you effectively protect your institution from abuse by money launderers and damaging regulatory enforcement actions. Regulators are not easing their demands, and there is every indication that money launderers are working harder than ever to pump dirty money into banks whose AML countermeasures are insufficient.

In light of these perpetual risks, wise banks will send their AML personnel to FIBA's 10th Annual FIBA AML Compliance Conference in order to learn from industry experts, network with their peers and hear the latest trends and cases in money laundering.

• FIBA's annual AML Conference offers a tremendous opportunity to network with compliance professionals from banks from the U.S., Latin America, the Caribbean and Europe. Fostering these contacts allows attendees to share ideas and best practices and keep their fingers on the all-important pulse of the global AML reality.

• By choosing FIBA's AML Conference, attendees also demonstrate to regulators that their institutions are serious about compliance. The comprehensive academic agenda of bankers, regulators and law enforcement provide attendees an invaluable opportunity to ask questions and gather notes to share with colleagues who are unable to attend.

• Your job is to shield your institution from money launderers and regulatory actions. FIBA's AML Compliance Conference will help you achieve this goal.

“The main regulatory bodies-the Securities and Exchange Commission (SEC) and the Financial Industry Regulatory Authority (FINRA) -are entering a new era of AML enforcement. It can be said with certainty that the "grace period" for broker-dealers regarding AML compliance has expired." 

Sven Stumbauer
Director
KPMG LLP