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Annual Trade Finance Compliance Conference October 20 2022: New York - Overview of the Top News Stories, Trends and Developments in the Industry -
[September 23, 2022]

Annual Trade Finance Compliance Conference October 20 2022: New York - Overview of the Top News Stories, Trends and Developments in the Industry -

The "2022 Annual Trade Finance Compliance Conference" conference has been added to's offering.

The 2022 Annual Trade Finance Compliance Conference - New York will be held on October 20th at S&P Global's NY office at 55 Water St. plus virtually via zoom. Please note this event will be held under Chatham House Rules.

Additional Resources

  • The Complete Guide to Trade Based Financial Crime Compliance (softbound + ebook)
  • Certificate in Trade Finance Compliance (CTFC)


8:30-9:00 Registration & Check-In

9:00-9:15 Welcome and Introductory Remarks:

9:15-9:40 The Professor James E. Byrne Memorial Keynote Address: Alan KETLEY Executive Secretariat of The Wolfsberg Group

9:40-10:30 Latest News and identified Trends in Trade and TBFC

Overview of the top news stories, trends and developments.

  • Cryptocurrency: Time to sit at the Big Table
  • Fraud and knowing your customer
  • Wolfsberg-guidance on best practices for correspondent banking RFIs
  • Vessel Monitoring: The Latest + Bangladesh Requirements
  • Increased regulatory focus on AML and FIs
  • How effective are AML regulations?
  • ESG Reporting Requirements
  • Green washing from illegal activities
  • Managing Shipping & Vessel Risks

10:30-11:00 Coffee & Networking Break

11:00-11:45 KYC & Beneficial Ownership: Safe Parties = Safe Transactions

Your sanctions compliance programstarts and ends with knowing what is under your customer's fingernails. New transparency rules prevent hiding beneficial ownership in "data vaults" like Delaware, ensuring you do not run afoul of government SDN lists.

Topics include:

  • Beneficial Ownership and Legal Entity Identifier (GLEIF) use
  • Regulated BO databases-Singapore?
  • Delaware: the blackhole of BO no longer
  • Transactions, pricing and HS Codes
  • Onboarding New Customers: Can we make it easier?
  • Understanding what you should know about your customers and their related companies
  • What do the Wolfsberg principles say about KYC?
  • KYCC-limitations of cross border privacy laws
  • SWIFT KYC Registry: Uptake
  • Supply Chain Finance platform/service providers-onboarding limitations

11:45-12:10 The role of ESG and Compliance

  • Why do Banks care about Environmental and Social Issues
  • Green Finance-opportunities and risks-Greenwashing
  • International ESG Standards and Guidelines
  • Declarations, reporting and regulations
  • Resources, overlap and responsibilities

12:10-12:30 Crypto: The New Frontier

12:30-1:30 Lunch Break

2:15-3:00 Trade Sanctions

  • The Russian/Ukranian Conflict
  • Lack of resources
  • Chinese Miliary Industrial Complex
  • Cambodia and Myanmar
  • Ethiopia and the 50% Rule
  • Supply Chain Due Diligence
  • Chinese Anti-sanction Law

3:00-3:30 Coffee & Networking Break

3:30-4:15 Trade Fraud & Money Laundering

  • AML Act of 2020-No More "Black Hole of Delaware"
  • Data sharing and analytics between countries
  • Multiple Invoice Financing for Goods
  • Complicated STR/SAR filings drive TBML: time for Standards?
  • U.K. "Dear CEO" letter on AML Frameworks and risk assessments
  • Dual Use Goods and Pricing: to report or not to report?

4:15-5:00 Using Technology in your Compliance Programs

There is no escaping the important role that technology can play in supporting Compliance but there is a vast array of products out there.

  • Using AI and BlockChain, ship registry data, and GPS (how to get traction across the universe of customs/ports/shipping)
  • Fintech/Regtech solutions and Cost-Benefit Analysis
  • Big bank v. small bank resourcing
  • Virtual Training for bank's AML and trade staff
  • Use of technology and waiver of liability: Who takes responsibility? No one . . .
  • Push towards automated document checking (automated AML checking?)
  • Digitalisation of Trade/URDTT

5:00-5:15 Wrap Up, Closing Remarks and Lucky Draw

In closing, we will look at the key takeaways along with a quick Q&A with the Conference Committee.

  • Key takeaways from the Conference
  • Certificate in Trade Finance Compliance (CTFC)
  • The Association of Trade Finance Compliance Professionals
  • Q&A-Conference Committee

For more information about this conference visit

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