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Registrations for this session are now closed.

AML/CFT Masterclass: STR Management

Friday, February 22, 2019
9.30 am to 4.00 pm


South Lobby, Ground Floor, Centre One, World Trade Center, Cuffe Parade, Mumbai

Suspicious Transaction Reports (STRs) are the foundational inputs provided by banks and financial institutions to the Financial Intelligence Unit (FIU) and remain the cornerstone of an effective AML/CFT programme. However, the FIU and law enforcement agencies have to allocate limited resources to sort through thousands of STRs every year, necessitating the need for clarity and accuracy in presenting data fields as well as in writing compelling grounds of suspicion.

Fintelekt’s AML/CFT Masterclass on STR Management aims to provide guidance to AML analysts on the prerequisites of effective STRs, how to build the grounds of suspicion, and the commonly made mistakes that reduce the efficacy of an STR.

 

Agenda

9.00 am  - 9.30 am
Registration 

9.30 am – 11.00 am
Principal Officers’ Panel Discussion on Reporting Quality Imperatives

  • The organisational infrastructure around STRs 
  • Responsibilities of AML analysts
  • Practical tips on when to report, and when not to report
  • Key learnings from banks operating in multiple jurisdictions
  • AML analysis tools and best practices

Moderator:
Shirish Pathak, Managing Director, Fintelekt Advisory Services

Speakers:
C.L. Baradhwaj, Executive Vice President (Legal & Compliance) & Company Secretary, Future Generali India Life Insurance
Jairam Manglani, Country Financial Crimes Compliance Head & MLRO, Standard Chartered Bank India
John Mathews, Executive Vice President & Head - Client Services, HDFC Mutual Fund
Praveen Dayal, Senior Vice-President, HSBC Bank
Ravi Lahoti, Principal Officer & Head AML, HDFC Bank


11.00 am - 11.30 am
Tea/Coffee Break


11.30 am - 1.00 pm
Presentation by Financial Intelligence Unit – India (FIU-IND)

  • Expectations of FIU-IND from banks and financial institutions on effective STR identification and management
  • Key elements of an actionable STR
  • Observations on the common errors made during STR filing
  • Improvement suggestions for AML analysts
  • Consequences of not adhering to regulatory guidelines in the right spirit

Speakers:
Manoj Kaushik,
Additional Director, FIU-IND
Manish Hairat, Additional Director, FIU-IND
Shailesh Thakur, Additional Director, FIU-IND


1.00 pm - 2.00 pm
Lunch

2.00 pm - 3.30 pm
Q & A Session with Financial Intelligence Unit – India (FIU-IND)

Participants to ask their questions and seek clarifications on any issues related to filing of reports.


3.30 pm – 3.45 pm
Vote of Thanks
Arpita Bedekar, Director Marketing, Fintelekt Advisory Services


3.45 pm - 4.00 pm
Tea/Coffee

Who Should Attend?

AML analysts and AML compliance team members from banks and financial institutions in India


Participation Fees

Price per delegate:

1 to 5 delegates: INR 2,900
6 to 10 delegates: INR 2,700
11 or more delegates: INR 2,500

GST at 18% will be applicable on the above price.