ANTI-MONEY LAUNDERING IN FINANCIAL INSTITUTIONS

The latest in anti-money laundering terrorist financing control compliance
Gary Moulton
Brian Tario

Implementing an effective anti-money laundering program
Demetra T. Valente

Conducting an AML audit handling a government investigation into your financial institution
Gary Moulton
Brian Tario

Managing an AML program that is unique to your business
Wayne Bolton

Facing up to the challenge of anti-money laundering within the banking sector
James Hunter

Role of senior management in combating the financing of terrorism
Michael R.C. Davenport

Gary Moulton is a partner in Deloitte's Forensic and Dispute Services practice in Toronto, specializing in investigative and forensic accounting. He advises corporations, public sector and not for profit organizations on strategies for preventing, detecting, investigating and recovering from allegations of fraud, bribery, money laundering and conflict of interest allegations. He is the Chair of the Canadian Institute of Chartered Accountants' Alliance for Excellence in Investigative and Forensic Accounting, which provides leadership to uphold the professional integrity, standards and pre-eminence of Canadian Chartered Accountants specializing in this area through research, education and certification of CAs that meet prescribed education and experience requirements.

Wayne Bolton is Vice President & Chief Compliance Officer for AIM Trimark Investments with overall responsibility for the firm's compliance program. Prior to joining AIM Trimark, Wayne was the Vice President, Compliance for the Wealth Management division at one of Canada's major banks where he had overall responsibility for the compliance and registration programs for the investment dealer, discount brokerage, mutual fund operations, portfolio management, and the securities related activities within the Canadian bank branches. Wayne has over eighteen years experience in the financial industry; the last eleven years in compliance and risk management. Wayne has an undergraduate degree from the University of Toronto.

Koker Christensen is engaged in a broad corporate/commercial practice with an emphasis on the financial services industry. He regularly advises various types of reporting entities on anti-money laundering compliance issues. Koker received his Juris Doctor from the University of Toronto Faculty of Law.

Michael Davenport is Assistant General Counsel with The Bank of Nova Scotia with responsibility for the Retail Banking, Insurance and Electronic Banking divisions of the Bank. Michael advises all aspects of the Bank from branches to executive offices to gain a broad spectrum of the Bank's reaction to legislative, litigation and compliance issues from the policy development and implementation perspectives. Of particular relevance to this conference, Michael has been involved with the Bank's response to money laundering and terrorist financing.

Michael received a BA from Queen's University and an LLB from Osgoode Hall in 1986.

Scott Driscoll is currently a Director and Chief Anti-Money Laundering Officer for Amex Bank of Canada. Scott is the Compliance relationship leader for the consumer card and consumer financial products lines of business, is the primary relationship leader with many of the Bank's regulators and is the Board-appointed Anti-Money Laundering Officer for all lines of business. Prior to joining Amex Bank of Canada, Scott has had financial sector experience as Manager, Business Compliance and Government Relations with Canadian Tire Bank, as well as over 11 years experience in various roles in the Regulation and Supervision Sectors within the Office of the Superintendent of Financial Institutions Canada (OSFI), which included a 2 year secondment to the Financial Sector Policy Branch at the Department of Finance.

James Hunter is a partner in KPMG's Advisory Services group. He is currently President of KPMG Forensic. Mr. Hunter qualified as a chartered accountant in London, England, and joined the Toronto office of KPMG in 1977. He has led some of the largest accounting investigations in Canada and has also carried out investigative, fraud risk and antimoney laundering assignments for government and corporate clients in the U.S., the United Kingdom, the Netherlands, Germany, India, Hong Kong, Thailand and South Korea. James is a fellow of the Institute of Chartered Accountants in England & Wales, and is a member of the Canadian Institute of Chartered Accountants. He is a trustee in bankruptcy, and is a member of the following institutions: The Alliance for Excellence in Investigative and Forensic Accounting and The Canadian Centre for Ethics & Corporate Policy.

Mr. Pawliw is responsible for Sun Life Financial's world-wide anti-money laundering / anti-terrorism financing programs and compliance risk management. Mr. Pawliw is a professional member of the Association of Certified Anti-Money Laundering Specialists (ACAMS) and an associate member of the Association of Certified Fraud Examiners (ACFE). Mr. Pawliw has a B.A. from the University of Toronto and a M.B.A. from Wilfrid Laurier University.

Brian Tario is a Firm Director in Deloitte's Forensic and Dispute Services practice in Calgary. He is a former member of the Royal Canadian Mounted Police where he was involved in numerous national and international investigations involving money laundering, white collar crime, gambling, drugs, smuggling and the proceeds of crime. Brian was an undercover operator in the RCMP and operated a currency exchange business in downtown Vancouver for a period of two years. At Deloitte, he is responsible for investigations in the areas of due diligence and background inquiries, fraud, theft, secret commissions and the assessment of risk with respect to client businesses in the Prairie Region.

Demetra T. Valente joined State Street in July 2001 and is Vice President and Chief Compliance Officer for State Street Bank and Trust Company - Canada Branch, State Street Global Markets Canada Inc. and for State Street Trust Company Canada. In this position she oversees regulatory compliance and risk management for the Canadian branch, the brokerdealer and the trust company. Ms. Valente is responsible for developing, directing and monitoring overall compliance, surveillance and training programs. Her team provides central oversight, consistent guidance on compliance programs and communicates compliance issues and risks to senior management by establishing a system of strong internal controls. Prior to joining State Street Canada, Ms. Valente had an 18-year career with the Bank of America Canada. She most recently had served as Vice President and Chief Compliance Officer.