(Webcast) Artificial Intelligence and Machine Learning in Financial Services: Opportunities and Challenges in Anti-Money Laundering and Combatting the Financing of Terrorism

This program will focus on the current uses of and opportunities for financial institutions to improve anti-money laundering and combatting the financing of terrorism compliance (AML-CFT Compliance) by using artificial intelligence and machine learning (AI/ML) in a range of areas, including, but not limited to transaction monitoring; the reduction of false positives; sanctions screening; and the identification of suspicious activity. Our expert panel will also focus on the challenges financial institutions face and will continue to face when using AI/ML in AML-CFT Compliance, including, but not limited to, challenges in developing and training the models used. Attendees will learn how AI/ML is currently used by financial institutions of different types and sizes; what key governmental agency guidance exists on the use of AI/ML in AML-CFT; and what financial institutions should be doing now to take advantage of the opportunities and overcome the challenges.

Program Fee:
$149 for Members | $249 for Nonmembers

Members who are Recent Law Graduates, Newly Admitted Lawyers (admitted for the first time in any state or country 2019-2021), In-House/Corporate Counsel, Judges, and attorney members who practice within the Government, Academic or Not-for-Profit sectors attend this program for free.

Laurence Birnbaum-Sarcy
Principal, Forensic Advisory Practice, KPMG

Angelena Bradfield
Senior Vice President, AML/BSA, Sanctions & Privacy
Bank Policy Institute

Rick Hamilton
Senior Vice President, Quantitative Modeling and Analytics
PNC

Kathleen Scott (Invited)
Deputy Superintendent of Banking
New York State Department of Financial Services

Brandon Smith
Director, Americas Head of Economic Sanctions
Credit Suisse

Ram Vedantham
Senior Director, Financial Crimes Compliance Group
Silicon Valley Bank

James Vivenzio (Invited)
Director for Bank Secrecy Act/Anti-Money Laundering Policy
Office of the Comptroller of the Currency

12:30pm – 12:40pm
Introduction

12:40pm – 1:15pm
Current and Potential Use Cases

1:15pm – 1:50pm
Governmental Agency and Industry Guidance 

1:50pm – 2:25pm
Challenges

2:25pm – 2:30pm
Questions and Answers 

New York: 2.0 Professional Practice
New Jersey: 2.1 General
California: 2.0 General
Pennsylvania: 1.5 General
Connecticut: Available to Licensed Attorneys

Sponsoring Association Committees:
Compliance, Patrick T. Campbell, Chair
Council on Intellectual Property, James R. Klaiber, Chair
Inter-American Affairs, Michael A. Fernandez, Chair
White Collar Crime, Marshall L. Miller, Chair

Sponsorship Opportunities are Available! Please Contact:
Angie Avila, Manager, Membership Outreach and Sponsorships | (212) 382-6608 | aavila@nycbar.org