IN THIS ISSUE
ACAMS
ACAMS Today is designed to provide accurate and authoritative information
concerning international money laundering controls and related subjects. In
publishing this work, neither the authors nor the association are engaged in
rendering legal or other professional services. The services of a competent
professional should be sought if such assistance is required.
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ON THE COVER
Who made more in 2008?
–Survey says… p. 24
www.ACAMS.org
CAMS graduates
7
Member spotlight
8
A message from the Executive Director
9
Anne-Chris Visser, CAMS:
Maintaining an open dialogue
10
Social money laundering
12
Money laundering and intellectual property crime:
Different offenses with similar effects
14
What you need to know about human trafficking in
East Asia and the Pacific
16
Mortgage fraud: Need or greed?
20
Who made more in 2008?
-Survey says…
24
Information sharing: Light from the black hole
26
Organized crime in a borderless Europe
–The case of Romania
28
SARs: A template for success
32
Maximizing your BSA/AML
application implementation
34
The Rs of combating money laundering
36
AML training: One size does not fit all
40
An attendee’s perspective
42
43
In your words
44
46
Web seminars
Chairman: John J. Byrne, CAMS, Regulatory Relations Executive, Bank
of America, USA
Vice Chairman: Richard A. Small, Enterprise Wide AML and Sanctions
Risk Management, American Express, USA
Samar Baasiri, CAMS, Head of AML Unit, BankMed, Lebanon
L. Kim Estrada, CAMS, Chief Compliance Officer I-TradeFX, LLC, USA
Wissam Fattouh, Deputy Secretary General, Union of Arab Banks, Lebanon
Rainer G. Hoerning, CAMS, Senior Compliance Officer and
Vice President of Credit Suisse, UK
Barry M. Koch, CAMS, Senior Vice President, Washington Mutual, USA
James Richards, CAMS, EVP and Corporate BSA Officer,
Wells Fargo and Company, USA
Saskia Rietbroek, CAMS, President,
AML Services International, LLC, USA
Nancy Saur, CAMS, FICA, Regional Head of Compliance & Risk
Management, ATC Group N.V., Cayman Islands
Daniel Soto, CAMS, Managing Director-AML/BSA, Wachovia, USA
6
Events calendar
ACAMS Advisory Board
From the editor
Know your chapter
Executive Director: Gregory J. Calpakis, CAMS
Editorial/Communications Manager: Karla Monterrosa-Yancey, CAMS
Director of Operations for Latin America: Gonzalo Vila, CAMS
General Manager: Katleen Richardso