Download - Larc2014 - Compliance Portfolio
SWIFT Latin American Regional Conference (LARC) - 2014
Fedra Ware, Senior Business Manager, SWIFT Americas
Francisco Gabriel Romo Navarrete, Director Ejecutivo Contraloría Normativa,
Banco Santander (México), S.A de C.V.
James Wills, Senior Business Manager, SWIFT Americas
Jorge Osvaldo López García, Subdirector Monitoreo TI, Banorte
Administre su riesgo con los productos
de Cumplimiento de SWIFT
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Programa de Cumplimiento AML
- Un sistema de controles internos para garantizar el
cumplimiento continúo.
- Pruebas independientes del cumplimiento AML.
- Designación de una o varias personas responsables de la
gestión del Cumplimiento.
- Capacitación del personal correspondiente.
SWIFT Latin American Regional Conference (LARC) - 2014 28-28 May 2014
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Una Breve Reseña Histórica
-1970: Se aprueba en EE.UU. la BSA – Ley de Secreto Bancario
-1981: El Comité de Basilea publica “Secreto Bancario y Cooperación
Internacional en Supervisión Bancaria”
-1988: la ONU publica el informe sobre el Convenio contra el Tráfico Ilícito de
Drogas Narcóticas y Substancias Psicotrópicas
-1989: El G-7 forma el FATF-GAFI
-1990: El FAFT-GAFI publica las 40 Recomendaciones
-1990: Se crea el FinCEN
-1995: Se crea el Grupo Egmont (108 UIFs)
-2000: Se crea el Grupo Wolfsberg (11 instituciones financieras europeas)
-2000: Se crea GAFISUD (Grupo de Acción Financiera de Sudamérica)
-2001: Se promulga la USA PATRIOT Act
-2006: Se publica el Manual FFIEC
-2006: Mexico se incorpora a GAFISUD
-2009: EE.UU. Publica la Ley contra el Fraude
-2011: FinCEN emite reglamento final sobre “acceso prepagado”
-2012: FATF-GAFI actualiza las 40 Recomendaciones
SWIFT Latin American Regional Conference (LARC) - 2014 28-28 May 2014
Financial crime is top of
the agenda for banks
Significant costs
at stake….
... Yet no competitive
advantage for banks
A community issue calling for a community
solution …
Financial crime is top of
the agenda for banks
Significant costs
at stake….
All geographies / All types of
players impacted
... Yet no competitive
advantage for banks
Lots of duplication…
… for universal challenges
SWIFT Latin American Regional Conference (LARC) - 2014 28-28 May 2014 4
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SWIFT Compliance Roadmap
FATF 16 Information quality
Compliance Analytics
Sanctions list
Mngt service
Sanctions KYC AML
Processing
services
Traffic analysis
Standards
Data repositories KYC registry
AML testing & tuning
Sanctions Screening
Sanctions Testing & tuning
(transaction & client systems)
Traffic restriction (RMA)
Live
Development
Qualification
Exploration
Quality
Assurance
Client/Name screening
SWIFT Latin American Regional Conference (LARC) - 2014 28-28 May 2014
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More on SWIFT Sanctions Screening
service
SWIFT Latin American Regional Conference (LARC) - 2014 28-28 May 2014
Your institution
• A combination of best of breed:
– Filter application
– Sanctions List update service
• Centrally hosted and operated by SWIFT
• Real-time filtering service of FIN messages
• No local software installation & integration project
Sanctions screening service overview
Your correspondents
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Service overview - as sender
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Service overview - as receiver
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29 Public lists supported
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• AU – Australia Department of Foreign Affairs and Trade
• AU - DFAT Countries Embargoes
• AU - DFAT Iran Specified Entities List
• CA – Canada Foreign Affairs and International Trade
• CA - FAIT Countries Embargoes
• CA - Office of the Superintendent of Financial Institutions
• CA - OSFI - United Nations Act Sanctions
• CN - People's Republic of China - Ministry of Public Security
• EU - EUROPE Countries Embargoes
• EU - European Official Journal
• FR - Journal Officiel français
• HK - Hong Kong Monetary Authority
• HK - HKMA Countries Embargoes
• JP - Ministry of Finance
• NL - Frozen Assets List - Dutch Government
• NZ - New Zealand Police
• SG - Singapore MAS - Investor Alert List
• CH - Switzerland Secrétariat d’Etat à l’Economie
• CH - SECO Countries Embargoes
• UK - Her Majestys Treasury
• UK - HMT Countries Embargoes
• UN - United Nations
• UN - UN Countries Embargoes
• US - Office of Foreign Assets Control SDN list
• US - OFAC Palestinian Legislative Council
• US - OFAC Part 561 list
• US - OFAC Foreign Sanctions Evaders
• US - Financial Crimes Enforcement Network
• US - OFAC Countries Embargoes
And you can add
your own private
list
(new)
(new)
(new)
Sanctions Screening – Benefits
• Cost efficiency
• Ready to use
• Easy to use
• Real time
• State of the art
• Security
• Resilience
• Operational
excellence
A service provided by
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Q&A
?
SWIFT Latin American Regional Conference (LARC) - 2014 28-28 May 2014 12