Wikimedia Commons. Bankers Meet in Miami for Financial Crime and Anti Money Laundering Summit
FIBA, a non for profit trade association whose membership includes some of the largest financial institutions in the world who are active in international banking, will be holding its 14 Annual Anti Money Laundering Compliance Conference on February 20-21, 2014 in Miami. The program will help U.S. and foreign bankers acquire first-hand knowledge of the due diligence expectations of regulators and banks under a risk-based AML/OFAC compliance program.
“The key objective is to become aware of regulators’ expectations and that is where the upcoming 14th Annual FIBA AML Conference can help”, says David Schwartz, CEO of FIBA. “Last year’s conference, which attracted 1300 delegates from 40 countries, proved to be an outstanding learning and networking experience for the financial industry and established the type of conversation we want to create with the FIBA AML Conference. This year we plan to expand on that and there are certainly a lot of issues to cover”, concluded.
FIBA’s AML conference agenda will include a range of panels that will examine topics of concern to anti-money laundering compliance officers, regulators, lawyers, accountants and others.
The money laundering potential of Bitcoin and other digital currencies has attracted a lot of media attention in recent months. While the growth of such technology is worthy of examination, such innovation is by no means the sole, or even the most pressing, anti-money laundering issue faced by international banks today.
Of much greater concern to compliance officers, however are the many regulatory enforcement actions that in recent years have cited due diligence failures at banks engaged in international correspondent banking activity. Banks must figure out how to strike a proper balance and get to know their customers, and their customers’ customers, without the wasted expense of unwarranted measures. Additional topics to be covered include the evolution of cyber fraud; the direction of AML regulation; or what is happening to the risk-based approach.
For more information on the speakers, sponsorships, the program, or to register for the event, please visit the following link.
Classroom at Wharton School.. Wharton will Hold a Private Wealth Management Program for Professionals and UHNWI in Miami
Wharton, in collaboration with Family Business School, designed the syllabus for Private Wealth Management, a bespoke program for executives and professionals in the wealth management industry, which will be held in Miami over a period of three days on January, 2014.
The program will be held at the Hotel JW Marriott Marquis in Miami (Florida) from the 8 th to the 10 th of January. For further information on the course or to registerplease contact info@fundssociety.comor call +1-305-692 0169
The program aims to provide industry professionals with all the expertise and knowledge of experienced Wharton professors so that students may further their skills and achieve continued asset growth for their clients, and to meet the challenges which are unique to the ultra high net worth client sector, also known as UHNWI.
According to a study conducted by Family Business School, a pioneer in providing training and education in private wealth management to the Latin American high net worth sector, nine out of ten Latin American companies are family-owned businesses, but only 30% of these businesses survive the second generation. The program taught by Wharton in Miami is also for members of these great family fortunes, with the aim of creating a smoother and more fruitful relationship between UHNWI and their financial advisers, bankers, or family offices.
According to Family Business School, the main reasons why family businesses do not thrive in the long term are, lack of planning when it comes to family succession and inefficient management, in addition to little or no training for owners, shareholders and the next generation of business leaders. Inefficient asset management and ineffective asset allocation are some of the other reasons which are considered to be a direct cause of the inability of these companies to continue beyond the second generation.
Family Business School also highlights the fact that even though Latin America is a world leader in productivity, when compared with other areas globally, the region does not save or invest enough.
During the three days of the program the teaching sessions will cover the following topics:
The family balance sheet: this session aims to show how wealth is not only an issue of financial assets, since it covers many other areas ranging from operating a business and liquid investments such as real estate, to the management of human and family resources. This block shares ideas and coordinates all elements of family wealth beyond family investment opportunities.
Other sessions provided in the program include: the modern theory of portfolio management, performance measurement and management evaluation, the art and implications of asset allocation, client centric influence, understanding you an your client communication style, alternative investments and real assets and, impact investing.
The program will be held at the Hotel JW Marriott Marquis in Miami (Florida) from the 8 th to the 10 th of January, 2014. For further information on the program or to registerplease contact info@fundssociety.comor call +1-305-692 0169
Now in its sixth year, the LAVCA Colombia Forum is the country’s premier event for Colombian and international investors to evaluate the opportunities and challenges for PE/VC investments in the region. Sessions will focus on GP/LP relations, as well as issues impacting local investor groups and pension funds. The 2013 program includes the participation of the region’s top CEOs and covers the progress of Colombian private equity, what to expect with major deals closing in the Oil & Gas and Energy sectors, as well as details on local regulation and reporting requirements.
The 2013 LAVCA Colombia Forum will take plece on November 13 in Bogota, Colombia, hosting 175 high-level executives for a full day of discussion and debate. Participants include global investment firms, Colombian private equity managers, global funds of funds, investment officers from local pension funds and insurance companies, family offices, corporate heads, local regulatory officials, representatives from development finance institutions, and other relevant industry players.
Photo: Stefenetti Emiliano. More than 350 Professionals will Attend the Private Banking Latin America and Family Offices Forum
Terrapinn, a leading global provider of business conferences, will serve as host to the seventh-annual “Private Banking Latin America – Americas Family Office Forum,” on Wednesday, November 20, and Thursday, November 21, at The Trump International Beach Resort, Sunny Isles Beach
The conference will bring together more than 350 private bankers, wealth managers, family offices and HNWIs to network, solve problems and address topics such as FATCA, asset allocation and wealth management best practices. The agenda includes successful entrepreneurs and investors like hedge fund guru Hari Hariharan and reformed ex-con artist Frank Abagnale, the subject of the hit movie ‘Catch Me If You Can’. This is the only conference to offer a format of roundtables, 1-2-1 sessions and social networking
These are some of the private banking speakers who confirmed their attendance:
Andres Gonzalez, Head of Private Banking, Bancolombia (Colombia)
Gerald Aquilina, ex-Vice Chairman, Global Emerging Markets, UBS (Switzerland)
Salvador Sandoval, Head of Private Bank, BBVA Compass (Mexico)
Jose Luis Llamas, Managing Director, Head of N. LatAm, Deutsche Bank (US)
Flavio Souza, CEO, Private Banking, Banco Itau International (US)
Foto: Daniel Christensen . Testa vende Sabadell Financial Center de Miami por unos 190 millones de dólares
Wharton is hosting two events in Miami on August 13th, a Diversity Presentation followed by a General Admissions Presentation for the Wharton MBA program.
Diversity Presentation
Wharton invites you to a private reception with current Wharton students and local South Florida alumni. This event provides a wonderful opportunity for prospective students to learn more about Wharton’s diversity networks for African American, Latino/Hispanic American and Native American students. Afterwards, you can join the general Wharton information session immediately following the reception.
Immediately after de Diversity Presentation, The Wharton Club of South Florida hosts the Wharton Full-Time MBA Admissions presentation. Enjoy an evening with local Miami alumni as they share their personal Wharton experiences and help to answer your questions.
Wikimedia CommonsSteven Crosby. PwC 20th Anniversary Global Private Banking and Wealth Management Survey
The upcomingFIBA Wealth Management Breakfast Series is titled “PwC 20th Anniversary Global Private Banking and Wealth Management Survey: Navigating to Tomorrow: Serving Clients and Creating Value”, and will be presented by Steven Crosby – Americas Wealth Leader, PricewaterhouseCoopers LLP.
The Survey questionnaires canvassed the full range of senior management views. Chief Executives, Heads of Business Units, Chief Operating Officers, Finance Directors, Risk Officers and Human Resource Managers all completed specific sections. Acknowledging their crucial role in the client experience, there is also a section dedicated to Client Relationship Managers.
Survey headlines:
Pervasive regulatory pressures are driving cultural change
The quest for operational efficiency and differentiations through technology continues
Traditional approaches to product and service are changing
Understanding the client’s perspective of value is only getting tougher
Jennifer Lippin Rexinis, Director of Investment Products at MFS Investment Management, will share her view on the markets on a breakfast with investors on August 14th at the World Trade Center in Montevideo. Jennifer will also discuss MFS’ Prudent Wealth strategy.
Jennifer joined MFS in 2006. Prior to serving in her current position, she was with Financial Research Corporation, where she served as director of the subadvisory services research group. During her career she has been responsible for communicating portfolio positioning and strategy to both institutional and retail clients and prospects, researching market trends in the industry and performing equity analysis. She began her financial services career in 1995.
Jennifer earned a bachelor’s degree from Brown University and a Master of Business Administration degree from Northeastern University. She holds Series 6 and 63 licenses from the Financial Industry Regulatory Authority (FINRA).
Where:, World Trade Center, Avda. Luis Alberto de Herrera 1248, Montevideo
Wikimedia CommonsFoto: Kreepin Deth. London Metal Exchange sale de gira por Latinoamérica
The London Metal Exchange will be in Latin America this September delivering a series of seminars, focusing on issues that are key to the region’s metals and mining industries, said the LME in an statement.
Seminar locations and dates
Mexico City -3 September
Bogota – 5 & 6 September (conference and training seminar)
Santiago – 9 September
Lima – 11 September
Sao Paulo – 13 September
Why attend?
Is metal price volatility a key issue for you?
Do you need help managing risk?
How do senior economists and metals analysts see the future for base metals?
The seminars are also a great opportunity to meet and network with a wide range of professionals in the metals and mining industries.
If you want to know how to register for a seminar click here.
Did you know?
The LME’s relationship with Latin America spans over 136 years
Our three month contract originates from the journey time from Chile to London
LME prices were first used by miners in Latin America
Latin American mining companies were the first to trade LME futures contracts.
Wikimedia CommonsFoto: Jimmy Baikovicius. A debate el papel de los Family Offices en la gestión patrimonial de hoy
There are significant challenges facing wealthy families today as they think about provisioning the kinds of services they require. What are the characteristics of the ideal service provider? Do we go exclusively in house or do we go with more commercial offerings? Do we think our needs can be met in a multi-family office? Do we bring technology in house or can we utilize service provider platform? What about security? Where do we get it for our family members? What about privacy and keeping our data safe? How do we avoid the risk of cyber- attacks and fraud? All these matters are going to be discussed next September during the FIBA´s Wealth Management Forum.
The speakers of this panel are:
Allison P. Shipley – Principal, PwC
Annette V. Franqui, Managing Director, Forrestal Capital Limited
Jeff Kauffman, Chief Executive Officer, Global Family & Private Investment Office Group, Northern Trust
Santiago Ulloa, Managing Partner, WE Family Offices
If you want to attend register in the following ways:
FIBA’s Wealth Management Forumis an unique platform to facilitate knowledge exchange on cutting edge issues through targeted panel discussions and current case studies combined with the insightful perspectives of our invited experts.
Wikimedia CommonsBy Alex Polezhaev . México: an Overview from New York
As the Institutional Revolutionary Party settles in for its return to power, many believe this is Mexico’s moment. From a macroeconomic standpoint, Mexico has seen positive economic growth through the financial crisis, has cut inflation in half, has kept its budget deficits to 2% and carries public sector debt at a level one-third of that of the United States. The country also stands as a leader in free trade, with more free trade agreements than any other of the Latin America nations. The Bloomberg Mexico Conference will look at the country from all angles, offer perspective on what to expect from public sector and private sector leaders as Mexico continues to hold the interest of the global investment community.
To analyze this and other cases, Bloomberg has organized a special one-day conference, where they will contemplate the country at every angle. During the day, where professional leaders of the financial sector will inform what they can expect from the public sectors and leaders of the public sector in the moment that Mexico still mantains interest in the global investment community.
Mexican minister of finance, Luis Videgaray Caso, has confirmed his assitance, along with the 44 potential members that they come across too. For example, Benito Berber, Latin American strategist of Nomura Securities; Eduardo Cepeda, President and CEO of JP Morgan Financial Group, Alonso Cervera, Managing Director of Fixed Income of Credit Suisse; Albert Chretin, CEO of Terrafina, and Jaime Lázaro, CEO of BBVA Bancomer Asset Management.
The Bloomberg conference will be celebrated in the New York Academy of Sciences on July 10. To obtain more information or to register, please contact Elena Tchainikova at +1 212 617 4820 or etchainikova@bloomberg.net
