Financial Services and Trading
IFRS Converting Your Cash Flow Statement
One step in switching over to IFRS is to convert your cash flow statement. In this presentation, we will work through the entire cash flow statement. We will review in detail exactly what changes will need to be made to comply with these rules. This session will enable you to successfully convert your cash flow statement.Areas Covered How net income will changeNon-cash items that affect t..
Impact Of Federal Reserve Policy: Now And Ahead
In today’s fast-changing world financial environment plays a crucial role in influencing economic growth, investments, employment, external trade, inflation, interest rates, credit demand and supply, exchange rates, purchasing power, consumer spending, Government Budget, and also your wealth, investment, financial planning, and economic wellbeing. It is, therefore, imperative to understand how the policy of..
Increasing Criminal Risks of Intermediaries for Cross-Border Financial Crimes
In the last couple of decades, the world has experienced growing prosecutions of intermediaries for cross-border financial crimes. A U.S. bank was convicted by a Spanish court for moving money in the Pinochet criminal investigation instead of freezing it. The U.S. and State of New York have brought criminal cases against banks for a variety of financial crimes, especially economic sanctions. The U.S. DOJ ha..
Money Laundering: How it Works
We have all heard of money laundering but did you ever wonder how it works? This course is designed to review the issue of money laundering. Examples of actual money laundering cases will be provided so participants can understand how these frauds are being committed and how they were uncovered. We will review various methodologies for detecting money laundering schemes and will discuss developing internal ..
Must Know Tax Issues for Tax Exempt Organizations
This webinar will be the best guide to issue spotting potential problems a non-for-profit may come across and how to appropriately handle them. The IRS allows certain organizations to not pay taxes as long as they meet strict guidelines. Violating these guidelines can have strict and harsh ramifications for the non-for-profit and the people in charge of the organization.This webinar will help to first prope..
Nacha: ACH Rules And Enforcement
During this webinar, we will discuss the Nacha operating rules and how they impact your organization or specifically, your role. Due to the ever-changing regulatory landscape for financial institutions, rules & regulations keep changing or new ones are added, that address back-office functionality. Nacha operating rules describe and outline the path to follow.Areas CoveredOverview and backgroundNacha Op..
Non-Agency Securitization Techniques and Structures
While the issuance of mortgage-backed securities virtually stopped in the wake of the financial crisis, it has recently begun to grow rapidly due largely to the popularity of Non-Qualified (non-QM) loans. Since these loans are not eligible for securitization by Ginnie Mae, Fannie Mae, or Freddie Mac, they are issued as non-agency or “private-label” transactions. However, these transactions do not receive an..
Preparing a Financial Industry Compliance Manual and Code of Ethics and the Overall Annual Compliance Review
Building or Strengthening your firm’s Compliance Program? Attend our virtual seminar on the best practices for preparing the manual, code of ethics and conducting the required annual review. You will receive tools to help build or strengthening your compliance program. The Compliance program shall be designed to prevent, detect, and correct violations of the Advisers Act. The overall compliance program must..
Preparing for a (US and other) Customs Audit
US Customs law dates back to 1879 and was far less burdensome, legally, on the US importer until 1993. Under current law, the US Customs Modernization Act, the US Importer is now mainly responsible for adherence to all US Customs laws and regulations. While Customs calls it a “shared responsibility”, the burden is on the importer to “exercise reasonable care”. In this session, we’ll discuss the basics of a ..
Preparing for a BSA/OFAC Regulatory Examination
The BSA examination process is intended to assess the effectiveness of a financial institution’s BSA compliance program and the institution’s compliance with the regulatory requirements related to the BSA. A regulatory examination should cover a review of the risk management process, an analysis of the institution’s independent testing system, a detailed and thorough of the BSA compliance program, transacti..
Profit and Loss Statements: What A Lender Needs to Know and Ask
This program will examine Profit And Loss Statements and look at ways that they inform us about businesses. Attendees will look at ten questions that can be answered upon a close examination of Profit and Loss Statements. Among those question will be the following1. What is the Composition of Sales?2. Is this a growing business?3. How is Cashflow measure..
Risk Control and Risk Management
Ignoring the difference between risk control and management is akin to, on the road, mixing upside barriers and the steering wheel: the former aims at keeping the car on the path whatever comes, whilst the latter helps to keep the car at the optimal place on the road at all times. Such confusion inevitably leads to using soothing risk management patches rather than fully understood solutions, to ..
Risk Management vs Compliance – Risk Management Case Studies
All too often, people are confused or misunderstand what is Risk Management and what is Compliance. Most companies have both a Risk Management function and a Compliance function. For these functions to be effectively chartered in a company, it is firstly important for the executive and senior management of the company to fully understand the differences between the two in terms of their respective roles and..
Rolling Forecasts the New Way to Budget
The current technology-driven turbulent business environment presents many challenges to business managers. One primary challenge is the ability to predict and plan for the future which is unexpectedly unpredictable. Changes are constant. Companies struggle to find ways to find manage resources and find ways to thrive and survive in this turbulent business environment. Traditional budgeting has been overtak..
Seven Habits of an Effective Credit Administration
This audio session by Dev Strischek is intended to provide guidance on how to develop and maintain a Credit Administration (CA) function that will provide guidance to anyone involved in the credit function of the bank. The session also highlights the safeguards to manage the bank’s loan portfolio in a safe and sound manner. CA supports credit risk management by watching over credit policy, credit analysis a..