ICE and federal partners conclude successful anti-money laundering conference
The 10th Annual Mid-Atlantic Anti-Money Laundering Conference concluded yesterday after two days of panels and presentations devoted to financial crime, including virtual currency, human trafficking, cyber intrusion, shell corporations and terrorist financing. U.S. Immigration and Customs Enforcement’s (ICE) Homeland Security Investigations (HSI) co-hosted the event with the U.S. Secret Service, the Federal Bureau of Investigation, the Drug Enforcement Administration and the Internal Revenue Service.
“The value in gathering these agencies and industry together is immeasurable,” said HSI’s Assistant Director for Investigative Programs Matthew C. Allen said. “Fostering the relationship between law enforcement and industry is a key weapon in the fight against global criminal threats to our financial systems. The past teaches us that the lessons shared and connections made here this week will manifest into successful investigations in the future.”
The audience of over 450 attendees comprised representatives from financial sector compliance, anti-money laundering and financial intelligence investigators, and federal, state, and local law enforcement agencies. Conference attendees heard briefings from sponsoring agencies related to successful investigations, regulatory compliance and cyber threats. The conference is also a venue for law enforcement and industry partners to collaborate and further working relationships that help identify vulnerabilities that threaten global financial systems.
HSI has devoted the past decade to developing a robust and unparalleled financial outreach initiative to maximize public safety and border security under the Cornerstone outreach initiative. By forging domestic and international partnerships and sharing criminal typologies and red flag indicators, HSI equips the financial and trade community with the information they need to protect themselves from illicit exploitation. In return, HSI and its interagency partners share best practices, trends and typologies with their financial industry partners to more thoroughly investigate these complex and sophisticated criminal schemes.
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