ACFCS releases newly updated certification materials and exam, launches comprehensive anti-money laundering course

Feb. 16, 2018 – MIAMI — The Association of Certified Financial Crime Specialists (ACFCS), a BARBRI Professional Association, has added to its comprehensive suite of offerings with the new and enhanced CFCS 2.0 exam and training materials, and a new anti-money-laundering (AML) overview course.

The new and improved CFCS 2.0 exam and training materials will be available beginning early March. The revised package is the result of a months-long collaboration of financial crime experts, who revised two-thirds of exam questions and assisted with expanding and overhauling the exam prep materials, adding new resources and updating existing ones. Collectively, these changes represent the most significant improvement to the CFCS since its inception in 2013.

The new online prep course offers in-depth coverage of the content and concepts included on the CFCS exam, with 12 chapters covering the key areas tested on the exam, including compliance programs, money laundering, fraud, anti-corruption, cybersecurity, tax evasion and more. The exam itself features new and updated questions and topic areas.

Hand-in-hand with the new exam and prep materials, ACFCS has also launched AML 360 – Going Beyond the Basics, a comprehensive overview of money laundering and financial crime.  This extensive online training was created for the new reality of financial crime, beginning with an in-depth review of AML training topics and best practices, then going beyond to cover the intersections of money laundering with cybercrime, corruption, tax evasion and fraud. Available as a complete seven-hour training package, or by single chapters, the course is ideal for AML compliance professionals at all levels, and for cross-training other professionals in key financial crime areas.  It includes 30-plus scenario-based review questions to validate knowledge.  Features include:

  • Money laundering methods, techniques, red flags, key risk areas
  • Guidance on financial crime risks in emerging technologies
  •  Insights on how AML professionals can support detection and prevention efforts related to cybercrime, fraud, anti-corruption and more

“We’re extremely pleased to launch the new exam and prep materials, as well as the new AML overview,” said ACFCS Executive Director Garry Clement, CAMS, CFE, CFCS. “These cutting-edge educational materials reflect our commitment to provide the latest and most robust training available for financial crime professionals.”

For more information, visit acfcs.org .

 

About ACFCS

The Association of Certified Financial Crime Specialists (ACFCS), a BARBRI Professional Association, is a worldwide organization for professionals who work in diverse financial crime prevention disciplines. ACFCS awards the Certified Financial Crime Specialist (CFCS) certification to qualified candidates who pass a proctored examination. Professionals in financial crime prevention from more than 50 nations have already obtained the CFCS certification.

Cybint Solutions introduces cyber security and cyber intelligence certification programs for financial, business professionals and attorneys

Discounted introductory pricing for companies and individuals offered through year-end

 

Nov. 13, 2017, NEW YORK — International cyber education and training leader Cybint Solutions, a BARBRI Group company, today introduced its Cyber Intelligence Certification (CIC) and Cyber Security Protection—Certification (CSPC) Programs for individuals, companies and higher education institutions.

These comprehensive certification programs, developed and taught by some of the world’s foremost cyber security/intelligence experts, are designed to provide critical tools and training to foster cyber proficiency for individuals across professions such as finance, law, tech and law-enforcement. Additionally, the Programs are offered to organizations to help them bolster employee expertise, and higher education institutions for incorporating into curricula.

“The cyber world today presents both threats and opportunities,” said Roy Zur, Cybint CEO and global cyber security and intelligence expert. “On the one hand, there is virtually no industry unaffected by cyber breaches or intrusions.  And unfortunately, 95 percent of all cyber breaches are due to human error. Workers are increasingly expected to have the skills to help protect themselves, their clients and their firms from cyber events.

“At the same time, the breadth of information and data stored in the Internet seems limitless, with new information constantly generated. Most individuals are only able to access 5 percent of the online information they need for their work. We know that those who can successfully navigate the Web to find the right information and intelligence can avoid crucial mistakes, and gain a competitive edge individually and for their organizations.

“The goal of our certification programs is to address both sides of the cyber world, preparing professionals to succeed and companies to benefit from this important infusion of talent and skill.”

Cybint’s cyber intelligence program focuses on training individuals on how to find and collect intelligence from around the Web, gain access to critical information that may be deleted or hidden deep in the Web, and then analyze their findings.  The security program focuses on improving professional and personal online and mobile security practices to better keep individuals and organizations secure, and on recovery from cyber events.

Both the cyber security and intelligence certification programs consist of training modules, assessment, certification and post-program tools. Using a “micro-learning” concept with short five- to10-minute learning units for maximum retention, each module is self-paced and interactive.  Each program provides theory and background of the concept or skill, demonstrates its use, then provides practice opportunities using real-life scenarios. Student progress is tracked, and at the end of training, a final exam to earn the certification is offered.  A suite of cyber tools, access to exclusive webinar content and other resources are available to participants after the course.

The Cybint certification programs were developed by Zur and a cyber team with more than a decade of experience in cyber education and a background in military cyber training. Zur is a retired Major from the Israeli Cyber Unit, practicing attorney and past legal adviser in the Israeli Supreme Court. He provides training to the U.S. Department of Justice, the FBI, international companies and a number of the nation’s leading financial institutions.

From now until of the month, Cyber Monday promotional pricing will be in effect for both programs. Individuals will receive a 60 percent discount when they type in cybermonday60 at checkout. Companies will receive a 30 percent discount per each employee signup by following this link and contacting a Cybint sales representative.  

About Cybint Solutions

Cybint Solutions is a collaboration between military-trained cyber security experts with more than a decade of experience, and the experts at leading legal education provider BARBRI. Cybint has created programs that address cyber security and intelligence at the individual and organizational level – creating a deep and powerful network of cyber expertise that goes far beyond typical technical expertise. Cybint is a trusted partner of private organizations and government agencies doing business around the world, including the U.S. government and some of the world’s largest financial institutions.

About The BARBRI Group

The BARBRI Group companies meet the legal education needs of law students and attorneys throughout their careers, and work to improve legal and professional learning by providing superior opportunities for law schools, law firms and law- and finance-related businesses. At the core of The BARBRI Group Companies is BARBRI Bar Review, which has helped more than 1.3 million lawyers around the world pass a U.S. bar exam. The company also provides online J.D., post-J.D. and international programs for U.S. law schools, and specialized ongoing training and certifications in areas such as financial crime prevention, eDiscovery and cyber awareness, security and protection. The BARBRI Group, founded in 1967, is a Leeds Equity Partners portfolio company headquartered in Dallas with offices throughout the United States and around the world.

ACFCS welcomes PNC Bank’s Jon Elvin to Advisory Board

Oct. 30, 2017, MIAMI — The Association of Certified Financial Crime Specialists (ACFCS), a BARBRI professional association, today announced that financial crime prevention and anti-money laundering expert, Jon Elvin, CFE, CAMS, has joined the organization’s Advisory Board.

Elvin currently leads the Bank Secrecy Act (BSA), Anti-Money Laundering (AML) and Sanctions Department for PNC Bank, responsible for the enterprise program within the Independent Risk Management (IRM) organization. He offers nearly 30 years of progressive experience, and has held a variety of positions within banking, the intelligence community, the U.S. Army, and the professional services field.

Prior to his current role, which serves to foster innovation in PNC’s BSA/AML Program and across the businesses, Elvin served as the bank’s chief compliance officer, and before that, he was chief BSA and AML officer. Over the course of his career, he also served as a senior manager and cofounder of an AML service solution for an international services and accounting firm.

“Jon is clearly a welcome addition to our Advisory Board,” said ACFCS Executive Director Garry Clement, CAMS, CFE, CFCS.  “He has an excellent reputation with a passion for ensuring impactful disruption against financial crime, and I’m confident will add substantial cross-industry expertise to the team.”

“I’m very excited to further my involvement with ACFCS,” added Elvin. “The organization stands for the highest quality in financial crime prevention education and resources, and I look forward to contributing to its future direction.”

Elvin is a Certified Fraud Examiner (CFE) and Certified Anti-Money Laundering Specialist (CAMS). He retired from the United States Military after honorably serving 20 years in the Army and Army Reserves. His service included seven years active duty and a deployment to Iraq. Elvin holds a Bachelor of Science degree in Human Resource Management from Geneva College.

 

About ACFCS

The Association of Certified Financial Crime Specialists (ACFCS), a BARBRI Professional Association, is a worldwide organization for professionals who work in diverse financial crime prevention disciplines. ACFCS awards the Certified Financial Crime Specialist (CFCS) certification to qualified candidates who pass a proctored examination. Professionals in financial crime prevention from more than 50 nations have already obtained the CFCS certification.

ACFCS establishes McDonald Award to recognize lifetime achievement in preventing, combating financial crime

ACFCS establishes McDonald Award to recognize lifetime achievement in preventing, combating financial crime

Annual award created in honor of Mike McDonald,  leading AML expert who played key role in law enforcement’s response to money laundering 

Oct. 23, 2017 — MIAMI. — The Association of Certified Financial Crime Specialists (ACFCS), a BARBRI professional association, has established The McDonald Award, an annual honor to recognize lifetime achievement in individuals fighting financial crime.

The award, announced at the recent ACFCS Financial Crime Conference, was created in honor of well-known and respected Anti-Money Laundering leader, Mike McDonald, who passed away in 2016. The first McDonald Award recipient will be named at the 2018 Conference.

“Our recent Financial Crime Conference was a valuable and productive gathering of the financial crime prevention community,” said ACFCS Executive Director Garry Clement, CAMS, CFE, CFCS. “The participation from and engagement of attendees, presenters and all other participants speaks volumes about our collective passion for preventing financial crime. It was the natural venue to introduce this award, acknowledging Mike’s many contributions, and looking to the future of our field.”

Over the course of his career as a Special Agent of the IRS Criminal Investigation Division, McDonald was on the front lines of combating narcotics trafficking rings in South Florida. With tremendous amounts of cartel cash washing into Miami financial institutions, McDonald helped found Operation Greenback in 1980.

Operation Greenback, the first ever multi-agency money laundering task force, would go on to recover hundreds of millions of dollars in assets from drug traffickers, compel institutions to comply with Bank Secrecy Act regulations, and serve as a template for future law enforcement collaborative efforts.

The McDonald Award will recognize a member of the financial crime prevention profession who has devoted his or her professional life to the ongoing battle against financial crime and improving the field of financial crime prevention.

“It means a lot that ACFCS did this,” said McDonald’s daughter, Carrie McDonald. “He (my father) really did love his job and he knew it was an important one.”

Candidates can be active or retired individuals who are financial crime practitioners, trainers, supervisors, administrators, consultants, or researchers, and have made major contributions to the field.  Nominees must have at least 25 years of experience and the winner will be selected by a committee.

More information can be found at www.acfcs.org.

 

 

About ACFCS

The Association of Certified Financial Crime Specialists (ACFCS), a BARBRI Professional Association, is a worldwide organization for professionals who work in diverse financial crime prevention disciplines. ACFCS awards the Certified Financial Crime Specialist (CFCS) certification to qualified candidates who pass a proctored examination. Professionals in financial crime prevention from more than 50 nations have already obtained the CFCS certification.

ABAXX AND ACFCS JOIN FORCES TO FURTHER FINANCIAL CRIME PREVENTION EDUCATION

Oct. 16, 2017 — Great Falls, Va. — Abaxx Associates, LLC today announced its membership with the Association of Certified Financial Crime Specialists (ACFCS), and sponsorship of the 2017 Financial Crime Conference. ACFCS, a BARBRI professional association, is a leading provider of practical tools, knowledge, and networking opportunities that help professionals achieve quality results in financial crime detection and prevention.

The partnership with ACFCS provides Abaxx employees ongoing training, certifications, and information pertaining to emerging trends within the industry. Abaxx employees will have exclusive access to ACFCS resources, articles, webinars, and industry best practices related to financial crime threats and methodologies. Plus, as members of ACFCS, employees will have the ability to connect with thousands of members in the ACFCS global community, including financial crime compliance professionals with subject-matter expertise in money laundering, terrorism financing, fraud, bribery and anti-corruption, sanctions, and other areas.

Abaxx is a professional services firm offering comprehensive expertise in strategy management and consulting, data exploitation and analysis, training and capacity building, and operations and mission management. Abaxx customizes and executes innovative solutions for their clients to deliver superior, actionable results. To learn more visit www.abaxx.us.

“We are proud to be a part of ACFCS given its stature in the financial crime prevention arena, and the wealth of resources it offers financial crimes specialists around the world whether here in the U.S. or overseas,” said Michael Bombace, Abaxx director of legal and emerging technologies, who also is an executive member for the Washington, D.C. area ACFCS chapter. “Our community of professionals is growing by leaps and bounds. We look forward to contributing to the best practice-oriented nature of the overall industry discussion and direction. We are also excited to help foster an open dialogue and joint effort between public and private professionals in the financial crime space.”

Abaxx is a member of the Intelligence and National Security Alliance, the Northern Virginia Technology Council, and several other public and private sector working groups focused on combatting financial crimes, developing data analysis, and financial technologies.

“The positive impact and support of organizations such as Abaxx are integral in our collective journey to stamp out financial crime,” added ACFCS Executive Director Garry Clement, CAMS, CFE, CFCS. “Their addition to our conference and our membership will serve to strengthen the overall profession. We look forward to a long and productive relationship.”

The 2017 ACFCS financial crime conference will be October 16-17 at The Hyatt Regency, Boston. The conference was designed for the new reality of financial crime detection and prevention. Now in its sixth year, the conference has become a gathering place for subject matter experts, thought leaders and seasoned professionals in all fields fighting financial crime – compliance, law enforcement, regulatory and civil society. Registration is now open and more information can be found at: www.financialcrimeconference.com.

About ACFCS

The Association of Certified Financial Crime Specialists (ACFCS), a BARBRI Professional Association, is a worldwide organization for professionals who work in diverse financial crime prevention disciplines. ACFCS awards the Certified Financial Crime Specialist (CFCS) certification to qualified candidates who pass a proctored examination. Professionals in financial crime prevention from more than 50 nations have already obtained the CFCS certification.

ACFCS Conference Topics

Miami — The Association of Certified Financial Crime Specialists (ACFCS) Advisory Board members are confident that the upcoming ACFCS Financial Crime Conference, Oct. 16-17, will provide members and delegates with the most extensive regulatory updates and latest sector information on cyber crime of any financial crime conference this year. The special early bird conference rate has been extended into September.

“Our speakers are at the top of their game and they are also on the frontlines of all that is coming down the pipe in cyber crime and regulatory issues,” noted ACFCS Executive Director Garry Clement, CAMS, CFE, CFCS. “Staying ahead of these important topics is paramount to doing the job well.”

Of interest to compliance, law enforcement, government officials, banking and financial services professionals fighting financial crime, ACFCS 2017 has lined up a stellar group of speakers and topics to provide leading-edge updates in areas critical to financial crime professionals.

Topics of interest include:

The Regulatory Report

In a rapidly changing financial crime risk and regulatory landscape, getting guidance directly from regulators is essential to stay a step ahead of compliance challenges. This “deep dive” panel will provide an opportunity for leading agency representatives to provide insights on new regulatory changes, enforcement trends and areas of key concern for regulators. The interactive panel promises ample Q&A time for attendees to get answers to their most pressing questions. Speakers Sarah Green, Sean O’Malley, Jim Vivenzio and Barry Koch will lead an insightful discussion into this ever-changing topic.

Cyber Crime and Cyber Security: A Critical Update

Join us as the field’s preeminent experts describe life in the cyber crime and cyber security trenches today, and discuss emerging trends and related legal and compliance challenges in this fast-paced and ever-changing vertical. A highly qualified panel has been convened to discuss all of the hot buttons today; state-sponsored attacks, ransomware, cyber crime risk assessments, and regulatory requirements. A must-attend session for financial crime professionals.

Speakers Roy Zur, Barry Koch and Joseph DeMarco are all noted international experts and on the frontlines of cyber crime trends and challenges.

In addition to a robust agenda, the conference is also pleased to announce the support of the following sponsors and partners:

  • ABAXX Associates, LLC
  • Thomson Reuters
  • AML RightSource
  • APU/AMU

For more information, please visit www.financialcrimeconference.com

For media inquiries: kerryharrismail@gmail.com

ACFCS debuts Financial Crime Essentials, comprehensive introductory course to help professionals prevent and protect against financial crime

Aug. 31, 2017 – MIAMI – The Association of Certified Financial Crime Specialists (ACFCS), a BARBRI Professional Association, has launched its Financial Crime Essentials, a robust introductory online course covering the essential methods and means for preventing and protecting against financial crime.

“Organizations of all types today face an increasing number of financial crime threats perpetrated by sophisticated sources. Minimizing those threats within an organization requires everyone to understand the risks and measures necessary to thwart them,” said ACFCS Executive Director Garry Clement, CAMS, CFE, CFCS. “We believe it is critical for all employees – front-line agents to occupants of the C-Suite – to have a basic grounding in the risks they face, and financial crime detection protocols to protect themselves and their organizations. Financial Crime Essentials meets that need, and we believe will be widely accepted by proactive institutions wanting an understanding beyond just money laundering.”

Financial Crime Essentials is a one-hour, online offering that covers the common methods used and vulnerabilities exploited by financial criminals. The course answers pressing questions around how financial crimes have evolved in recent years, what is required for compliance programs in this new era, global best practices for detection and prevention, and more. It goes far beyond the anti-money-laundering and compliance areas, spanning the entire financial crime threat landscape including the key areas of financial crime, sanctions, fraud, tax evasion, bribery and corruption, money and commodities, investigations, asset recovery, cyber security, international standards and ethics.

With content developed by financial crime prevention professionals, the course awards 1.5 hours of Certified Financial Crime Specialist (CFCS) credit, and a certificate of completion. The course is free for ACFCS members and available for $99 for all others. Visit ACFCS/Financial Crime Essentials to learn more.

The 2017 ACFCS financial crime conference will be October 16-17 at The Hyatt Regency, Boston. The conference was designed for the new reality of financial crime detection and prevention. Now in its sixth year, the conference has become a gathering place for subject matter experts, thought leaders and seasoned professionals in all fields fighting financial crime – compliance, law enforcement, regulatory and civil society. Register before September 15 to receive a $200 early bird discount on ACFCS conference registration. Registration is now open and more information can be found at: www.financialcrimeconference.com.

About ACFCS

The Association of Certified Financial Crime Specialists (ACFCS), a BARBRI Professional Association, is a worldwide organization for professionals who work in diverse financial crime prevention disciplines. ACFCS awards the Certified Financial Crime Specialist (CFCS) certification to qualified candidates who pass a proctored examination. Professionals in financial crime prevention from more than 50 nations have already obtained the CFCS certification.

ACFCS 2017 Financial Crimes Conference adds compliance experts/topics to agenda

Miami — ACFCS 2017 has announced the addition of a number of leading-edge compliance topics to the conference program.

“Our delegates are always interested in what’s up and coming in the compliance sector. Compliance is an integral part of financial crime prevention, and a gatekeeper for many of our partners and members,” noted ACFCS Executive Director Garry Clement, CAMS, CFE, CFCS.

Compliance topics include the following:

Beneficial Ownership

It’s human nature to want to understand exactly who we are doing business with, regardless of external rules and requirements. This is amplified in that we live in an increasingly dangerous world that has required government rules and requirements to evolve and adjust. Critical to staying ahead of due diligence, true beneficial ownership of an entity needs to be at the forefront of every risk-based entity vetting and account opening/contract initiation process. This goes far beyond Internet searches. There are key questions to be asked; such as “Who really owns this entity?” “What are they doing?” “How are they doing it?” and “Does it all make sense?”

This insightful panel will discuss banking, intelligence and business insights, and expand the discussion into actually finding the bad apples. Speakers Daniel Stipano, Bill Nosal and John Walsh are senior subject matter experts in this space.

Transaction Monitoring

This panel discussion of industry thought leaders will explore the opportunities and challenges of “Interaction Monitoring.” Panelists will provide a fascinating description of “non-transactional” interactions that can be incorporated into a best-in-class monitoring program.

Questions like: “How can ATM balance inquiries, mobile account balance views from multiple devices, and phone bank calls, support and enrich your AML and CFT monitoring program?” Also, “Is it possible to use customer interaction data (geo-location and device ID) to provide linkages to seemingly unrelated transactions in order to detect financial crime?”

All excellent questions looking for answers during this robust panel discussion featuring speakers , Gary Shiffman, PhD, James Richards and Michael C. Raffa.

Financial Crime – The New Reality

Financial crime professionals know far too well that the regulatory, enforcement and compliance landscapes are shifting rapidly. We are now facing financial crime threats where borders no longer exist, and with more complex and coordinated global threats by professional criminals, criminal organizations and state-sponsored hackers than ever in our history. This session describes this new reality of financial crime risk, and explores how a converged approach can help confront it. Join Marcy Forman, Connie Fenchel and Jon E. Elvin as they tackle this very relevant topic.

For more information, please visit ACFCS 2017.

For media inquiries: kerryharrismail@gmail.com

ACFCS 2017 Financial Crime Conference to tackle critical issues facing financial crime experts

Compliance and regulatory issues cited as key

MIAMI — Garry Clement, executive director for the Association of Certified Financial Crime Specialists (ACFCS), a BARBRI Professional Association, cited that key issues facing financial crime professionals are constantly evolving.

“Our industry is changing at a rapid rate and the key issues facing financial crime professionals today are very different than they were even five years ago,” he said. “With the advent of technology, an increasingly connected world and the continued sophistication of the criminal element, financial crime professionals must stay on top of macro trends, regulatory updates and compliance challenges. Staying informed is critical to doing the best job possible.”

Designed to reflect the real issues facing financial crime professionals today, the renowned financial crime conference, ACFCS 2017, will cover key regulatory changes affecting the sector as well as doing a deep dive into compliance in a cross functional world. Increasingly complex and ever-shifting, compliance is often the gatekeeper for effectively fighting financial crime.

ACFCS 2017 speakers will cover off the critical issues hitting compliance officers today.  Can’t-miss sessions for compliance officers include:

Industry experts also note that staying current on the compliance front is only half the battle. Staying on top of regulatory changes is also paramount to today’s financial crime professional. ACFCS 2017 will also showcase industry experts, Thomas Ott and Jim Vivenzio who will cover off the regulatory bases with two essential presentations:

Financial Crime – A View from FinCEN

The Regulatory Report — An Inside View From the Experts

Registration is now open and delegates can still take advantage of the early bird rate. In addition to a full roster of leading edge speakers, ACFCS 2017 also offers delegates 1.5 CFCS credits. For more information visit www.financialcrimeconference.com

For media inquiries: kerryharrismail@gmail.com

ACFCS forms strategic partnership with International Foundation for Protection Officers

MIAMI — The Association of Certified Financial Crime Specialists (ACFCS), a BARBRI Professional Association, has formed a strategic partnership with the International Foundation for Protection Officers (IFPO) to provide a comprehensive suite of financial crime prevention and cyber education training and resources to IFPO members.

The partnership leverages the breadth of expertise available from ACFCS and its sister organization Cybint, and the reputation and reach of IFPO, a powerful combination that provides a suite of proven tools to enhance the knowledge and skills of those in the financial and cyber crime prevention field.

Along with training and other professional resources, ACFCS and Cybint leaders will offer presentations, training and other participation at IFPO-sponsored activities and events, sharing best practices and their expertise.

“IFPO enjoys an excellent reputation in the financial crime prevention field, and we are very excited to partner with the organization,” said ACFCS Executive Director Garry Clement, CAMS, CFE, CFCS. “We share the same commitment to financial crime and cyber crime prevention and I am confident that our combination of resources will strengthen our overall industry.”

“We believe that education is an essential part of professional development for those charged with protecting others,” added IFPO Executive Director, Sandi J. Davies. “This strategic partnership with ACFCS enhances the breadth of our offerings and access to industry-leading expertise.”

The 2017 ACFCS financial crime conference will be October 16-17 at The Hyatt Regency, Boston. The conference was designed for the new reality of financial crime detection and prevention. Now in its third year, the conference has become a gathering place for subject matter experts, thought leaders and seasoned professionals in all fields fighting financial crime – compliance, law enforcement, regulatory and civil society. IFPO members will receive a $200 discount off ACFCS conference registration with coupon code IFPO200. Registration is now open and more information can be found at: www.financialcrimeconference.com.