Virtual Currencies, Cyber-Payments and Regulatory Compliance 2013

Key Topics

• An introduction to cryptography and math-based
• What virtual currencies are and how they work
• An overview of the current legal status and characterization
• The definition of terms such as e-wallet, blockchain, pseudonymity, hashing and mining
• An overview of two law enforcement precedents that could slow down the evolution of virtual currencies: the E-Gold and Liberty Reserve cases
• An overview of the ground-breaking FinCEN Guidance of March 18, 2013
• The consumer protection, financial crime and legality concerns expressed by regulators
• The opportunities for societal welfare presented by this new value-transfer system
• Tools and techniques to manage the risks posed by virtual currencies

Who should Attend

• Risk Officers
• Compliance Officers
• Operational Risk Managers
• Internal Auditors
• Staff with roles and responsibilities in compliance and risk management departments, as well as businesses and technology departments
• Transaction Monitoring Specialists