Transcript Anti Money Laundering, Data Collection and Reporting • Information Technology Service External Systems Unit • Global Programme against Money Laundering Money Laundering/Terrorist Financing – The World’s Response • Establish.

Anti Money Laundering,
Data Collection and Reporting
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Information Technology Service External Systems Unit
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Global Programme against Money Laundering
Money Laundering/Terrorist Financing –
The World’s Response
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Establish a global environment hostile to money laundering
and terrorist financing
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Implement international standards including the
FATF 40+9 recommendations
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Establish Financial Intelligence Units around the world
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Establish protocols and platforms for sharing
intelligence and evidence
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Secure technical assistance for countries
to implement international standards
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Uniform and standard AML platform - desirable
Anti-Money Laundering Process
Three essential components of an AML/CFT regime:
• A functional compliance culture
• Functional regulatory bodies –
central Bank, SEC, Insurance Regulator etc
• An effective financial intelligence unit tasked with:
• The above processes ideally should be automated
particularly if they involve high data volumes
From Start to Finish
goAML
goCASE
goAML – global Operations
Anti-Money Laundering
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Designed as a modular system to fit the needs of any FIU
irrespective of size
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from a single computer with a few thousand processes - up to 500
million processes over 5 year period irrespective of file size
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Processes and analyzes reports on:
- Suspicious transactions
- Financial transactions – of any type
- List or alert based reports – CFT etc
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Fully electronic data collection and dissemination from any source
such tax, law enforcement records, immigration service
(passenger movement records), property registrar, vehicle
registrar etc….
Data
Collection
Intelligence
report writer
Data Clean
up
Ad-hoc
queries and
matching
Charting and
diagramming
Integration
and/or data
acquisition
from other
sources
Statistical
reports on
reports
received and
processed
Intelligence
file
management
system
Structured
analysis
(strategic
and tactical)
Document
Management
(full text
search)
Profiling
Task
Assignment
and Tracking
Rule based
analysis
Workflow
System
goAML – Collecting and
Managing Information
Reporting standard defined:
• XML based (world standard format)
• Samples available for FI IT Personnel
• Exhaustive documentation available
Validation application:
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Checks for valid XML
All required fields are present
Data types are correct
Ensures reporting entities report
in the correct format from day 1
goAML – Gathering and
Managing Information
Secure website (SSL 512 bit encryption) for:
• Creating reporting entities
- by the FIU
• Creating contacts
• Changing contact details
- by the reporting entity
• Report upload
• Report data entry
- manually if necessary
• Report verification
- clean up by system
goAML – Gathering and
Managing Information
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Report History
- what reported
- accepted/rejected ref number
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View uploaded report
- Individually
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Submission status
- accepted/rejected
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Common content for any
reporting entity
- flexible
- secure information from FIU
- compliance circulars
- alerts
- name lists
goAML – High Volume Analysis
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Support analytical and investigation teams with highly
sophisticated reporting capabilities.
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Visualize large volumes of data to help understand the big picture.
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Monitor potentially suspicious accounts.
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Reveal patterns and hidden connections.
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Create analytical charts manually or automatically.
goAML – Collecting, Managing
and Analyzing Information
Workflow for STR analysis
• Tasks and the process diagram
are defined by the FIU users
- can change to suit their own needs
- full visual designer
• Task assignment and tracking
- within FIU
- push or pull reports by e-mail
• Integrated reporting
- workflow reports
- assignments
- progress
- results
goAML – Collecting, Managing
and Analyzing Information
• Integrated source tracking
- tracks externally sourced information
- creates bring-ups, reminders etc
• Automatic resource scheduling
- automatically assigns tasks
- monitors workloads
- measures outputs/performance
• Case feedback integration
- Produces standardized feedback
- reports as word documents
goAML – Collecting, Managing
and Analyzing Information
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Customizable data gathering templates
- standardized format for receipt of information
from outside agencies that decides
transmission medium (email/fax/post)
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Time in flight analysis
- Time management measure
goAML – Analysis and
Targeting Solution
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Common user interface across
analysis screens
- screens look and feel the same
- supports multiple languages
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Workspace based (keep
information through different
reporting sessions)
- two work spaces available at any
one time
- previous work automatically saved
- supports text, tables, merged
tables, pictures
goAML – Analysis and
Targeting Solution
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Analyst can retrieve, filter and
re-arrange the data accordingly to
his/her needs.
- Rearrange data fields
- Change grouping
- Filter data
- Change data sorting
- Save layout
- Export
goAML – Analysis and
Targeting Solution
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Linking to other screens from current
screen
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Allows easy comparison of different
accounts, persons or entities
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Each window acts independent of others
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Copy fields or rows
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Makes analysis easy
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Very easy to learn
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All these components have restricted
access
goAML – Analysis Trails Link charts
association charts – transaction flow charts etc
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Money and person trails for inbound
and outbound transactions
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Trail for duplicated addresses,
phone numbers and other
identification data
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Displays:
- source and destination
displayed as nodes
- direction and amount
displayed as arrows
goAML – Analysis - Pivots
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Reports offer many different views
of data under analysis
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Allows for dynamic user filtering
and grouping of related data
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Allows for searching for TOP
targets - 5/10/50 etc
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Flexible data search capability
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Simple integration with Excel
- excellent for net worth analysis
- ease of attachment to intel reports
- arrives live so can be manipulated
by receiver
goAML – Analysis - Intersect
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Combines data from two different reports
- User chooses the two reports populated with data and the columns to
intersect
Result is displayed in a completely
new window with the intersected data
goAML – Information Dissemination
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Suspicious activity detected
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Open a new case –
analysis output attached
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goCASE picks this up
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Export case to MS-WinWord
- Case file remains with FIU
- Output in the form of Intel report
- Sanitised to the level required by the user
goAML - User and role
based functions
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Management: Is able to check the submissions and the status of
reporting entities.
- performance measure/compliance
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Analyst: Responsible of conducting the analysis, finding
suspicious activities and linking to similar-patterned cases where
they exist
- analysis
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Administrator: Allowed to add new user, give/revoke access to
screens and different actions.
Access to certain actions is dependant on the user’s role!
goAML - Security
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Username and password
required to access applications.
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Access can be granted and revoked per:
- User
- Screen
- Certain actions like copy, export etc.
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Access to screens and data is logged.
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Data partially encrypted in the database.
- Encryption level and extent at the discretion of the user
goAML - Security
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Access to the system generally or to any part of it at the discretion
of the user – the user must “open the gate”
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UNODC does not hold private key – cannot decipher encrypted data
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Rule engine secure
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Database and system tools installed on the user’s premises,
UNODC has no independent access
Impossible is not a fact,
only an opinion
Thank you!