Workshop 2: Fraud Risk in Focus - What AML Professionals Need to Know About Insider and External Threats

Monday, September 21, 2026

10:30 - 11:30 AM EST

Fraud doesn't end when the money is stolen, it's often just the beginning. Once fraudulent proceeds enter the financial system, they need to be moved, hidden, and legitimized. That's where money laundering begins, and where your responsibilities come into sharp focus.

In this practical workshop, we'll trace the direct connection between fraud and anti-money laundering (AML), exploring how criminal proceeds are generated and why the compliance professionals sit at a critical point in detecting and disrupting that cycle. We'll work through the internal and external fraud threats your organization or clients face — from asset misappropriation and financial statement fraud to third-party schemes and organized crime — and examine how those threats produce the very proceeds that launderers seek to clean.

By the end of this session, you'll walk away with a clearer understanding of:

• How fraud generates proceeds of crime and feeds money laundering activity

• The internal and external red flags compliance personnel are uniquely positioned to spot

• Your detection and reporting obligations under Canada's AML framework (PCMLTFA)

• Practical steps to strengthen fraud controls that double as AML safeguards

Whether you work in public practice, industry, or advisory, this session will give you the tools and context to recognize the threat and act on what you see.