Agenda

8:00 – 8:50

Registration and breakfast

8:50 – 9:00

Chair’s opening remarks

9:00 – 9:35

COMPANIES HOUSE
Strengthening financial integrity: Evaluating reforms at Companies House

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  • Reviewing impact when mitigating financial crime through company registrations
  • Implementing identification and verification of people setting up companies to reduce criminal activity
    • Evaluating the effectiveness of mitigating criminal activity
  • Navigating compliance considerations for new regulation
  • Offsetting crime through Companies House
  • Identifying potential fraudulent attempts after ID & V comes into place
Speaker-HS-1

Ionela Emmett, Senior Manager – Financial Crime Controls, Risks and Policy & Advisory, ICBC Standard Bank

9:35 – 10:20

COMPLIANCE – PANEL DISCUSSION
Navigating regulatory expectations and ensuring compliance in a dynamic landscape

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  • Staying ahead of upcoming regulations across jurisdictions
  • Staying up to date with appropriate reporting for customer obligations
  • Ensuring a robust framework for regulatory reviews
  • Maintaining assurances and compliance amid evolving regulatory landscapes
  • Interpreting regulators’ requirements in multi-jurisdictional environments
  • Understanding the direction of UK regulations with potential divergence from EU regulations
Speaker-HS-1

Felix Weinacht, Compliance Director, Deutsche Bank

Speaker-HS-1

Alicja Hellak, Financial Security Senior Manager,BNP Paribas

10:20 – 10:50

Morning refreshment break and networking

10:50 – 11:35

SANCTIONS EVASIONS – PANEL DISCUSSION
Leveraging technology to detect and tackle sanctions evasion attempts

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  • Reviewing routes of evasion in different jurisdictions
  • Analyzing schemes and intermediaries facilitating sanctions circumvention
  • Monitoring the scale of evasion with its unprecedented volume
  • Identifying red flags to assess potential evasion transactions
    • Gaining expertise internally and in enforcement agencies
  • Delivering appropriate training to the front line and across jurisdictions
  • Reviewing upcoming regulatory considerations for sanctions
    • Implications for financial institutions and workforce upskilling
  • Enhancing compliance programs and leveraging technology to identify sanctions violations
Speaker-HS-1

Arjun Ahluwalia, Global Head of Sanctions and Geopolitical Risk, Santander Corporate and Investment Banking.

Speaker-HS-1

Riley Peterson, Head of Compliance, China Construction Bank Corporation London Branch

Speaker-HS-1

Shereen George, Head of Sanctions, BNP Paribas.

11:35 – 12:10

SANCTIONS ENFORCEMENT
Navigating enforcement challenges in sanctions compliance as uncertainty continues

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  • Reviewing forthcoming enforcement actions by OFSI on Russia sanctions violations
  • Reviewing increased scrutiny on banks’ sanctions compliance programs
  • Increased risk exposure to banks that stayed operating in Russia
  • Reviewing upcoming enforcement action with limited resources
  • Increasing collaboration across the UK & US to target cross-jurisdictional violations
  • Gaining a consistent approach to this from law enforcement
  • Higher need for this with AI transforming the payment space
Speaker-HS-1

Tepo Din, Head of EMEA Anti – Money Laundering, Sanctions and Anti – Bribery and Corruption Legal, BNY Mellon

12:10 – 12:45

BENEFICIAL OWNERSHIP
Reviewing the beneficial ownership rules and assessing the impact on financial institutions

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  • Tackling obscure and complex ownership structures
  • Identifying exploitation of investment vehicles utilizing opaque legal entities to conceal beneficial ownership
  • Highlighting intermediary entities controlling assets on behalf of sanctioned individuals
    • Potential regulatory breaches and compliance challenges
  • Conducting an analysis of the impact on banking operations
  • Enhancing due diligence in KYC processes
  • Identifying sanctioned parties attempting to re-enter financial markets with altered ownership structures
Speaker-HS-1

Fiki Bailey, Global Financial Crime Senior Manager, Aviva Investors

12:45 – 1:45

Lunch break and networking

1:45 – 2:10

TECHNOLOGY
Reviewing the opportunities to leverage technology for enhanced financial crime prevention

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  • Automating processes to enhance efficiency
  • Evolving financial crime techniques with new technology
  • Investing in relevant technology to protect customers from bad actors
  • Leveraging technology opportunities to stay ahead of criminals
  • Developing the right technological defences to identify and prevent fraud
  • Protecting customer assets by investing in relevant technology
  • Implementing safeguards to ensure predictive modeling is delivering the right results and staying compliant
  • Balancing the volume of technology with the right technology
  • Balancing cost implications of adopting new technologies Vs. traditional human-centric approaches
Speaker-HS-1

Zahra Gill, Financial Crime Strategy and Change Lead, Enhanced Due Diligence, Starling Bank

2:10 – 3:05

DATA
Reviewing data quality within financial crime to combat growing attacks and make more informed decisions

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  • Managing data quality in financial crime prevention
  • Impact of data inaccuracies on resource allocation and decision-making
  • Role of clean data in identifying high-risk indicators and optimizing investigative efforts
  • Overcoming challenges in data sharing and integration across different systems
  • Identifying money laundering cases and reducing false positives
  • Sharing data to mitigate financial crime tactics
  • Leveraging technology to identify blind spots for using data
  • Utilizing technology for data analysis while ensuring ethical and accountable decision-making
Speaker-HS-1

Jorge Martinez Malacara, Director, Head of EMEA Financial Crime Compliance Testing, MUFG

3:05 – 3:40

CUSTOMER RISK ASSESSMENT 
Standardizing customer risk assessment for enhanced efficiency and compliance

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  • Identifying issues with a risk-averse model
  • Setting appropriate risk appetite without compromising confidentiality
  • Balancing regulatory requirements and internal risk appetite
  • Aligning risk assessment models with business objectives
  • Understanding what institutions believe to be high and low-risk
  • Making risk-based checks efficient to onboard and retain customers
  • Aligning definitions for high-risk customers across institutions
  • Optimizing processes to minimize customer inconvenience
Speaker-HS-1

Matthew Tataryn, Director of Financial Crime, Tide

3:40 – 4:10

Afternoon refreshment break and networking

4:10 – 4:45

APP FRAUD
The evolution of push payment fraud and proactively protecting vulnerable customers

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  • Tackling increased push payment fraud through social engineering
  • Proactively protecting customers from push payment fraud
    • Including vulnerable populations
  • Increased damage to financial institutions reputation
  • Integrating fraud checks whilst being on the phone to make transactions
  • Understanding where risks now stand in relation to customers with new PSD3 regulation
  • Examining the evolving responsibilities of banks in mitigating fraud risks

4:45 – 5:20

MONEY MULES
Reviewing challenges and strategies to tackle the increased rise of money mules

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  • Reviewing the trends and implications of money mules
  • Understanding the impact of geopolitical events on money mules
  • Implications of PSR regulations on muling
    • Shared liability between two banks that are involved in money movement
  • Potential increase in reputational risks: Effect of PSR’s ranking table on banks’ public image
  • Operationalizing responses to mitigate money-muling risks
  • Leveraging data analytics and technology to identify emerging trends
  • Enhancing SAR processes from reporting to customer exits
  • Reviewing future trends and innovations in combating money muling
Speaker-HS-1

Gareth Dothie, Interim Head of Fraud Operations, City of London Police.

5:20 – 5:30

Chair’s closing remarks

5:30

End of day one and networking drinks reception

8:00 – 8:50

Registration and breakfast

8:50 – 9:00

Chair’s opening remarks

9:00 – 9:35

AML REGULATION
Navigating the new regulatory landscape in financial crime and identifying impacts across the industry

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  • Implementing Europe’s new money laundering rules
    • Reviewing the implications and implementation strategies
  • Staying compliant with fast-changing regulations across jurisdictions
  • Conflicting regulations set with fast-moving technology advancements
  • Performing horizon scanning and strategic planning for timely deployment of systems
  • Regulatory barriers hindering effective data exchange and cooperation with FIUs
  • Leveraging technology to enhance regulatory compliance and mitigate financial crime risks
  • Inclusion of data protection and privacy in a global regulatory environment
Speaker-HS-1

Pradeep Kochar, Director – Global Head of ICG, AML, KYC Quality Assurance, CITI

9:35 – 10:10

AML & KYC
Reviewing innovations in AML and KYC through the integration of technology

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  • Exploring cost-effective alternatives to traditional AML checks
  • Leveraging technology for quick and secure customer verification
  • Monitoring and updating when there is a changed beneficial owner in the company directory
    • Dealing with this at a large scale
  • Periodically updating customers’ information due to their risk rating
  • Reviewing customer risk assessment at onboarding
  • Optimizing the balance between gathering information and minimizing false positives
  • Integrating strategies for efficient data management
Speaker-HS-1

Pallavi P Kapale Dip,  Senior Financial Crime Officer – Financial Intelligence Unit, Bank of China.

10:10 – 10:40

Morning refreshment break and networking

10:40 – 11:15

IDENTITY THEFT
Addressing emerging identity theft challenges and where technology can be leveraged to mitigate risk  

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  • Putting controls in place to mitigate the execution of unauthorized transactions
  • Increasing collaboration within the industry to identify best practices
  • Spotting and mitigating the misuse of bank accounts opened using stolen identities
  • Increasing collaboration between regulatory bodies
    • Staying compliant with requirements
  • Reviewing the effectiveness of current mitigation efforts across various organizations
  • Developing robust fraud prevention and detection strategies

11:15 – 12:00

CRIMINAL USE OF TECH – PANEL DISCUSSION
Understanding criminal uses of technology in order to stay ahead and combat the risk

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  • Increased speed of payments being moved from fraudsters due to technology
    • Use of encrypted devices
  • Collaborating between the public and private sector to effectively identify money laundering
  • Exploring approaches to tackling encrypted devices
  • Understanding how criminals are using cryptocurrencies and AMI’s
  • Increasing communication and regulation between various parts of the system
Speaker-HS-1

Kevin Newe, Assistant Director – Illicit Finance Threat Lead, HM Revenue and Customs

Speaker-HS-1

Andrew Flemming, MI and Reporting EMEA Head, Deutsche Bank

Speaker-HS-1

Gareth Davies, Global Head of Fraud, Allianz Commercial

12:00 – 12:35

TRANSACTION MONITORING
Monitoring and tracking the nuances of transaction monitoring in the age of crypto

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  • Investigating and identifying when crypto assets are involved
  • Exploring the data landscape of blockchain and its implications for transaction monitoring
  • Leveraging crypto advantages when treated as a different asset
    • Simultaneously identifying risks unique to crypto
  • Having information readily available for regulators if things go wrong
  • Tailoring activities around those assets according to information available
  • Tracing bitcoin movements as they increase in speed
  • Assessing the trajectory of crypto regulation and its impact on transaction monitoring practices

12:00 – 1:35

Lunch break and networking

1:35 – 2:20

AI – PANEL DISCUSSION
Understanding potential use cases of AI for financial crime detection and mitigation

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  • Understanding the use of AI as a threat: Can we fight AI with AI?
    • Reviewing how bad actors are leveraging AI
  • Examining the role of AI in identifying patterns of fraudulent behavior
  • Enhancing risk assessment models and augmenting investigative capabilities
  • Reviewing the development in large language models and leveraging internally
  • Safeguarding against bias in the systems that are deployed
  • Maintaining explainability and visibility of automated results
  • Driving analysis of alerts through generative AI
Speaker-HS-1

Saurav Banerjee, Global Head Strategy and Transformation, Emerging Risk and Finance, UBS

Speaker-HS-1

Jane Alimonda, Internal Audit Director, The Bank of London

2:20 – 2:55

DATA
Breaking down data sharing barriers: Enhancing collaboration for effective financial crime prevention

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  • Reviewing legal and regulatory barriers hindering effective data exchange among obliged entities
    • Impact of data privacy laws, such as GDPR and banking secrecy, on data sharing initiatives.
  • Increased opportunities for collaborative data sharing to improve detection and prevention of financial crime.
  • Integrating strategies for overcoming jurisdictional challenges in global data sharing
  • Leveraging platforms for joint data analysis and intelligence sharing
  • Exploring AI-driven approaches to facilitate data sharing and collaboration

2:55 – 3:25

Afternoon refreshment break and networking

3:25 – 4:00

AI
Navigating the ethical and regulatory landscape of AI in financial crime prevention

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  • Examining regulatory frameworks governing the use of AI to stay compliant
  • Mitigating the risks of AI-related fraud and ensuring the ethical use of AI technologies
  • Addressing common challenges and promoting responsible AI adoption
  • Educating employees on AI for sufficient use
  • Reviewing successful AI use cases in financial crime prevention
  • Reviewing the limitations and potential pitfalls of AI technology
  • Addressing concerns regarding data privacy, bias, and ethical implications of Ai

4:00 – 4:35

TPRM
Monitoring third-party supply chains to mitigate security risks and track financial crime activity

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  • Reviewing implications of data breaches on terrorism financing and regulatory compliance
  • Ensuring data security and compliance when working with vendors
  • Establishing processes to control data access and prevent unauthorized sharing
  • Implementing encryption and access controls to safeguard sensitive information
  • Leveraging technology to monitor and track data movement
  • Validating account information for payments to reduce invoice fraud
  • Enriching transaction data with contextual information
  • Leveraging machine learning for more effective detection of terrorist financing activities

4:35 – 4:45

Chair’s closing remarks

4:45

End of day one and networking drinks reception