Agenda

Registration and breakfast

Chairman of Day 1

Chair’s opening remarks

STRATEGY

Keynote session: Recalibrating Risk Intelligence: Financial Crime in a Shifting Global Risk Landscape

• Understanding how geopolitical instability, economic uncertainty, and rapid regulatory shifts are reshaping financial crime exposure across institutions
• Why forward-looking, intelligence-led risk frameworks are essential for identifying and mitigating emerging financial crime threats
• Managing cross-border compliance complexity amid tightening sanctions regimes, evolving AML directives, and rising enforcement action
• How institutions can better integrate financial crime into overall risk appetite, governance, and capital planning in today's high-risk climate

DUE DILIGENCE

Session: Know Your Customer, Know You’re Compliant: Due Diligence Best Practice

• Establishing a robust risk assessment model ensuring focused compliance efforts
• Implementing best practices for accurately identifying beneficial owners through advanced verification techniques and cross-referencing
• Developing a clear framework for understanding the purpose and nature of customer relationships, including transaction patterns and expected behaviours
• Examples of using automated KYC platforms and machine learning to increase due diligence efforts

RISK-BASED APPROACH

Panel Discussion: Adaptive AML Compliance: A Risk-Based Strategy for Unique Challenges

• Tailoring risk assessment frameworks to the specific context of financial institutions, ensuring a targeted approach to AML compliance
• Aligning compliance strategies with identified high-risk areas, including customer segments, regions, and transaction types
• Setting proactive and responsive AML frameworks to continuously monitor and reassess risk profiles in light of emerging threats and regulatory changes

Coffee and networking break

DATA

Session: Mind the Data Gap: Why Quality Matters in Your AML Strategy

• Data quality and how it is affecting AML strategies and other financial crime areas in financial services
• Identifying prevalent issues such as data silos, inconsistencies in customer information, and lack of standardisation across systems that hinder effective AML compliance
• Instituting robust data governance frameworks that include data ownership, quality controls, and regular auditing to improve data integrity – best practices

AI

Panel Discussion: Optimizing AI-Powered AML: Strengthening Data Quality for Enhanced Fraud Detection

• Addressing implications of poor data quality on AI performance and likely solutions
• Exploring practical mechanisms for integrating real-time data verification methods to enhance data reliability and compliance efficiency
• Facilitating collaboration between financial institutions and tech providers to continually assess and improve data quality, ensuring AI models are trained on accurate datasets
• The importance of implementing robust remediation programs and choosing the right data governance systems to safeguard organisational AML initiatives

Luncheon welcome address

Lunch

TECH & INNOVATION

Keynote session: The Future of Compliance: Adapting Anti-Money Laundering Strategies in the Age of Technological Innovation

• Analyzing how financial technology innovations are reshaping the AML landscape and necessitating a re-evaluation of compliance frameworks
• Identifying new money laundering risks stemming from digital platforms and their implications for AML strategies
• Exploring the role of advanced data analytics and machine learning in improving transaction monitoring and enhancing the detection of suspicious activities
• Diversifying the approach to adapting to innovations: the need for tailored solutions that align with specific operational goals

SAR (Suspicious Activity Reporting)

Session: Decoding the Key to Effective SAR (Suspicious Activity Reporting) Models

• Ongoing difficulties in collecting and analysing relevant data to identify suspicious activities effectively
• Examining the impact of the latest regulatory updates on SAR protocols and the need to adapt quickly to evolving expectations from regulators
• How to balance the need to maintain efficient operations and commercial interests with adhering to SAR requirements
• Importance of training of employees involved in SAR processes to enhance their understanding of regulatory requirements, improve detection capabilities, and foster a proactive culture around reporting

EMERGING TECHNOLOGIES

Panel Discussion: Harnessing AI for AML: Technology-Driven Strategies to Combat Digital Financial Crime

• Navigating the complexities of transaction anonymity and regulatory oversight within Decentralized Finance (DeFi) platforms, leveraging AI for enhanced monitoring
• Overcoming challenges in detecting and regulating suspicious activities within cryptocurrency exchanges through AI-powered transaction analysis
• Addressing the potential pitfalls of AI-driven AML analytics, including bias, transparency concerns, and the necessity for robust human oversight in decision-making
• Strengthening digital identity verification in diverse markets using AI-driven authentication solutions to mitigate money laundering risks posed by inadequate verification processes

Coffee and Networking Break

TRANSACTION MONITORING

Session: Who’s On Watch? Strengthening Compliance Through Automated Transaction Monitoring

• Latest regulatory standards and expectations for transaction monitoring that organizations must adhere to in their automated systems
• Case studies of effectively implemented automated transaction monitoring systems and the impact on compliance and operational efficiency
• Identifying common obstacles such as integration with existing systems, data quality issues, and resource constraints, and discussing possible solutions
• AI and big data analytics, and their potential to enhance transaction monitoring capabilities, enabling real time anomaly detection and enhanced risk mitigation

COLLABORATION AND COMMUNICATION

Panel Discussion: Partnerships in Practice: How Internal and External Alliances can Strengthen AML Strategy

• How to establish successful cross-departmental collaboration (between compliance, legal, and risk management teams) to improve information sharing and more effective AML responses
• Fostering open communication and partnerships with regulators to help navigate compliance challenges and clarify reporting expectations
• Collaboration with law enforcement in AML efforts, such as joint task forces or information-sharing initiatives
• Information sharing between financial services institutions – how to achieve the most efficiency?

Networking Drinks Reception

END OF DAY 1