Pallavi Kapale
Senior Financial Crime Officer - Financial Intelligence Unit (FIU), Financial Crime and Compliance Department - Bank of China (UK) Limited
Pallavi is a seasoned professional with a wealth of experience in Financial Crime across the 1LOD and 2LOD. Her expertise has been honed through her tenure in several high-street banks. Currently she serves as a Senior Financial Crime Officer in the Financial Crime Intelligence Unit at the Bank of China.
Pallavis professional background is marked by her specialization in key areas of Financial Crime. She is an expert in Anti-Money Laundering (AML) fraud prevention/investigations conducting bank-wide trainings and risk assessments.
Pallavi holds an ICA Diploma in AML and is a Member there. She also has an ICA Advanced Certificate in AML and is an ICA Certified Financial Crime Investigator. She regularly writes articles on financial crime topics on LinkedIn. Pallavis commitment to financial crime is further demonstrated through her dedication to training and educating her team and mentees fostering a knowledge-sharing culture. She is also a member of many networking groups in financial crime.
Despite Pallavis technological proficiency she doesnt prefer to use NFC payment methods.
All Sessions by Pallavi Kapale
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
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?