Anti-Money Laundering & other Financial Crimes |

About Event

Introduction

The introduction of technology has created no physical boundaries between the markets, the people, and the financial systems; during the end-of the first and the beginning of the second decade of the twenty-first century, apart from the different geopolitical matters and issues, there is an evolution of the mass communication, social media, virtual assets, and technology-based financial inclusion among others. Inevitably, the illegal activity and financial crime have equally increased in criticality and importance; the members of this illegal ecosystem and the legal prosecutors and Regulators have increased the efforts to identify and mitigated new emerging risks added on top of the long existing ones.

This program is design to address these emerging risks and provide an overview of those as well as the risk mitigation procedures that are currently in place worldwide.

Training Scope

The scope of the training program is to provide the participants with the detailed knowledge and the know-how Anti-Money Laundering, Terrorist Financing, Financing of Illicit Organizations, and other Financial Crime – including fraud – is identified, investigated, and ultimately reported to the Law Enforcement for further actions.

The training program includes both business and financial areas that are considered as legacy financial services provision, and new products and services provided by FinTech’s, Virtual Assets Service Providers (VASPs) and Designated Non-Banking Businesses and Professions (DNFBPs).

Duration

The Training Program Duration will be delivered over two (2) days and include both theoretical knowledge and practical examples to illustrate the principles.

Christos Christou

I am a professional Compliance Manager with 33 years of experience in the banking and non-banking financial services industry. I hold a banking degree from the Chartered Banker Institute, London – UK, and an MBA from the University of Liverpool. I am also a Certified Anti-Money Laundering Specialist
(CAMS) and a Certified Global Sanctions Specialist (CGSS), both certifications from ACAMS®. I have been also certified as a Blockchain & KYC Professional from the Blockchain Council Inc. and studying towards achieving another certification in crypto assets soon. I am practicing Regulatory Compliance and AML/CFT for more than 20 years, specializing in Corporate
Governance, Regulatory Compliance, AML/CFT, Sanctions, Advanced Analytics and Forensics, and RegTech/FinTech. I started my career from Banking Operations and after 4 years I was moved into the training and development department to provide training and guidance to all the front line (branch tellers and officers) within the retail banking sector. I became a group trainer due to my excellent knowledge in lending and payments for 5 years. I have been transferred to Group Projects in early 2001 and became the Group Compliance Project Manager after the 9/11 terrorist attack in the USA; due to strict changes in the AML Regulations, I have been working with the group compliance team to design and implement policies, procedures, systems, and controls in every company. For more than a decade I worked in different management positions within the Group Compliance Division. Based on my extensive knowledge and training skills, for 15+ years I also worked as a part-time adjunct lecturer for the Chartered Bankers Institute UK, other Professional Training Academies like EY Academy (Poland), and different Universities and Colleges in Europe. Even though it is my passion to work as an academic professional, due to my work commitments in Compliance the training and teaching cannot be done full-time.
Since 2013, I work as the Group Chief Compliance Officer for Lulu Financial Group; a group of companies that offer money remittance and foreign currency exchange products in multiple countries within GCC and APAC regions. I am directing the Compliance Division of the group that has presence in 10 different
countries, and my compliance team currently consists of 56 members worldwide. I am an active member of the Task Force of ACAMS® for exam writing, conferences, and subject matter
experts’ panels; I attend different discussion panels for many different conferences organized by the Compliance Community worldwide, including ACAMS®, and we work within ACAMS® to write exam questions for all their certifications offered to the public. I am an active member of the Private Public Partnership Sub-Committee, within the AML Executive Office of the United Arab Emirates, representing the payments industry in different working groups. We work with the public sector (ministries, regulators, and prosecutors) to define and implement Laws,
Regulations, Guidelines etc. that enhance the Anti Money Laundering, Counter the Financing of Terrorism and Non-Proliferation efforts of the country

Join us on 15th & 16th June 2023 ,Holidayinn Mumbai International Airport

Register Today

1. A thorough understanding of the global financial crime compliance landscape

• Examining the effects of rising political unpredictability and economic change
• Sanctions, and the effect of geopolitical instability in the financial crime risks
• Cybercrime, and the combating mechanisms

2. Factors affecting compliance procedures

• Examining the dominant forces that are reshaping regulatory frameworks
• Assessing the management of systemic risk by businesses worldwide during COVID-19 pandemic period
• Predicting the future of financial crime compliance in the post-COVID-19 pandemic period

3. Prevention of predicative offences of financial crime using Artificial Intelligence (AI) and Machine Learning (ML)

• A description of recent tools and methods used by criminals and financial crime offenders
• The role that technology plays in detecting and preventing risks within environments powered by AI
• Researching the ways in which ML is altering how organizations run their Financial Crime Prevention methods

4. AML compliance and financial fraud

• Trends and suggested methods for fighting fraud and Money Laundering
• Most recent and popular AML and anti-fraud techniques
• What constitutes “normal behavior” and how can differences been identified

5. Locating gaps in the legal and regulatory framework

• Analyzing global guidelines and best practices for implementing an overall anti-Financial Crime regime
• Completing your governance framework and system’ gaps while taking precautionary measures to assist business growth

6. How do banks and other financial institutions combat financial crime derived from cyber-crime

• The use of blockchain to reduce financial crime
• The future of risk management and the next steps to protect customers/consumers
• A summary of the current controls used to protect customers/consumers from fraud
• Lessons learned from the COVID-19 pandemic period and a look at the risks and vulnerabilities that organizations will soon be facing
• Recent developments of the digitally enabled “platform economy” have resulted in the need for parameters for collaboration with third parties for risk management solutions that mitigate financial crime and operational risks

Key Topic to be Covered

Who Should Attend

C level executives CEOs, CFOs, COOs, Directors, Vice Presidents,
Heads, General Managers and Senior Managers of banking industry
with responsibilities of:
• Fraud prevenon & investigaon
• Internal audit
• Internal control
• Compliance and Corporate governance
• Legal and Risk management
• Anti-money laundering
• Operational risk
• Financial crime
• Credit management
• Cyber Digital Audit
• IT Security
• Business Continuity management
• Operations risk
• Treasuery
• Finance control.

Pricing

Package	Delegate	Standard Rate
Hard Copy + Soft Copy of Training Material + Break fast + Luncheon + Evening refreshments	Indian Clients	35000₹ + tax per delegate

*Additional GST of 18% is applicable.