EUROPE'S PREMIER INVITATION-ONLY EVENT
FOR ANTI-FINANCIAL CRIME LEADERS
September 17-18|Le Méridien Frankfurt, Germany
Exchange Day One - September 17
8:00 am - 8:45 am
EVENT REGISTRATION AND BREAKFAST
8:45 am - 8:55 am
EXCHANGE WELCOME AND CHAIRPERSON’S OPENING REMARKS
Mateo Jarrin Cuvi -
Global Manager for Partners & Media,
The Association of Governance, Risk and Compliance
Mateo Jarrin Cuvi
Global Manager for Partners & MediaThe Association of Governance, Risk and Compliance
8:55 am - 9:20 am
OPENING KEYNOTE PRESENTATION: UNDERSTANDING THE CURRENT REGULATORY ENVIRONMENT AND AN INSIGHT INTO FUTURE DEVELOPMENTS
Adrianna Fabijanska -
Global Head WB Financial Crime Compliance – Financial Markets and Products,
ING
- What impact will the creation of AMLA, and the move from anti-financial crime guidelines to a more defined regulatory environment, have on the financial sector across Europe?
- How will these impacts be felt by different forms of financial institution?
- Navigating the shift to a risk-based regulatory environment in the EU and beyond
- Overview of the latest regulatory developments globally; what impact will this have on regulatory direction in Europe?
Adrianna Fabijanska
Global Head WB Financial Crime Compliance – Financial Markets and ProductsING
9:20 am - 10:00 am
KEYNOTE PANEL DISCUSSION FOLLOWED BY AUDIENCE Q&A: ASSESSING THE IMPACT OF THE NEXT SET OF REGULATORY CHANGES AND UNDERSTANDING HOW TO BEST PREPARE FOR THESE CHANGES
Christian Dargatz -
Head of Group Compliance,
Unzer E-com
Sven Eisermann - Assistant Vice President, Commerzbank
Benjamin Franklin’s famous quote claims two things are inevitable – death and taxes. For those in the AFC or compliance field, you can add regulatory change as a third certainty, and a regulatory environment already known for complexity will – in the short term at least – continue to prove challenging.
Understanding the potential impact of forthcoming regulatory change is critical when preparing for the future, and this keynote panel session will consider:
- Will AMLA’s mandate to create a consistent enforcement environment across the EU level the playing field for financial institutions?
- What are the next steps in EU AML regulatory developments, and what can firms do to prepare here? What practical steps can you take now?
- How will the use of technology to identify and stop financial crime be impacted by the next stage in regulatory developments?
10:00 am - 10:25 am
KEYNOTE CASE STUDY WITH AUDIENCE Q&A: AN APPROACH TO USING MACHINE LEARNING WITHIN TRANSACTION MONITORING IN A COMPLIANT WAY
Christian Dahl -
Head of AFC Modelling,
N26
The use of machine learning by financial institutions in the fight against financial crime can bring advantages from many perspectives, but to fulfil all regulatory obligations within that context can be challenging.
This keynote case study will demonstrate an approach to use machine learning within Transaction Monitoring in a compliant way, whilst discussing the challenges which had to be solved before successful implementation.
10:30 am - 11:00 am
ONE-TO-ONE BUSINESS MEETINGS
10:30 am - 11:00 am
PEER-TO-PEER NETWORKING
10:30 am - 11:00 am
EXPERT THINK TANK: HOW CAN YOU MANAGE POTENTIAL SANCTIONS RISKS AT THE CLIENT ONBOARDING STAGE?
Claudia Martini -
Deputy Head of Compliance and Anti-Financial Crime,
CMC Markets
Sanctions adherence is an ongoing challenge to financial institutions, with new sanctions packages being released at seemingly shorter and shorter intervals and ever-more complex rules being introduced. Adherence to sanctions packages is mandatory and must be implemented immediately, and often requires significant investment of time and effort to do achieve.
This think tank will consider how gathering the right data at the initial onboarding stage, and focusing on due diligence processes, can be critical in ongoing sanctions adherence and how this impacts you onboarding processes – whether remote or in person.
11:05 am - 11:35 am
ONE-TO-ONE BUSINESS MEETINGS
11:05 am - 11:35 am
PEER-TO-PEER NETWORKING
11:35 am - 12:00 pm
EXPERT PRESENTATION: CRYPTO 101 AND AN INTRODUCTION TO THE WORLD OF CRYPTOCURRENCY – EVERYTHING YOU WANTED TO KNOW BUT WERE AFRAID TO ASK
11:50 am - 12:20 pm
ONE-TO-ONE BUSINESS MEETINGS
11:50 am - 12:20 pm
PEER-TO-PEER NETWORKING
12:05 pm - 12:35 pm
EXPERT THINK-TANK: TO BUILD OR TO BUY; IS NECESSITY THE MOTHER OF ALL INVENTION?
Emmanuël Martina -
Team Lead - Transaction Monitoring,
Lynx B.V.
Any regulated entity in the financial space is expected to use technology to improve their financial crime detection rates. Regulators require investment in this field to demonstrate full adherence with their AFC regulations, whilst from an operational perspective, the use of technology can provides an opportunity to automate tasks, provide more certain outcomes and help ensure human activity is focused on the area it can make the greatest difference.
However, for many, onboarding third-party technology can be a lengthy and expensive exercise, and for fintechs and other start-ups, there may be the complication of unique requirements which need bespoke technology to limit their financial crime risks – meaning a self-built tool can be a preferred option. At the other end of the scale, many major financial institutions have their own innovation groups, thus providing access to talented coders and technology creators – also opening up the opportunity to create tools which are specifically targeted towards and unique use case.
This session will consider the relative value of using internal expertise to create anti-financial crime technology specific to your business vs. working with an external solution provider. What are the ideal conditions to create your own technology and what challenges/risks does this bring to your organisation?
12:35 pm - 1:25 pm
NETWORKING LUNCH
1:25 pm - 1:50 pm
KEYNOTE PRESENTATION FOLLOWED BY Q&A: PROTECTING THE MOST VULNERABLE: HOW AN AGILE, INTELLIGENCE-LED & DATA-DRIVEN APPROACH MAY HELP IN TACKLING CHILD SEXUAL EXPLOITATION
Pierre-Alexis Martin -
Lead, AFC Intelligence and Threat Analytics,
N26
1:50 pm - 2:30 pm
PANEL DISCUSSION FOLLOWED BY AUDIENCE Q&A: OUTLINING THE CURRENT SANCTIONS ENVIRONMENT AND CREATING A FUTURE-PROOF APPROACH FOR A FIELD OF ONGOING CHANGE
Nassos Paltayian -
Head of Compliance,
Abacus Ltd
Mirella Klaric - Executive Director - AML Department, Privredna Banka Zagreb
Dr Julia Sommer - Head of Global Sanctions and Embargoes Regulation and Policy, Deutsche Bank
Benny Bernard - Group Head Embargoes / Sanctions / Counter Terrorist Financing, DZ Bank AG
With the EU’s 14th sanctions recently implemented, and further changes from the EU, UK and US bring brought in on a regular basis, the role of those managing sanctions exposure has never been more important.
- How can sanctions regulations be adhered to alongside the requirements outlined by the EU’s Instant Payment Regulation?
- Understanding the impact of article 5R and your approach to gathering data on ownership structures?
- Where can technology make a difference in your approach to the world of sanctions?
2:35 pm - 3:05 pm
ONE-TO-ONE BUSINESS MEETINGS
2:35 pm - 3:05 pm
PEER-TO-PEER NETWORKING
3:10 pm - 3:40 pm
ONE-TO-ONE BUSINESS MEETINGS
3:10 pm - 3:40 pm
PEER-TO-PEER NETWORKING
3:10 pm - 3:40 pm
EXPERT THINK TANK: DELVING INTO THE WORLD OF ULTIMATE BENEFICIAL OWNERSHIP – CREATING THE RIGHT APPROACH FOR YOUR ORGANISATION
Nikos Gitonidis -
Head of Compliance,
DZ Privatbank Schweiz AG
UBO checks are a vital way to ensure adherence to money laundering regulations. However, in this fast-changing environment, there are key challenges to overcome to ensure your UBO approach meets all the relevant regulatory requirements, and this critical discussion will focus on:
- How can you manage the challenges associated with the 25% threshold, and pre-emptively prepare for further changes here by reviewing KYC processes?
- What impact have the various privacy rulings around UBO registers had on periodic review processes, and how can these be overcome?
- How and where is technology able to assist with UBO strategies, and where are its limitations?
3:45 pm - 4:15 pm
ONE-TO-ONE BUSINESS MEETINGS
3:45 pm - 4:15 pm
PEER-TO-PEER NETWORKING
4:15 pm - 4:40 pm
EXPERT INTERVIEW: SPEED VS SAFETY IN CLIENT ONBOARDING: GETTING THE BALANCE RIGHT IN A WORLD OF AUTOMATED PROCESSES
Silvio Chetcuti -
Anti-Money Laundering Specialist,
Bank of Valetta
Expectations of immediate digital customer onboarding are now the norm in the financial sector across Europe. An approach once limited to fintechs and neobanks has now spread across all types of financial institution, and any consumer-focused institution who doesn’t offer this will quickly be left behind.
However, as criminals now have easy access to technology to create deepfake videos, voice cloning and other forms of identify masking, their ability to overcome automated KYC checks creates a new level of risk for those fighting financial crime. This panel discussion will delve into how to counter this, by focusing on the following areas:
- Does a need for quicker and easier onboarding make these risks unavoidable?
- What examples are there of criminals using technology to thwart automated KYC checks, and what steps need to be taken to help manage this growing risk?
- Where can increased human intervention in the KYC process help identify criminal attempts to open accounts?
4:40 pm - 5:05 pm
ONE-ON-ONE INTERVIEW: BUILDING A BALANCED RISK-BASED APPROACH TO A COMPLEX REGULATORY ENVIRONMENT
Dr Firas Nadim Habach -
Switzerland Head of Financial Crime Compliance,
Revolut
Daniel Saliba - Founder and Consultant, Lighthouse Compliance
AML and Fraud-based Regulatory requires are a critical aspect of compliance within financial institutions. Maintaining adherence to these is, of course, vital, and the risks of not doing so are huge – a challenge which is heightened by the ever-increasing number of regulations which must be adhered to and the ever-increasing pace of regulatory change.
However, in a risk-based regulatory environment, the risk appetite of individual firms informs their approach to adherence, and safety is often the best policy - often to leading to conservative approaches. However, this can potentially lead to unintended consequences; both business-based (i.e. hindering business growth opportunities), through to social challenges where those at most risk have the potential be excluded from the financial systems and the help they need.
In this one-on-one interview, Dr Firas Habach will explore how to find the right level of balance when considering this critical issue, whilst also considering where new technologies and developments in the fields of crypto and like might provide different and interesting challenges to overcome here.
5:10 pm - 5:40 pm
ONE-TO-ONE BUSINESS MEETINGS
5:10 pm - 5:40 pm
PEER-TO-PEER NETWORKING
5:40 pm - 5:40 pm
CHAMPAGNE ROUNDTABLE DISCUSSION GROUPS
Join our champagne round tables for an open discussion on some of the critical technology-based topics impacting the world of FCC leaders in the EU today
5:40 pm - 6:25 pm
ROUND TABLE DISCUSSION GROUP 1: WHERE CAN BEHAVIOURAL BIOMETRICS HAVE THE MOST SIGNIFICANT IMPACT IN IDENTIFYING FINANCIAL CRIME?
5:40 pm - 6:25 pm
ROUND TABLE DISCUSSION GROUP 2: REDUCING FALSE POSITIVES WHEN AUTOMATING TRANSACTION MONITORING PROCESSES
5:40 pm - 6:25 pm
ROUND TABLE DISCUSSION GROUP 2: 3. STRATEGIC DEPLOYMENT OF ID VERIFICATION IMPROVEMENTS WITHIN YOUR ONBOARDING PROCESS
6:25 pm - 6:30 pm
CHAIRPERSON’S CLOSING REMARKS AND END OF EXCHANGE DAY ONE
Mateo Jarrin Cuvi -
Global Manager for Partners & Media,
The Association of Governance, Risk and Compliance
Mateo Jarrin Cuvi
Global Manager for Partners & MediaThe Association of Governance, Risk and Compliance
