Welcome to the Anti-Financial Crime Summit
8-9 November 2023
| Millennium Gloucester Hotel London Kensington
Agenda Day 1
HOW DOES ECONOMIC CRIME WORK AND WHO DOES IT IMPACT?
8:15 - 8:50
Registration opens and pre-event networking
9:00 - 9:10
Chair's opening remarks
9:10 - 9:45
Opening keynote presentation - The anatomy of a scam, inside the criminal mindset, and how can you start to fight back?
Alex Wood -
CEO,
Reform Courses
9:45 - 10:15
Keynote Presentation – Outlining the impact of fraudulent communications on decision-making and self-protection strategies
Dr Elisabeth Carter -
Associate Professor of Criminology,
Kingston University
NAVIGATING THE REGULATORY AND LAW ENFORCEMENT LANDSCAPE
10:15 - 10:55
Keynote panel discussion: Understanding the current regulatory environment and a glimpse into the future
Kalle Johannes Rose -
Associate Professor,
Copenhagen Business School
Katarina Helde Cook - Head of Financial Crime, RBC Brewin Dolphin
Alicja Hellak - Group Compliance Officer, Commerzbank
Denisse Rudich - Founder, Rudich Advisory
- What will the impact of the latest UK Economic Crime plan be for the financial sector?
- Is there a need to redefine the ideas of an acceptable level of risk in the light of a risk-based regulatory dynamic?
- How will AMLA redefine the EU financial crime landscape, and what impact will this have on the individual regulatory relationships?
- Latest updates from the US and further afield; what will these changes mean closer to home?
- What impact is global economic uncertainty having financial crime risks?
10:55 - 11:20
Morning Break
11:20 - 11:45
Keynote presentation: An overview of the role of law enforcement in the fight against financial crime
Nik Adams -
Assistant Commissioner / National Coordinator of Economic Crime,
City of London Police
Nik Adams
Assistant Commissioner / National Coordinator of Economic CrimeCity of London Police
THE CRITICAL NEXUS OF TECHNOLOGY, HUMAN INTELLIGENCE AND THE INSIGHT GIVEN BY DATA
11:45 - 12:10
The power of innovation to streamline beneficial ownership discovery
Steve Lamb -
COO,
Kyckr
- Why is accurate UBO data so hard to find and how are governments addressing this?
- What are the challenges faced by financial crime teams in uncovering and verifying UBOs?
- How combining business data with the latest automation technology can lead to huge time efficiencies in investigations.
12:10 - 12:50
Panel discussion: Maintaining the right balance between technology reliance and human input across the first and second lines of defence
Michael Harris -
Founder,
FCC Consulting
Michael Blackwell - Head of AML/CTF, Coinbase
Brian Swainston - Deputy MLRO, UK Head of FCC Advisory, Fidelity International
Vangelis Tsianaxis - Head of Controls, Models and Analytics, Santander UK
- Rule customization and defining what to do with outputs; what is the optimum level of input from the 1st line technology users and the compliance teams overseeing this process?
- Defining skillsets and training needed across the business to meet a changing technology environment
- How can you understand your regulators’ view of technology and use it accordingly?
12:50 - 13:15
Expert presentation: Using data to detect and mitigate financial crime
Grant MacDonald -
Director of FinCrime Market Engagement,
Experian
13:15 - 14:20
Lunch
FRAUD / AML STREAMS
Stream A - FRAUD
14:20 - 14:25 Fraud stream chairs' opening remarksStream A - FRAUD
14:25 - 14:50 Expert presentation: Overview of the current fraud landscape – methodologies, causes and what the future holds Claire Maillet - PhD Researcher - Researching Insider Fraud, University of Portsmouth- Pig butchering, synthetic ID fraud, deepfakes and beyond; what are the latest fraud methodologies to be aware of, and what does tomorrow potentially hold?
- To what degree does the emphasis on faster transaction and onboarding lead to greater fraud risks? Can you overcome these and still offer a frictionless client experience?
- Understanding the latest regulatory environment and response to fraud threat
Stream A - FRAUD
14:50 - 15:20 Expert presentation: Illuminating the threat of call centre fraud – outlining common methodologies and managing risk in this field Matthew Addison - Chief Revenue Officer, SmartnumbersKnow your enemy; understanding call centre fraud and delving into how criminals apply this within their financial crime plans
What can be done to make life difficult for the fraudsters: mitigating risk through implementable strategies, applying usable insights, and understanding the role which technology can play here
Outlining the opportunities for collaboration across the financial sector to combat this risk
What does the future hold? How will technology change criminal activity, and how to future-proof your organisation against this ever-changing threat
Stream A - FRAUD
15:20 - 16:00 Panel discussion: Assessing the potential impact of the fraud reimbursement proposals within the Financial Services and Markets Bill Martin Schofield - Training Development and Delivery Specialist, London Governance and Compliance AcademyChris Oakley - Independent Financial Crime Expert, .
Christine Drabble - UK Head of Compliance and MLRO, .Transwap
Natasha Powell - Chief Compliance Officer, BCB Group
- Does the current focus on fraud move this from a bottom-line concern to a more regulatory requirement?
- How will the PSR’s fraud reimbursement proposals impact the UK-based financial institutions, and who will this impact most? How will consumers be impacted?
- What practical changes can help negate the impact of these proposals?
- What will the next steps in fraud regulation be, once the PSR proposals are implemented?
- Delving into the vulnerable customer / gross negligence definitions
Martin Schofield
Training Development and Delivery SpecialistLondon Governance and Compliance Academy
Stream A - FRAUD
16:00 - 16:25 Afternoon Networking BreakStream A - FRAUD
16:25 - 16:50 Expert presentation: Radical ideas: what would it take to eradicate APP scams? Yaro Zozulya - Innovation Director, ID&F, ExperianHow far is the industry willing to go to eradicate APP scams completely? This session will pose a thought-provoking view into the answering the following questions:
- Why APP scams will still exist after April 2024?
- What if we played by the same “rules” as fraudsters do?
- What can be done today to make a difference to combatting money mules?
Stream A - FRAUD
16:50 - 17:30 Panel discussion: What role should technology and social media companies take in the fight against fraud? Ionela Emmett - Senior Manager, Financial Crime Controls, Risks & Policy, ICBC Standard BankDr Alison Lui - Assistant Dean, Global Engagement and and Reader in Corporate and Financial Law,, Liverpool John Moores University
Daniel Saliba - Group Chief Risk and Compliance Officer, and MLRO, Optimus Cards
Mateo Jarrin Cuvi - Global Manager for Partners & Media, The Association of Governance, Risk and Compliance
- What are technology companies currently taking in the fight against fraud, and where are there still significant gaps?
- Is there potential to include tech / social media companies in the fraud reimbursement proposals? What impact would this potentially have on proposal delivery?
- Internal investment in fraud mitigation strategies vs public education vs enforcement; what will drive genuine change?
Dr Alison Lui
Assistant Dean, Global Engagement and and Reader in Corporate and Financial Law,Liverpool John Moores University
Mateo Jarrin Cuvi
Global Manager for Partners & MediaThe Association of Governance, Risk and Compliance
Stream A - FRAUD
17:30 - 17:35 Fraud stream chair’s closing remarksStream B - AML
14:20 - 14:25 AML Stream chairs' opening remarksStream B - AML
14:25 - 14:50 Expert presentation: Implementing AI technology in your AML approach Colin Whitmore - Financial Crime Strategy, Innovation and Design Lead, NatWestWhat is the potential for AI in the fight against financial crime; to what degree can this technology ever truly replace human expertise?
Ensuring technology is considered an investment and not a cost – demonstrating value in an AI-based approach
How do you assess the value of AI investment and determine where deployment offers the best value?
Stream B - AML
14:50 - 15:20 One-to-one discussion and practical advice – Placing the MLRO and compliance requirements at the centre of business decision-making Malcolm Dallas - MLRO, CenttripDilip Degamia - Anti-Financial Crime and Compliance expert, Independent
- What are the typical barriers to the MLRO / Chief Compliance Officer having a genuine seat at the table when it comes to giving compliance input to business decisions?
- How can you change an embedded structure and move the role of MLRO more centrally within the business?
- Practical examples of where this has worked well and the value this has given – defining the value this can offer
Stream B - AML
15:20 - 16:00 Panel discussion: Pushing through the hype - building a crypto-specific AML strategy Professor George Samakovitis - Professor of FinTech and Deputy Head of School of Computing & Mathematical Scien, University of GreenwichZwelli Burns - Senior Director, Compliance Technology and Crypto, Paysafe
Paul Munson - MLRO, Optimus Cards
James Barclay - Compliance Manager & MLRO, Coinpass
- Identifying the differences – and similarities – in a crypto-specific AML strategy
- What opportunities does blockchain offer for both for both financial crime risk management and regulatory developments?
- How will the latest criminal methodologies impact your policies re: crypto
- Blockchain-embedded compliance rules and other technology which can potentially make a difference here
Professor George Samakovitis
Professor of FinTech and Deputy Head of School of Computing & Mathematical ScienUniversity of Greenwich
Stream B - AML
16:00 - 16:25 Afternoon Networking BreakStream B - AML
16:25 - 16:50 Expert case study: Overcoming the challenges of data sharing by identifying and sharing transaction monitoring patterns Kalle Johannes Rose - Associate Professor, Copenhagen Business SchoolIn this expert case study, we will discuss the potential in sharing transaction patterns between financial institutions to better identify and manage financial crime risks – especially when this can help overcome the typical regulatory challenges around data sharing / mutualization to achieve the same outcome. We will consider where this approach can make a tangible difference in identifying financial crime, what the practical limitations of this can be, and the role regulatory bodies have (or should have) in such a strategy.
Stream B - AML
16:50 - 17:30 Panel discussion: Managing your sanctions risks in an uncertain world Sophio Tabatadze - Head of Sanctions Advisory, Group Financial Crime Compliance, Danske BankDenitsa Rebaine - Sanctions Expert, Global Banking Group
Emily Dias - Director Group Sanctions Specialist, Standard Chartered
Lauren Zimman - Global Financial Crime Compliance Sanctions Advisory Lead, ICBC Standard Bank
Anila Haleem - Manager Sanctions & Export Controls - Economic Crime, UK Finance
What are the latest sanctions packages in the UK and EU, and where will these have the greatest impact?
Finding alternatives to de-risking in an unstable environment
Where can technology make a positive impact in your sanctions strategy
Methods to detect and stop sanctions circumvention in the face of continued regulatory updates
Balancing the business / client need for instant payments with sanctions rules adherence
