Agenda

Agenda

Responses to Financial Crime – AML & KYC | Agenda

Agenda timing is in HKT/SGT

08:4509:00

Registration

09:00 - 10:00

09:0010:00

Financial Crime in Asia: A focus on the Opportunities and Limitations We Face

09:00 - 10:00

  • Key emerging threats in the digital economy and how businesses structures and human resources  are adapting to tackle financial and conduct risk 
  • Interconnection of Financial and Conduct Risk
  • Introduction to AML, ABC and Sanctions in the current operating environment
  • The role of Fin-tech companies and their solutions to  AML, ABC and Sanctions 
David Leung

Anti-bribery & corruption manager ASP, financial crime compliance Asia Pacific

HSBC

10:0010:15

Morning break

09:00 - 10:00

10:1511:15

Current Compliance Environment and the Challenges Affecting Businesses in Asia

09:00 - 10:00

  • The overview of regulatory changes impacting AML, compliance and reporting
  • Examining FATF 4th Round of Mutual Evaluations and addressing latest compliance expectations and requirements
  • Assessing transaction monitoring at the FATF level and beyond that dives into a risk based approach 
  • Comparison of AML standards across different jurisdictions 
  • Examples of working practices and collaborative approaches towards sound AML programmes 
  • Exploring the current political climate and the impact it could have on sanctions

11:1511:15

End of Day 1

09:00 - 10:00

08:4509:00

Registration

09:00 - 10:00

09:0010:00

A Practical Look at How Successful AML Strategies Can Be Applied to Your Business

09:00 - 10:00

  • Understand the AML Function across the sector and differences between an organizations approach
  • Recognize the AML 5 Pillars of success to ensure AML strategies and programmes are aligned
  • Consider the regulatory audit and a proactive approach to reduce AML 

10:0010:15

Morning break

09:00 - 10:00

10:1511:15

How to remain compliant across a combination of AML, Anti-Bribery Corruption and Sanctions

10:00 - 11:00

  • Understand the environment and regulators expectations when contemplating transactional risk and the investigation process required
  • Examining  types of organisation structures and internal processes to ensure compliance 
  • Practical examples and solutions on how to embed all functions into your business
Ritankar Sahu

General counsel & head of compliance

MAXpower Corporation

Ritankar Sahu is the General Counsel & Head of Compliance at MAXpower Corporation, Asia's leading gas to power specialist and a key developer, owner and operator of small to medium gas-fired power plants. In addition to providing strategic business governance counsel to the Board, Ritankar focuses his practice on energy projects development, turnaround management, FCPA enforcement and special situations M&A. Prior to joining MAXpower, Ritankar was the Regional Corporate Counsel for Jacobs Engineering Group’s Asia operations, based in Singapore and Mumbai. He has also worked for Norton Rose (now Norton Rose Fulbright), at the firm’s London and Abu Dhabi offices with a practice focus on projects and project finance.

11:1511:15

End of Day 2

09:00 - 10:00

08:4509:00

Registration

09:00 - 10:00

09:0010:00

Investigation Techniques and Intelligence Collaboration: How We Can Work Together and Stay Ahead of the Criminals

10:00 - 11:00

  • Overview of existing internal and external investigation techniques and strategies
  • Latest approaches to implement  investigation strategies into an organization
  • Collaborative approach and the benefits of intelligence sharing in financial crime detection and prevention 

10:0010:15

Morning break

09:00 - 10:00

10:1511:15

Understanding Real-Time Data Processing for Fraud Detection and Risk Management

10:00 - 11:00

  • How data can be weaponized to combat financial crime
  • Exploring the latest advancements in machine learning and its positive impact of fraud detection
  • How to maximize data technologies to ensure fraud and financial crime is detected quickly and effectively
  • Consider real-time transaction processing and how to monitor and detect early

11:1511:15

End of Day 3

09:00 - 10:00

08:4509:00

Registration

09:00 - 10:00

09:0010:00

Making the Most of Machine Learning and Artificial Intelligence Applications in Financial Crime

10:00 - 11:00

  • Consider how machine learning and artificial intelligence is shaping are approach to AML, ABC and Sanctions
  • Understanding the balance between automation and compliance to maximize its effectiveness
  • How to instigate an intelligence led approach to tackle financial crime and methods to evaluate the data efficiently

10:0010:15

Morning break

09:00 - 10:00

10:1511:15

Mobile Payments and the Growing Impact on AML and ABC

10:00 - 11:00

  • Understanding the operating environment for mobile payments and increasing financial crime in Asia
  • Identifying processes and procedures to counter digital financial crime 
Ryu Nakasaki

Representative partner, attorney-at-Law

Nakasaki Sato Law Firm

Areas of expertise:

  • Internet Business
  • Financial Regulations including AML
  • Cross border Transactions Involving Japan 

History:
Graduate of Tokyo University.  Engaged in finance related cases at Nagashima, Ohno and Tsunematsu Law Office.  Seconded to the government (Ministry of Economy, Trade and Industry) for nearly three years, and engaged in (i) the supervision of credit card and finance lease industry, (ii) amendment of the Credit Card Act (formally the “Installment Sales Act”) and Act on Specified Transaction Act (which regulates internet sales transaction and door to door sales and such) and (iii) dealt with FATF investigation into Japan for the credit card and financial lease area.  Then, seconded and worked at Yahoo Japan Corporation and engaged in finance and advertisement/data business related area.  Thereafter, established Nakasaki Lawfirm, which was later renamed Nakasaki & Sato Law Firm.

Books

  • “Money Laundering Prevention Act and Foreign Exchange and Foreign Trade Act” (Chuo-Keizai Sha Holding Inc.,2019 [4th edition])
  • “International Comparative Legal Guide -Anti Money Laundering 2019”(Global Legal Group, 2019), Co-Author [wrote the Japanese Law part, Also wrote the 2018 edition]
  • “Data Strategies and Laws” (Nikkei Business Publications, Inc., 2018 editon, co-authored )
  • Detailed Explanation of the Revised Installment Sales Act (Kinzai Institute for Financial Affairs, Inc., 2010)

11:1511:15

End of course

09:00 - 10:00