Agenda

8:00 – 8:50

Registration and breakfast

8:50 – 9:00

Chair’s opening remarks

9:00 – 9:35

REGULATION
Reviewing the regulatory landscape and changes on the horizon to prepare for

  • Minimizing impact to customers
  • Implementing ambiguous requirements
  • Reimbursement model impact on managing fraud
  • Reviewing the regulatory environment
  • Reviewing changes under the Economic Crime and Corporate
  • Transparency bill
  • Future of SARs under SARs reform
  • Reviewing the role of AML Authority in Europe

9:35 – 10:20

SANCTIONS – PANEL DISCUSSION
Reviewing the sanctions landscape and keeping up with continued and upcoming change

  • Managing unprecedented sanctions activity
  • Limited talent pool with sudden rise in demand
  • Driving efficiency and upskilling teams
  • Interaction with financial crime controls in place
  • Understanding and implementing sanctions
  • Data collection requirements for regulators across jurisdictions
  • Provision of services changes
  • Managing regulatory divergence post Brexit between UK and EU sanctions
Speaker-HS-1

Raj Shah, Head of Financial Crime Screening, Transaction Monitoring, Risk Assessment Models and Analytics, Santander UK

Speaker-HS-1

Arjun Ahluwalia, Trade and ESG Compliance Lead – Senior Advisor, Regulation, Shell

Speaker-HS-1

Adam Oyebanji, Managing Director, EMEA Head of Sanctions, BNY Mellon tbc

10:20-10:50

Morning refreshment break and networking

10:50-11:25

FBI – CASE STUDY
FBI: Foreign bribery, kleptocracy and high level money laundering

  • Tracing illicit funds across certain jurisdictions
  • Expansion of collaborating amongst law enforcement agencies globally
  • Collaboration to trace illicit funds
  • Awareness and training regarding foreign bribery and theft
  • Capabilities to investigate and prosecute
  • Approaches to expedite bank to bank request for information
  • Internationally and domestically
  • Reviewing Fincen top priorities
Speaker-HS-1

Patrick Killeen, Unit Chief-International Corruption Unit, FBI

11:25-12:00

METAVERSE
Understanding uses of the metaverse as a risk and opportunity

  • Introduction of the metaverse and proliferation of crypto assets
  • Identifying real tools with fake news
  • Managing ecosystem misinformation
  • Increased business case in the metaverse
  • Impact to proliferation of scams
  • Crypto and NFT scams in the metaverse
  • Law enforcement challenges to get ahead of technology

12:00-12:35

CRYPTOCURRENCY
Identifying financial crime and fraudulent activity with increased use of cryptocurrency and crypto assets

  • Identifying verifiable customer and asset information
  • Changes to investment strategies with crypto derivatives
  • Advancing education programs on crypto risks and scams
  • Identifying suspicious transactions and red flags
  • Processing transaction in a transparent and seamless way
  • Managing disparate crypto regulations
  • Identifying good governance in crypto
  • Finding a balance with crypto asset development with risk of exploitation
  • Implementation of SARs for crypto transactions
Speaker-HS-1

Sam Bawtree, Technology Enabled Money Laundering Subject Matter Expert, HMRC

12:35-1:35

Lunch break and networking

Fraud

1:45-2:20

FRAUD – PANEL DISCUSSION
Reviewing the fraud landscape and evolution of techniques and tactics to stay ahead

  • Managing increased tactics of criminals
  • Use of technology in fraud attempts
  • Use of remote access devices
  • Financial implications as techniques evolve
  • Impact to customer experience and reputation
Speaker-HS-1

Shyam Prasad Pratihari, Director – Fraud Risk – Financial Markets & Treasury, Standard Chartered Bank
Speaker-HS-1

Gareth Davies, Head of Fraud, Allianz Global Corporate & Speciality (AGCS)
Speaker-HS-1

Carlos Alberto D’Aiuto, Financial Crime Investigations Manager (2LoD), Shawbrook Bank

2:20-2:55

APP FRAUD
Monitoring techniques to identify authorized push payment fraud and protect customers

  • Protecting vulnerable customers
  • Tracking transactions to recover money
  • Increased use of bitcoin to reduce recoverability
  • Technology to detect APP fraud
  • Behavioral biometrics to monitor activity
  • Identifying and educating vulnerable customers
  • Updates and changes in APP fraud landscape

2:55-3:30

INVESTMENT FRAUD
Educating customers on investment fraud and identifying red flags to look out for

  • Advertisements of crypto as an investment
  • Social factors impacting investment decisions
  • Fast movement of criminals across products
  • Implementing internal controls to mitigate risk to customers
  • Gaining visibility across channels of communication
Speaker-HS-1

Gareth Dothie, Interim Head of Fraud Operations – Economic Crime Directorate (Acting Detective Chief Inspector), City of London Police

Financial Crime

1:45-2:20

SANCTIONS – PANEL DISCUSSION
Monitoring and detection methods for sanctions evasion and breaches

  • Identifying methodologies for sanctions evasion
  • Red flags to identify sanctions evasion
  • Beneficial ownership changes to avoid sanctions
  • Tactics of sanctioned entity to bypass sanctions
  • Tracking behavior patterns of sanctioned individuals
  • Monitoring for sanctions breaches
  • Capabilities of general due diligence
Speaker-HS-1

Chloe China, Head of Global Sanctions Advisory, Deutsche Bank
Speaker-HS-1

Anu Mathar Boyd, Head of FCC and MLRO, WBNL, ING

2:20-2:55

SANCTIONS
Reviewing geopolitical tensions and impact on future sanction environment

  • Preparation for potential China sanctions
  • Lessons learned from Russia
  • China readiness working group
  • Political implications and decisioning
  • Circumvention, investigation and enforcement
  • EU whistleblowing tool on evasion
  • Emerging typologies
  • Divergence across sanctioning authorities
  • Assessments on ownership and control with different sanctioning authorities
  • Managing different definitions across jurisdictions
  • Managing guidance on aggregated ownership
  • Impact of oil price cap
Speaker-HS-1

Riley Peterson, EMEA Head of Strategy and Governance, Global Financial Crimes Division, MUFG

2:55-3:30

AML
Reviewing the evolution of money laundering techniques and advances in risk mitigation

  • Managing outdated AML models
  • Reviewing potential of AI and machine learning within AML
  • Reliance on rules based transaction monitoring
  • Increasing efficiencies in response to alerts
  • Delivering efficiencies and cost reductions
  • Leveraging data for behavioral monitoring
  • Harmonization of AML legislation
  • Meeting AML and anti-bribery expectations whilst managing a business
Speaker-HS-1

Igor Sumkovski, Head of Financial Crime, China Construction Bank Corporation London Branch

3:30-4:00

Afternoon refreshment break and networking

4:00-4:35

COLLABORATION
Approaches to enhance public private collaboration in the fight against fraud and financial crime

  • Role of the serious fraud office
  • Benefits and crossovers of collaboration
  • Utilizing partnerships to mitigate fraud and financial crime
  • Leveraging private sector knowledge and expertise
  • Advancing technology utilization
  • Utilizing public sector knowledge and experience
  • Increased appetite to adopt UK model
Speaker-HS-1

Nick Lewis, Managing Director, High Risk Client Unit, Conduct, Financial Crime & Compliance, Standard Chartered Bank

4:35-5:20

SOCIAL MEDIA
Understanding interlinkages of social media and wider ecosystem’s role in enabling fraud

  • Increased visibility into personal data
  • Ofcom empowerment to police websites
  • Increased focus on social media predators
  • APP fraud within social media markets
  • Online Safety Bill in minimizing investment fraud online
  • Role of telecommunication, Bigtech and social media in enabling fraud
  • Enhancing controls to identify fraud
  • Implementing a financial imperative across the ecosystem
  • Use of deep fakes in celebrity endorsements
Speaker-HS-1

Ionela Emmett, Senior Manager, Financial Crime Controls, Risks and Policy & Advisory, ICBC Standard Bank

4:00-4:35

TRADE BASED MONEY LAUNDERING
Monitoring trade-based money laundering and approaches to identify criminal activity

  • Trade controls in different typologies
  • Approaches to check shipments
  • Identifying under and over invoicing
  • Impact of volatility of prices and exchange rates
  • Identifying product pricing in volatile environment
  • Approaches for price modification for trade money laundering
  • Alignment with sanctions, terrorist financing and other regulations
  • Developing good KYC data

4:35-5:20

TECHNOLOGY
Reviewing advances in approaches and technology capabilities in the management of financial crime

  • New technology to move funds and obscure from law enforcement
  • Proactive management of risks
  • Staying ahead of advancing technology evolution
  • Information sharing to track trends
  • Adapting to new technologies
  • Implementation and testing capabilities
  • Managing risks with limited legacy systems
  • Reviewing fintech capabilities
Speaker-HS-1

Deeptha Haturusinghe, AVP – Compliance Product Management, HSBC

5:20-5:30

Chair’s closing remarks

5:30

End of day 1 and networking drinks reception

8:00 – 8:50

Registration and breakfast

8:50 – 9:00

Chair’s opening remarks

9:00 – 9:35

IDENTIFICATION & VERIFICATION
Developing controls to enhance identification and verification with increased digitalization

  • Ensuring security with automated checks
  • Accountability of suppliers and banks
  • Testing to deliver data to suppliers
  • Increased use of digital 3D masks in verification videos
  • Capturing coercion and coaching on calls
  • Industry collaboration and insight sharing
  • Identifying trends
  • Leveraging available data to make informed and targeted decisions
  • Proliferation of uses of deep fakes in identification techniques
  • Developing stringent controls around access to services
  • Rise of audio chat bots

TRANSACTION MONITORING
Leveraging advanced technologies to improve transaction monitoring capabilities

  • Approaches to develop scenarios
  • Regulatory approaches to scenarios
  • Leveraging data to generate alerts
  • Uses across all types of fraud and financial crime
  • Transaction monitoring and sanctions
  • Enabling a balance monitoring capability within firms
  • Developing sustainable resources for transaction monitoring
  • Extended use of AI and machine learning
Speaker-HS-1

Paul Cain, Global Head of Research Analytics – Financial Crime (Group Function), HSBC

10:10-10:45

CYBERSECURITY
Driving continued cybersecurity awareness as risks continue to advance on companies and customers

  • Developing cyber resilience
  • Response plans in the event of a cyber attack
  • Cyber insurance and business continuity plans
  • GDPR risks and potential fines if data is not protected
  • Developing authentication practices
  • Biometric identification and geographic location
  • Identification metrics with increased work from home
  • Access to information with social media presence

10:45-11:15

Morning refreshment break and networking

Fraud

11:15-12:00

KYC & DUE DILIGENCE – PANEL DISCUSSION
Enhancing KYC and due diligence capabilities

  • Managing different jurisdictional requirements
  • Pattern analysis to identify suspicious activity
  • Gathering and sharing data
  • Limitations with data sharing across legal entities
  • Reviewing uses of utility companies to share resources
  • Resources to manage ultimate beneficial owners
  • Building risk profiles for clients to identify risk levels
  • Assigning appropriate due diligence
  • Segmenting population between risk categories
Speaker-HS-1

Jeff Smith, Assistant Vice President – Governance, Risk and Controls – Financial Crime Compliance, Crown Agents Bank
Speaker-HS-1

Divija Munot, Senior Due Diligence Officer, BNP Paribas

12:00-12:35

INTERNAL FRAUD
Managing increased internal fraud risk as economic volatility causes heightened risk

  • Reviewing access of individuals and teams
  • Implementing the right controls to limit reliance on one individual
  • Independent review
  • Developing independent checks and balances
  • Oversight and review practices beyond audit
  • Higher risk of internal fraud in volatility
  • Reputation risks of embezzlement
  • Processes and reviews for employee access
Speaker-HS-1

Alicja Hellak, Group Compliance Officer/ Compliance Reviews, Commerzbank AG

Financial Crime

11:15-12:00

FINANCIAL CRIME – PANEL DISCUSSION
Managing increased financial crime risk and opportunity in an adverse economic environment

  • Increased risk in negative economic environment
  • Resources to tackle financial crime
  • Cost reductions impacting compliance programs and risk mitigation
  • Doing more with less
  • Tactical transformation measures to leverage analytics
  • Impact of geopolitical tensions on financial crime
Speaker-HS-1

Karl-Johan Karlsson, Head of Frameworks – Group Financial Crime Compliance, Nordea
Speaker-HS-1

Kevin Newe, Assistant Director – Illicit Finance Strategy, HMRC
Speaker-HS-1

Hee Jung, Vice President, Financial Crime Advisory, Nomura

12:00-12:35

RANSOMWARE
Understanding implications of ransomware and financial crime view on payment as criminal financing

  • Risks of payment in event of ransomware attack
  • Terrorist and criminal financing
  • UK Treasury letter on ransomware
  • Information sharing in the event of an attack
  • Reporting to authorities and customers
  • Demonstrating to customers not exposed
  • Disclosing level of exposure

12:35-1:35

Lunch break and networking

1:35-2:10

LEGISLATION
Reviewing implications of Failure to Prevent Fraud and Economic Crime and Corporate Transparency Bills

  • Penalizing regulated and non-regulated companies for failure to prevent fraud
  • Overcoming failings of the Serious Fraud Office in fraud prosecution
  • Companies House verification and validation checks
  • Regulation of fake and cloned businesses
  • Monitoring companies with offshore beneficial ownership
  • Empowering Companies House to manage suspicious companies
  • Building a comprehensive approach to company registration

2:10-2:45

WHISTLEBLOWING
Whistleblowing: An alternative method of fraud detection to traditional fraud controls

  • Existing research on whistleblowing as a fraud detection method
  • Why whistleblowing is a better alternative to traditional fraud detection techniques
  • How whistleblowing currently operates as a method of fraud detection globally
  • Steps organisations should take when using whistleblowing as a fraud detection tool
Speaker-HS-1

Natalie Sookhoo, Vice President – CCO Investigations, Credit Suisse

2:45-3:20

PAYMENT FRAUD
Reviewing payment fraud approaches and educating customers on potential risks

  • Managing business email compromise
  • Supporting customers in event of a breach
  • Increased use of social engineering techniques
  • Best practice in detection methods
  • Impact of changes to reimbursement model
Speaker-HS-1

Vineet Saxena, Global Head of Fraud and Credit Control Services, HSBC tbc

1:35-2:10

SOCIAL
Monitoring for modern slavery and human trafficking and identifying risks

  • Increased focus from regulators and law enforcement
  • Inclusion of the human element of financial crime
  • Developing legal structures and frameworks
  • The role of banks in fighting modern slavery and human trafficking
  • Educating companies
  • Incorporating human elements into culture and conduct
Speaker-HS-1

Dr Liliya Gelemerova, Head of UK Financial Security, Crédit Agricole Corporate and Investment Bank (CACIB)

2:10-2:45

RISK ASSESSMENT
Advancing capabilities for anti-financial crime risk assessment

  • Reviewing full scope of risks
  • Trickle down effects
  • Developing data sets and system capabilities
  • Developing risk appetite and controls for products and customers
  • Investment in technology for risk assessments
  • Maintaining a compliance culture
Speaker-HS-1

Lordine Appiah-Huggins, Head of Quality Assurance, Commerzbank AG

2:45-3:20

FINANCIAL CRIME MODELS
Developing financial crime modeling approaches to more advanced capabilities

  • Advancing model documentation
  • Challenges with rules-based models
  • Moving to more advanced modeling techniques
  • Connecting the dots from rules based to advanced modeling
  • Maintaining explainability of models
  • Setting thresholds based on expert judgement
Speaker-HS-1

Behrouz Raftari Tangabi, Model Validator, ING
Speaker-HS-1

Yuan Li, Data Science Model Validation, ING

3:20-3:50

Afternoon refreshment break and networking

3:50-4:25

The multilateral finance institutions current trends in combating fraud and AML

  • Combating Fraud and Prohibited Conducts at international level:
  • definitions and instruments
  • MDBs Debarment procedures
  • MDBs AML/TF policies and implementation techniques
  • Sanctions: coverage, transposal and implementation
  • Proactive integrity reviews for early detection of fraud
Speaker-HS-1

Luigi Lu Marca, Deputy Group Chief Compliance Officer – Director, EIB

4:25-5:10

AI & MACHINE LEARNING – PANEL DISCUSSION
Implementing AI and machine learning and reviewing criminal approaches and use cases to mitigate risk

  • Implementing deep learning capabilities
  • Leveraging unstructured data and pattern analysis
  • How AI can change the dynamic of the fraud landscape
  • Leveraging behavioral analytics and improving biometric data
  • ChatGPT opportunities to manage and create risk
  • Leveraging technology as a tool and protecting against external uses
  • Deepfake, voice biometrics etc…
  • Filtering hype from real change opportunities
Speaker-HS-1

Andrew Fleming, MI and Reporting EMEA Lead, Deutsche Bank
Speaker-HS-1

Jim Hales, Head of Assurance for Financial Crime Prevention, UBS

5:10-5:20

Chair’s closing remarks

5:20

End of Summit

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