APAC Update: Strategies for Handling Growing Compliance Challenges

  • When: December 9, 2016
  • Time: 10:00 – 11:00 HKT
  • Level: All

Corruption scandals, trade-based money laundering and rapidly changing sanctions requirements are among the complex challenges facing compliance professionals throughout the APAC region. This webinar examines these and other regional challenges, providing concrete guidance for regional financial institutions to combat emerging threats, strengthen compliance effectiveness and refine existing AML models to address regulatory changes in a robust manner.

Learning Objectives

  • Detailing recent sanctions changes to assure current practices meet regulatory requirements
  • Training staff on phantom shipping and other trade-based money laundering typologies to strengthen transaction monitoring
  • Reviewing the Panama Papers case to aid monitoring of PEPs, shell firms and offshore havens

Who Should Attend

  • Compliance Officers
  • Sanctions Risk Managers
  • Law Enforcement
  • Legal Advisors
  • Trade Financing Specialists

Region/Sector

  • Asia-Pacific
  • Africa
  • Caribbean
  • Europe
  • Latin America
  • MENA
  • North America
  • Bank
  • MSB
  • Securities

Moderator

Hue Dang
  • Hue Dang, CAMS-Audit

  • Head of Asia
  • ACAMS

Bio

Ms. Dang is the Head of Asia of ACAMS, having established its regional head office in Hong Kong in 2008. Ms. Dang has more than 20 years’ experience in banking and finance. Prior to ACAMS, she was a Bank Examiner at the Federal Reserve Bank of Boston, Manager with Barclays Capital’s Investment Banking Division in Singapore, Director for Business Development at Citibank’s Global Consumer Banking Group in Singapore and Director of Business Development, Asia/Pacific, for Thomson Financial in Hong Kong. Ms. Dang holds educational degrees from the US, with a Bachelor of Arts Degree with honors from Amherst College and a Master in Public Policy from Harvard University, John F. Kennedy School of Government.

Speakers

Scott Burton
  • Scott Burton, CAMS

  • Managing Director, Regional Head for Financial Crimes Compliance – Asia Pacific
  • JP Morgan Chase

Bio

Prior to joining JP Morgan in June 2013, Mr. Burton was a Managing Director and the Global Co-Head of Anti-Money Laundering, Sanctions and Anti-Corruption Compliance at Credit Suisse. He joined Credit Suisse First Boston in 1998. Mr. Burton has been based in Hong Kong since 2002, having also worked for Credit Suisse in Sydney, Australia. Prior to joining Credit Suisse, he worked in Management Consulting and Investment Banking in both Australia and the United Kingdom.

Mr. Burton holds Bachelor degrees in both Arts and Economics from the University of Queensland and a Post Graduate degree in Applied Finance from the Securities Institute of Australia. He is a Fellow of the Financial Services Institute of Australia and is a Certified Anti-Money Laundering Specialist (CAMS) and Board Member, HK Chapter ACAMS. Scott is recognized as a subject matter expert and is frequently requested to speak at industry seminars and conferences.


A.R. Demeter
  • A.R. Demeter, CFE, CAMS

  • Managing Director
  • Citigroup Security & Investigative Services (Hong Kong)

Nicholas Turner
  • Nicholas Turner, CAMS

  • Attorney – FCC Practice
  • Clifford Chance

Bio

Mr. Turner is an attorney in Clifford Chance’s Hong Kong office, where he specializes in financial crimes advisory including economic sanctions and anti-money laundering compliance for the financial services sector. Mr. Turner is admitted to practice law in New York. He previously was a Senior Vice President for regional sanctions compliance at Citi Hong Kong and a Compliance Management Associate for Citi in New York and Los Angeles.

Mr. Turner’s financial crimes compliance experience in North America and Asia includes the trade finance, institutional, capital markets, and retail banking sectors, encompassing consent order remediation, risk assessments, training, and advisory functions, for both US and non-US financial institutions and corporate clients. His sanctions experience includes consent order remediation for a major US financial institution, as well as risk assessments, transaction monitoring, and sanctions advisory concerning policies and procedures, customers, and transactions, new-product approval, investigations, compliance testing, and capital markets due diligence in accordance with OFAC, United Nations, and APAC sanctions regulations. He has conducted sanctions compliance training seminars in the United States and Asia. His recent publications include “The Financial Action Task Force: International Regulatory Convergence Through Soft Law,” published in the New York Law School Law Review, in 2015, and “Regulation E: Compliance Challenges under the CFPB’s Remittance Transfer Rule,” published in the Journal of Taxation and Regulation of Financial Institutions, in 2013.

ACAMS Enterprise Members

If you are part of your company’s ACAMS Enterprise membership or if you have a paid webinar subscription, please login here to access the entire library including free and paid webinars.

Register Below