Using your compliance budget wisely is the key to a smart, productive program, especially as costs skyrocket. Worldwide spending for financial crime compliance was estimated to be $274 billion in 2022, according to a Thomson Reuters report, and that doesn’t include the costs of non-compliance. The key is for financial institutions to focus spending in ways that make a difference. The problem is that many leaders in AFC/AML compliance say there’s a substantial gap between understanding the need for smart budget strategies and the actual execution. This interactive workshop will focus on how a three-sided plan of people, process and technology can make for productive compliance. We will examine best practices for using limited funding to adhere to AFC regulations.

Key Areas Covered

• Being the change agent that enables your organization to execute AFC controls
• Using technology, both short-term and long-term, to achieve effective compliance
• Achieving efficiencies in implementing AFC regulations effectively
• Creating repeatable feedback loops to develop and execute policies

Who Should Attend

• Compliance Officers
• AML Professionals
• Consultants
• Risk Managers

Facilitators: 
Shilpa Arora, Head of Anti-Financial Crime Products and Solutions, ACAMS

Dr. Liliya Gelemerova, Head of UK Financial Security, Crédit Agricole CIB

Dr Mark Turkington, Advisor, Clientism