The tension between data privacy and information sharing to fight financial crime is a global issue. As with many financial innovations, the Baltics are in the forefront of new developments. This session will assess cross-border challenges to information sharing and potential ways to overcome them, including how proposed changes to Lithuania’s regulatory framework would render information sharing between financial institutions easier. The panel will also look at takeaways from a flagship 2023 project by the IMF involving Baltic and Nordic countries, which concluded that “public-private and private-private data-sharing mechanisms can help enhance understanding of ML/TF risks as well as enhance efficiency and may reduce cost of compliance.”

Moderator:
Alexandre Pinot, CAMS, Co-Founder, AMLYZE, Board Member, FinTech Hub LT, Co-Chair, ACAMS Baltics Chapter

Presenters:
Karīna Lindava, CAMS, Head of Anti Financial Crime, Member of the Management Board, Swedbank

Eglė Lukošienė, Director, The Center of Excellence in Anti-Money Laundering

Toms Platacis, Head, FIU Latvia, Board Member, ACAMS Baltics Chapter