09:00 – 09:10

Welcome Remarks

Hue Dang, CAMS-Audit, Global Head of New Ventures | Senior Asia Pacific Leader, ACAMS

09:10 – 09:30

Keynote Address

09:30 – 10:10

Regulatory Update: Analyzing Global AML Trends and New Developments

• Assessing recent regulatory developments and guidance to establish best practices for meeting evolving regulatory expectations

• Understanding the global hot topics and the direction of AML/CTF requirements going forward

• Updating FATF upcoming landmark topics that may be useful for your compliance program

Speaker

Hue Dang, CAMS-Audit, Global Head of New Ventures | Senior Asia Pacific Leader, ACAMS

10:10 – 10:30

Morning Break

10:30 – 11:20

Workshop: CDD Deep Dive (Part One: Identifying and Disrupting the Misuse of Legal Persons)

• Understanding typologies of misuse of legal persons, including Pass-Through Transactions, Round-Tripping Activities, use of Non-bank Intermediaries, Physical Movement of Cash Across Borders, Tax motivated transactions

• Analyzing how criminals crush the blind spots and vulnerabilities of financial institutions' customer identification programs and KYC requirements

• Integrating best practices on how to identify the beneficial owner of your entity-customer at client onboarding and throughout the client lifecycle

Speaker

WANG Ye, Head of AML/CFT Compliance, SVP, UOB (China) Co. Ltd.

11:20 – 12:10

Workshop: CDD Deep Dive (Part Two: Effective Management and Governance of High-risk Customers)

• Distinguishing the customer's money laundering and Terrorist Financing risk characteristics and conduct targeted due diligence

• Learning how to identify, mitigate and manage money laundering and Terrorist Financing risks by undertaking Source of Wealth (SoW) and Source of Funds (SoF) checks at FIs’ Private Banking/Wealth Management (PB/WM) customer segments

• Assessing how new technologies can support your organization’s KYC & CDD program

12:10 – 12:30

Best Practice: CDD Deep Dive (Part Three: How to Identify Beneficial Ownership in a Not-so-transparent World)

• Centralizing beneficial ownership data is a complex decision

• Recognizing the quality of self-reported beneficial ownership data is a concern

• Accessing to the beneficial ownership data across jurisdictions remains challenging

12:30 – 13:30

Noon Break

13:30 – 14:30

Knowledge Sharing: The Changing Global Framework for Trade: Impact on Global Supply Chains

• Learning key financial crime risks related to changes in supply chains, including sanctions evasion risks linked to trade, human rights, corruption, and sectoral sanctions, but also other relevant risks (e.g., environmental crime)

• Establishing mechanisms to enhance more detailed understanding of sanctions and regulatory obligations across the public-private sector

• Sharing best practices for collaboration in the context of conflicting legal frameworks (sanctions regimes, national legislation, administrative procedures, etc...)

14:30 – 14:50

Afternoon Break

14:50 – 15:40

Perfecting Your Suspicious Transaction Report (STR) Writing Skills

• Discussing the elements of a good STR

• Reviewing cases studies to determine areas of improvement such as ensuring narrative is complete, sufficient and timely, and conforms to regulatory guidance

• Exploring strategies to ensure quality STR filings like creating an initial outline based on determined facts to identify supporting data and discard irrelevant information

15:40 – 16:40

Panel Discussion: All Together Now: The Future of Information Sharing in AML

• Examining the latest challenges and changes in global AML regimes and current information sharing frameworks

• Assessing how public-private and private-private information frameworks can strengthen your AML program

• Understanding how technology can better enable secure, effective, efficient, and predictive crime-fighting

Speaker

Elaine Tong, Supervisory Money Laundering Reporting Officer (MLRO), Asia, Bank of Montreal (China) Co. Ltd

16:40 – 16:50

AML Knowledge Quiz

16:50 – 17:00

Closing Remarks

Lynn Li, CAMS-Audit, AML Director – Greater China, ACAMS