Rajeev Ahya

We asked our programme director, Rajeev Ahya, why you should attend this year’s Nordics Anti-Financial Crime Symposium (Copenhagen, 28 November).

ACAMS:

What excites you about this year’s programme?

Rajeev:

The fallout continues after media reports of major money laundering scandals caused a disruptive 24 months in the Nordics. Investigative journalism is no longer ‘niche’. At next month’s Symposium we will sit down with the reporters who broke these stories. We’ll learn Simon and Joachim’s modus operandi on investigations, and how collaboration between journalists uncovered significant AML failures. Of particular interest are the differing stances taken by FIs when evidence first came to light.

After hearing whispers of a shared initiative by six banks in early 2018, there has been a gradual gain in momentum, and this summer the Nordics KYC Utility received the green light from the European Commission – targeting a commercial launch in 2020. Martin Walker, interim CTO of the utility will share thoughts on the successful and effective collaboration required to achieve this, the challenges faced and those avoided by engaging with other utilities across the world. Rob De Ridder, Danske Bank and James Buttimore, Nordea will elaborate on what this means for customer experience and financial crime prevention (FCP).

ACAMS:

What’s different this year from past symposia?

Rajeev:

This year, we’ve included a brand new two-part interactive training session.

In the Nordics, there is a strong commitment to focus on training as part of an institution’s Financial Crime Prevention framework. How do you decide what training should be offered across the three lines of defence? When is face to face training the more effective approach compared to e-learning and which methods should you use to evaluate the effectiveness of your training programme? Our experts will walk you through the ten factors to consider when building an impactful FCP training programme.

Thereafter, we’ll also focus on Business Risk Assessments (BRA). Whilst much time and energy can be afforded to formulating a robust BRA; Erling Grimstad, Paul Coady, Miriam Gyllenros and Samantha Sheen explain where to focus your efforts.

Our aim is to take lessons from an eventful couple of years, engage with our regulators and pull all of the understanding we can from them, to prepare for the future.

I hope to see you there.

Rajeev Ahya