Examining New Types of AML/CTF Controls Necessary for Digital Banks

  • When: September 6, 2019
  • Time: 10:00AM – 11:00AM HKT
  • Level: All

In today’s increasingly tech-dependent compliance landscape, electronic payments and digital banking present both opportunities and challenges for AML professionals. Specific anti-money laundering and counter-terrorist finance controls are imperative for electronic payments and digital banking if financial institutions are to meet regulatory expectations for risk mitigation associated with delivering innovative digital services to customers. This insightful webinar will detail current financial technology trends and related financial crime typologies, as well as detail proper internal controls to manage associated risks with digital banking.

Learning Objectives

  • Analyzing the emergent typologies around digital banking and electronic payments
  • Examining the new threats from “virtual money mules” to launder money online accounts
  • Reviewing emerging trends in identity theft methods to adjust the oversight necessary to improve detection and build red flags

Who Should Attend

  • Compliance Personnel
  • General Counsel
  • Technology Officers
  • Industry Consultants

Region/Industry

  • Financial Institutions
  • Technology
  • APAC
  • Global

Register for this Webinar

Register


Moderator

William Scott Grob
  • Dr. William Scott Grob, CAMS-FCI

  • AML Director – APAC
  • ACAMS

Bio

Dr. Grob has over 25 years of financial and banking expertise. His most recent role was as Regional Head of Affiliates Management, HSBC, where he worked on mitigating financial crime and correspondent banking risks across Asia. His 12-year career at the bank also included managing risk within the Equity/FX prime brokerage business, Structured Funds business, and Hedge Fund units.

Dr. Grob earned a Bachelor’s degree from Boston University, a Master of Arts from George Mason University, a certificate from Harvard Business School’s General Management Program, and a Doctorate of Management from SMC University (USA), where his dissertation was focused on correspondent banking- “IMPACT OF CORRESPONDENT BANK ENHANCED DUE DILIGENCE PRACTICES.” Also, he has designations from the Chartered Alternative Investment Analyst (CAIA) Association, and Global Association of Risk Professionals (FRM).

Speakers

Robert Miller
  • Robert Miller, CAMS

  • Compliance Manager (Department Head)
  • OCRA Worldwide

Bio

Mr. Miller is an AML professional based in Hong Kong S.A.R. who moved from Canada to participate in Asia’s vibrant financial, business and technological ecosystem. Originally starting his career with business development opportunities in finance, he later transitioned to financial crime compliance and began researching emerging technologies such as blockchain, machine learning and data analytics to drive the compliance industry forward and to improve the effectiveness of risk and compliance strategies. Mr. Miller currently serves as the compliance officer for a TCSP which provides a unique perspective on compliance with regard to the use of offshore structures and beneficial ownership.


Manny Nepomuceno
  • Manny Nepomuceno

  • Chief Architect
  • Seedbox Philippines

Bio

Manny Nepomuceno is an agency veteran with a digital marketing background with more than 15 years in the advertising and technology industries. In his current role as Chief Architect of Seedbox Philippines, he ensures that information systems are robust, well-rationalized and conform to regulatory requirements. Prior to working in the fintech industry, Mr. Nepomuceno served as Head of Digital Marketing for BBDO Guerrero, co-founded and organized MobileMondays Manila, and was a trainer in the Certified Digital Marketing Program. He currently serves as marketing head for the National Association of Data Privacy Officers of the Philippines.