True Cost of AML Compliance in Asia

Sponsored by

exisNexis Risk Solutions
  • When: July 3, 2019
  • Time: 10 – 11AM HKT
  • Level: All

Lingering tensions over the 1MDB scandal, escalating beneficial ownership requirements and increasingly stringent regulations have contributed to heightened focus on AML compliance in APAC. Across financial services firms in Indonesia, Malaysia, Philippines and Singapore, compliance costs were over US$6.09 billion annually.

This informative webinar explores what factors are fueling rising AML compliance costs and the strategies to control impacts on your business. Built with findings from the newly released LexisNexis® Risk Solutions 2019 True Cost of Compliance study for APAC.

Learning Objectives

  • Understand the costs and trends of AML compliance in the APAC region
  • Find out how increased focus on de-risking is changing approaches to compliance
  • Learn how financial services firms are managing reputational risk

Who Should Attend

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

Industry/Region

  • Financial Institutions
  • Fraud Detection
  • APAC

Register for this Webinar

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Speaker

Douglas Wolfson
  • Douglas Wolfson

  • Director of Financial Crime Compliance
  • LexisNexis Risk Solutions – Asia

Bio

Douglas Wolfson is director of financial crime compliance for LexisNexis Risk Solutions in Asia. Headquartered out of Hong Kong, Mr. Wolfson drives the strategy and product development of the leading risk tools used by the biggest banks in the world that help to mitigate financial crime compliance issues.

Mr. Wolfson has 18 years of financial services, risk management and international business experience. His deep experience includes leading risk management departments at the world’s most recognizable financial institutions.

He received a Bachelor of Arts degree in International relations from Colgate University. He also is the co-founder and organizing committee member of the Blue Tie Ball in Hong Kong, an event created to raise awareness about and reduce the stigma around mental illness.