9:05 am to 9:10 am SGT
Opening Address
9:10 am to 9:20 am SGT
Chair’s Welcoming Remarks
9:20 am to 9:35 am SGT
Continuous Compliance: How Leading Financial Services Organisations are Shifting to Continuous Compliance Through Conversational Data and AI
- See how capturing conversations from any source – voice, video and chat – and transforming them into data can boost visibility and address compliance mandates in a work from anywhere world
- Learn how cutting edge conversational AI is enabling risk mitigation, proactive reporting, and compliance intelligence
- Discover how to reduce compliance operation costs and automate existing workflows
9:35 am to 9:45 am SGT
Audience Q&A
9:45 am to 10:15 am SGT
Panel Discussion Next - Gen Collaboration on FinCrime Intelligence and Data Sharing
- Understanding the obstacles, challenges and conflicting priorities in PPP
- Complementing centralized transaction analysis to effectively scale up and tackle the increasing scope and complexity of money laundering and terrorist financing
- Addressing the promise of preserving privacy in FinCrime data sharing
10:15 am to 10:30 am SGT
The Future of Collaboration – Global Coalition to Fight Financial Crime
- What is the Coalition? Objectives, legislative influence and relevance to APAC
- Engagement models and data partnerships
- Solutions to address emerging risks and challenges including environmental crime and human trafficking
10:30 am to 10:40 am SGT
Audience Q&A
10:40 am to 11:10 am SGT
Panel Discussion - The Future of KYC/CDD, Transaction Monitoring and Customer Screening
- Leverage the latest tools to cut costs and help improve consistency in your AML/KYC program
- How is transaction monitoring changing from rule based systems to behavior based clusters and the use of AI and ML
- Streamlining regulatory compliance with SAR filing and CDD obligations
11:10 am to 11:50 am SGT
Track A
11:10 am
to 11:25 am SGT
Session to be Announced
11:25 am
to 11:35 am SGT
Audience Q&A
11:35 am
to 11:50 am SGT
AML Capabilities – People, Process, Technology – What Shifts Will We See in the Coming Year?
- Look ahead at what will be key AML program fulcrum points
- Regulatory focal points and how best to use technology and partnerships to achieve effectiveness
- Adopting Innovative skills, methods, and processes
Track B
11:10 am
to 11:25 am SGT
Automating End-to-End eKYC and AML Workflows Throughout the Customer Journey
- Implementing an integrated and automated identity proofing, eKYC and AML monitoring workflow for customer onboarding and ongoing due diligence
- Building a strong internal IT partnership to help streamline digital onboarding and AML/KYC processes
- Building AML compliance culture to manage regulatory risks
11:35 am
to 11:50 am SGT
How AI is Set to Transform AML with Face Recognition, Text Analytics and Explainability
- AI applied to typical financial data for AML
- Face recognition in eKYC as a versatile biometric identification technology with potential for scalability and enhancements.
- Text analytics: Gather intelligence information efficiently from different sources and employ NLP to extract relationships, topics and sentiment in free text that is available on the web
12:00 pm to 12:10 pm SGT
Networking Break and Meetings
12:10 pm to 12:50 pm SGT
Track A
12:10 pm
to 12:25 pm SGT
Enhancing Public-Private Collaboration in Fighting Trade-Based Financial Crime
- Lack of reliable statistics around trade-based money laundering (TBML) stifles effort of banks and regulators to catch the bad guys
- Need to improve suspicious transaction reporting to better detect and prevent TBML
- Tap public-private partnerships to create better solutions in fighting financial crimes
Track B
12:10 pm
to 12:25 pm SGT
Dynamic Customer Due Diligence for Real-time Risk Management
- How traditional Customer due diligence (CDD) have risen up to a more sophisticated practice
- Understanding significant changes on a continuous basis ranging from basic static data to client needs and behaviours
- Regulators expect FI to leverage on emerging technologies to obtain and validate client information on a continuous basis
12:25 pm to 12:40 pm SGT
Terrorist Financing and Developments in Sanction Compliance
- Understanding FATFs global efforts on combating terrorist financing and study on Economic Sanctions to North Korea (DPRK) by Japan
- Framework for OFAC Compliance Commitments and OFAC five essential components for an SCP
- Root Causes of common sanctions breaches
12:50 pm to 1:05 pm SGT
Fortifying AML and KYC Controls with Advanced Data Analytics with ComplyAdvantage
1:05 pm to 1:15 pm SGT
Audience Q&A
1:15 pm to 1:45 pm SGT
Panel Discussion - Leveraging Disruptive Technologies to Enhance AML and Financial Crime Compliance
- Understanding current trends, emerging tech and changing business needs to manage financial crime risks
- Review recent regulatory enforcement actions and consider possible compliance approaches
- What makes for a great AML compliance program
1:45 pm to 1:55 pm SGT
Networking Break and Meetings
1:55 pm to 2:35 pm SGT
Track A
1:55 pm
to 2:10 pm SGT
Mitigate Fraud Risk & Manage AML compliance smarter with Graph Analytics, Machine Learning & Financial Crimes Tool Kit
- Increase Fraud Detection by 11% on average by combing Graph + AI and Visualization
- Exploring and understanding client profiles, relationships, networks and patterns using the existing data set
- Visualise deep-link analysis to uncover connections among people, devices, credit cards and bank accounts to prevent fraudulent transactions in real-time
2:10 pm
to 2:20 pm SGT
Audience Q&A
2:20 pm
to 2:35 pm SGT
Financial Crime Compliance Challenges and Strategies in the Covid-Era
- How COVID-19 pandemic creates financial crime vulnerabilities
- Pandemic-related financial crime risks and threats
- Applying additional measures, re-designed to cope with the pandemic period and pandemic-centric financial crimes compliance program
Track B
1:55 pm
to 2:10 pm SGT
“Perpetual KYC” – Are we Thinking Broad Enough?
Perpetual KYC (P-KYC) has become a catch-all term to solving the client review problem, but it offers scope to create a sustainable and scalable processes.
- How by adopting an Event Management Framework and a Virtual Analyst is necessary to ease the burden of reviews
- Keep the operational book of work focused on genuine key risk factors and Bring materiality to heart of decision making
- STP things of minimal consequence; Manage the evolution of policy through the review cycle and Achieve additional gains through homogenisation of risk types
Speaker to be added: Cengiz Kiamil – Vice President of Strategy – Fenergo
2:20 pm
to 2:35 pm SGT
Enhanced Transaction Monitoring Solutions
- Use cases of AI / ML in Transaction Monitoring
- Importance of feeding the right data into TM systems
- Leveraging the power of cloud computing
2:45 pm to 3:00 pm SGT
Combatting Trade-Based Money Laundering with Blockchain
- Understanding TBML as one of the most common money laundering techniques used by transnational criminal organizations
- As the industry embraces digital trade, new opportunities are arising for AML practitioners to foster greater collaboration and develop new capabilities
- Share findings from leading organisations regarding how information sharing, data analytics and emerging technology can play a greater role in enabling private-private and public-private collaboration
3:00 pm to 3:10 pm SGT
Audience Q&A
3:10 pm to 3:40 pm SGT
Panel Discussion - Financial Crime and AML Evolving Trends and Challenges in the Digital Age
- How digital augmentation will impact AML, compliance and fincrime intelligence across the financial space
- How financial crimes and compliance professionals can adapt to this digital day and age
- Following best practices such as integration, automation, using technology and data to drive innovation
