Agenda

Opening Presentation

Panel Session

• Emerging Regulatory Trends: Analysis of upcoming regulatory changes and their implications for financial crime compliance.

• Technological Innovations: How advancements in AI, machine learning, and blockchain are shaping compliance and risk management.

• Global Compliance Challenges: Addressing the complexities of international regulations and cross-border financial crimes.

• Strategic Preparations: Best practices for organizations to stay ahead of regulatory changes and enhance their compliance frameworks.

Presentated by PEGA

• Banks play a crucial role in protecting customers from financial crime, but high-profile money laundering and fraud cases undermine public confidence in their security.

• The complexity of modern banking products, combined with increasingly sophisticated threats, requires significant investment in security and skilled staff to stay ahead of evolving scams and frauds.

• Discover how integrating predictive and adaptive AI into the investigations workflow unifies data, providing a complete view of your customer and the risk landscape, and hear about how Pega clients are using this technology to enhance investigation accuracy, speed, and reduce operational costs.

• Fintech Innovation vs. Stable Regulations: Navigating the Speed Gap

• Fintech is new territory for regulators, who designed rules with traditional banks in mind

• Regulators crave transparency, and proactive transparency can solve many future problems

Roundtable Session facilitated by Pega

Financial services firms continue to struggle with the manual effort required to review, triage, and investigate all the different financial crime related alerts that get generated. Could a combination of new technologies and alternative approaches finally make a real impact?

• Is the promise of Generative AI real and how are organisations applying it to financial crime?

• What approaches are organisations taking to streamline manual and duplicative investigation activities?

• Is there a way for organisations to consolidate all the different alerts being generated by different systems?

Roundtable Session Facilitated by NICE Actimize

The financial crime landscape continues to move at an alarming pace. More data, more detection requirements, more scams, more channels to cover, more regulations to interpret.  Please join this round table discussion with your peers, where we will hold an open conversation.

Roundtable Session Facilitated by Jade Thirdeye 

• What are the biggest obstacles that consume your team's time and resources that could be addressed with automation?

• How do you quantify the impact of these challenges?

• What ways can technology help you streamline processes and enhance productivity?

Presentation

Join us for an in-depth session on managing AI risks in organizations, focusing on people, processes, and technology. We’ll cover key risks, their causes, and effective strategies, including guidance on applying global standards like the NIST AI RMF, the EU AI Act, and ISO 42001 to ensure compliance. Gain practical methods for implementing AI systems, advanced risk management techniques, and real-world examples of successful AI use across industries. Equip yourself with the knowledge and tools to navigate AI integration confidently.

Presented by Jade ThirdEye

• What do efficiency and effectiveness mean to AML teams?

• How can AML teams become more efficient?

• How can AML teams become more effective?

Fireside Chat

• Understanding the current cyber landscape, including the impact of emerging technologies like Generative AI (Gen AI) on cyber-attacks and fraud.

• Recognising the crucial role of cyber resilience in defending organisations against evolving cyber threats.

• Gaining actionable insights and best practices to bolster organisations against cyber risks in the face of emerging technologies and threats

Panel Session

• Internal Controls and Governance: Implementing robust systems to monitor and manage AML and financial crime risks.

• Transparency and Reporting: Enhancing transparency in AML operations and ensuring accurate and timely reporting.

• Leadership and Culture: The role of senior management in fostering a strong compliance culture and holding teams accountable.

• Challenges and Solutions: Addressing common obstacles to effective oversight and accountability, and exploring practical solutions for improvement.

 Panel Session

• Adapt to evolving fraud tactics to better protect stakeholders and customers, ensuring proactive and effective defenses.

• Build transparency and trust to strengthen and secure stakeholder relationships, enhancing overall confidence in your organization.

• Leverage advanced fraud detection, ethical decision-making, and robust internal controls to enhance enterprise risk management.

• Foster cross-sector collaboration and navigate regulatory requirements to achieve a comprehensive and unified approach to fraud management.

Presentation

• The Three Lines of Defence model for AML has been adopted by major and some domestic Australian banks, but it's not yet consistent across the entire banking sector.

• AUSTRAC’s regulatory focus on casinos, pubs, clubs, and the remittance sector shows that AML risk management in these areas is still developing and often ad hoc.

• Tranche 2 reforms propose adding internal controls to AML/CTF obligations, which may introduce minimum standards for auditors.

Presentation

• Debating the potential pitfalls of using complex controls to gain maximum customer protection.

• Leveraging desire paths to guide you towards pragmatic and effective strategies in cyber and fraud.

• Navigating the inevitiable "are we there yet?" question. 

Panel Session

• Navigate the balance between innovation and excess as new technologies redefine financial crime prevention.

• Explore the game-changing effects of data and automation in detecting financial crime and their possible overreach.

• Debate the pros and cons of emerging tech in financial crime, uncovering their true impact on security and efficiency.

• Discover strategies to harness technology effectively while avoiding pitfalls and ensuring impactful results.