An estimated 2.5 percent of world GDP is laundered money, while the National Crime Agency believes that £150 billion ($195 billion) is laundered each year in the UK alone.In the past decade worldwide, fines totalling a staggering $26 billion have been imposed for non-compliance with anti-money laundering (AML) regulations, along with Know Your Customer (KYC) and sanctions violations, including on 18 of Europe’s 20 largest banks. So it’s no surprise that battling financial crime with the right tools and technologies is top of banks’ agenda.
The RegTech for AML Forums is a series of boutique, peer-to-peer, executive events. Each session benchmarks best practice, explores why banks struggle with financial crime, and discusses what’s needed to force a step change in the industry – reducing exposure to money laundering itself, and to the financial penalties.
What are the capabilities and limitations of AML tools? And how can technology help tackle the operational and compliance challenges? Answer these and other key questions at the next RegTech for AML Forum.
Each event has been purpose-built in response to the AML challenges outlined to us by leading experts in banking governance, risk management, and compliance.
Demand will be high: this is a boutique, peer-to-peer series for senior executives, with spaces limited to 40 delegates at each forum.
Benchmark against best-in-class AML procedures and technology.Work towards reducing fines.Discover the latest RegTech solutions and stay ahead of the curve.Improve your AML strategy and processes.Find out the latest on planned regulatory changes.Meet with senior banking sector peers to discuss shared experiences and challenges.Seek one-to-one opportunities with our systems integrator and vendor partners.Shape the agenda – interactive panels, roundtables, and one-to-one meetings offer answers to your specific questions.Get fresh perspectives from the industry’s real innovators.Invest in yourself: take time out to grow your expertise.To download the full brochure for this event, please complete the registration form below.