An estimated 2.5% of world GDP is laundered money. 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.
This series of boutique, peer-to-peer, executive events benchmark best practice and explores what is needed to force a step change in the industry – reducing exposure to money laundering itself, and to the financial penalties.
We have been working with the Transform Finance Advisory Board members, as well as international banking representatives, to create a programme packed with discussion of the pivotal challenges that banks face in the fight against sophisticated financial crime.
Focused on anti money laundering strategy, financial crime compliance, sanctions, data processes, transaction monitoring, the possibilities of AI and RPC amongst other topics.
To encourage open conversations in our favoured boutique format, including round table discussions with other banking representatives and 1-2-1 meetings alongside unparalleled networking opportunities, each forum will be limited to 60 delegates, 12 leading banking speakers and a few carefully chosen leading solution providers.
Thanks to the sponsorship from our world leading partners Bureau van Dijk, Confirmation and IBM we are able to offer a number of complimentary passes, but expect these to go fast, so we recommend that you register quickly to secure your place.