ACAMS APAC Conference Offers Plan to Fight Evolving Financial-Crime Threats in Asia

WASHINGTON, DC, April 05, 2023 (GLOBE NEWSWIRE) -- To support regional efforts to prevent illicit finance throughout Asia, ACAMS will host a special two-day training and networking event for its 14^th Annual AML & Anti-Financial Crime Conference – APAC. Beginning on April 24^th, attendees of this in-person event will hear guidance from high-level experts on an array of topics in APAC’s rapidly evolving anti-financial crime (AFC) sector, including discussions on managing compliance risks posed by digital-payment systems, identifying signs of bribery and corruption with anti-money laundering (AML) controls, implementing industry best practices to fight ransomware and other cybercrimes, and navigating conflicting international laws and regulations in the global sanctions space.

In addition to networking with their peers, attendees will have the opportunity to pose compliance questions to representatives of the Asia/Pacific Group on Money Laundering (APG), Singapore Police Force, U.S. Homeland Security Investigations, Maybank, DBS Bank, Standard Chartered Bank, JPMorgan Chase & Co., MUFG Bank, Citibank, Goldman Sachs, United Overseas Bank, BNP Paribas, Rizal Commercial Banking Corporation (RCBC), Wells Fargo Bank, and other stakeholder organizations in the AFC industry.

The conference will also feature a keynote address by Ian Wong, Deputy Director Intelligence & Administration Group in the Commercial Affairs Department of the Singapore Police Force, and a regulatory roundtable with Suzie White, Director of Mutual Evaluations for the APG, and Matthew M. David, Executive Director of the Anti-Money Laundering Council (AMLC) of the Philippines.

“Anti-financial crime professionals throughout Asia are grappling with growing regulatory requirements and emerging illicit-finance threats that continue to reshape how AFC compliance is conducted,” said ACAMS CEO Scott Liles. “That’s why it’s critical to stay informed of new criminal typologies and build relationships throughout the AFC industry.”

“This is a conference that will not only equip attendees with the skillsets they need to excel at their jobs but also help to foster long-term collaboration in APAC on identifying and preventing financial crime,” he said. “Whether you’re looking for regulatory insights on mitigating the risks of virtual assets, seeking to leverage robotic process automation in customer due diligence controls, or strengthening your AFC program to follow and report money flows linked to human trafficking and other transnational crimes, the ACAMS APAC Conference offers practical advice that can shield institutions from costly penalties and reputational harm.”

Find out more about the ACAMS APAC Conference, including how to register, here. Members of the media in Singapore who wish to attend the conference in person, can register by sending an email request to [email protected] with their full name and the organization they represent. 

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About ACAMS®

ACAMS is a leading international membership organization dedicated to providing opportunities for anti-financial crime (AFC) education, best practices, and peer-to-peer networking to AFC professionals globally. With over 100,000 members across 180 jurisdictions, ACAMS is committed to the mission of ending financial crime through the provision of anti-money laundering/counterterrorism-financing and sanctions knowledge-sharing, thought leadership, risk-mitigation services, ESG initiatives, and platforms for public-private dialogue. The association’s CAMS certification is the gold- standard qualification for AFC professionals, while its CGSS and CCAS certifications are for sanctions professionals and AFC practitioners working in the crypto space, respectively. ACAMS’ 60+ Chapters globally further amplify the association’s mission through training and networking initiatives. Visit acams.org for more information.

Lashvinder Kaur
ACAMS
+44 7388 264478
[email protected]