Tuesday 25 March 2025
08:00 - 08:50
Registration and breakfast
Marriott Downtown 08:50 - 09:00
Chair’s opening remarks
Day 1 Moderator
09:00 - 09:35
REGULATORY LANDSCAPE OF FINANCIAL CRIME - FIRESIDE CHAT
Managing compliance amidst frequent regulatory changes and understanding impact on technologies
- Strategies for maintaining alignment between technological advancements and regulatory requirements
- Addressing the challenges of ultimate beneficial ownership and perpetual KYC
- Preparing for future regulatory changes and adapting compliance programs accordingly
- Overcoming obstacles related to legacy systems and identifying future-proofing strategies
09:35 - 10:20
AML Reform ACT – PANEL DISCUSSION
Overview reformed FinCen AML 2020 Act requirements in 2025
- Navigating diverse regulatory expectations for AI models and compliance in financial crime prevention
- Preparing for future regulatory changes and understanding their impact on technology use
- Exploring future trends in global AI and privacy regulations and their implications for financial institutions
- Enhancing collaboration and understanding between regulators and financial institutions
- Addressing challenges for smaller institutions in meeting FinCen requirements
- Managing lack of resource constraints and lack of technology infrastructures
- Addressing the challenges posed by rapid technological advancement in relation to regulatory frameworks
10:20 - 10:50
Morning refreshment break and networking
10:50 - 11:25
DATA MANAGEMENT AND AI INTEGRITY
Driving AI Innovation and Data Integrity Through Graph Representations and LLMs
- Utilize graph representations for enhanced data management.
- Distinguish true innovation from simple improvements by integrating graph-based insights.
- Employ advanced language models to drive innovation.
- Address data mismanagement with strategies that leverage graph-enabled LLMs to increase data accuracy and reduce hallucinations.
- Enhance data integrity to support technologies combating financial crime through sophisticated graph and LLM applications.
11:25 - 12:10
LEVERAGING AI IN FINANCIAL CRIME PREVENTION – PANEL DISCUSSION
Exploring the future role of AI in financial crime prevention and compliance strategies
- Harnessing AI to enhance customer data management and analysis in banking
- Integration of AI in transaction monitoring and sanctions screening for better risk management
- Leveraging AI and ML to improve fraud detection and reduce false positives
- Managing automation and real-time payments in a regulated environment
- Exploring generative AI to enhance operational efficiency in financial crime
- Discuss law enforcement’s role in adopting AI for fraud prevention
Shankha Sen Global Head of Financial Crimes Compliance Data and Analytics - BNY
Patrick Simonnet Chief Audit Executive - Bank of China
Sateesh Kumar Challa Head of Digital Transformation Office - Société Générale
Xihua 'Sabrina' Chen Global Head of AML/ Customer Risk / Data Science Senior Lead - Citi
Delena D. Spann Cyber Fraud Task Force - U.S Secret Service
12:10 - 12:45
LEVERAGING ML TO DETECT FALSE POSITIVES
Implementing ML tools to enhance AML processes and reduce false positives
- Leveraging AI for data management and analytics to improve decision-making processes
- Exploring the capabilities and boundaries of AI in detecting and preventing financial crimes
- Developing AI models and algorithms for better detection of financial crime patterns
- Case studies demonstrating successful AI applications in financial crime compliance
12:45 - 12:55
Luncheon Address
Transforming enterprise risk & compliance
- AI-Driven financial crime risk intelligence – AI-powered monitoring unifies oversight across business units, jurisdictions, and counterparties, revealing hidden risks and enabling proactive mitigation
- Strategic compliance & resilience – AI-driven benchmarking, gap analysis, and automated actions help enterprises strengthen controls, reduce regulatory exposure, and stay ahead of threats
12:55 - 13:55
Lunchbreak and Networking
13:55 - 14:30
THE ROLE OF ADVERSE MEDIA SCREENING IN THE KYC PROCESS
Enhancing due diligence and compliance through adverse media monitoring
- Integrating adverse media screening into KYC to identify and mitigate risks associated with customers, counterparties, and business partners
- Leveraging adverse media as a tool in combating human trafficking, cartels, and transnational crime
- Strengthening compliance with AML frameworks and reducing reputational and regulatory risks
- Utilizing technology to enhance the efficiency and accuracy of adverse media screening
- Adapting screening strategies to evolving regulatory expectations and financial crime trends
14:30 - 15:15
SANCTIONS SCREENING AND GEOPOLITICAL RISKS – PANEL DISCUSSION
Navigating geopolitical developments and managing associated risks with sanctions screening
- Understanding the complexities of sanctions evasion and its impact on financial institutions
- Examining best practices for due diligence and monitoring transactions to detect potential sanctions evasion
- Preparing for changes in sanctions regulations and understanding their implications
- Adoption of AI technologies for sanction screening and decision-making processes
- Examining challenges related to the expiration of OFAC licenses and impact on securities
Max Lerner Managing Director, Global Head Sanction Compliance and Anti Bribery & Corruption - State Street
Andrew Jensen Managing Director, Global Head of Sanctions - TD Bank
Alice Rojas Managing Director, Americas Head of Sanctions Compliance - Société Générale
Hunter Kreger SVP, Asst. Director FCC & OFAC Office - Blue Ridge Bank
Alexandra (Alexa) Colquhoun Head of Sales - Dow Jones
15:15 - 15:50
RISK ASSESSMENTS
Financial crime compliance risk assessments: What should you do?
- What are financial crime compliance risk assessments?
- Is there any specific regulatory guidance?
- How many different types of FinCrime risk assessments are there?
- What purpose do risk assessments serve?
- What information is needed?
- Understanding risks and controls
- Roles of the three lines of defense
- What are the results used for?
- Leveraging technology for risk assessments
15:50 - 16:20
Afternoon break and Networking
16:20 - 16:55
FRAUD DETECTION VS AML MODELS
Key differences in validating fraud detection VS AML models
- Customer Type: Money launderers are typically internal customers with legitimate accounts, while fraudsters are often external actors
- Addressing the lack of integration between technological systems and managing siloed technology
- Time Horizon: Money launderers take a long-term approach, blending illicit funds gradually, whereas fraudsters act quickly, exploiting short-term opportunities
- Monitoring Focus: AML systems monitor long-term behavior patterns, while fraud systems prioritize rapid detection of specific events
- Validation Approach: These differences require distinct validation methods, each demanding a unique thought process and focus
16:55 - 17:30
AI AND AML
- Automating AML tasks: The shift in Level 1 reviews (sanctions, watchlists, PEPs, and adverse media alerts)
- The evolving role of AI in detecting and investigating suspicious activities
- Impact on AML risk assessments, customer risk ratings, and internal audits
- Will AI replace human expertise, or will it amplify compliance capabilities?
- Preparing for the future: Adapting skillsets and strategies in an AI-driven AML landscape
17:30 - 17:35
Chair’s closing remarks
17:35
End of day one and networking drinks reception
Wednesday 26 March 2025
08:00 - 08:50
Registration and breakfast
Marriott Downtown 08:50 - 09:00
Chair’s opening remarks
Day 2 Moderator
09:00 - 09:45
CRYPTOCURRENCY – PANEL DISCUSSION
Understanding and managing evolving threats in the cryptocurrency landscape
- Leveraging AI to tackle financial crime issues related to cryptocurrencies
- Implementing KYC protocols in the cryptocurrency space to combat anonymity
- Strategies for combining technology to investigate cryptocurrency transactions
- Creating and implementing systems to detect threats and suspicious activities, including money laundering
- Best practices and return of experience
09:45 - 10:20
CRYPTOCURRENCY REGULATIONS
Managing increased regulatory scrutiny following incidents involving crypto banks and money laundering
- Implementing cryptocurrency policies aligned with US Treasury guidelines
- Navigating the regulatory environment to ensure compliance with cryptocurrency transactions
- Creating and enforcing policies around cryptocurrency investments
- Addressing the various stances financial institutions take on cryptocurrency
- Embracing, ring-fencing, or avoiding?
10:20 - 10:50
Morning refreshment break and networking
10:50 - 11:35
KYC - PANEL DISCUSSION
Increasing compliance in KYC processes to streamline process and reduce financial crime
- Ensuring compliance with KYC process to mitigate financial crime and fraud
- Leveraging AI/ML within KYC process to mitigate financial crime and fraud
- Ensuring sanctions requirements are met with KYC process
- Transforming KYC compliance to be frictionless for customers
- Ensuring effective KYC checks to prevent fraud
11:35 - 12:10
BANKS VS FINTECHS – PANEL DISCUSSION
Understanding the gap between traditional banking and fintech in adopting new technologies
- Evaluating the risks and benefits associated with fintech and bank partnerships.
- Managing regulatory scrutiny and compliance challenges in bank-fintech collaborations
- Conducting oversight of fintech activities to manage AML and KYC risks
- Collaboration between banks and FinTech’s to leverage technology and enhance fraud prevention
12:10 - 13:10
Lunch break and Networking
13:10 - 13:45
IDENTITY THEFT AND FRAUD
Implementing best practices and technology to prevent identity theft and account fraud
- Managing growing trends in fraud and identity theft
- The rise of deepfakes and sophisticated robocalls
- Exploring advanced technologies used by fraudsters and developing countermeasures
- Preparing for evolving fraud tactics and enhancing prevention measures
- Utilizing AI and ID verification tools to protect against theft and fraud
13:45 - 14:20
THIRD PARTY RISK MANAGEMENT
Managing third-party risk in financial crime management
- Ensuring third-party vendors adhere to the same standards and regulations as financial institutions
- Managing effectively to prevent risk of customer data breaches
- Actively monitoring third parties to maintain oversight associated with KYC and transaction monitoring
- Leveraging technology for effective due diligence and oversight on third parties
- Mitigating fraud, money laundering or financing of illegal activities
14:30 - 15:00
Afternoon Break
15:00 - 15:35
COLLABORATION
Building sound partnerships to enhance crime prevention and effective cybersecurity measures
- Coordinating efforts between financial institutions and other sectors to combat financial crime
- Challenges and opportunities in establishing collaboration between financial institutions and other industries
- Leveraging technology to facilitate coordinated approaches to financial crime prevention
15:35 - 16:10
Emerging Technologies
The Role of emerging technologies in strengthening financial crime prevention
- The escalating threat of financial Crime
- AI & achine learning for real-time fraud detection
- Blockchain for secure transactions and AML compliance
- Biometrics and digital identity verification to prevent identity fraud
- Big data analytics for predictive risk mitigation
16:10 - 16:20
Chair’s closing remarks
16:20