‘Digitalisation’ has become a buzzword in our discussions within the organisation and external communications with our clients, regulators, suppliers and other third parties. At times, these discussions are ‘demanded’. What is the impetus of these discussions? How does Technology impact our operations, predominantly in relation to Anti-Money Laundering (“AML”) compliance?
Responding to the current demands, BDO is hosting two events, a free webinar as a forerunner to our virtual conference event to explore the recent 'risk drivers' in the Caribbean region. This webinar will include some of the key challenges (as noted below) and how businesses could mitigate those risks in compliance with AML standards and controls
This webinar aims to provide an overview of the Technology AML landscape with a key focus on :
- AML System Verification, Validation & Monitoring
- Cyber Security & Data Privacy
- Assessing AML Technology (Auditing).
WHO SHOULD ATTEND?
Especially relevant to those involved in AML compliance, this event is also aimed at:
- Chief Compliance Officers
- Chief Technology Officers
- Money Laundering Reporting Officers
- Money Laundering Compliance Officers
- Chief Risk officers
- Board of Directors
- Fraud Officers
- Technology Directors
Richard Carty – Director, Risk Advisory Services, BDO
Dan Burget – Director, Forensic Investigations and Litigation Services, BDO
Jorge Santiago-Escobar - Director, Risk Advisory Services, BDO
Anti Money Laudering and Financial Crime Services
In relation to supporting systems, technology innovation has been great. Responding to continuing regulatory changes, organisations have built substantial IT operations to simplify compliance and mitigate the risks of money laundering, terrorist financing and financial crime in general. Such activities have consisted of modifications to processes, research for new supporting IT systems and the development of entirely new operational areas. We will continue the above discussions during the “deep dive” workshop event (Virtual Conference) on June 7 2021.