A panel of RegTech founders and peers discuss their solutions, the opportunities and the challenges
Geopolitics, Risk and Regulation
Recent examples of payments fraud have shown that they can succeed because of weaknesses in security at one endpoint in the ecosystem. While wholesale payments fraud can cause material risks to individual financial institutions, it may also have a broader systemic impact on a payment system, its ecosystem and the broader economy.
Sanctions filter testing: Determining effectiveness and driving efficiency in a fast changing sanctions landscape
This session will consider regulatory developments that are now shaping this space and driving the urgency for sanctions filter testing in APAC and globally. We will discuss how to control effectiveness, provide regulatory evidence, and maintain and develop an effective sanctions compliance programme.
SWIFT’s Sanctions Testing experts demonstrate how regular testing using our community
-inspired tool is helping leading banks demonstrate sanctions compliance to their senior management and overseers, while tuning for achieving enhanced screening effectiveness and operational efficiency.
Connect with your peers and colleagues over cocktails and canapés in the stunning Harbourside Café, overlooking the vibrant Darling Habour
Join us at the knowledge bar to discover everything about our portfolio of KYC and reference data products and how they can help improve your due diligence experience and increase customer satisfaction. Ask us any question you might have on what data we provide and how our solutions can be accessed or integrated within your own environment.
Regulatory focus in Asia Pacific is at an all-time high, and financial institutions are being pressed to raise their game in response. This Knowledge Bar session will provide an interactive opportunity to discuss current priorities and the impact of increasing regulatory pressures, including more prescriptive approaches to sanctions testing, the shift from KYC to KYCB (‘Know Your Customer Behaviour’), as well as further changes anticipated in 2019.
While cyberattacks are a global phenomenon, Asia has been home to a number of high-profile wire fraud attacks. In response, regulators and banks in the region are taking the lead in developing strategies and best practices around wire fraud prevention, risk mitigation, and recovery of systems and funds. Join Saqib Sheikh, who heads SWIFT’s Customer Security Programme (CSP) in APAC, and special guests to learn how financial institutions, regulators, and SWIFT are tackling cyber threats with community-based strategies and solutions – including SWIFT Payment Controls.
Machine Learning and Artificial Intelligence offer the promise of improving AML detection while addressing exploding compliance costs. The Institute of International Finance recently surveyed a diverse group of banks and insurers to better understand their exploration of Machine Learning and Artificial Intelligence for AML purposes. Join Adrien Delle-Case, Policy Advisor at the IIF, to learn the industry's view of these technologies' potential to reshape AML practices and improve outcomes, as well as which regulatory hurdles need to be overcome.
Know Your Customer compliance has never been more critical. Regulators expect banks to properly evaluate their correspondents and put appropriate risk controls in place. In this session, Alex Tame, Global Head of Partners and Content Integration at Dow Jones, will discuss how banks can use negative news and regulatory findings about (potential) counterparties to improve KYC and Customer Due Diligence processes. Dow Jones Adverse Media data is available through the SWIFT KYC Registry, where new pricing makes it affordable for even the smallest Registry users.