Fortifying AML Programs to Comply with the New Global Regulatory Landscape
 |
 |
Thank you to all who attended the 4th Annual ACAMS AML/CTF Conference - Asia Pacific. We especially want to thank our supporters – Bank Indonesia, FKDKP, and PERBANAS – speakers, sponsors and exhibitors for their contributions in making this year’s conference a huge success.
2012 Conference Summary
The world’s leading anti-money laundering association, ACAMS, hosted Asia Pacific’s key AML leaders and experts during its Annual conference at the Nikko Bali in Indonesia. Over 200 delegates from both the government and private sectors gathered to discuss the most recent regulatory changes as well as solutions and strategies in addressing the region’s toughest financial crime prevention challenges.
“This year we received invaluable support from Bank Indonesia, FKDKP, and PERBANAS, a clear reflection of the Indonesian government’s continued commitment to the importance of practical AML education and training”, said Hue Dang, CAMS, ACAMS Head of Asia.
Conference Program Highlights
“Both Director, Directorate of Banking Research and Regulation, Dr. Wimboh Santoso of Bank Indonesia, and Head of PPATK Muhammad Yusuf delivered keynote addresses reiterating the importance of global cooperation in the fight against financial crimes, and in-line with a changing regulatory environment throughout the region. We decided to kick off the 2012 conference with the Critical Update on Asia Pacific AML Regulatory Changes session, a comprehensive discussion where expert panelists from Thailand, Indonesia, and Hong Kong covered topics such as Hong Kong and Indonesia’s new AML laws, and the new revised FATF Recommendations,” continued Dang.
Other notable conference highlights included the Identifying Emerging Financial Crime Schemes to Mitigate Risk session which touched on the region’s most prolific challenges in human trafficking and smuggling as well as the threat posed by cybercrimes and electronic mule operations, and the Optimizing Internal Controls to Combat New Tax Evasion Methods session which offered attendees a deep dive into the Foreign Account Tax Compliance Act (FATCA).
“2012 has been earmarked as the year for regulatory change in the Asia Pacific region and as the leading anti-money laundering certification authority, our goal is to continue to offer our attendees with in-depth training and information that is practical and immediately applicable to their everyday financial crime prevention efforts,” concluded Dang.
Coming in 2013…
Stay tuned for the announcement of the 5th Annual ACAMS AML/CTF Conference – Asia Pacific in the coming months. To register for the 2013 event, please contact Hue Dang at hdang@acams.org or +852.3750.7645/7694.